Shares of Tyson Foods, Inc. (NYSE:TSN) recorded 0.82% gain during trading session on May 15th, 2019. The script traded as low as $80.85 and last traded at $82.24. 3.42 million shares changed exchanged hands during trading, a drop of -26.06% from the 30-day average session volume of 2.71M shares. The firm had previously closed at $81.57. The company has $356.27M outstanding shares, a price-to-earnings ratio of 15.29, price-to-earnings-growth ratio of 0.72 and a beta of 0.48. The company has a RSI of 86.88, ATR of 1.55 and a volatility of 2.44% this week. TSN has a 52 week low price of $49.77 and a 52 week high price of $82.04.
Investors have identified the tech company Tyson Foods, Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around 29.30B, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Tyson Foods, Inc. (TSN) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For TSN, the company has in raw cash 360 million on their books with 4.61 billion currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 0 total, with 139 million as their total liabilities. This figure have given the company a good sense of viability under numerous contexts.
TSN were able to record 283 million as free cash flow during the recently reported quarter of the year, this saw their quarterly net cash flow reduce by 90 million. In cash movements, the company had a total of 939 million as operating cash flow.
Potential earnings growth for Tyson Foods, Inc. (TSN)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, Tyson Foods, Inc. recorded a total of 10.44 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 0.06% coming in sequential stages and their sales for the third quarter increasing by 0.02%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 9.25 billion trying to sell their products during the last quarter, with the result yielding a gross income of 1.19 billion. This allows shareholders to hold on to 356.27M with the revenue now reading 1170 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter (1.68 cents a share).
Is the stock of TSN attractive?
Having a look at the company’s valuation, the company is expected to record 6.48 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on TSN sounds very interesting.
In related news, EVP & Chief HR Officer Oleksiuk Mary sold 44,967 shares of the company’s stock in a transaction that recorded on May 8th, 2019. The sale was performed at an average price of 77.09, for a total value of 3,466,708. As the sale deal closes, the Group President Poultry Oleksiuk Mary now sold 6,300 shares of the company’s stock, valued at 486,628. Also, Group Pres Prepared Foods Grimes Sally sold 83,490 shares of the company’s stock in a deal that was recorded on March 15th, 2019. The shares were sold at an average price of 78.00 per share, with a total market value of 92,758. Following this completion of acquisition, the EVP & Chief Customer Officer now holds 2,500 shares of the company’s stock, valued at 160,550. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.20%.
4 out of 13 analysts covering the stock have rated it a Buy, while 2 have maintained a Hold recommendation on Tyson Foods, Inc. stock. 1 analysts has assigned a Sell rating on the TSN stock. The 12-month mean consensus price target for the company’s shares has been set at $82.79.