Tyson Foods Cl A Stock Rises Thursday, Yet Underperforms Market
December 23, 2023
🌥️Trending News
Thursday saw Tyson Foods ($NYSE:TSN) Inc. Cl A stock rise, however it did not outperform the market. Tyson Foods Inc. is an American multinational corporation that specializes in processed foods such as chicken, beef, and pork. It is one of the largest companies in the food industry and is traded publicly on the New York Stock Exchange. Despite the small rise, investors remain optimistic about Tyson’s potential for growth in the near future.
Share Price
Thursday was another successful day in the market for Tyson Foods Inc. Cl A stock, as it rose by 0.5%, opening at $51.7 and closing at $51.9. This rise is likely due to increased demand as the pandemic has increased the need for frozen and packaged foods, which Tyson specializes in. Despite this, the stock has seen an overall positive trend since the pandemic began, which could be a sign of continued success in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Tyson Foods. More…
| Total Revenues | Net Income | Net Margin |
| 52.88k | -648 | 0.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Tyson Foods. More…
| Operations | Investing | Financing |
| 1.75k | -2.3k | 88 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Tyson Foods. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 36.25k | 18k | 51.04 |
Key Ratios Snapshot
Some of the financial key ratios for Tyson Foods are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 7.0% | -50.1% | -0.6% |
| FCF Margin | ROE | ROA |
| -0.4% | -1.1% | -0.6% |
Analysis
GoodWhale conducted an analysis of TYSON FOODS‘ fundamentals to identify what type of investors may be interested in the company. According to our Star Chart, TYSON FOODS is classified as a ‘cow’, indicating it is a company with a track record of paying out consistent and sustainable dividends. Moreover, TYSON FOODS has a high health score of 7/10, which considers both cashflows and debt. This strong financial health indicates TYSON FOODS is capable of sustaining future operations in times of crisis. Additionally, when looking at the fundamentals of TYSON FOODS, we conclude it is strong in assets and dividend but medium in profitability and weak in growth. More…
Peers
The competition in the packaged food industry is fierce, with Tyson Foods Inc, General Mills Inc, Hormel Foods Corp, and Kellogg Co all vying for a share of the market. Each company has its own strengths and weaknesses, and it is up to the consumer to decide which brand they want to purchase.
– General Mills Inc ($NYSE:GIS)
General Mills is an American multinational manufacturer and marketer of branded consumer foods sold through retail stores. It is headquartered in Golden Valley, Minnesota, a suburb of Minneapolis. The company markets many well-known North American brands, such as Gold Medal flour, Annie’s Homegrown, Betty Crocker, Yoplait, Colombo, Totino’s, Pillsbury, Old El Paso, Häagen-Dazs, Cheerios, Trix, Cocoa Puffs, and Lucky Charms.
– Hormel Foods Corp ($NYSE:HRL)
Hormel Foods Corporation is an American food company based in Austin, Minnesota. The company was founded as George A. Hormel & Company in 1891 by George A. Hormel. The company is listed on the New York Stock Exchange and is a member of the S&P 500 index. The company operates in more than 40 countries and markets to more than 80 countries.
– Kellogg Co ($NYSE:K)
Kellogg Co is a food manufacturing company that produces cereal, snacks, and other packaged foods. The company has a market cap of 25.03B as of 2022 and a Return on Equity of 33.71%. Kellogg Co’s products are sold in more than 180 countries and its brands include Kellogg’s, Keebler, Pop-Tarts, and Eggo.
Summary
Tyson Foods Inc. Cl A stock rose Thursday, but still lagged behind the overall market. Analysts believe that Tyson has potential to turn around, as their diversified product portfolio and strong market presence provides a foundation for long-term growth. Investors will likely look to the company’s upcoming earnings report for further indications of progress. In the short term, Tyson’s focus on increasing efficiency and reducing costs could lead to a boost in profits in the coming quarters.
Additionally, Tyson’s global reach and significant investments in research and development could lead to new products and revenue streams. Overall, investors should consider Tyson as a stock that has potential to outperform the market over the long run.
Related Posts
Recent Posts
