Tyson Foods (NYSE:TSN) Price Target Raised to $56.00 at BMO Capital Markets

Tyson Foods (NYSE:TSN) had its target price hoisted by BMO Capital Markets from $53.00 to $56.00 in a note issued to investors on Tuesday,Benzinga reports. The firm currently has a “market perform” rating on the stock. BMO Capital Markets’ target price points to a potential upside of 3.80% from the company’s previous close.

A number of other research firms also recently commented on TSN. Bernstein Bank downgraded Tyson Foods to a “market perform” rating and decreased their price target for the stock from $74.00 to $59.00 in a research note on Wednesday, July 23rd. JPMorgan Chase & Co. started coverage on Tyson Foods in a research report on Wednesday, August 20th. They issued a “neutral” rating and a $60.00 target price for the company. Stephens lowered their price target on Tyson Foods from $61.00 to $55.00 in a report on Tuesday, July 15th. Zacks Research raised shares of Tyson Foods from a “strong sell” rating to a “hold” rating in a report on Thursday, October 30th. Finally, Bank of America lowered their target price on shares of Tyson Foods from $59.00 to $58.00 and set a “neutral” rating for the company in a research note on Wednesday, October 8th. Two research analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $60.75.

Tyson Foods Trading Up 2.4%

TSN opened at $53.95 on Tuesday. The stock has a market capitalization of $19.19 billion, a PE ratio of 24.52, a P/E/G ratio of 0.85 and a beta of 0.56. The firm’s fifty day moving average price is $53.51 and its 200 day moving average price is $54.99. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.73 and a quick ratio of 0.78. Tyson Foods has a 12-month low of $50.56 and a 12-month high of $65.95.

Tyson Foods (NYSE:TSN) last announced its quarterly earnings data on Monday, November 10th. The company reported $1.15 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.30. The company had revenue of $13.86 billion during the quarter, compared to analyst estimates of $14.08 billion. Tyson Foods had a net margin of 1.45% and a return on equity of 7.49%. The firm’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same period last year, the business earned $0.92 EPS. Tyson Foods has set its FY 2026 guidance at EPS. As a group, research analysts expect that Tyson Foods will post 3.8 EPS for the current fiscal year.

Tyson Foods declared that its board has approved a stock repurchase program on Thursday, August 7th that permits the company to buyback 43,000,000 shares. This buyback authorization permits the company to buy shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board believes its shares are undervalued.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of TSN. State of Alaska Department of Revenue grew its holdings in Tyson Foods by 70.5% during the second quarter. State of Alaska Department of Revenue now owns 57,141 shares of the company’s stock worth $3,195,000 after acquiring an additional 23,625 shares during the period. Robeco Institutional Asset Management B.V. boosted its position in shares of Tyson Foods by 66.6% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 332,578 shares of the company’s stock valued at $18,604,000 after purchasing an additional 132,947 shares in the last quarter. Y Intercept Hong Kong Ltd grew its stake in shares of Tyson Foods by 128.9% in the 2nd quarter. Y Intercept Hong Kong Ltd now owns 54,548 shares of the company’s stock worth $3,051,000 after purchasing an additional 30,713 shares during the last quarter. Tabor Asset Management LP acquired a new position in shares of Tyson Foods in the 1st quarter worth approximately $2,180,000. Finally, Public Employees Retirement System of Ohio raised its holdings in shares of Tyson Foods by 7.9% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 93,491 shares of the company’s stock worth $5,230,000 after purchasing an additional 6,875 shares in the last quarter. Institutional investors own 67.00% of the company’s stock.

Tyson Foods Company Profile

Tyson Foods, Inc, together with its subsidiaries, operates as a food company worldwide. It operates through four segments: Beef, Pork, Chicken, and Prepared Foods. The company processes live fed cattle and hogs; 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; raises and processes chickens into fresh, frozen, and value-added chicken products, including breaded chicken strips, nuggets, patties, and other ready-to-fix or fully cooked chicken parts; and supplies poultry breeding stock.