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

Tyson Foods, Inc (NYSE: TSN) on Tuesday, plunged -2.72% from the previous trading day, before settling in for the closing price of $58.06. Within the past 52 weeks, TSN’s price has moved between $51.16 and $66.88.

During the last 5-year period, the sales growth of Consumer Defensive Sector giant was 4.81%. The company achieved an average annual earnings per share of 12.74%. With a float of $278.96 million, this company’s outstanding shares have now reached $285.86 million.

Let’s determine the extent of company efficiency that accounts for 138000 employees. In terms of profitability, gross margin is 6.83%, operating margin of 2.71%, and the pretax margin is 2.05%.

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

Observing investor behavior towards Farm Products industry stocks is more important than anything else. The insider ownership of Tyson Foods, Inc is 20.11%, while institutional ownership is 69.55%. The most recent insider transaction that took place on Nov 21 ’24, was worth 10,896,861. In this transaction Director of this company sold 171,057 shares at a rate of $63.70, taking the stock ownership to the 36,179 shares. Before that another transaction happened on Nov 21 ’24, when Company’s Chairman of the Board sold 185,394 for $63.77, making the entire transaction worth $11,822,575. This insider now owns 3,003,374 shares in total.

Tyson Foods, Inc (TSN) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.8 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 12.74% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 17.46% during the next five years compared to -16.01% drop over the previous five years of trading.

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

Tyson Foods, Inc (TSN) is currently performing well based on its current performance indicators. A quick ratio of 0.95 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.37. Likewise, its price to free cash flow for the trailing twelve months is 13.53.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.30, a number that is poised to hit 0.90 in the next quarter and is forecasted to reach 4.06 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 2.48 million, which is a jump from its year-to-date volume of 2.39 million. As of the previous 9 days, the stock’s Stochastic %D was 68.68%. Additionally, its Average True Range was 1.14.

During the past 100 days, Tyson Foods, Inc’s (TSN) raw stochastic average was set at 19.19%, which indicates a significant decrease from 54.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.94% in the past 14 days, which was higher than the 22.07% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $59.80, while its 200-day Moving Average is $59.71. However, in the short run, Tyson Foods, Inc’s stock first resistance to watch stands at $57.71. Second resistance stands at $58.95. The third major resistance level sits at $59.69. If the price goes on to break the first support level at $55.73, it is likely to go to the next support level at $54.99. Now, if the price goes above the second support level, the third support stands at $53.75.

Tyson Foods, Inc (NYSE: TSN) Key Stats

Market capitalization of the company is 19.72 billion based on 355,864K outstanding shares. Right now, sales total 53,309 M and income totals 800,000 K. The company made 13,565 M in profit during its latest quarter, and 357,000 K in sales during its previous quarter.