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 $174.1 million.
  • TSN has traded 47,152 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 0.9%. TSN has a PE ratio of 2. Currently there are 3 analysts that rate Tyson Foods a buy, no analysts rate it a sell, and 2 rate it a hold.

The average volume for Tyson Foods has been 4.5 million shares per day over the past 30 days. Tyson has a market cap of $24.3 billion and is part of the consumer goods sector and food & beverage industry. The stock has a beta of 0.29 and a short float of 4.8% with 5.39 days to cover. Shares are up 25.4% year-to-date as of the close of trading on Thursday.

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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, compelling growth in net income, notable return on equity and attractive valuation levels. 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 55.40% and other important driving factors, this stock has surged by 69.44% 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 reported significant earnings per share improvement 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 ($3.96 versus $2.95).
  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Food Products industry. The net income increased by 49.2% when compared to the same quarter one year prior, rising from $309.00 million to $461.00 million.
  • The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. Compared to other companies in the Food Products industry and the overall market, TYSON FOODS INC's return on equity exceeds that of both the industry average and the S&P 500.

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