Stocks of Tyson Foods, Inc. (NYSE:TSN) traded higher last session on Wall Street, up 0.32% to $57.25.
TSN stock price is now -3.57% away from the 50-day moving average and 6.92% away from the 200-day moving average. The market capitalization of the company currently stands at $19.98B.
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With the price target enhanced from $53 to $69, Barclays Upgraded its rating from Underweight to Overweight for Tyson Foods, Inc. (NYSE: TSN). On February 06, 2024, BofA Securities Upgraded its previous ‘Underperform’ rating to ‘Neutral’ on the stock increasing its target price from $47 to quote $62, while ‘Citigroup’ rates the stock as ‘Neutral’
In other news, White Noel W, Director sold 9,000 shares of the company’s stock on Feb 20 ’24. The stock was sold for $483,748 at an average price of $53.75. Upon completion of the transaction, the Director now directly owns 31,115 shares in the company, valued at $1.78 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 17 ’23, Group President Poultry MORRIS WES sold 9,362 shares of the business’s stock. A total of $450,406 was realized by selling the stock at an average price of $48.11. This leaves the insider owning 33,397 shares of the company worth $1.91 million. A total of 20.06% of the company’s stock is owned by insiders.
During the past 12 months, Tyson Foods, Inc. has had a low of $44.94 and a high of $62.04. As of last week, the company has a debt-to-equity ratio of 0.61, a current ratio of 1.77, and a quick ratio of 0.87. The fifty day moving average price for TSN is $59.3584 and a two-hundred day moving average price translates $53.56215 for the stock.
The latest earnings results from Tyson Foods, Inc. (NYSE: TSN) was released for 2024-03-30. The net profit margin was -1.16% and return on equity was -3.28% for TSN. The company reported revenue of $13.07 billion for the quarter, compared to $13.13 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -0.46 percent.
