TSN Stock Summary and Trading Ideas (Tyson Foods | NYSE:TSN)

Tyson Foods is a protein-focused food producer, selling raw chicken, beef, pork, and prepared foods. Chicken and beef are its two largest segments, each comprising about one-third of U.S. sales. Prepared foods constitute roughly 20% of sales and include brands like Tyson, Jimmy Dean, Hillshire Farm, Ball Park, and Sara Lee. However, most of these are in product categories rife with competition where Tyson does not have a massive market share lead. Tyson sells some products overseas, but the international segment accounts for just 5% of total revenue. The company is an active acquirer, with more recent years' purchases focused on international and food-service markets.

Tyson Foods trades on the NYSE stock market under the symbol TSN.

As of April 19, 2024, TSN stock price climbed to $59.95 with 1,520,393 million shares trading.

TSN has a beta of 0.63, meaning it tends to be less sensitive to market movements. TSN has a correlation of 0.06 to the broad based SPY ETF.

TSN has a market cap of $21.40 billion. This is considered a Large Cap stock.

Last quarter Tyson Foods reported $13 billion in Revenue and $.69 earnings per share. This beat revenue expectation by $49 million and exceeded earnings estimates by $.28.

In the last 3 years, TSN stock traded as high as $100.72 and as low as $44.94.

The top ETF exchange traded funds that TSN belongs to (by Net Assets): VTI, VOO, VO, SPY, IVV.

TSN stock has underperformed the market in the last year with a return of +1.7%, while SPY returned +21.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in TSN shares. However, TSN has outperformed the market in the last 3 month and 2 week periods, returning +12.8% and +0.8%, while SPY returned +4.3% and -3.5%, respectively. This indicates TSN has been having a stronger performance recently.

TSN support price is $58.17 and resistance is $59.57 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TSN stock will trade within this expected range on the day.