Tyson Foods Inc. (NYSE: TSN) has reported E.P.S. of $0.41 for its second fiscal quarter (ending March 31) versus $-0.28 for the same period a year ago. This performance was $-0.32 short of the consensus estimate of $0.73. E.P.S. were $-1.78 for the latest four quarters through March 31 versus $4.21 for the same period a year ago — a decline of -142%.
Recent Price Action
On 5/6/24, Tyson Foods Inc. (NYSE: TSN) stock suffered a large decline of -5.7%, closing at $58.50. Moreover, trading volume in this decline was exceptionally high at 400% of normal. The stock has declined -3.5% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, TSN is expected to continue to be a Value Builder.
Tyson Foods has a current Value Trend Rating of B (Positive). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Tyson Foods has a slightly positive Power Rating of 67 and a slightly positive Appreciation Score of 67, triggering the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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