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Tyson Foods Stock Eyes Worst Day in 2 Years
TSNTyson Foods(TSN) Schaeffers Investment Research·2025-05-05 14:56

Core Insights - Tyson Foods Inc (NYSE:TSN) experienced a 9.5% decline in stock price, trading at 54.99,despitereportingbetter−than−expectedfiscalsecond−quarterearningsdrivenbystrongchickensales,althoughprofitsdecreasedyear−over−year[1]−ThecompanyisfacingitsworstdailypercentagedropsinceMay2023,withstockpricesattheirlowestsinceJanuary2023,andtradingbelowallshort−andlong−termtrendlines[2]−Analystshavenotyetprovidedcommentaryontheresults,butthemajorityholda"hold"rating,withaconsensus12−monthpricetargetof54.99, despite reporting better-than-expected fiscal second-quarter earnings driven by strong chicken sales, although profits decreased year-over-year [1] - The company is facing its worst daily percentage drop since May 2023, with stock prices at their lowest since January 2023, and trading below all short- and long-term trendlines [2] - Analysts have not yet provided commentary on the results, but the majority hold a "hold" rating, with a consensus 12-month price target of 66.49, which is significantly above current trading levels [3] Financial Performance - Fiscal second-quarter earnings exceeded expectations, primarily due to robust chicken sales, but overall revenue fell short of estimates [1] - Profits for the quarter decreased compared to the same period last year [1] Market Activity - The stock is currently below all moving averages from 20 to 320 days, indicating a bearish trend [2] - Options trading shows a significant increase in activity, with 2,418 calls and 6,454 puts traded, which is 3.6 times the average daily options volume [2] Analyst Ratings - Seven analysts currently cover Tyson Foods, with a majority rating the stock as "hold" and only two providing a "buy" rating [3] - The consensus price target of $66.49 suggests a premium compared to the current stock price [3]