Tyson Foods almost triples net income in strong first quarter

Tyson Foods Plan $100 Million In Bonuses For ‘Frontline’ Workers

Tyson Foods Plan $100 Million In Bonuses For ‘Frontline’ Workers

Investors Bancorp, Inc.is given 1 buy-equivalent recommendations, 0 sells and 7 holds. It improved, as 42 investors sold TSN shares while 195 reduced holdings. Advsrs Asset Mgmt reported 0.02% in Tyson Foods, Inc. Newman Dignan And Sheerar has invested 0.11% in Tyson Foods, Inc.

Hedge funds have recently added to or reduced their stakes in the stock. Iridian Asset Management LLC CT raised its position in shares of Tyson Foods by 64.4% during the third quarter. (NYSE:TSN). Comm Savings Bank owns 9,436 shares for 0.01% of their portfolio. However, to properly examine the value of a high-growth stock such as Tyson Foods, we must reflect its earnings growth into the valuation. Insiders have sold 397,342 shares of company stock worth $32,702,254 over the last three months. (NYSE:TSN). The Rhode Island-based Amica Retiree Medical Tru has invested 0.13% in Tyson Foods, Inc. The stock decreased 2.47% or $3.22 during the last trading session, reaching $127.2.

Finally, Comerica Bank increased its stake in shares of Tyson Foods by 1.1% in the 3rd quarter. On average, 14 analysts polled by Thomson Reuters expected the company to report profit per share of $1.50 for the quarter. Institutional investors and hedge funds own 71.09% of the company's stock. Operating income topped $272 million with an operating margin of 9.1 percent, down 0.6 percent from the previous year. TSN's SI was 6.02M shares in February as released by FINRA. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The disclosure for this sale can be found here. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. Tyson Foods, Inc. earnings have risen with an annualized rate of 23.4% over the last 5 years.

Looking forward, Tyson expects US production of protein to increase by 3 percent based on US Dept. of Agriculture data, with growing demand from exporting partners likely to account for most of that increase. Stephens initiated Six Flags Entertainment Corporation (NYSE:SIX) on Tuesday, April 19 with "Equal-Weight" rating. Tudor Investment Corp Et Al who had been investing in Tyson Foods Inc for a number of months, seems to be bullish on the $27.62 billion market cap company. Jefferies Group set a $85.00 price target on Tyson Foods and gave the company a "buy" rating in a research note on Monday, October 30th. Meag Munich Ergo Kapitalanlagegesellschaft MBH lifted its stake in shares of Tyson Foods by 130.5% in the 3rd quarter.

Among 12 analysts covering SPS Commerce (NASDAQ:SPSC), 7 have Buy rating, 1 Sell and 4 Hold. $72.72's average target is -0.90% below currents $73.38 stock price. With 2.49M avg volume, 2 days are for Tyson Foods Incorporated (NYSE:TSN)'s short sellers to cover TSN's short positions. (TSN) traded up $1.43 on Thursday, hitting $74.81. About 125,368 shares traded. The company reported $1.43 EPS for the quarter, topping the consensus estimate of $1.38 by $0.05. Sandy Spring Commercial Bank holds 0% or 112 shares in its portfolio. The company was maintained on Tuesday, November 22 by RBC Capital Markets. The business had revenue of $10.15 billion for the quarter, compared to analyst estimates of $9.93 billion. The First Allied Advisory Services Inc holds 35,289 shares with $2.49 million value, up from 29,513 last quarter. The firm's revenue was up 11.4% on a year-over-year basis. equities analysts predict that Tyson Foods, Inc. will post 5.82 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 15th. The ex-dividend date is Wednesday, February 28th.

Tyson Foods, Inc., together with its subsidiaries, operates as a food firm worldwide. Tyson Foods's dividend payout ratio is presently 25.05%.

ILLEGAL ACTIVITY WARNING: This news story was originally published by The Lincolnian Online and is the sole property of of The Lincolnian Online. If you are viewing this article on another site, it was copied illegally and republished in violation of United States & global copyright and trademark laws. The Company offers food products under Tyson, Jimmy Dean, Hillshire Farm, Sara Lee, Ball Park, Wright, Aidells and State Fair brands.

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