Marcos Schnaider/iStock via Getty Images It's time to talk about one of the most well-known dividend (growth) stocks at the very end of the agriculture supply chain: meat processor Tyson Foods (NYSE:TSN). On top of being one of the largest food companies in North America, the company has been a rollercoaster for investors. Over the past ten years, TSN shares have returned 90%, including dividends. This lags the S&P 500's 230% return by a wide margin. Moreover, as we can see above, this poor performance is d ...

Tyson Foods Inc. (TSN) is capitalizing on its robust brand portfolio to secure a strong market position. With a focus on leveraging key growth drivers, the renowned meat products company is strategically implementing operational and supply-chain efficiency programs. However, it is not immune to macroeconomic headwinds. What's Working in Favor? The Zacks Rank #3 (Hold) company benefits from a diverse portfolio of core proteins, including chicken, pork and beef. Its iconic brands, such as Tyson, Jimmy Dean an ...

Core Viewpoint - Tyson Foods reported mixed results for Q2 fiscal 2024, with a decline in sales but a significant increase in adjusted earnings, leading to a raised guidance for adjusted operating income for the fiscal year [2][4][13]. Financial Performance - Adjusted earnings were 62 cents per share, surpassing the Zacks Consensus Estimate of 35 cents per share, and a notable improvement from a loss of 4 cents per share in the previous year [4]. - Total sales amounted to $13,072 million, a decrease of 0.5% year-over-year, and below the Zacks Consensus Estimate of $13,133 million [4]. - Gross profit increased to $866 million from $527 million year-over-year, while adjusted operating income rose to $406 million from $65 million [5]. Segment Performance - Beef segment sales increased to $4,954 million, with volumes up 2.8% and average prices up 4.5% [6]. - Pork segment sales rose to $1,486 million, with volumes growing 2.9% and average prices increasing by 1.7% [6]. - Chicken segment sales decreased to $4,065 million, with volumes down 6.1% and average prices down 2.1% [7]. - Prepared Foods segment sales fell to $2,404 million, with a slight volume increase of 0.7% but a price decrease of 1.4% [7]. - International/Other segment sales were $580 million, down from $634 million, with volumes up 3% but average prices down 11.5% [8]. Financial Position - The company ended the quarter with cash and cash equivalents of $2,182 million and long-term debt of $9,645 million [9]. - Cash provided by operating activities for the six months ended March 30, 2024, was $1,177 million, with liquidity around $4.4 billion [9]. Guidance and Outlook - For fiscal 2024, total company sales are projected to be relatively flat compared to fiscal 2023, with adjusted operating income expected in the range of $1.4-$1.8 billion [13]. - The USDA projects a slight increase in domestic protein production for beef, pork, chicken, and turkey in fiscal 2024 [11]. - Management anticipates improved adjusted results from foreign operations during fiscal 2024 [12]. Market Sentiment - There has been a downward trend in estimates, with the consensus estimate shifting down by 15.62% [14]. - Tyson Foods currently holds a Zacks Rank 3 (Hold), indicating expectations for an in-line return in the coming months [16].

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Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than ...

RiverNorthPhotography Tyson Foods (NYSE:TSN) is probably most popular for their chicken strips, but they operate as a worldwide food company that brings in revenue through the following segments: Beef, Pork, Chicken, and Prepared Foods. However, TSN has been struggling to gain any momentum with increasing revenue from sales due to macro conditions. As a result of this, we can see that TSN actually underperforms some peers such as Kellanova (K), Hormel Foods (HRL), and McCormick (MKC) in total return over a ...

Tyson Foods Inc. (TSN) appears well-positioned on the back of a growing brand portfolio. The renowned meat products company is leveraging the strength of its key growth drivers to its advantage. The company is implementing various operational and supply chain efficiency programs to enhance its long-term prospects. Tyson Foods' growth strategy is based on three main pillars. These include driving growth across the core protein platform. The company expects global demand for protein to continue rising and rem ...

Lab-grown meat has been a growing part of social and political debate for several years now. Given the ethical concerns around factory farming and the reservations some people have toward eating meat, there has been a proliferation of start-ups researching and developing lab-grown meat products. However, not everyone has been enthusiastic about this trend. Despite lab-grown meat not even hitting the shelves of grocery stores yet, vocal opponents have already emerged. In the state of Florida, Governor Ron De ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style Sc ...

Shares of meatpacking giant Tyson plunged more than 9% — the stock’s worst day since August — after the company said persistent inflation weakened consumer appetites for beef, pork and chicken purchases, biting into profits in the second quarter.At grocery stores, shoppers are prioritizing essential kitchen staples over discretionary categories thanks to persistent inflation that’s kept interest rates at their highest level in more than two decades, said Melanie Bouldin, who heads Tyson’s prepared foods bus ...