| Make foodmate.com your Homepage | Wap | Archiver
Advanced Top
Search Promotion
Search Promotion
Post New Products
Post New Products
Business Center
Business Center
 
Current Position:Home » News » Agri & Animal Products » Meat & Seafood » Topic

Stephens Upgrades Tyson Foods to Overweight (TSN)

Zoom in font  Zoom out font Published: 2013-06-13  Views: 18
Core Tip: Tyson Foods was upgraded by Stephens from an “equal weight” rating to an “overweight” rating in a research note issued on Friday.
Tyson FoodsTyson Foods traded up 0.68% on Friday, hitting $25.22. Tyson Foods has a 52-week low of $14.07 and a 52-week high of $25.86. The stock’s 50-day moving average is currently $24.81. The company has a market cap of $8.949 billion and a price-to-earnings ratio of 17.18.

Tyson Foods last announced its earnings results on Monday, May 6th. The company reported $0.36 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.45 by $0.09. The company had revenue of $8.42 billion for the quarter, compared to the consensus estimate of $8.58 billion.

During the same quarter last year, the company posted $0.44 earnings per share. Tyson Foods’s revenue was up 1.8% compared to the same quarter last year. On average, analysts predict that Tyson Foods will post $2.10 earnings per share for the current fiscal year.

Several other analysts have also recently commented on the stock. Analysts at TheStreet reiterated a “buy” rating on shares of Tyson Foods in a research note to investors on Tuesday, June 4th. Separately, analysts at Zacks downgraded shares of Tyson Foods from an “outperform” rating to a “neutral” rating in a research note to investors on Monday, June 3rd. They now have a $26.00 price target on the stock.

One research analyst has rated the stock with a sell rating, six have given a hold rating and nine have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $25.91.

The company also recently declared a quarterly dividend, which is scheduled for Friday, September 13th. Investors of record on Friday, August 30th will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.80%. The ex-dividend date of this dividend is Wednesday, August 28th.

Tyson Foods, Inc. and its subsidiaries is a meat protein companies and food production company. The Company produces, distributes and markets chicken, beefs, pork, prepared foods and related allied products.

 
 
[ News search ]  [ ]  [ Notify friends ]  [ Print ]  [ Close ]

 
 
0 in all [view all]  Related Comments

 
Hot Graphics
Hot News
Hot Topics
 
 
Powered by Global FoodMate
Message Center(0)