Tyson Foods (NYSE:TSN) Downgraded by StockNews.com to 'Sell'

In a report published on Thursday, the rating went from 'hold' to'sell.

TSN was the subject of several other research reports. BMO Capital Markets lowered their price target for Tyson Foods in a report published on Tuesday, May 9. Credit Suisse Group reduced its price target for Tyson Foods in a report published on February 7th from $75.00 down to $58.00. The company was given a rating of 'neutral. Goldman Sachs Group, in a report published on April 20th, reduced its price target for Tyson Foods to $64.00 from $66.00. The company was given a rating of 'neutral. Bank of America reduced its price target for Tyson Foods in a report published on Tuesday, 9th May from $56.00 down to $48,00. Sanford C. Bernstein lowered their price target on Tyson Foods in a research report on Tuesday, 9th May from $75.00 down to $64.00. Three analysts have given the stock a sell recommendation, six have given a hold recommendation and one analyst has issued a purchase rating. The price of the stock fell by $0.03 at midday on Thursday to $50.61. The company's shares traded 3,327.618 times, as opposed to the average of 3,527.348. The company's debt-to equity ratio is 0.40. It has a quick ratio (0.63) and a current of 1.66. The company has a market cap of $18.00 Billion, a PE of 12.14, and a beta value of 0.75. Tyson Foods's 12 month low is $47.11 while its 12 month high is $92.32. The company has a moving average of $56.66 for the past 50 days and a moving average of $60.59 for the last two hundred days.

The company released its last quarterly earnings report on Monday, 8th May. The company reported ($0.04) in earnings per share for the quarter. This was below the consensus estimate ($0.84). Revenue for the quarter was $13.13 billion, which is lower than the consensus estimate of $14.62 billion. Tyson Foods' net margin was 2.81%, and its return on equity was 8.04%. Revenue for the third quarter increased.1% year-over-year. In the same quarter of the previous year, Tyson Foods posted $2.29 in earnings per share. Research analysts predict that Tyson Foods's EPS will be 2.21 on average for the current fiscal year.

Insider Activity at Tyson Foods

Tyson Foods EVP Johanna Soderstrom purchased 5,000 shares in a transaction that took place on Friday, May 12th. The shares were bought at an average price of $49.22 each, totaling $246,100.00. After the acquisition, the executive director now owns directly 32,847 company shares, worth approximately $1,616,729.34. Kevin M. Mcnamara, a director at Tyson Foods, bought 20,500 shares in Tyson Foods on Friday, May 12, 2012. The shares were bought at a cost of $49.92 on average per share for a total of $1,002,860.00. After the acquisition, the director owns directly 115,670 company shares, worth approximately $5,658,576.40. EVP Johanna Soderstrom also bought 5,000 shares in Tyson Foods during a Friday, May 12th transaction. Stock was purchased at an average of $49.22 a share for a transaction totaling $246,100.00. After the acquisition was completed, the executive vice-president now owns 32 847 shares of the company valued at $1 616 729.34. Insiders have acquired 37,890 company shares worth $1,849 118 in the past ninety-day period. Corporate insiders own 1.96%.

Tyson Foods Institutional Trading

Several large investors recently changed their positions on TSN. Cantor Fitzgerald Investment Advisor L.P increased its holdings of Tyson Foods during the first quarter by 94.9%. Cantor Fitzgerald Investment Advisor L.P owns now 317,286 of the company’s stock valued at $28.439,000 after buying an additional 154,507 share during the last quarter. Markel Corp increased its holdings of Tyson Foods during the first quarter by 2.1%. Markel Corp owns now 384,500 of the company’s stock valued $34,463,000. This is after buying an additional 8,000 share during the last quarter. Aviva PLC increased its Tyson Foods holdings by 25.5% in the first quarter. Aviva PLC owns 121 466 shares worth $10,887,000, after buying an additional 24,669 during the last quarter. Prudential PLC acquired a new Tyson Foods position during the first quarter, valued at approximately $747,000. Vanguard Group Inc. increased its Tyson Foods holdings by 6.4% in the first quarter. Vanguard Group Inc. owns 37.179.555 shares valued at $3.332,404,000, after buying an additional 2.239,235 during the last quarter. Institutional investors own 66.64% of stock.

Tyson Foods Company profile

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Tyson Foods, Inc produces frozen and chilled food products. The company operates in four segments: Pork, Prepared Foods, Beef. The Beef segment involves the processing of live-fed cattle, and fabrication of dressed beef carcasses to produce primal and secondary meat cuts as well as case-ready products.

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