A new trading day began on Monday, with Tyson Foods, Inc (NYSE: TSN) stock price down -0.07% from the previous day of trading, before settling in for the closing price of $58.36. TSN’s price has ranged from $45.13 to $66.88 over the past 52 weeks.
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During the last 5-year period, the sales growth of Consumer Defensive Sector giant was 5.81%. Meanwhile, its annual earnings per share averaged 115.02%. With a float of $278.77 million, this company’s outstanding shares have now reached $285.23 million.
Let’s determine the extent of company efficiency that accounts for 139000 employees. In terms of profitability, gross margin is 5.73%, operating margin of 0.87%, and the pretax margin is 0.11%.
Tyson Foods, Inc (TSN) Insider Activity
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 68.68%. The most recent insider transaction that took place on Sep 04 ’24, was worth 1,782,094. Before that another transaction happened on Aug 06 ’24, when Company’s Officer proposed sale 23,881 for $62.51, making the entire transaction worth $1,492,801.
Tyson Foods, Inc (TSN) Earnings and Forecasts
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 0.37 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.82 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 115.02% 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 0.38. Likewise, its price to free cash flow for the trailing twelve months is 19.54.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.02, a number that is poised to hit 0.71 in the next quarter and is forecasted to reach 3.50 in one year’s time.
Technical Analysis of Tyson Foods, Inc (TSN)
Looking closely at Tyson Foods, Inc (NYSE: TSN), its last 5-days average volume was 2.17 million, which is a drop from its year-to-date volume of 2.44 million. As of the previous 9 days, the stock’s Stochastic %D was 18.99%. Additionally, its Average True Range was 0.96.
During the past 100 days, Tyson Foods, Inc’s (TSN) raw stochastic average was set at 35.49%, which indicates a significant increase from 7.93% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.88% in the past 14 days, which was lower than the 20.20% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $60.73, while its 200-day Moving Average is $58.48. However, in the short run, Tyson Foods, Inc’s stock first resistance to watch stands at $58.77. Second resistance stands at $59.22. The third major resistance level sits at $59.49. If the price goes on to break the first support level at $58.05, it is likely to go to the next support level at $57.78. Should the price break the second support level, the third support level stands at $57.33.
Tyson Foods, Inc (NYSE: TSN) Key Stats
With a market capitalization of 20.26 billion, the company has a total of 355,830K Shares Outstanding. Currently, annual sales are 52,881 M while annual income is -648,000 K. The company’s previous quarter sales were 13,353 M while its latest quarter income was 191,000 K.
