Tyson Foods Inc. (NYSE: TSN) has reported earnings for its third fiscal quarter (ending June 30) of $0.54 versus a loss $-1.18 for the same period a year ago. This result fell short of the consensus estimate of $0.67 by $-0.13. For the latest four quarters through June 30, E.P.S. were $-0.06 versus $0.94 for the same period a year ago — a decline of -106%.
Recent Price Action
Tyson Foods Inc. (NYSE: TSN) stock enjoyed a large increase of 2.1% on 8/5/24. The stock closed at $62.51. Moreover, this advance was accompanied by exceptionally high trading volume at 285% of normal. The stock has been strong relative to the market over the last nine months and has risen 2.5% during the last week.
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 A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Tyson Foods has a slightly positive Appreciation Score of 69 and a good Power Rating of 72, with the Highest Value Trend Rating the result.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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