Tyson Foods (TSN) Declines More Than Market: Some Information for Investors

Industry Analysis - The Zacks Industry Rank measures the strength of industry groups by averaging the Zacks Rank of individual stocks within the groups, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [1] - The Food - Meat Products industry holds a Zacks Industry Rank of 13, placing it in the top 6% of all 250+ industries [12] Company Valuation - Tyson Foods (TSN) currently trades at a PEG ratio of 0 87, which is the same as the industry average [2] - The company has a Forward P/E ratio of 16 53, which is in line with the industry average [8] Stock Performance - TSN ended the recent trading session at $57 14, showing a -1 43% change from the previous day, which was less than the S&P 500's daily loss of 1 07% [4] - Prior to today's trading, shares of the meat producer had lost 10 12% over the past month, lagging the Consumer Staples sector's loss of 4 74% and the S&P 500's loss of 0 36% [11] Earnings and Revenue - TSN's full-year Zacks Consensus Estimates predict earnings of$ 3 51 per share and revenue of $54 37 billion, representing year-over-year changes of +13 23% and +1 98%, respectively [5] - The company is projected to report earnings of$ 0 78 per share in its upcoming earnings disclosure, representing year-over-year growth of 13 04%, with revenue expected to be $13 48 billion, up 1 18% from the prior-year quarter [6] Analyst Revisions and Zacks Rank - Positive estimate revisions for Tyson Foods indicate optimism about the company's business outlook [3] - The Zacks Consensus EPS estimate for Tyson Foods has moved 0 29% higher within the past month, and the company currently holds a Zacks Rank 1 (Strong Buy) [9] - Empirical research shows that revisions in estimates have a direct correlation with impending stock price performance, which is considered in the Zacks Rank model [10]