Tyson Foods (NYSE:TSN) updated its FY 2019 earnings guidance on Tuesday. The company provided EPS guidance of $5.75-6.10 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.94. Tyson Foods also updated its FY19 guidance to $5.75-6.10 EPS.

Several brokerages have issued reports on TSN. Barclays lowered their target price on shares of Tyson Foods from $80.00 to $73.00 and set a buy rating on the stock in a research note on Monday, July 30th. Pivotal Research reaffirmed a sell rating and set a $40.00 target price on shares of Tyson Foods in a research note on Tuesday. Mizuho reaffirmed a buy rating and set a $78.00 target price on shares of Tyson Foods in a research note on Wednesday. BMO Capital Markets lowered their target price on shares of Tyson Foods from $89.00 to $82.00 and set an outperform rating on the stock in a research note on Tuesday, August 7th. Finally, Stephens lowered their target price on shares of Tyson Foods to $73.00 and set an overweight rating on the stock in a research note on Monday, July 30th. They noted that the move was a valuation call. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and nine have issued a buy rating to the company. The stock presently has an average rating of Hold and a consensus target price of $74.31.

NYSE TSN opened at $58.17 on Wednesday. Tyson Foods has a 52 week low of $56.79 and a 52 week high of $84.65. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.66 and a current ratio of 1.48. The firm has a market cap of $22.55 billion, a PE ratio of 10.95, a P/E/G ratio of 0.93 and a beta of 0.17.

Tyson Foods (NYSE:TSN) last posted its quarterly earnings results on Tuesday, November 13th. The company reported $1.58 EPS for the quarter, topping the consensus estimate of $1.35 by $0.23. Tyson Foods had a return on equity of 18.84% and a net margin of 7.17%. The business had revenue of $10 billion for the quarter, compared to analyst estimates of $10.30 billion. During the same quarter in the previous year, the firm earned $1.43 EPS. The company’s quarterly revenue was down 1.4% compared to the same quarter last year. Sell-side analysts expect that Tyson Foods will post 5.92 earnings per share for the current fiscal year.

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Tyson Foods Company Profile

Tyson Foods, Inc, together with its subsidiaries, operates as a food company worldwide. It operates through four segments: Chicken, Beef, Pork, and Prepared Foods. The company raises and processes chickens into fresh, frozen, and value-added chicken products; processes live fed cattle and live market hogs; and 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.

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Earnings History and Estimates for Tyson Foods (NYSE:TSN)

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