Tyson Foods, Inc. Common Stock (NYSE:TSN):
Shareholder Class Action Filed Against Tyson Foods, Inc. – TSN.
The company is so far trading up by 1.22% since yesterday’s close of $68.9.
Additionally the company announced a dividend for shareholders that will be paid on Thursday the 15th of December 2016. The dividend payment will be $0.150 per share for the quarter or $0.60 on an annualized basis. The dividend yield will be $0.87. The ex-dividend date will be on Tuesday August 30th, 2016.
It is currently trading at $69.74 which is marginally under $72.64, the 50 day moving average and which is just a bit higher than the 200 day moving average of $69.43. The 50 day moving average went down by -3.99% and the 200 day average went up $0.31 or +0.44%.
The company’s P/E ratio is 16.96 and the market cap is 26.64B. In the latest earnings report the EPS was $4.11 and is projected to be $4.56 for the current year with 382,060,000 shares now outstanding. Next quarter’s EPS is estimated at $1.25 and the next full year EPS is projected to be $4.95.
Brokerage analysts have released ratings on TSN recently. On October 11 the company was upgraded to “Buy” from “Market Perform” in a statement from BMO Capital. On October 10, 2016 the stock rating was changed to a “Buy” according to a CLSA report a boost from the previous “Outperform” rating.
On October 7 the stock rating was downgraded from “” to “Sell” and a price target of $40.00 was set in a report from . On October 7 the company was downgraded from “Buy” to “Sell” with a current price target of $40.00 in an announcement from Pivotal Research.
Equity analyst Pivotal Research lowered the price target and downgraded the stock on October 7 changing the price target from $55.00 to $40.00 and changing the rating from “Buy” to “Sell”. On July 27 Jefferies maintained a company rating of “Buy” and moved up the price target from $78.00 to $80.00.