Tyson Foods, Inc. Monthly Report

Publication Date: September 22, 2024

Company Overview

Tyson Foods, Inc. (TSN), based in Springdale, Arkansas, is a leading global food company primarily engaged in the Farm Products industry within the Consumer Defensive sector. Established in 1935, Tyson Foods specializes in processing live fed cattle and hogs into a variety of meat cuts, in addition to providing value-added chicken products. The company caters to a diverse market that includes grocery retailers, food service operations, and international distributors. As a publicly traded entity, Tyson Foods maintains a solid foothold in the packaged foods and meats sector, with a remarkable total revenue of approximately $53.09 billion. Current market conditions suggest a recommendation for investors to hold their positions, with a projected high target price of $76.00 reflecting potential for capital appreciation, albeit with caution given market fluctuations and industry dynamics.

Market Performance and Investment Outlook

Tyson Foods has 285,820,992 shares outstanding; however, short interest stands at 6,102,532 shares, which is about 2.45% of the float. This relatively low short interest indicates a moderate level of investor confidence in the stock’s performance, suggesting minimal anticipated downward pressure in the near term. The stock currently trades at $60.14, below the 50-day moving average of $61.91, with analysts projecting a target mean price of $62.89 and a potential high of $76.00. The stock has shown volatility over the past year, reaching a peak of $66.88 and a low of $44.94. Analysts maintain a cautious stance with a mean score of 2.7, advocating for a “hold” strategy, highlighting the potential for growth while noting the stability of current valuations amidst an evolving market landscape.

Financial Highlights

Tyson Foods showcases strong revenue performance, with total revenues approximating $53.09 billion. Although specific EBITDA figures are not available, these revenues underscore the solid financial foundation upon which the company operates. The analyzed price targets reveal a range from a high of $76.00 down to a low of $51.00, indicating a breadth of potential market movement. Presently, the stock price suggests that it is positioned closer to its lower 52-week limits, further underlining considerations for pricing momentum and valuation. Investors are encouraged to closely monitor market conditions while holding existing investments for potential future gains.

Metric	Value
Market Cap	$21.4b
Total Debt	$11.0b
Total Cash	$2.6b
Shares Outstanding	285.8m
Float Shares	278.7m