|Bid||64.50 x 45100|
|Ask||70.00 x 2900|
|Day's range||67.47 - 68.50|
|52-week range||57.20 - 84.65|
|PE ratio (TTM)||8.92|
|Forward dividend & yield||1.20 (1.77%)|
|1y target est||N/A|
After Monster Beverage (MNST) announced its results on May 8, many brokerage firms reduced their target prices for the stock. After Coty (COTY) announced its results on May 9, many brokerage firms reduced their target prices for the stock. Deutsche Bank downgraded the stock to a “hold” from a “buy” and cut the price target to $13 from $21.
Tyson Foods (TSN) announced its fiscal second-quarter results on May 7 before the market opened. Its revenue increased 7.6% to $9.7 billion, but it missed the consensus estimate by 1.2%. It reported an increase in earnings to $1.27 per share compared to EPS of $1.01 in its fiscal second quarter of 2017. Its EPS missed the consensus estimate of $1.30.
Tyson Foods Inc. said Tuesday it has agreed to buy the poultry rendering and blending assets of American Proteins Inc. and Ampro Products Inc. for $850 million. Tyson expects the deal to general net sales of more than $550 million over the next 12 months, as it will enable it to recycle more animal products for feed, pet food and aquaculture and expand its animal feed ingredient business. "Rendering plays a key role in growing our business and helping us deliver on our sustainability goals," said Tyson Chief Executive Tom Hayes.
Tyson Foods, Inc. (TSN) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front
Tyson Foods (TSN) continues to witness higher freight and labor costs, which hurt most segments in second-quarter fiscal 2018.
Dining habits have changed a lot over recent decades, but are consumers ready for meat produced in a lab? “Animal fat produces the unique aroma and flavor of meat that makes our mouth water,” said Yaakov Nahmias, chief scientist at Future Meat and a professor at The Hebrew University of Jerusalem, in a statement. Don’t miss:Is a lab-grown hamburger what’s for dinner?
Tyson Foods Inc. and Cargill Inc. have expressed interest in the potential acquisition of Keystone Foods LLC, the U.S. supplier of chicken nuggets to McDonald’s Corp., according to people with direct knowledge of the matter. Marfrig Global Foods SA, Brazil’s second-largest beef producer, plans to sell Keystone and raise more than $3 billion, said the people, who asked not to be named because the discussions are private. Marfrig, which bought Keystone for $1.26 billion in 2010, declined to comment on the sale talks.
Most analysts covering Tyson Foods (TSN) stock recommend “buy.” Barring near-term headwinds, Tyson Foods is expected to benefit from strong demand for protein-rich foods in domestic and export markets, and live cattle and hog availability is expected to support volumes.
Tyson Foods’ (TSN) beef sales rose 5.6% YoY (year-over-year) to $3.7 billion in fiscal 2Q18, reflecting higher volumes (+1.8%) due to strong demand in local and international markets and cattle availability. Its average selling price improved 3.7% as demand exceeded supply.
Tyson Foods (TSN) reported lower-than-expected fiscal 2Q18 (ended March 31) results on May 7. Its 2Q18 sales and earnings missed analysts’ expectations due to softness in the pork business and margin pressure from higher labor and freight costs.
Investing.com - Wall Street opened higher on Monday as investors prepped for the last big earnings week in the first quarter reporting season and markets prepared to shift attention to the Federal Reserve’s next move in June.
Tyson Foods (TSN) Q2 results continue to gain from rising demand across Beef, Chicken and Prepared Food segments. However higher input costs weigh on performance.
The rise in freight costs had a net effect of about 14 cents per share for the quarter, with a full-year estimated impact of roughly $250 million (184.2 million pounds), up from the first-quarter estimate of $200 million, Tyson Chief Executive Tom Hayes said on a conference call. Inclement winter weather during the first quarter at times disrupted production at meatpacking plants, presenting further challenges for Tyson as well as other companies such as Smithfield Foods Inc and JBS. "We think the back half of the year looks a lot stronger and that's positive for our business," said Stewart Glendinning, Tyson Foods' chief financial officer.
It's unclear what the immediate implications of this step would be, but that in itself is part of the problem: the stock market abhors uncertainty.
Investing.com - U.S. futures pointed to a higher open on Monday as investors followed through on the strong close last week while waiting for a string of speeches from members of the Federal Reserve.
Tyson Foods (TSN) came out with second-quarter fiscal 2018 results, wherein adjusted earnings of $1.27 per share lagged the Zacks Consensus Estimate of $1.32.
Tyson said Monday it made a profit of $315 million in its second quarter, or 85 cents a share, a down from $340 million, or 92 cents a share, for the same period the year before. On an adjusted basis, Tyson said it made $1.27 a share, up from $1.01 a share. Analysts polled by Thomson Reuters were expecting adjusted earnings of $1.30 a share.
Tyson Foods Inc. shares slid 3.1% in Monday premarket trading after the company reported fiscal second-quarter earnings and sales that missed expectations. Net income for the quarter was $316 million, or 85 cents per share, down from $340 million, or 92 cents per share, for the same period last year. Tyson expects fiscal 2018 adjusted EPS of $6.55 to $6.70.
On a per-share basis, the Springdale, Arkansas-based company said it had net income of 85 cents. Earnings, adjusted for non-recurring costs, were $1.27 per share. The results missed Wall Street expectations. ...