Somewhat Favorable News Coverage Somewhat Unlikely to Affect Tyson Foods (TSN) Stock Price
Press coverage about Tyson Foods (NYSE:TSN) has trended somewhat positive on Monday, Accern Sentiment Analysis reports. Accern ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Tyson Foods earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 46.5520952688086 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s analysis:
- March 16th Options Now Available For Tyson Foods (TSN) (nasdaq.com)
- $1.52 EPS Expected for Tyson Foods, Inc. (TSN) This Quarter (americanbankingnews.com)
- Tyson Foods Tops FORTUNE’s World’s Most Admired Companies List for Food Production – GlobeNewswire (press release) (globenewswire.com)
- Tyson Foods (TSN) Raised to “Buy” at Zacks Investment Research (americanbankingnews.com)
- Tyson Foods Tops FORTUNE’s World’s Most Admired Companies List for Food ProductionCompany receives No.1 ranking for second consecutive year (markets.businessinsider.com)
Shares of Tyson Foods (NYSE:TSN) traded up $0.70 on Monday, reaching $80.89. The company’s stock had a trading volume of 1,519,210 shares, compared to its average volume of 2,090,000. Tyson Foods has a fifty-two week low of $57.20 and a fifty-two week high of $84.65. The company has a current ratio of 1.55, a quick ratio of 0.75 and a debt-to-equity ratio of 0.88. The firm has a market cap of $29,720.00, a PE ratio of 16.89 and a beta of 0.36.
The business also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Thursday, March 1st will be paid a $0.30 dividend. This is a boost from Tyson Foods’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Wednesday, February 28th. This represents a $1.20 annualized dividend and a dividend yield of 1.48%. Tyson Foods’s dividend payout ratio is presently 25.05%.
Several analysts recently weighed in on the company. ValuEngine upgraded Tyson Foods from a “hold” rating to a “buy” rating in a research report on Monday, November 20th. upgraded Tyson Foods from a “sell” rating to a “hold” rating and set a $75.00 price objective for the company in a research report on Wednesday, November 15th. BMO Capital Markets upped their target price on Tyson Foods to $89.00 and gave the stock an “outperform” rating in a report on Tuesday, November 14th. Piper Jaffray Companies assumed coverage on Tyson Foods in a report on Thursday, January 4th. They issued an “overweight” rating and a $94.00 target price for the company. Finally, Pivotal Research raised Tyson Foods from a “sell” rating to a “hold” rating and set a $75.00 target price for the company in a report on Monday, November 13th. Seven investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $75.67.
In other news, insider Scott Rouse sold 1,000 shares of the stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $77.26, for a total value of $77,260.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, General Counsel Bebber David L. Van sold 164,348 shares of the stock in a transaction dated Wednesday, December 6th. The shares were sold at an average price of $83.26, for a total value of $13,683,614.48. The disclosure for this sale can be found here. In the last three months, insiders sold 397,342 shares of company stock valued at $32,702,254. Insiders own 1.55% of the company’s stock.
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Tyson Foods Company Profile
Tyson Foods, Inc is a food company, which is engaged in offering chicken, beef and pork, as well as prepared foods. The Company offers food products under Tyson, Jimmy Dean, Hillshire Farm, Sara Lee, Ball Park, Wright, Aidells and State Fair brands. The Company operates through four segments: Chicken, Beef, Pork and Prepared Foods.
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