Tyson Reaches New 52-Week High (TSN)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Tyson Foods (NYSE: TSN) hit a new 52-week high Wednesday as it is currently trading at $20.52, above its previous 52-week high of $20.50 with 641,937 shares traded as of 12:41 p.m. ET. Average volume has been 4.3 million shares over the past 30 days.

Tyson has a market cap of $5.9 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 5.4% year to date as of the close of trading on Tuesday.

Tyson Foods, Inc., together with its subsidiaries, engages in the production, distribution, and marketing of chicken, beef, pork, prepared foods, and related allied products worldwide. It operates in four segments: Chicken, Beef, Pork, and Prepared Foods. The company has a P/E ratio of 10.7, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Tyson as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, attractive valuation levels, good cash flow from operations, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Tyson Ratings Report.

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