Tyson Foods (TSN) Scheduled to Post Earnings on Tuesday

Tyson Foods (NYSE:TSN) is set to post its quarterly earnings results before the market opens on Tuesday, November 12th. Analysts expect Tyson Foods to post earnings of $0.64 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Tyson Foods (NYSE:TSN) last released its quarterly earnings data on Monday, August 5th. The company reported $0.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.65 by $0.22. Tyson Foods had a positive return on equity of 4.97% and a negative net margin of 0.01%. The company had revenue of $13.35 billion during the quarter, compared to analysts’ expectations of $13.21 billion. During the same period last year, the firm posted $0.15 earnings per share. The business’s revenue was up 1.6% on a year-over-year basis. On average, analysts expect Tyson Foods to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Tyson Foods Stock Performance

TSN opened at $58.32 on Tuesday. Tyson Foods has a 12-month low of $45.13 and a 12-month high of $66.88. The stock has a market cap of $20.75 billion, a price-to-earnings ratio of -972.00, a PEG ratio of 0.38 and a beta of 0.78. The business has a 50 day moving average of $60.73 and a 200-day moving average of $59.71. The company has a quick ratio of 0.95, a current ratio of 1.82 and a debt-to-equity ratio of 0.53.

Tyson Foods Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 29th will be paid a dividend of $0.49 per share. The ex-dividend date is Friday, November 29th. This represents a $1.96 dividend on an annualized basis and a dividend yield of 3.36%. Tyson Foods’s dividend payout ratio (DPR) is currently -3,266.67%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the company. Bank of America lowered their price objective on Tyson Foods from $65.00 to $62.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 15th. Citigroup lowered their price objective on Tyson Foods from $63.00 to $60.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 9th. Stephens initiated coverage on Tyson Foods in a research note on Thursday, October 3rd. They issued an “equal weight” rating and a $57.00 price target on the stock. JPMorgan Chase & Co. lifted their price target on Tyson Foods from $61.00 to $63.00 and gave the company a “neutral” rating in a research note on Tuesday, August 6th. Finally, StockNews.com raised Tyson Foods from a “hold” rating to a “buy” rating in a report on Tuesday, August 6th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, Tyson Foods currently has an average rating of “Hold” and a consensus target price of $59.22.

Tyson Foods Company Profile

Tyson Foods, Inc, together with its subsidiaries, operates as a food company worldwide. It operates through four segments: Beef, Pork, Chicken, and Prepared Foods. The company processes live fed cattle and hogs; fabricates dressed beef and pork carcasses into primal and sub-primal meat cuts, as well as case ready beef and pork, and fully cooked meats; raises and processes chickens into fresh, frozen, and value-added chicken products, including breaded chicken strips, nuggets, patties, and other ready-to-fix or fully cooked chicken parts; and supplies poultry breeding stock.