Tyson Foods (TSN) has been making several headlines lately with mixed performance. On one side, the company outpaced the stock market and even topped Q3 earnings expectation mainly due to significant gains in beef and pork while chicken segment fell short. An agreement to
sell the Georgia Poultry Complex seems to be a strategic move. The company’s strong value reflects its long term potential. Alternately, the stock exhibited a downward trend on some days, dropping more than the market despite market upticks. This reflects some market concerns, one of which includes being sued by
McDonald's for allegedly manipulating the beef supply chain in order to raise prices. Looking back at perishable food stocks’ earnings, a comparison made with Tyson Foods states the performance is not quite at the top.
Dividends seem to be consistant with the company issuing a $0.49 payout. Also, the company’s
quarterly results often surpass estimates leading to an increase in the stock’s value. Despite being a top value stock, the returns have significantly underperformed over the last five years as the investors are sitting on a loss of 21%.
Tyson Foods TSN News Analytics from Mon, 05 Feb 2024 08:00:00 GMT to Sat, 26 Oct 2024 16:01:05 GMT -
Rating 0
- Innovation 1
- Information 8
- Rumor -2
