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 US sales. Prepared foods constituted 18% of fiscal 2024 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 4% 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 November 22, 2024, TSN stock price was flat at $63.77 with 1,485,381 million shares trading.

TSN has a beta of -0.48, meaning it tends to be less sensitive to market movements. TSN has a correlation of 0.08 to the broad based SPY ETF.

TSN has a market cap of $22.70 billion. This is considered a Large Cap stock.

Last quarter Tyson Foods reported $14 billion in Revenue and $.92 earnings per share. This beat revenue expectation by $175 million and exceeded earnings estimates by $.23.

In the last 3 years, TSN 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 has outperformed the market in the last year with a price return of +37.0% while the SPY ETF gained +32.9%. However, in the short term, TSN had mixed performance relative to the market. It has underperformed in the last 3 months, returning +1.5% vs +6.5% return in SPY. But in the last 2 weeks, TSN shares have fared better than the market returning +8.6% compared to SPY 0.0%.

TSN support price is $62.99 and resistance is $64.55 (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 shares will trade within this expected range on the day.