Marel

USA - Tyson always beat the market

21 Mar 2013

Tyson Foods (NYSE: TSN)‘s stock had its “outperform” rating reiterated by equities research analysts at BMO Capital Markets in a research note issued to investors on Wednesday.
 
 
 
They currently have a $28.00 price target on the stock.

 

Other equities research analysts have also recently issued reports about the stock. Analysts at S&P Equity Research downgraded shares of Tyson Foods from a “buy” rating to a “hold” rating in a research note to investors on Monday.
 
 
 
They now have a $26.00 price target on the stock. Separately, analysts at Stephens downgraded shares of Tyson Foods from an “overweight” rating to an “equal weight” rating in a research note to investors on Tuesday, February 26th. They now have a $26.00 price target on the stock, down previously from $28.00.
 
 
 
Finally, analysts at Credit Agricole upgraded shares of Tyson Foods from an “underperform” rating to a “buy” rating in a research note to investors on Monday, February 4th. They now have a $30.00 price target on the stock, up previously from $20.00.

 

Seven investment analysts have rated the stock with a buy rating, six have assigned a hold rating, and one has issued a sell rating to the company’s stock. The company has a consensus rating of “overweight” and a consensus price target of $26.64.

 

Tyson Foods traded up 1.17% on Wednesday, hitting $24.14. Tyson Foods has a 52-week low of $14.07 and a 52-week high of $24.31. The stock’s 50-day moving average is currently $23.18. The company has a market cap of $8.558 billion and a price-to-earnings ratio of 14.57.

 

Tyson Foods last posted its quarterly earnings results on Friday, February 1st. The company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.08.
 
 
 
The company had revenue of $8.40 billion for the quarter, compared to the consensus estimate of $8.61 billion. During the same quarter in the previous year, the company posted $0.42 earnings per share.
 
 
 
The company’s revenue for the quarter was up .9% on a year-over-year basis. Analysts expect that Tyson Foods will post $2.08 EPS for the current fiscal year.

 

The company also recently declared a quarterly dividend, which is scheduled for Friday, June 14th...

 

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Source: Argentine Beef Packers S.A.

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