Tyson Foods, Inc. (NYSE: TSN) has seen a rise in its stock price by 0.61 in relation to its previous close of 60.61. However, the company has experienced a 4.87% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-23 that Tyson Foods (TSN) closed at $60.98 in the latest trading session, marking a +0.61% move from the prior day.
Is It Worth Investing in Tyson Foods, Inc. (NYSE: TSN) Right Now?
The 36-month beta value for TSN is also noteworthy at 0.73. 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.”
The public float for TSN is 278.98M, and at present, short sellers hold a 1.73% of that float. The average trading volume of TSN on April 24, 2024 was 2.98M shares.
TSN’s Market Performance
TSN stock saw an increase of 4.87% in the past week, with a monthly gain of 5.05% and a quarterly increase of 14.28%. The volatility ratio for the week is 1.66%, and the volatility levels for the last 30 days are 1.59% for Tyson Foods, Inc. (TSN). The simple moving average for the last 20 days is 3.88% for TSN stock, with a simple moving average of 15.70% for the last 200 days.
Analysts’ Opinion of TSN
Many brokerage firms have already submitted their reports for TSN stocks, with Barclays repeating the rating for TSN by listing it as a “Overweight.” The predicted price for TSN in the upcoming period, according to Barclays is $69 based on the research report published on April 16, 2024 of the current year 2024.
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 8.61% 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 -3.63% of loss for the given period.
Volatility was left at 1.59%, however, over the last 30 days, the volatility rate increased by 1.66%, as shares surge +4.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +15.98% upper at present.
During the last 5 trading sessions, TSN rose by +4.87%, which changed the moving average for the period of 200-days by +17.81% in comparison to the 20-day moving average, which settled at $58.83. In addition, Tyson Foods, Inc. saw 13.45% 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 0.56. 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 summary, Tyson Foods, Inc. (TSN) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others 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.
