Tyson Foods (TSN) Reaches New Lifetime High Today

Trade-Ideas LLC identified Tyson Foods (TSN) as a new lifetime high candidate
By TheStreet Wire ,

Trade-Ideas LLC identified

Tyson Foods

(

TSN

) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Tyson Foods as such a stock due to the following factors:

  • TSN has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $171.0 million.
  • TSN has traded 21,541 shares today.
  • TSN is trading at a new lifetime high.

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More details on TSN:

Tyson Foods, Inc., together with its subsidiaries, operates as a food company worldwide. It operates through four segments: Chicken, Beef, Pork, and Prepared Foods. The stock currently has a dividend yield of 0.8%. TSN has a PE ratio of 21. Currently there are 3 analysts that rate Tyson Foods a buy, no analysts rate it a sell, and 4 rate it a hold.

The average volume for Tyson Foods has been 3.5 million shares per day over the past 30 days. Tyson has a market cap of $26.3 billion and is part of the consumer goods sector and food & beverage industry. The stock has a beta of 0.23 and a short float of 5.3% with 5.97 days to cover. Shares are up 32.5% year-to-date as of the close of trading on Wednesday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Tyson Foods as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, reasonable valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel its strengths outweigh the fact that the company shows low profit margins.

Highlights from the ratings report include:

  • Powered by its strong earnings growth of 46.66% and other important driving factors, this stock has surged by 58.64% over the past year, outperforming the rise in the S&P 500 Index during the same period. Regarding the stock's future course, although almost any stock can fall in a broad market decline, TSN should continue to move higher despite the fact that it has already enjoyed a very nice gain in the past year.
  • TYSON FOODS INC has improved earnings per share by 46.7% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, TYSON FOODS INC increased its bottom line by earning $2.95 versus $2.40 in the prior year. This year, the market expects an improvement in earnings ($4.34 versus $2.95).
  • Net operating cash flow has significantly increased by 350.00% to $10.00 million when compared to the same quarter last year. In addition, TYSON FOODS INC has also vastly surpassed the industry average cash flow growth rate of -6.91%.
  • The debt-to-equity ratio is somewhat low, currently at 0.65, and is less than that of the industry average, implying that there has been a relatively successful effort in the management of debt levels. Despite the fact that TSN's debt-to-equity ratio is low, the quick ratio, which is currently 0.67, displays a potential problem in covering short-term cash needs.

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