Wall Street analysts forecast that Tyson Foods, Inc. (NYSE:TSN) will post $1.38 earnings per share for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for Tyson Foods’ earnings, with the highest EPS estimate coming in at $1.42 and the lowest estimate coming in at $1.33. Tyson Foods reported earnings of $0.96 per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 43.8%. The business is expected to announce its next earnings results before the market opens on Monday, November 13th.

On average, analysts expect that Tyson Foods will report full-year earnings of $5.22 per share for the current financial year, with EPS estimates ranging from $5.10 to $5.28. For the next financial year, analysts anticipate that the firm will report earnings of $5.75 per share, with EPS estimates ranging from $5.45 to $5.94. Zacks’ earnings per share averages are a mean average based on a survey of research firms that that provide coverage for Tyson Foods.

A number of research firms have issued reports on TSN. Zacks Investment Research raised Tyson Foods from a “hold” rating to a “buy” rating and set a $73.00 price target on the stock in a research report on Thursday, August 10th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $78.00 price target (up previously from $75.00) on shares of Tyson Foods in a research report on Thursday, August 10th. Fundamental Research set a C$1.82 price target on Tyson Foods and gave the company a “buy” rating in a research report on Thursday, August 17th. Royal Bank Of Canada increased their price target on Tyson Foods from $68.00 to $70.00 and gave the company a “sector perform” rating in a research report on Tuesday, August 8th. Finally, Pivotal Research reaffirmed a “sell” rating and issued a $40.00 price target on shares of Tyson Foods in a research report on Tuesday, August 8th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company. Tyson Foods currently has an average rating of “Buy” and a consensus target price of C$69.17.

Shares of Tyson Foods (NYSE TSN) opened at C$74.14 on Monday. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.63 and a quick ratio of 0.79. The stock has a market capitalization of $26,640.00, a PE ratio of 15.32 and a beta of 0.30. Tyson Foods has a 12-month low of C$55.72 and a 12-month high of C$74.30.

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In related news, Director Zepeda Francisco Art Bonillas sold 107,264 shares of the firm’s stock in a transaction that occurred on Monday, August 21st. The stock was sold at an average price of C$0.53, for a total transaction of C$56,849.92. Company insiders own 2.65% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in TSN. Sun Life Financial INC grew its stake in Tyson Foods by 21,000.0% during the 2nd quarter. Sun Life Financial INC now owns 2,110 shares of the company’s stock worth $132,000 after buying an additional 2,100 shares during the last quarter. Washington Trust Bank grew its stake in Tyson Foods by 60.0% during the 2nd quarter. Washington Trust Bank now owns 2,240 shares of the company’s stock worth $140,000 after buying an additional 840 shares during the last quarter. Stevens First Principles Investment Advisors purchased a new position in Tyson Foods during the 3rd quarter worth approximately $141,000. Archford Capital Strategies LLC grew its stake in Tyson Foods by 27,492.3% during the 2nd quarter. Archford Capital Strategies LLC now owns 3,587 shares of the company’s stock worth $149,000 after buying an additional 3,574 shares during the last quarter. Finally, IFP Advisors Inc grew its stake in Tyson Foods by 17.0% during the 2nd quarter. IFP Advisors Inc now owns 2,470 shares of the company’s stock worth $155,000 after buying an additional 359 shares during the last quarter. Hedge funds and other institutional investors own 71.01% of the company’s stock.

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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Earnings History and Estimates for Tyson Foods (NYSE:TSN)

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