Brokerages Set Tyson Foods, Inc. (NYSE:TSN) Target Price at $60.75

Tyson Foods, Inc. (NYSE:TSN) has earned a consensus rating of “Hold” from the seventeen ratings firms that are presently covering the company, Marketbeat.com reports. Fifteen equities research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $60.75.

Several equities analysts recently issued reports on the company. Santander started coverage on Tyson Foods in a research note on Thursday, September 25th. They set a “neutral” rating on the stock. BMO Capital Markets boosted their price objective on Tyson Foods from $53.00 to $56.00 and gave the company a “market perform” rating in a research report on Tuesday, November 11th. Sanford C. Bernstein cut Tyson Foods from an “outperform” rating to a “market perform” rating and reduced their target price for the stock from $74.00 to $59.00 in a research report on Wednesday, July 23rd. Weiss Ratings reiterated a “hold (c-)” rating on shares of Tyson Foods in a research note on Monday. Finally, Zacks Research upgraded shares of Tyson Foods from a “strong sell” rating to a “hold” rating in a research note on Thursday, October 30th.

Tyson Foods Price Performance

NYSE:TSN opened at $53.73 on Wednesday. The stock has a market cap of $19.12 billion, a P/E ratio of 24.42, a PEG ratio of 0.85 and a beta of 0.56. Tyson Foods has a one year low of $50.56 and a one year high of $64.72. The company has a fifty day moving average price of $53.26 and a 200 day moving average price of $54.72. 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 (NYSE:TSN) last posted its quarterly earnings results on Monday, November 10th. The company reported $1.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.85 by $0.30. The company had revenue of $13.86 billion for 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 business’s quarterly revenue was up 2.2% on a year-over-year basis. During the same period last year, the business posted $0.92 EPS. Tyson Foods has set its FY 2026 guidance at EPS. Analysts anticipate that Tyson Foods will post 3.8 earnings per share for the current year.

Tyson Foods Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 27th will be given a $0.51 dividend. This represents a $2.04 annualized dividend and a yield of 3.8%. This is a boost from Tyson Foods’s previous quarterly dividend of $0.50. The ex-dividend date of this dividend is Friday, February 27th. Tyson Foods’s dividend payout ratio (DPR) is currently 153.38%.

Tyson Foods declared that its Board of Directors has approved a share repurchase program on Thursday, August 7th that allows the company to buyback 43,000,000 shares. This buyback authorization allows the company to buy shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

Institutional Investors Weigh In On Tyson Foods

Several large investors have recently modified their holdings of TSN. Harbor Capital Advisors Inc. boosted its stake in Tyson Foods by 93.1% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 473 shares of the company’s stock valued at $26,000 after buying an additional 228 shares in the last quarter. Zions Bancorporation National Association UT bought a new position in shares of Tyson Foods during the first quarter valued at $28,000. Root Financial Partners LLC acquired a new stake in shares of Tyson Foods in the 3rd quarter valued at $28,000. NewSquare Capital LLC grew its holdings in shares of Tyson Foods by 175.3% in the 2nd quarter. NewSquare Capital LLC now owns 512 shares of the company’s stock worth $29,000 after purchasing an additional 326 shares during the last quarter. Finally, Matrix Trust Co grew its holdings in shares of Tyson Foods by 28,200.0% in the 2nd quarter. Matrix Trust Co now owns 566 shares of the company’s stock worth $32,000 after purchasing an additional 564 shares during the last quarter. 67.00% of the stock is currently owned by institutional investors.

About Tyson Foods

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.