Tyson Foods, Inc. (NYSE: TSN)’s stock price has plunge by 1.10relation to previous closing price of 58.17. Nevertheless, the company has seen a 1.92% surge in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-03-27 that The latest trading day saw Tyson Foods (TSN) settling at $58.81, representing a +1.1% change from its previous close.
Is It Worth Investing in Tyson Foods, Inc. (NYSE: TSN) Right Now?
Additionally, the 36-month beta value for TSN is 0.76. There are mixed opinions on the stock, with 7 analysts rating it as a “buy,” 4 rating it as “overweight,” 5 rating it as “hold,” and 0 rating it as “sell.”
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The public float for TSN is 278.98M and currently, short sellers hold a 2.21% ratio of that float. The average trading volume of TSN on March 28, 2024 was 3.00M shares.
TSN’s Market Performance
TSN’s stock has seen a 1.92% increase for the week, with a 8.65% rise in the past month and a 12.17% gain in the past quarter. The volatility ratio for the week is 1.20%, and the volatility levels for the past 30 days are at 1.65% for Tyson Foods, Inc. The simple moving average for the past 20 days is 5.73% for TSN’s stock, with a 13.17% simple moving average for the past 200 days.
Analysts’ Opinion of TSN
Many brokerage firms have already submitted their reports for TSN stocks, with BofA Securities repeating the rating for TSN by listing it as a “Neutral.” The predicted price for TSN in the upcoming period, according to BofA Securities is $62 based on the research report published on February 06, 2024 of the current year 2024.
Citigroup, on the other hand, stated in their research note that they expect to see TSN reach a price target of $56. The rating they have provided for TSN stocks is “Neutral” according to the report published on February 01st, 2024.
HSBC Securities gave a rating of “Reduce” to TSN, setting the target price at $49 in the report published on September 22nd of the previous year.
TSN Trading at 7.64% from the 50-Day Moving Average
After a stumble in the market that brought TSN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.06% of loss for the given period.
Volatility was left at 1.65%, however, over the last 30 days, the volatility rate increased by 1.20%, as shares surge +9.13% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.65% upper at present.
During the last 5 trading sessions, TSN rose by +1.92%, which changed the moving average for the period of 200-days by +16.76% in comparison to the 20-day moving average, which settled at $55.87. In addition, Tyson Foods, Inc. saw 9.41% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TSN starting from White Noel W, who sale 9,000 shares at the price of $53.75 back on Feb 20 ’24. After this action, White Noel W now owns 31,115 shares of Tyson Foods, Inc., valued at $483,748 using the latest closing price.
MORRIS WES, the Group President Poultry of Tyson Foods, Inc., sale 9,362 shares at $48.11 during a trade that took place back on Nov 17 ’23, which means that MORRIS WES is holding 33,397 shares at $450,406 based on the most recent closing price.
Stock Fundamentals for TSN
Current profitability levels for the company are sitting at:
- -0.01 for the present operating margin
- 0.05 for the gross margin
The net margin for Tyson Foods, Inc. stands at -0.02. The total capital return value is set at -0.02. Equity return is now at value -4.54, with -2.33 for asset returns.
Based on Tyson Foods, Inc. (TSN), the company’s capital structure generated 0.35 points at debt to capital in total, while cash flow to debt ratio is standing at 0.24. The debt to equity ratio resting at 0.53. The interest coverage ratio of the stock is -1.56.
Currently, EBITDA for the company is 1.8 billion with net debt to EBITDA at 5.07. When we switch over and look at the enterprise to sales, we see a ratio of 0.54. The receivables turnover for the company is 23.39for trailing twelve months and the total asset turnover is 1.44. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.49.
Conclusion
In conclusion, Tyson Foods, Inc. (TSN) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
