Yesterday, Tyson Foods (TSN) and fellow meat producers Pilgrim’s Pride (PPC) and Sanderson Farms (SAFM) took a hit to their stocks after news came out about an investigation over price-fixing allegations.
Demand for protein-rich food in the domestic market and increased exports have led meat producers Tyson Foods (TSN), Sanderson Farms (SAFM), and Pilgrim’s Pride (PPC) to report stellar sales growth in 2017.
As of December 22, 2017, Tyson Foods (TSN) stock was trading at a 12-month forward PE (price-to-earnings) multiple of 13.9x, which could seem attractive to investors.
Tyson Foods (TSN) is set to announce its fiscal 4Q17 results next week. Analysts expect the company’s sales to improve on a YoY (year-over-year) basis.
Tyson Foods (TSN) stock took a beating following its sluggish fiscal 2Q17 results. TSN plans to report its fiscal 3Q17 sales and earnings results on August 7.
Price movement Tyson Foods (TSN) has a market cap of $27.5 billion. It fell 1.6% to close at $74.83 per share on September 29, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were -2.5%, -0.80%, and 41.2%, respectively, on the same day. TSN is trading 0.10% below its 20-day moving average, 0.70% […]
Hormel Foods (HRL) released its fiscal 3Q16 earnings on August 18. Around 27% of analysts rate Hormel a “buy,” ~64% rate it a “hold,” and 9% rate it a “sell.”
Domtar has a market cap of $2.5 billion. It rose by 0.60% and closed at $38.45 per share on August 18. It reported 2Q16 consolidated sales of $1.27 billion.
Tyson Foods increased its Chicken segment’s normalized margin range to 9%–11%. This reflects the impact of the sustainable fundamental business improvements in the Chicken segment.
Pivotal Research Group gave Tyson Foods the highest target price of $100. The target price is now 34% higher than the closing price of $66.38 on May 5.
Tyson Foods (TSN) is set to release its fiscal 2Q16 results on May 9. Management will hold a conference call after the Market opens to discuss the results.
Sanderson Farms (SAFM) has completed its new Palestine facility in Texas and is moving toward full production. The $140 million complex was built to produce affordable, lean protein products.
After the fiscal 4Q15 earnings release, Pilgrim’s Pride’s (PPC) stock fell 6% to close at $21 on February 11 as compared to the previous day’s closing price of $22.40.
Tyson Foods Production Capacity includes facilities for each of its segments. In the Chicken segment, Tyson operates facilities for each production stage.
The Tyson Foods Prepared Food segment markets frozen and refrigerated products. It generated $3.9 billion, or ~10% of total company revenues in fiscal 2014.
Tyson Foods revenue is reported in five segments: Beef, Chicken, Pork, Processed Foods, and International. The Beef segment accounted for 43% of revenues.
Pilgrim’s Pride Corporation’s (PPC) poultry production process is vertically integrated, meaning all stages of chicken production are in full control of the company.
