Tyson Foods (TSN) Releases FY 2019 Earnings Guidance
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.
TRADEMARK VIOLATION NOTICE: This story was originally published by Daily Political and is owned by of Daily Political. If you are viewing this story on another website, it was illegally copied and republished in violation of United States & international trademark & copyright law. The original version of this story can be viewed at https://www.dailypolitical.com/2018/11/14/tyson-foods-tsn-releases-fy-2019-earnings-guidance.html.
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.
Featured Article: Stock Symbol
Receive News & Ratings for Tyson Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tyson Foods and related companies with MarketBeat.com's FREE daily email newsletter.