$1.39 EPS Expected for Tyson Foods, Inc. (TSN) This Quarter

Equities research analysts expect Tyson Foods, Inc. (NYSE:TSN) to post earnings of $1.39 per share for the current quarter, Zacks reports. Three analysts have made estimates for Tyson Foods’ earnings, with the highest EPS estimate coming in at $1.53 and the lowest estimate coming in at $1.24. Tyson Foods reported earnings of $1.01 per share in the same quarter last year, which would suggest a positive year-over-year growth rate of 37.6%. The business is expected to announce its next earnings results on Monday, May 14th.

According to Zacks, analysts expect that Tyson Foods will report full-year earnings of $5.96 per share for the current financial year, with EPS estimates ranging from $5.76 to $6.65. For the next financial year, analysts forecast that the firm will report earnings of $6.26 per share, with EPS estimates ranging from $5.78 to $6.86. Zacks’ earnings per share calculations are an average based on a survey of analysts that follow Tyson Foods.

Tyson Foods (NYSE:TSN) last posted its earnings results on Thursday, February 8th. The company reported $1.81 EPS for the quarter, beating analysts’ consensus estimates of $1.51 by $0.30. The business had revenue of $10.23 billion for the quarter, compared to the consensus estimate of $9.88 billion. Tyson Foods had a net margin of 7.15% and a return on equity of 19.25%. The company’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same quarter last year, the firm posted $1.59 EPS.

A number of research firms have commented on TSN. Credit Suisse Group set a $78.00 target price on shares of Tyson Foods and gave the company a “hold” rating in a research report on Friday. Piper Jaffray Companies set a $92.00 price target on shares of Tyson Foods and gave the company a “buy” rating in a report on Friday. Mizuho set a $92.00 price target on shares of Tyson Foods and gave the company a “buy” rating in a report on Friday. Jefferies Group restated a “buy” rating on shares of Tyson Foods in a report on Thursday. Finally, Zacks Investment Research cut shares of Tyson Foods from a “buy” rating to a “hold” rating in a report on Wednesday, January 31st. Eight equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $76.67.

In related news, insider Noel W. White sold 24,575 shares of Tyson Foods stock in a transaction that occurred on Friday, December 22nd. The shares were sold at an average price of $80.96, for a total value of $1,989,592.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, General Counsel Bebber David L. Van sold 164,348 shares of Tyson Foods stock in a transaction that occurred on Wednesday, December 6th. The stock was sold at an average price of $83.26, for a total transaction of $13,683,614.48. The disclosure for this sale can be found here. Insiders sold a total of 397,342 shares of company stock valued at $32,702,254 over the last quarter. 2.65% of the stock is owned by company insiders.

Hedge funds have recently added to or reduced their stakes in the stock. Sentry Investment Management LLC lifted its stake in Tyson Foods by 1.0% during the 2nd quarter. Sentry Investment Management LLC now owns 22,219 shares of the company’s stock valued at $1,392,000 after acquiring an additional 229 shares during the period. Raymond James Financial Services Advisors Inc. lifted its stake in Tyson Foods by 4.7% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 15,919 shares of the company’s stock valued at $1,122,000 after acquiring an additional 715 shares during the period. Amalgamated Bank lifted its stake in Tyson Foods by 2.4% during the 3rd quarter. Amalgamated Bank now owns 32,144 shares of the company’s stock valued at $2,265,000 after acquiring an additional 750 shares during the period. Sumitomo Mitsui Financial Group Inc. lifted its stake in Tyson Foods by 7.2% during the 3rd quarter. Sumitomo Mitsui Financial Group Inc. now owns 11,255 shares of the company’s stock valued at $793,000 after acquiring an additional 757 shares during the period. Finally, Comerica Bank lifted its stake in Tyson Foods by 1.1% during the 3rd quarter. Comerica Bank now owns 68,203 shares of the company’s stock valued at $4,874,000 after acquiring an additional 759 shares during the period. Institutional investors own 71.09% of the company’s stock.

Tyson Foods (NYSE:TSN) traded up $0.95 during midday trading on Thursday, reaching $74.87. 3,666,475 shares of the company’s stock were exchanged, compared to its average volume of 2,200,000. The company has a quick ratio of 0.75, a current ratio of 1.51 and a debt-to-equity ratio of 0.74. The stock has a market cap of $27,500.00, a P/E ratio of 9.77 and a beta of 0.17. Tyson Foods has a 1-year low of $57.20 and a 1-year high of $84.65.

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Thursday, March 1st will be paid a $0.30 dividend. The ex-dividend date is Wednesday, February 28th. This is a boost from Tyson Foods’s previous quarterly dividend of $0.23. This represents a $1.20 dividend on an annualized basis and a yield of 1.60%. Tyson Foods’s dividend payout ratio (DPR) is 15.67%.

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About Tyson Foods

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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