Low Feed Costs Boost Tyson Foods Q4 Results

Excluding one-time items, the company earned $1.43 cents per share, ahead of analysts' average estimate of $1.38, according to Thomson Reuters I/B/E/S. Washington Trust Bank now owns 1,431 shares of the company's stock valued at $107,000 after buying an additional 31 shares during the period. (NYSE:TSN) to report $9.95 billion in sales for the current quarter, Zacks reports.

A number of other large investors also recently bought and sold shares of TSN. After a recent check, Tyson Foods, Inc. 100,000 shares traded per day would be a minimum for most traders and some require 1,000,000. FMR LLC lifted its stake in shares of Tyson Foods by 155.4% in the 2nd quarter. BlackRock Inc. now owns 19,191,662 shares of the company's stock valued at $1,201,973,000 after buying an additional 136,071 shares during the last quarter. Finally, James Investment Research Inc. purchased a new stake in Tyson Foods during the second quarter valued at about $188,000. Ameriprise Financial Inc. lifted its stake in shares of Tyson Foods by 12.5% in the 3rd quarter. Evercore Wealth Management LLC raised its stake in Tyson Foods by 22.2% in the second quarter. The number of shares now owned by investors are 110.67 mln. Everence Capital Mngmt has invested 0.05% in Tyson Foods, Inc. Dimensional Fund Advisors LP now owns 4,014,415 shares of the company's stock valued at $251,393,000 after buying an additional 10,832 shares during the last quarter. If you are viewing this piece of content on another domain, it was stolen and reposted in violation of US & worldwide copyright & trademark laws. The original version of this report can be viewed at https://www.dispatchtribunal.com/2017/11/13/tyson-foods-inc-tsn-position-lessened-by-teacher-retirement-system-of-texas.html. The stock was sold at an average price of $0.53, for a total value of $56,849.92. (TSN) traded up $0.32 during midday trading on Monday, reaching $74.14. The stock's price to sales ratio for trailing twelve months is 0.73 and price to book ratio for the most recent quarter is 2.73, whereas price to cash per share for the most recent quarter are 117.06. It has a 15.91 P/E ratio. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.63 and a quick ratio of 0.79.

Tyson Foods (NYSE:TSN) last posted its quarterly earnings results on Monday, November 20th.

The company's Average Earnings Estimate for the Current Fiscal quarter is $1.38, according to consensus of 12 analysts. Tyson Foods posted sales of $9.16 billion during the same quarter last year, which suggests a positive year over year growth rate of 8.6%. Tyson Foods had a net margin of 4.75% and a return on equity of 18.44%. The firm's revenue for the quarter was up 10.8% compared to the same quarter previous year.

US meat processor Tyson Foods Inc's quarterly earnings and revenue topped analysts' forecasts, as its chicken and beef businesses benefited from strong demand as well as lower costs to buy animal feed.

Several equities research analysts have recently issued reports on TSN shares.

The Springdale, Arkansas-based company's net revenue rose 10.8 percent to $10.15 billion. Zacks Investment Research lowered shares of Tyson Foods from a "buy" rating to a "hold" rating in a research report on Wednesday, August 2nd. (NYSE:TSN) has "Overweight" rating given on Monday, October 2 by Barclays Capital. Consensus earnings estimates are far from flawless, but they are watched by many investors and play an important role in measuring the appropriate valuation for a stock. Finally, Pivotal Research reissued a "sell" rating and issued a $40.00 price objective on shares of Tyson Foods in a research report on Tuesday, August 8th. Jefferies maintained the stock with "Buy" rating in Friday, June 9 report. BMO Capital Markets has "Buy" rating and $7800 target.

Tyson Foods, Inc.is a food company, which is engaged in offering chicken, beef and pork, as well as prepared foods.

Tyson brands include Jimmy Dean, Hillshire Farm, Ball Park and its namesake.

Vanessa Coleman

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