オプションチェーンは、Tyson Foodsの株式オプションの主要データを様々な行使価格と満期日で表示します。トレーダーはこの情報を使用して、潜在的な取引を分析し、Tyson Foodsの市場センチメントを評価します。.

Tyson Foods (NYSE:TSN) 株価情報, オプションチェーン

Tyson Foods

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 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 Inc

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<h3>Gainers</h3>
<ul>
<li>Farmmi (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FAMI#NASDAQ">FAMI</a>) stock moved upwards by 147.6% to $0.78 during Tuesday's after-market session. The market value of their outstanding shares is at $8.3 million. </li>
<li>Australian Oilseeds Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COOT#NASDAQ">COOT</a>) stock increased by 28.04% to $1.05. The market value of their outstanding shares is at $24.3 million. </li>
<li>Blue Star Foods (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BSFC#NASDAQ">BSFC</a>) shares moved upwards by 4.01% to $0.62. The company's market cap stands at $1.5 million. </li>
<li>Reborn Coffee (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REBN#NASDAQ">REBN</a>) shares rose 3.99% to $2.34. The market value of their outstanding shares is at $9.3 million. </li>
<li>Olaplex Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OLPX#NASDAQ">OLPX</a>) stock moved upwards by 3.82% to $2.11. The company's market cap stands at $1.3 billion. </li>
<li>Flora Growth (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLGC#NASDAQ">FLGC</a>) stock increased by 3.22% to $1.6. The market value of their outstanding shares is at $21.3 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Chanson International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHSN#NASDAQ">CHSN</a>) shares decreased by 8.2% to $11.0 during Tuesday's after-market session. The market value of their outstanding shares is at $235.4 million. </li>
<li>Tyson Foods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSN#NYSE">TSN</a>) shares declined by 4.76% to $56.09. The market value of their outstanding shares is at $19.9 billion. </li>
<li>Maison Solutions (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSS#NASDAQ">MSS</a>) stock declined by 4.54% to $1.05. The company's market cap stands at $20.6 million. </li>
<li>Real Good Food Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGF#NASDAQ">RGF</a>) shares fell 4.38% to $0.35. The market value of their outstanding shares is at $6.8 million. </li>
<li>Top Wealth Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TWG#NASDAQ">TWG</a>) stock declined by 3.36% to $9.5. The company's market cap stands at $532.0 million. </li>
<li>Upexi (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPXI#NASDAQ">UPXI</a>) shares decreased by 2.68% to $4.0. The market value of their outstanding shares is at $4.1 million. 
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</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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B of A Securities analyst Bryan Spillane maintains Tyson Foods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSN#NYSE">TSN</a>) with a Neutral and lowers the price target from $65 to $62.

News

Price Target

Analyst Ratings

B of A Securities Maintains Neutral on Tyson Foods, Lowers Price Target to $62

Citigroup analyst Thomas Palmer maintains Tyson Foods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSN#NYSE">TSN</a>) with a Neutral and lowers the price target from $63 to $60.

Citigroup Maintains Neutral on Tyson Foods, Lowers Price Target to $60

<a href="https://www.cnbc.com/2024/10/07/mcdonalds-sues-major-beef-producers-in-us-price-fixing-lawsuit.html" title="https://www.cnbc.com/2024/10/07/mcdonalds-sues-major-beef-producers-in-us-price-fixing-lawsuit.html">https://www.cnbc.com/2024/10/07/mcdonalds-sues-major-beef-producers-in-us-price-fixing-lawsuit.html</a>
&nbsp;
<a href="https://www.cnbc.com/quotes/MCD/">McDonald's</a> has sued <a href="https://www.cnbc.com/quotes/JBSAY/">JBS</a>, <a href="https://www.cnbc.com/quotes/TSN/">Tyson Foods</a> and other leading meat processing and packing companies for allegedly conspiring for years to limit beef supplies, boosting their profits while causing the fast food giant to pay artificially higher prices.
McDonald's said in a&nbsp;<a href="https://fingfx.thomsonreuters.com/gfx/legaldocs/jnvwjeeakpw/McDonald's%20v%20Cargill%20-%20EDNY%20-%2020241004.pdf">lawsuit</a> filed on Friday in Brooklyn federal court that the meatpackers, also including Cargill and National Beef Packing, collectively reduced their output to drive up industry prices since 2015.
&nbsp;
The lawsuit is the latest to accuse the world's largest meatpackers of violating U.S. antitrust law by coordinating on the price they paid for cattle and on slaughter volumes.
"Only colluding meatpackers would expect to benefit by reducing their prices and purchases of slaughtered cattle because they would know that their conspiracy would shield them from the dynamics of a competitive marketplace," McDonald's said in its lawsuit.
JBS, Tyson, Cargill and National Beef did not immediately respond to requests for comment on the lawsuit on Monday. McDonald's had no immediate comment.
The meat producers have denied any wrongdoing in related cases that have been consolidated in Minnesota federal court. The plaintiffs in those cases include <a href="https://www.cnbc.com/quotes/BJ/">BJ's Wholesale</a>, <a href="https://www.cnbc.com/quotes/SW-FR/">Sodexo</a>, <a href="https://www.cnbc.com/quotes/TGT/">Target</a> and Aldi.
The beef meatpackers also face lawsuits from U.S. consumers, cattle producers and others that are seeking class-action status and monetary damages in the Minnesota litigation.
&nbsp;
Cattle producers who said they sold animals directly to the meatpackers for slaughter said they lost billions in the alleged scheme, court records show.
McDonald's has 13,000 branded restaurants in the United States, part of its 39,000 restaurant global footprint in more than 100 countries.
McDonald's said it was seeking unspecified monetary damages and a court to order an end to the alleged price-fixing conspiracy.
U.S. District John Tunheim in Minneapolis is overseeing the coordinated beef antitrust legal proceedings.
In the first settlement, JBS said in 2022 it would pay $52.5 million to resolve some of the purchasers' class action claims.
The case is McDonald's Corp v. Cargill et al, U.S. District Court, Eastern District of New York, No. 1:24-cv-07017-TAM.
For McDonald's: Philip Iovieno Nicholas and Gravante Jr of Cadwalader, Wickersham &amp; Taft.
For defendants: No appearances yet.

Legal

Reported October 7, 2024, 'McDonald's Sues Major Beef Producers In U.S. Price-fixing Lawsuit' - CNBC

Tyson Foods's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSN#NYSE">TSN</a>) short percent of float has fallen 19.59% since its last report. The company recently reported that it has 4.91 million shares sold short, which is 1.97% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.04 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Tyson Foods Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728325819_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Tyson Foods has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Tyson Foods's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Tyson Foods's peer group average for short interest as a percentage of float is 4.57%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Trading Ideas

Peering Into Tyson Foods's Recent Short Interest

With a looming dockworkers' strike on the East and Gulf Coasts set to begin Oct. 1, major companies like Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), and Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) are bracing <a href="https://www.benzinga.com/news/24/09/40906726/us-port-strike-in-october-could-lead-to-major-supply-chain-disruptions-says-container-trade-expert">for substantial disruptions</a>.
The strike, led by the International Longshoremen&#8217;s Association, could shut down 36 ports from Maine to Texas, potentially halting half of the goods entering and leaving the U.S.
<h2 class="wp-block-heading">Retail &amp; Tech Sectors At Risk</h2>
Retail giants like Amazon and Apple are particularly vulnerable. They rely heavily on East Coast ports to bring in consumer electronics and inventory. Delays could hit these companies with the holiday shopping season around the corner.
Amazon's ability to meet demand for everything from household goods to electronics may suffer, while Apple risks product shortages on key items like the iPhone 15, iPhone 16 and MacBooks, all critical to its revenue in the fourth quarter.
Read Also: <a href="https://www.benzinga.com//node/41059881">Costco Gears Up For Potential US Port Strikes As CEO Stresses Proactive Steps: America Could &#8216;Get Holiday Goods In Ahead Of This Time Frame&#8217;</a>
<h2 class="wp-block-heading">Automotive Sector May Feel The Pinch</h2>
Tesla could also face a significant blow as it sources essential components globally. The Ports of New York/New Jersey are critical for Tesla's supply chain, and any prolonged shutdowns could delay deliveries and increase manufacturing costs. Other automakers, like Ford Motor Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) and General Motors (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>), could also struggle with supply bottlenecks for parts, further squeezing a sector already battling rising costs.
<h2 class="wp-block-heading">Inflation Pressures Could Rise</h2>
The Toy Association has expressed concerns that 60% of toy sales occur in the fourth quarter, and major toy companies like Mattel Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAT#NASDAQ">MAT</a>) and Hasbro Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAS#NASDAQ">HAS</a>) could face inventory shortages, driving up prices.
Agriculture and food companies reliant on East Coast ports, such as Tyson Foods Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSN#NYSE">TSN</a>), may also face delays in getting goods to market, worsening consumer inflation.
Business leaders and investors are watching closely, as a prolonged strike could have far-reaching consequences on multiple sectors, potentially pushing inflation higher and slowing economic growth.
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Photo: Wayne Via/Shutterstock.com

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Tyson Foods shares are trading lower after Piper Sandler downgraded the stock from Neutral to Underweight and lowered its price target from $57 to $50.

Piper Sandler analyst Michael Lavery downgrades Tyson Foods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSN#NYSE">TSN</a>) from Neutral to Underweight and lowers the price target from $57 to $50.

Downgrades

Piper Sandler Downgrades Tyson Foods to Underweight, Lowers Price Target to $50

Tyson Foods's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSN#NYSE">TSN</a>) short percent of float has risen 44.97% since its last report. The company recently reported that it has 6.10 million shares sold short, which is 2.45% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.79 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Tyson Foods Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726598717_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Tyson Foods has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Tyson Foods's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Tyson Foods's peer group average for short interest as a percentage of float is 4.50%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Looking Into Tyson Foods's Recent Short Interest

These ten large-cap stocks were the worst performers in the last week. Are they in your portfolio?
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<li>Rentokil Initial plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTO#NYSE">RTO</a>) shares plummeted 19.65% after the company revised the guidance <a href="https://www.benzinga.com//node/40814655" target="_blank" rel="noreferrer noopener">for the second half of FY24</a>.</li>
<li>Ally Financial Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALLY#NYSE">ALLY</a>) stock dived 17.31% after the company&#8217;s CFO noted intensifying credit challenges among <a href="https://www.benzinga.com//node/40800069" target="_blank" rel="noreferrer noopener">borrowers at a conference</a>. Several analysts cut the <a href="https://www.benzinga.com//node/40811970" target="_blank" rel="noreferrer noopener">price target on the stock</a>.</li>
<li>Moderna, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNA#NASDAQ">MRNA</a>) shares dropped 11.26% after the company cut its R&amp;D expenses by $1.1 billion by 2027 and projected <a href="https://www.benzinga.com//node/40834547" target="_blank" rel="noreferrer noopener">2025 sales below expectations</a>. Many analysts <a href="https://www.benzinga.com/quote/mrna/analyst-ratings" target="_blank" rel="noreferrer noopener">lowered the price target</a>.</li>
<li>Humana Inc.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUM#NYSE">HUM</a>) stock decreased 9.93%, probably after this week&#8217;s <a href="https://www.benzinga.com/general/entertainment/24/09/40840076/trump-vs-harris-presidential-debate-viewership-tops-trump-biden-total-but-falls-short-of-re" target="_blank" rel="noreferrer noopener">Trump-Harris debate</a>.</li>
<li>Tyson Foods, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSN#NYSE">TSN</a>) stock was down 7.57%.</li>
<li>KE Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BEKE#NYSE">BEKE</a>) shares decreased 7.14%.</li>
<li>Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) shares lost 5.69% last week following Q3 earnings. Several analysts cut their price forecasts for<a href="https://www.benzinga.com/quote/ADBE/analyst-ratings" target="_blank" rel="noreferrer noopener"> the stock</a>.</li>
<li>Ryanair Holdings plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RYAAY#NASDAQ">RYAAY</a>) shares fell 5.38%.</li>
<li>JPMorgan Chase &amp; Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) stock lost 5.05% last week after COO tempered analyst outlook.</li>
<li>Devon Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DVN#NYSE">DVN</a>) fell 4.87% last week. A JP Morgan analyst maintained Devon Energy with an Overweight rating and lowered the <a href="https://www.benzinga.com/quote/ADBE/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecast from $64 to $51</a>.</li>
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Photo by Lutsenko_Oleksandr on Shutterstock

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Moderna, Tyson Foods And Adobe Are Among Top 10 Large Cap Stock Losers Last Week (Sep 8-Sep 14): Are The Others In Your Portfolio?

Barclays analyst Benjamin Theurer maintains Tyson Foods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSN#NYSE">TSN</a>) with a Overweight and raises the price target from $72 to $76.

Barclays Maintains Overweight on Tyson Foods, Raises Price Target to $76

Tyson Foods Executive Says Feel Good About The Way Assets Are Running, After Closing U.S. Chicken And Pork Plants

Tyson Foods Says U.S. Cow Liquidation Has Ceased

Tyson Foods CFO Curt Calaway Says Co Has Seen Retailers Strengthen Promotions On Chicken, Also Seen Promotions On Beef

Tyson Foods's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSN#NYSE">TSN</a>) short percent of float has fallen 4.52% since its last report. The company recently reported that it has 4.22 million shares sold short, which is 1.69% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.89 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Tyson Foods Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1725029115_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Tyson Foods has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Tyson Foods's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Tyson Foods's peer group average for short interest as a percentage of float is 4.27%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

(TSN) - Analyzing Tyson Foods's Short Interest

Tyson Foods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSN#NYSE">TSN</a>) has decided not to reinstate John R. Tyson as its Chief Financial Officer following his suspension earlier this year.
What Happened: John R. Tyson, the former CFO of Tyson Foods, will not be reinstated to his previous role at the company. Tyson Foods had placed him on suspension following his <a href="https://www.benzinga.com/news/24/07/39800909/tyson-foods-cfo-pleads-not-guilty-on-driving-while-intoxicated-charges-wsj">arrest for driving while intoxicated</a> in mid-June. 
On Thursday, the company <a href="https://www.tysonfoods.com/news/news-releases/2024/8/tyson-foods-names-curt-calaway-chief-financial-officer">announced</a> that Curt Calaway, who had been serving as interim CFO, will now assume the position permanently. John Tyson will remain an employee on a health-related leave.
Calaway, 50, <a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/100493/000010049324000106/tsn-20240829.htm">received</a> a salary increase to $675,000 and is eligible for a potential cash bonus of $742,500 this year, along with another possible $300,000. His appointment as interim CFO was effective from June 13. 
Calaway&#8217;s total potential compensation of $1.7 million is significantly lower than the $2.9 million compensation package John R. Tyson received in 2023 when he held both the CFO and chief sustainability officer roles.
John R. Tyson, the great-grandson of founder John W. Tyson, had a tumultuous tenure at the company since joining in 2019. 
He became the youngest CFO in the Fortune 500 in 2022 at age 32. However, his career faced challenges, including a bizarre incident in 2022 where he was found asleep in a stranger&#8217;s bed, leading to <a href="https://www.benzinga.com/news/24/07/39800909/tyson-foods-cfo-pleads-not-guilty-on-driving-while-intoxicated-charges-wsj">charges of trespassing and public intoxication</a>.
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/08/40617471/former-trump-aide-anthony-scaramucci-says-secs-gary-gensler-wants-kamala-harris-to-lose-up?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Former Trump Aide Anthony Scaramucci Says SEC&#8217;s Gary Gensler Wants Kamala Harris To Lose Upcoming Election After NFT Platform OpenSea Receives Wells Notice</a>
Why It Matters: The leadership shakeup at Tyson Foods comes at a crucial time for the company. In early July, Tyson Foods announced the <a href="https://www.benzinga.com/markets/equities/24/07/39705369/tyson-foods-divests-georgia-plant-in-profitability-push">sale of its poultry complex in Vienna, Georgia</a>, to House of Raeford Farms as part of its strategy to optimize its plant network. This move is part of Tyson Foods' ongoing efforts to enhance profitability and streamline operations.
Additionally, the company has been scaling back its <a href="https://www.benzinga.com/markets/equities/24/07/39594565/tyson-reduces-antibiotic-free-beef-options-as-costs-rise-report">antibiotic-free beef products</a> due to rising costs and increased regulations. 
Despite these challenges, Tyson Foods reported <a href="https://www.benzinga.com/news/earnings/24/08/40158875/tyson-foods-surpasses-q3-expectations-with-beef-and-pork-gains-chicken-segment-falls-short">strong third-quarter results</a>, with beef and pork segments showing gains, although the chicken segment fell short. The company&#8217;s quarterly adjusted earnings per share of 87 cents beat the street view of 65 cents, and sales of $13.353 billion surpassed analyst expectations. 
Price Action: Tyson Foods&#8217; stock closed at $64.65 on Thursday, down 1.58% for the day. In after-hours trading, the stock slightly declined by 0.31%. Despite recent fluctuations, Tyson Foods has gained 16.42% year to date, according to <a href="https://pro.benzinga.com/dashboard">data from Benzinga Pro</a>.
Read Next:
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/08/40568347/after-binance-and-coinbase-gary-gensler-led-sec-set-to-lock-horns-with-crypto-exchange-kra?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">After Binance And Coinbase, Gary Gensler-Led SEC Set To Lock Horns With Crypto Exchange Kraken</a></li>
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Image Via Shutterstock 
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Kaustubh-Bagalkote" target="_blank" rel="noreferrer noopener">Kaustubh Bagalkote</a>

Management

Tyson Foods Scion Ousted As CFO After Suspension — Curt Calaway Appointed As Permanent Successor Amid Strategic Realignment

Tyson Foods Says Curt Calaway Succeeds John Tyson, Who Remains With Company But Is Currently On Health-Related Leave

Tyson Foods Names Curt Calaway As CFO, Effective Immediately; Calaway Has Been With Company Since 2006, Most Recently Serving As Interim CFO

Canada&#8217;s railway strike could <a href="https://www.benzinga.com/news/global/24/08/40497103/strikes-at-us-ports-canadas-railways-may-cause-container-freight-rate-volatility">have major impacts </a>on various sectors and companies in the U.S. that rely on goods and commodities from the second-largest company in the world.
Canadian National Railway&nbsp;Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNI#NYSE">CNI</a>) and Canadian Pacific Kansas City Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CP#NYSE">CP</a>) said they locked out their workers and shut their networks in Canada early on Thursday after labor negotiations with the Teamsters Canada Rail Conference failed to result in a new union contract, Reuters reported.
Canada uses railways extensively to export grain, automobiles, potash, coal and other goods that are sold by companies &#8212; about $277 billion worth annually.
Thursday&#8217;s stoppage by these two Canadian railways could prove to be a major shock to U.S. companies and sectors because of the amount of goods and commodities they carry in North America.
Canadian National Railway Company operates 20,000 miles of railroad that spans the entire width of Canada and follows the Mississippi River all the way to the Gulf of Mexico.
The Canadian Pacific Kansas City also runs a 20,000-mile network that covers Canada from east to west but also travels down through the U.S. and into Mexico.
Read Also: <a href="https://www.benzinga.com/news/global/24/08/40451543/transatlantic-container-shipping-volumes-rise-as-possible-strike-at-u-s-ports-hovers">Transatlantic Container Shipping Volumes Rise As Possible Strike At U.S. Ports Hovers</a>
Here are some sectors that stand to be hurt by the rail stoppage:
<h2 class="wp-block-heading">Automobile</h2>
The U.S. imported and exported transportation equipment worth about $73 billion respectively in 2023 from Canada, according to the International Trade Administration. Canadian National&#8217;s website said it carries over 2 million finished vehicles a yearon an annual basis and services 12 North American vehicle assembly plants.
Canadian Pacific Kansas City caters to about 90% of automotive assembly plants in Mexico, it said on its website.
Price Action: Major automobile manufacturers had mixed performances into Thursday&#8217;s mid-afternoon trading.
<ul>
<li>Ford Motor Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) rose 0.69% to $10.93</li>
<li>General Motors (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) ticked up 0.05% to $46.58</li>
<li>Stellantis N.V. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLA#NYSE">STLA</a>) slipped 1.30% to $16.34</li>
<li>Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) fell 3.84% to $214.70 </li>
</ul>
<h2 class="wp-block-heading">Timber</h2>
Canada&#8217;s timber exports totaled $3.5 billion in 2022, according to Canadian government data.
 Pulp producer Mercer International&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MERC#NASDAQ">MERC</a>) said it was working on contingency plans for alternative transport methods in response to the strike.
Price Action: Major lumber retailers and producers trended downward on Thursday.
<ul>
<li>The Home Depot, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</a>) fell 1.17% to $366.12</li>
<li>Lowe&#8217;s Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOW#NYSE">LOW</a>) declined 0.68% to $240.72</li>
<li>Weyerhaeuser Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WY#NYSE">WY</a>) dropped 0.53% to $30.25</li>
<li>West Fraser Timber Co. Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFG#NYSE">WFG</a>) slipped 0.61% to $80.52</li>
</ul>
<h2 class="wp-block-heading">Grains And Agricultural Products</h2>
Nearly three dozen North American&nbsp;agricultural groups have warned that a simultaneous stoppage would be very severe on bulk commodity exporters in both Canada and the United States.
Price Action: Major manufacturers of grains and agricultural products saw losses on Thursday.
<ul>
<li>Tyson Foods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSN#NYSE">TSN</a>) declined 0.60% to $62.93</li>
<li>The Mosaic Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MOS#NYSE">MOS</a>) dipped 0.29% to $27.84</li>
<li>AGCO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGCO#NYSE">AGCO</a>) slid 0.32% to $89.19</li>
</ul>
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<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40375185/home-depots-price-forecasts-for-2024-lowered-by-analysts-amid-modest-sales-growth-c">Home Depot&#8217;s Price Forecasts For 2024 Lowered By Analysts Amid Modest Sales Growth, Cite Weaker Consumer Outlook</a></li>
</ul>

AGCO

MERC

STLA

2 Railway Strikes, 3 US Sectors In Trouble: $277B In Goods At Stake As Canadian Unions Call For New Contracts

JP Morgan analyst Kenneth Goldman maintains Tyson Foods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSN#NYSE">TSN</a>) with a Neutral and raises the price target from $61 to $63.

JP Morgan Maintains Neutral on Tyson Foods, Raises Price Target to $63

The food and beverage market looks well-positioned for continued growth due to steady demand and advanced technologies. Hence, it could be wise to invest in prominent food and beverage stocks Sysco (SYY), Tyson Foods (TSN), and Coca-Cola Consolidated (COKE) for long-term growth. Continue reading... The food and beverage market continues to thrive despite lingering macroeconomic conditions. Changing consumer preferences, advancement in digital technologies like AI and ML, and a rising worldwide population further present attractive opportunities for the industry.
Given the industry's promising outlook, investing in fundamentally strong food and beverage stocks Sysco Corporation (<a href="https://stocknews.com/stock/SYY/">SYY</a>), Tyson Foods, Inc. (<a href="https://stocknews.com/stock/TSN/">TSN</a>), and Coca-Cola Consolidated, Inc. (<a href="https://stocknews.com/stock/COKE/">COKE</a>) could be ideal for long-term investors.
Given the necessity and stable demand for food products, the food-making industry generally performs well regardless of economic uncertainties. Also, in recent times, the food manufacturing industry has rapidly transformed with the adoption of technologies and automation. Therefore, amid this, investors can consider these stocks for long-term investment and growth.
Factors like the pandemic, food inflation, and shifts in consumer behavior have highly impacted the food industry landscape. Increased demand for online shopping surged <a href="https://www.statista.com/topics/1660/food-retail/#topicOverview">food and beverage sales</a> as a percentage of total retail e-commerce sales significantly, reaching nearly 16% in 2023 from 9.3% in 2017. The sales are projected to reach 21.5% by 2027.
According to Cognitive Market Research, in the global Food and Beverage market, North America held a major market of more than 40% of the global revenue, having a market size of $2.67 billion in 2024. The <a href="https://www.cognitivemarketresearch.com/regional-analysis/north-america-food-and-beverage-market-report">North American food and beverage industry</a> is expected to grow at a CAGR of 5% from 2024 to 2031, driven by growing health consciousness and environmental concerns.
Further, as internet and smartphone usage increases and consumers lean more towards convenient and fast services, the <a href="https://www.imarcgroup.com/united-states-online-food-delivery-market">food and service delivery choices</a> are expanding. Also, the use of machine learning (ML) and artificial intelligence (AI) to improve delivery routes and increase operational efficiencies enhances prospects for restaurants and delivery platforms.
The United States online food delivery market was valued at $29.10 billion in 2023. IMARC Group expects the market to hit around $68.60 billion by 2032, exhibiting a CAGR of 9.8%.
Given the industry's robust outlook, investing in fundamentally strong food and beverage stocks SYY, TSN, and COKE could be wise.
Let's discuss the fundamentals of these stocks in detail:
Sysco Corporation (<a href="https://stocknews.com/stock/SYY/">SYY</a>)
SYY markets and distributes several food and related products to the foodservice or food-away-from-home industry internationally. The company operates through U.S. Foodservice Operations; International Foodservice Operations; SYGMA; and Other segments.
On October 14, SYY launched 19 innovative, labor-saving concepts available exclusively for Sysco customers through the company's Cutting Edge Solutions platform nationwide. SYY's Cutting Edge Solutions boosts efficiency and ignites creativity by offering labor-saving bites and showstopping menu centerpieces.
The new offering provides the right tools for chefs and includes a selection of exclusive, new, chef-tested products created to smoothen kitchen operations and revolutionize menus.
On August 15, SYY's Board of Directors declared a regular quarterly cash dividend of $0.51 per share, payable on October 25, 2024, to common stockholders of record at the close of business on October 4, 2024.
SYY's annual dividend of $2.04 translates to a yield of 2.71% at the current share price. Its four-year average dividend yield is 2.50%. Moreover, the company's dividend payouts have increased at a CAGR of 5.3% over the past five years. Sysco has raised its dividends for 9 consecutive years.
For the fourth quarter that ended June 29, 2024, SYY's sales grew 4.2% year-over-year to $20.56 billion. The company's non-GAAP <a href="https://www.investopedia.com/terms/g/grossprofit.asp#:~:text=Gross%20profit%2C%20or%20gross%20income,fluctuate%20compared%20to%20production%20output.">gross profit</a> increased 4.3% from the year-ago value to $3.84 billion. Its operating income came in at $1.08 billion, up 6.4% from the prior year's quarter. Its adjusted EBITDA rose 5.4% from the preceding year's period to $1.26 billion.
Street expects SYY's EPS and revenue for the first quarter (ended September 2024) to increase 5.5% and 4.3% year-over-year to $1.13 and $20.47 billion, respectively. Also, the company topped the consensus EPS estimates in each of the trailing four quarters, which is impressive.
Shares of SYY have gained 16.8% over the past year to close the last trading session at $75.22.
SYY's robust outlook is reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of A, which translates to a Strong Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, each weighted to an optimal degree.
SYY has a B grade for Stability, Quality, and Value. It is ranked #8 out of 74 stocks in the B-rated <a href="https://stocknews.com/category/food-makers/">Food Makers</a> industry.
In addition to the POWR Ratings I've just highlighted, you can see SYY's ratings for Momentum, Sentiment, and Growth <a href="https://stocknews.com/stock/SYY/">here</a>.
Tyson Foods, Inc. (<a href="https://stocknews.com/stock/TSN/">TSN</a>)
TSN operates as a food company globally. The company operates in four segments: Beef; Pork; Chicken; and Prepared Foods. It processes live-fed cattle and hogs and fabricates dressed beef and pork carcasses into primal and sub-primal meat cuts, case-ready beef and pork, and fully cooked meats.
On August 8, TSN's Board of Directors declared a quarterly dividend of $0.49 per share on Class A common stock and $0.441 per share on Class B common stock, to be paid on December 13, 2024, to shareholders of record at the close of business on November 29, 2024.
TSN pays an annual dividend of $1.96, which translates to a yield of 3.27% at the current share price. Its four-year average dividend yield is 2.85%. Moreover, the company's dividend payouts have increased at a CAGR of 3.3% over the past three years. Tyson has raised its dividends for 12 consecutive years.
On July 9, TSN entered into an agreement to sell its Vienna, Georgia, poultry complex to House of Raeford Farms. The company's decision to sell the complex was part of its continued efforts to optimize its plant network, and it will continue to service customer orders from other production locations.
During the third quarter, which ended June 29, 2024, TSN's sales increased by 1.6% year-over-year to $13.35 billion. The company's non-GAAP operating income increased 174.3% from the year-ago value to $491 million. Adjusted non-GAAP net income attributable to Tyson grew 483% and 480% year-over-year to $309 million and $0.87, respectively.
Analysts expect TSN's revenue and EPS for the fourth quarter (ended September 2024) to increase marginally and 86.1% year-over-year to $13.42 billion and $0.69, respectively. Moreover, the company has an impressive earnings surprise history as it surpassed the consensus EPS estimate in all of the trailing four quarters.
TSN's shares have surged 3% over the past six months and 26.4% over the past year to close the last trading session at $59.85.
TSN's bright prospects are reflected in its POWR Ratings. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
The stock has a B grade for Growth, Value, and Sentiment. Within the Food Makers industry, TSN is ranked #22 out of 74 stocks.
<a href="https://stocknews.com/stock/TSN/">Click here</a> to access additional ratings of TSN for Quality, Momentum, and Stability.
Coca-Cola Consolidated, Inc. (<a href="https://stocknews.com/stock/COKE/">COKE</a>)
COKE manufactures, markets, and distributes non-alcoholic beverages, primarily Coca-Cola Company products. It offers sparkling beverages, still beverages, noncarbonated beverages, ready-to-drink coffee and tea, enhanced water, juices, and sports drinks.
On August 20, COKE's Board of Directors increased its quarterly dividend to $2.50 per share, up from $0.50 per share. The increased dividend will be paid on November 8, 2024, to common stock and class B common stock stockholders of record as of October 25, 2024.
COKE pays an annual dividend of $2, which translates to a yield of 2% at the current share price. Its four-year average dividend yield is 0.65%. Also, the company's dividend payouts have increased at a CAGR of 26% over the past three years.
In the second quarter that ended September 30, 2023, COKE's net sales increased 3.3% year-over-year to $1.79 billion. Its adjusted gross profit rose 6.4% year-over-year to $715.63 million. Its adjusted income from operations grew 9.7% from the year-ago value to $257.81 million.
Also, the company's adjusted net income came in at $192.76 million and $20.71 per share, up 11.8% and 12.6% from the previous year's quarter, respectively.
COKE's stock has gained 60.2% over the past six months and 105.7% over the past year to close the last trading session at $1301.58.
COKE's POWR Ratings reflect its promising outlook. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
The stock has a B grade for Sentiment and Quality. COKE is ranked #8 of 34 stocks within the B-rated <a href="https://stocknews.com/category/beverages/">Beverages</a> industry.
To see additional POWR Ratings of COKE for Growth, Value, Stability, and Momentum, <a href="https://stocknews.com/stock/COKE/">click here</a>.
What To Do Next?
43 year investment veteran, Steve Reitmeister, has just released his 2024 market outlook along with trading plan and top 11 picks for the year ahead.
<a href="https://report.stocknews.com/sign-up/stock-market-outlook-2024/?formplacement=artbotad_smo24_rep">2024 Stock Market Outlook &gt;</a>

<hr />
SYY shares were trading at $75.67 per share on Tuesday afternoon, up $0.45 (+0.60%). Year-to-date, SYY has gained 6.30%, versus a 22.99% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Rjkumari Saxena</h2> <img src='https:/wp-content/uploads/2024/04/Rajkumari-Saxena_Image-1.jpeg' style="float:left; padding:5px;width:125px;">Rajkumari started her career as a writer but gradually shifted her focus to financial journalism, leveraging her educational background in Commerce. Fascinated by the interplay of business and economic shifts in equities, she aspires to evolve as an analyst. With a knack for simplifying complex financial concepts, her mission is to empower investors with insights that lead to profitable decisions.<a href="https://stocknews.com/authors/?author=rajkumari-saxena">More...</a>The post <a href=https://stocknews.com/news/syy-tsn-coke-3-food-and-beverage-stocks-for-long-term-investors/>3 Food and Beverage Stocks for Long-Term Investors</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Food and Beverage Stocks for Long-Term Investors

Tyson Foods Cooks Up Dividend Income Opportunity As Share Price Simmers

The 21st Century Investor's Toolkit - 7 Trends

Consumer staples offer stability during economic downturns as demand for essential goods remains steady, regardless of economic conditions. These stocks are less volatile, making them a defensive investment. Therefore, investors could consider investing in fundamentally solid consumer staples stocks Target (TGT), Kroger (KR), and Tyson Foods (TSN), which are trading at a discount. Keep reading... The October 2024 <a href="https://www.imf.org/en/Publications/GFSR/Issues/2024/10/22/global-financial-stability-report-october-2024#:~:text">Global Financial Stability Report</a> by the IMF highlights that while near-term financial stability risks are contained, rising economic and geopolitical uncertainty heightens the likelihood of adverse shocks. This growing disconnect between low financial volatility and elevated uncertainty could amplify future risks and expose underlying vulnerabilities.
Amid this backdrop, investors could consider investing in sound consumer staples stocks Target Corporation (<a href="https://stocknews.com/stock/TGT/">TGT</a>), The Kroger Co. (<a href="https://stocknews.com/stock/KR/">KR</a>), and Tyson Foods, Inc. (<a href="https://stocknews.com/stock/TSN/">TSN</a>), which are currently trading at a discount.
Consumer sentiments seem to be dampening this month after two months of small gains, as seen in the University of Michigan's consumer sentiment index <a href="https://apnews.com/article/consumer-sentiment-economy-election-084de7cedc2a1a51df1e96898a80da0c">slipping to 68.9 in October</a> from 70.1 in September.
Consumer staples provide stability during economic uncertainties and downturns because they consist of essential goods that people need regardless of their financial situation. These include products that maintain consistent demand even when consumers cut back on discretionary spending.
Companies in this sector often see steady sales and cash flows during economic downturns, making consumer staples stocks less volatile and a safe investment during periods of economic stress. Additionally, many of these companies offer dividends, providing reliable income for investors.
Given these market trends, let's look at the fundamentals of the top consumer staples stocks such as TGT, KR, and TSN.
Target Corporation (<a href="https://stocknews.com/stock/TGT/">TGT</a>)
TGT operates as a general merchandise retailer. It provides apparel for women, men, boys, girls, toddlers, infants, and newborns, jewelry, accessories, shoes, beauty and personal care, baby gear, cleaning, paper products, and pet supplies.
In terms of forward Price/Sales, TGT is trading at 0.64x, 50.9% lower than the industry average of 1.31x. Likewise, the stock's forward Price/Book multiple of 4.55 is 56.3% lower than the industry average of 2.91. Also, its forward Price/Cash Flow of 9.53x is 28.6% lower than the industry average of 13.34x.
On June 24, TGT partnered with Shopify Inc. (<a href="https://stocknews.com/stock/SHOP/">SHOP</a>), a global e-commerce platform, to offer a selection of its popular merchants and their products on Target Plus, the retailer's third-party, highly curated digital marketplace.
The strategic partnership with Shopify expanded TGT through a hand-selected assortment of new and on-trend products and brands like True Classic, Caden Lane, and more, giving consumers even more options to explore at affordable prices and with exceptional quality.
For the second quarter that ended on August 3, 2024, TGT's total <a href="https://www.investopedia.com/terms/r/revenue.asp">revenue</a> increased 2.7% from the prior year period to $25.45 billion, and its operating income came in at $1.64 billion, indicating growth of 36.6% year-over-year. Also, the company's net earnings and EPS totaled $1.19 billion and $2.57, up 42.7% and 42.8% from the prior year's quarter, respectively.
Furthermore, the company's cash and cash equivalents stood at $3.50 billion as of August 3, 2024, compared to $1.62 billion as of July 29, 2023.
According to the guidance for the third quarter, TGT expects adjusted EPS between $2.10 and $2.40. Also, for the full year, the company expects adjusted EPS of $9 to $9.70.
Street expects TGT's revenue and EPS for the third quarter (ending October 2024) to increase 2.2% and 9.4% year-over-year to $25.96 billion and $2.30, respectively. Moreover, the company surpassed the consensus EPS and revenue estimates in three of the trailing four quarters.
TGT's stock has increased 37.8% over the past year to close the last trading session at $148.05.
TGT's bright prospects are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of A, which translates to a Strong Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, each weighted to an optimal degree.
The stock has a B grade for Value, Momentum, and Quality. Within the A-rated <a href="https://stocknews.com/category/grocery-big-box-retailers/">Grocery/Big Box Retailers</a> industry, TGT is ranked #10 out of 37 stocks.
<a href="https://stocknews.com/stock/TGT/">Click here</a> to access additional TGT ratings for Sentiment, Growth, and Stability.
The Kroger Co. (<a href="https://stocknews.com/stock/KR/">KR</a>)
KR operates as a food and drug retailer. The company operates combination food and drug stores, multi-department stores, marketplace stores, and price-impact warehouses. Its combination of food and drug stores offers natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce.
In terms of forward non-GAAP P/E, KR is trading at 12.70x, 29.6% lower than the industry average of 18.04x. Likewise, the stock's forward EV/EBITDA multiple of 7.43 is 33.5% lower than the industry average of 11.17. Also, its forward Price/Sales of 0.27x is 79.1% lower than the 1.31x industry average.
On October 8, KR announced that Boost by Kroger Plus will include Disney streaming options as part of its annual memberships. The company's members can choose from Disney+ Basic (With Ads), Hulu (With Ads), or an ESPN+ subscription as part of an inclusion benefit.
Also, on October 4, KR closed the transaction to sell its specialty pharmacy business to Elevance Health. KR entered into a definitive agreement with Elevance Health for the sale on March 18, 2024. The specialty pharmacy, earlier owned by KR, serves patients with chronic illnesses that require complex care.
On July 31, KR expanded its "Our Brands" portfolio with the addition of Field &amp; Vine&#x2122;, a fresh produce line grown by U.S. farmers in California, Florida, Georgia, Michigan, New Jersey, North Carolina, Oregon, and Washington. The brand presently provides blueberries, blackberries, raspberries and strawberries.
The new brand offers an enhanced fresh experience and high-quality berries during peak U.S. growing seasons.
During the second quarter that ended August 17, 2024, KR's sales rose marginally year-over-year to $33.91 billion. Its operating profit was $815 million for the quarter. Net earnings attributable to KR amounted to $466 million and $0.64 per common share for the quarter, respectively.
In addition, the company's total assets came in at $51.44 billion as of August 17, 2024, compared to $50.20 billion as of August 12, 2023.
The company updated its guidance for the full year 2024, reaffirming adjusted FIFO operating profit of $4.60 billion – $4.80 billion and adjusted net earnings per share of $4.30 – $4.50. Also, the company continues to expect adjusted free cash flow between $2.50 and $2.70 billion.
Street expects KR's EPS for the third quarter (ending October 2024) to increase 2.8% year-over-year to $0.98. For the same quarter, the company's revenue is expected to grow 0.8% year-over-year to $34.22 billion. Also, the company surpassed the consensus EPS estimates in all four trailing quarters.
KR's shares have gained 4.3% over the past month and 33% over the past year to close the last trading session at $57.62.
KR's POWR Ratings reflect its robust outlook. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
KR has a B grade for Sentiment, Quality, and Value. It is ranked #20 out of 37 stocks in the A-rated Grocery/Big Box Retailers industry.
In addition to the POWR Ratings we've stated above, we also have other ratings of KR for Growth, Stability, and Momentum. Get all KR ratings <a href="https://stocknews.com/stock/KR/">here</a>.
Tyson Foods, Inc. (<a href="https://stocknews.com/stock/TSN/">TSN</a>)
TSN operates as a food company worldwide. The company operates through four segments: Beef; Pork; Chicken; and Prepared Foods. It processes live-fed cattle and hogs and fabricates dressed beef and pork carcasses into primal and sub-primal meat cuts, case-ready beef and pork, and fully cooked meats.
TSN's forward Price/Sales of 0.39x is 69.9% lower than the industry average of 1.31x. Also, the stock's forward EV/Sales multiple of 0.55 is 67.6% lower than the industry average of 1.71. Similarly, its forward Price/Book of 1.15x is lower than the industry average of 2.91x.
On August 8, TSN's Board of Directors declared a quarterly dividend of $0.49 per share on its Class A common stock and $0.441 per share on Class B common stock, payable on December 13, 2024, to shareholders of record at the close of business on November 29, 2024.
TSN pays an annual dividend of $1.96, which translates to a yield of 3.33% at the current share price. Its four-year average dividend yield is 2.85%. Moreover, the company's dividend payouts have increased at a CAGR of 3.3% over the past three years. Tyson has raised its dividends for 12 consecutive years.
On July 9, TSN entered into an agreement to sell its Vienna, Georgia, poultry complex to House of Raeford Farms. The company's decision to sell the complex was part of its continued efforts to optimize its plant network, and it will continue to service customer orders from other production locations.
During the third quarter, which ended June 29, 2024, TSN's sales increased 1.6% year-over-year to $13.35 billion. Its non-GAAP operating income increased 174.3% from the year-ago value to $491 million. Further, adjusted non-GAAP net income attributable to Tyson grew 483% and 480% year-over-year to $309 million and $0.87, respectively.
Street expects TSN's revenue and EPS for the fourth quarter (ended September 2024) to increase 0.6% and 86.1% year-over-year to $13.43 billion and $0.69, respectively. Also, the company has topped the consensus EPS estimates in each of the trailing quarters.
Shares of TSN have surged 30.4% over the past year to close the last trading session at $58.88.
TSN's POWR Ratings reflect its sound fundamentals. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
TSN has a B grade for Sentiment, Growth, and Value. It is ranked #21 out of 74 stocks in the B-rated <a href="https://stocknews.com/category/food-makers/">Food Makers</a> industry.
In addition to the POWR Ratings we've stated above, we also have TSN ratings for Quality, Momentum, and Stability. Get all TSN ratings <a href="https://stocknews.com/stock/TSN/">here</a>.
What To Do Next?
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TGT shares rose $0.06 (+0.04%) in after-hours trading Thursday. Year-to-date, TGT has gained 8.67%, versus a 23.01% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Rjkumari Saxena</h2> <img src='https:/wp-content/uploads/2024/04/Rajkumari-Saxena_Image-1.jpeg' style="float:left; padding:5px;width:125px;">Rajkumari started her career as a writer but gradually shifted her focus to financial journalism, leveraging her educational background in Commerce. Fascinated by the interplay of business and economic shifts in equities, she aspires to evolve as an analyst. With a knack for simplifying complex financial concepts, her mission is to empower investors with insights that lead to profitable decisions.<a href="https://stocknews.com/authors/?author=rajkumari-saxena">More...</a>The post <a href=https://stocknews.com/news/tgt-kr-tsn-shop-3-consumer-staples-stocks-trading-at-a-discount/>3 Consumer Staples Stocks Trading at a Discount</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Consumer Staples Stocks Trading at a Discount

Barclays analyst Benjamin Theurer maintained a Buy rating on Tyson Foods (TSN – Research Report) today and set a price target of $76.00. The compan...

Barclays Keeps Their Buy Rating on Tyson Foods (TSN)

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