Tyson Foods (TSN) Earning Somewhat Favorable Media Coverage, Study Finds

Headlines about Tyson Foods (NYSE:TSN) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Tyson Foods earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave news coverage about the company an impact score of 46.0191052984287 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Here are some of the media stories that may have effected Accern’s rankings:

A number of brokerages have weighed in on TSN. Mizuho reaffirmed a “buy” rating and set a $76.00 target price on shares of Tyson Foods in a research report on Monday, October 2nd. Barclays lifted their target price on Tyson Foods from $75.00 to $80.00 and gave the company an “overweight” rating in a research report on Monday, October 2nd. Jefferies Group lifted their target price on Tyson Foods from $75.00 to $82.00 and gave the company a “buy” rating in a research report on Tuesday, October 3rd. Zacks Investment Research raised Tyson Foods from a “hold” rating to a “strong-buy” rating and set a $82.00 target price for the company in a research report on Wednesday, October 4th. Finally, Piper Jaffray Companies began coverage on Tyson Foods in a research report on Thursday, January 4th. They set an “overweight” rating and a $94.00 target price for the company. Eight analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. Tyson Foods currently has an average rating of “Buy” and a consensus target price of $75.25.

Shares of Tyson Foods (NYSE:TSN) traded down $0.37 during trading hours on Thursday, hitting $78.88. The stock had a trading volume of 2,538,157 shares, compared to its average volume of 2,019,400. Tyson Foods has a twelve month low of $57.20 and a twelve month high of $84.65. The stock has a market cap of $28,960.00, a P/E ratio of 16.47 and a beta of 0.36. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.55 and a quick ratio of 0.75.

Tyson Foods (NYSE:TSN) last announced its quarterly earnings results on Monday, November 13th. The company reported $1.43 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.38 by $0.05. Tyson Foods had a return on equity of 19.64% and a net margin of 4.64%. The business had revenue of $10.15 billion for the quarter, compared to the consensus estimate of $9.93 billion. During the same period last year, the business posted $0.96 EPS. The business’s revenue was up 10.8% compared to the same quarter last year. sell-side analysts forecast that Tyson Foods will post 5.82 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Thursday, March 1st will be issued a $0.30 dividend. The ex-dividend date of this dividend is Wednesday, February 28th. This is an increase from Tyson Foods’s previous quarterly dividend of $0.23. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.52%. Tyson Foods’s dividend payout ratio (DPR) is currently 25.05%.

In related news, insider Scott Rouse sold 1,000 shares of the business’s stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $77.26, for a total transaction of $77,260.00. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Thomas P. Hayes sold 53,874 shares of the business’s stock in a transaction on Tuesday, December 19th. The stock was sold at an average price of $81.63, for a total value of $4,397,734.62. The disclosure for this sale can be found here. Insiders sold a total of 397,342 shares of company stock worth $32,702,254 over the last quarter. Company insiders own 2.65% of the company’s stock.

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About Tyson Foods

Tyson Foods, Inc is a food company, which is engaged in offering chicken, beef and pork, as well as prepared foods. The Company offers food products under Tyson, Jimmy Dean, Hillshire Farm, Sara Lee, Ball Park, Wright, Aidells and State Fair brands. The Company operates through four segments: Chicken, Beef, Pork and Prepared Foods.

Insider Buying and Selling by Quarter for Tyson Foods (NYSE:TSN)

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