The number of shares Tyson Foods, Inc. now has in issue is 382,060,000, which have a value of 59.28 per share calculating Tyson Foods, Inc.'s market capitalisation to 22.65B United States dollars.
However, Tyson Foods reported an increase in operating income for both the quarter and the 12-month period. Also, Director Robert C. Thurber sold 4,500 shares of the stock in a transaction that occurred on Friday, August 12th. Tyson Foods sees FY2017 EPS of $4.70-$4.85, versus the consensus of $4.98. AQR Capital Management LLC now owns 6,894,555 shares of the company's stock valued at $460,487,000 after buying an additional 2,729,327 shares in the last quarter. The price to earnings ratio for the company is 25.1 with a beta of 0.66. For the next 5 years, the company is expected to grow by 18.2 percent. Tyson Foods was Upgraded by CLSA to " Buy" on Oct 10, 2016. During last trade, its maximum trading price was registered $59.93 and it's the minimum trading price was noted $57.10.
Financial History for Tyson Foods, Inc. Credit Suisse Group AG dropped their target price on shares of Tyson Foods from $72.00 to $65.00 and set a neutral rating for the company in a report on Tuesday.
Tyson Foods (NYSE:TSN) last posted its earnings results on Monday, August 8th. The company had revenue of $9.16 billion for the quarter, compared to the consensus estimate of $9.38 billion.
The consensus recommendation for Tyson Foods, Inc. 779,685 shares of the company were exchanged. The consensus rating is 2.1, suggesting the market has given up on the stock.
Tyson expects profit of $4.70 to $4.85 a share in the year ending September 2017, below analysts' average estimate of $4.98.
Despite the weak profit outlook for the coming year, Tyson announced that they intend to invest $1 billion in their efforts to improve overall production including efforts to advance their food safety, animal welfare and the company's supply chain. Worldwide includes foreign operations related to raising and processing live chickens into fresh frozen and value-added chicken products in across countries.
The Coca-Cola Company (NYSE:KO) inclined 0.02% in the last Trading session and closed at $41.37. According to a research note disclosed on April 13, 2016, analysts at Credit Agricole have lowered their rating on these shares from Buy to Outperform. The company has the Market capitalization of $595.18 Billion. The company reached its 52-Week high of $119.86 on Dec 7, 2015 and 52-Week low of $89.47 on May 12, 2016.
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Shares of Apple Inc. (NASDAQ:AAPL) for the current quarter is -1.8 percent. Current price places the company's stock 10.95% away from its 200-day simple moving average, 5.78%, away from the 50-day average and also 5.09% away from 20-day average.
Along with these its year to date performance is standing at 8.72%.
This company was Downgrade by Hilliard Lyons on 27-Oct-16 to Long-term Buy.
Historical Quarterly Earnings: Last quarter, Tyson Foods, Inc. generated almost $9.16B in sales and net income of $0.96/share.
When asked yesterday on an analyst call about his decision to step down as the company is among the defendants in a series of lawsuits alleging price collusion in the poultry industry, Smith said that it's an "excellent" time to make the transition and that it isn't related to the litigation.
On the back of solid earnings performances over the last four consecutive years, the company looks to be in a very strong cash position to support investments and cash returns for investors. The results missed Wall Street expectations.
This number represents the scoring on a scale of 1 to 5, where 1 implies a Strong Buy and 5 denotes a Strong Sell. This showed the surprise of 14.2% in the last quarter earnings.