Tyson Foods, Inc (NYSE: TSN) is -3.02% lower on its value in year-to-date trading and has touched a low of $54.01 and a high of $66.88 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TSN stock was last observed hovering at around $54.64 in the last trading session, with the day’s loss setting it -0.42%.
Currently trading at $54.22, the stock is -2.12% and -2.99% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.15 million and changing -0.77% at the moment leaves the stock -7.78% off its SMA200. TSN registered -5.61% loss for a year compared to 6-month gain of -2.45%. The firm has a 50-day simple moving average (SMA 50) of $55.8926 and a 200-day simple moving average (SMA200) of $58.7921.
The stock witnessed a -2.62% loss in the last 1 month and extending the period to 3 months gives it a -9.27%, and is -5.47% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.16% over the week and 1.63% over the month.
Tyson Foods, Inc (TSN) has around 138000 employees, a market worth around $18.94B and $53.62B in sales. Current P/E ratio is 20.65 and Fwd P/E is 13.27. Profit margin for the company is 1.70%. Distance from 52-week low is 0.39% and -18.93% from its 52-week high. The company has generated returns on investments over the last 12 months (3.44%).
The EPS is expected to grow by 22.38% this year.
Tyson Foods, Inc (TSN) Top Institutional Holders
1166.0 institutions hold shares in Tyson Foods, Inc (TSN), with institutional investors hold 89.52% of the company’s shares. The shares outstanding are 286.23M, and float is at 278.86M with Short Float at 3.14%. Institutions hold 87.28% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 35.21 million shares valued at $2.01 billion. The investor’s holdings represent 9.8901% of the TSN Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 24.5 million shares valued at $1.4 billion to account for 6.8824 of the shares outstanding. The other top investors are WELLINGTON MANAGEMENT GROUP LLP which holds 14.08 million shares representing 3.9545% and valued at over $804.42 million, while PRICE T ROWE ASSOCIATES INC /MD/ holds 3.8212 of the shares totaling 13.6 million with a market value of $777.31 million.
Tyson Foods, Inc (TSN) Insider Activity
Still, SEC filings show that on Nov 21 ’24, White Noel W (Director) disposed off 171,057 shares at an average price of $63.70 for $10.9 million. The insider now directly holds 36,179 shares of Tyson Foods, Inc (TSN).
