Moreover, the 36-month beta value for TSN is 0.75. Analysts have varying opinions on the stock, with 7 analysts rating it as a “buy,” 4 as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for TSN is 278.98M and currently, short sellers hold a 1.73% of that float. On April 16, 2024, TSN’s average trading volume was 2.99M shares.
TSN) stock’s latest price update
Tyson Foods, Inc. (NYSE: TSN)’s stock price has gone rise by 0.33 in comparison to its previous close of 58.12, however, the company has experienced a -1.85% decrease in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-15 that Tyson Foods (TSN) closed at $58.12 in the latest trading session, marking a +0.59% move from the prior day.
TSN’s Market Performance
Tyson Foods, Inc. (TSN) has experienced a -1.85% fall in stock performance for the past week, with a 3.85% rise in the past month, and a 6.74% rise in the past quarter. The volatility ratio for the week is 1.84%, and the volatility levels for the past 30 days are at 1.63% for TSN. The simple moving average for the past 20 days is 0.11% for TSN’s stock, with a 11.04% simple moving average for the past 200 days.
Analysts’ Opinion of TSN
BofA Securities, on the other hand, stated in their research note that they expect to see TSN reach a price target of $62, previously predicting the price at $47. The rating they have provided for TSN stocks is “Neutral” according to the report published on February 06th, 2024.
Citigroup gave a rating of “Neutral” to TSN, setting the target price at $56 in the report published on February 01st of the current year.
TSN Trading at 4.57% 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 -7.85% of loss for the given period.
Volatility was left at 1.63%, however, over the last 30 days, the volatility rate increased by 1.84%, as shares surge +4.37% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.87% upper at present.
During the last 5 trading sessions, TSN fell by -1.46%, which changed the moving average for the period of 200-days by +15.49% in comparison to the 20-day moving average, which settled at $58.37. In addition, Tyson Foods, Inc. saw 8.48% 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
To wrap up, the performance of Tyson Foods, Inc. (TSN) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
