Tyson Foods, Inc. Common Stock (NYSE:TSN):
Shareholder Class Action Filed Against Tyson Foods, Inc. – TSN.
The company is trading up by 1.22 percent from yesterday’s close.
The company announced a dividend for shareholders to be paid on Thursday the 15th of December 2016. The dividend payment will be $0.150 per share for the quarter which is $0.60 annualized. The dividend yield will be $0.87. The ex-dividend date will be on Tuesday August 30th, 2016.
Shares of the company are trading at $69.74 a tad below $72.64, the 50 day moving average and just a bit higher than the 200 day moving average of $69.43. The 50 day moving average was down $-2.90 and the 200 day average went up by +0.44%.
The company’s P/E ratio is 16.96 and market cap is 26.64B. As of the latest earnings report the EPS was $4.11 and is estimated to be $4.56 for the current year with 382,060,000 shares currently outstanding. Analysts expect next quarter’s EPS will be $1.25 and the next full year EPS is anticipated to be $4.95.
Wall Street investment firms have weighed in on the stock of late. On October 11 the company was upgraded to “Buy” from “Market Perform” in an announcement from BMO Capital. On October 10 the stock rating was upgraded from “Outperform” to “Buy” in a report from CLSA.
On October 7 the company was downgraded from “” to “Sell” and a price target of $40.00 was set in a statement from . On October 7 the stock rating was downgraded to “Sell” from “Buy” with a current price target of $40.00 by Pivotal Research.
Equity analyst Pivotal Research both downgraded the stock and lowered the price target on October 7 cutting the price target from $55.00 to $40.00 and cutting the rating from “Buy” to “Sell”. July 27 investment analysts at Jefferies left the company rating at “Buy” and raised the price target to $80.00 from $78.00.