Let’s look at the key reasons that are pushing Tyson Foods, Inc. (TSN) to new highs

A new trading day began on Monday, with Tyson Foods, Inc. (NYSE: TSN) stock price down -2.20% from the previous day of trading, before settling in for the closing price of $61.69. TSN’s price has ranged from $44.94 to $63.90 over the past 52 weeks.

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Consumer Defensive Sector giant saw their annual sales surged by 5.84% over the last five years. Meanwhile, its annual earnings per share averaged 110.74%. With a float of $278.78 million, this company’s outstanding shares have now reached $285.23 million.

The firm has a total of 139000 workers. Let’s measure their productivity.

Tyson Foods, Inc. (TSN) Breakdown of a Key Holders of the stock

As we move forward, let’s examine how large-scale investors are investing in this stock of the Farm Products Industry. The insider ownership of Tyson Foods, Inc. is 20.08%, while institutional ownership is 71.68%. The most recent insider transaction that took place on Aug 06 ’24, was worth 1,492,801. Before that another transaction happened on Feb 20 ’24, when Company’s Director sold 9,000 for $53.75, making the entire transaction worth $483,748. This insider now owns 31,115 shares in total.

Tyson Foods, Inc. (TSN) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.96 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 110.74% per share during the next fiscal year.

Tyson Foods, Inc. (NYSE: TSN) Trading Performance Indicators

Here are Tyson Foods, Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.95. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.40. Likewise, its price to free cash flow for the trailing twelve months is 20.29.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.02, a number that is poised to hit 0.67 in the next quarter and is forecasted to reach 3.71 in one year’s time.

Technical Analysis of Tyson Foods, Inc. (TSN)

Analysing the last 5-days average volume posted by the [Tyson Foods, Inc., TSN], we can find that recorded value of 2.87 million was better than the volume posted last year of 2.59 million. As of the previous 9 days, the stock’s Stochastic %D was 31.28%. Additionally, its Average True Range was 1.21.

During the past 100 days, Tyson Foods, Inc.’s (TSN) raw stochastic average was set at 65.31%, which indicates a significant increase from 31.94% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.94% in the past 14 days, which was lower than the 20.44% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $58.06, while its 200-day Moving Average is $55.30. Now, the first resistance to watch is $61.27. This is followed by the second major resistance level at $62.22. The third major resistance level sits at $62.80. If the price goes on to break the first support level at $59.74, it is likely to go to the next support level at $59.16. Now, if the price goes above the second support level, the third support stands at $58.21.

Tyson Foods, Inc. (NYSE: TSN) Key Stats

With a market capitalization of 21.04 billion, the company has a total of 357,000K Shares Outstanding. Currently, annual sales are 52,881 M while annual income is -648,000 K. The company’s previous quarter sales were 13,072 M while its latest quarter income was 145,000 K.