In the latest close session, Tyson Foods (TSN) was down 2.43% at $63.38. The stock's change was less than the S&P 500's daily gain of 0.8%. Elsewhere, the Dow saw a downswing of 0.15%, while the tech-heavy Nasdaq appreciated by 1.6%.
Coming into today, shares of the meat producer had gained 4.66% in the past month. In that same time, the Consumer Staples sector lost 2.45%, while the S&P 500 gained 5.15%.
The investment community will be paying close attention to the earnings performance of Tyson Foods in its upcoming release. The company is slated to reveal its earnings on May 4, 2026. The company is predicted to post an EPS of $0.81, indicating a 11.96% decline compared to the equivalent quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $13.8 billion, reflecting a 5.55% rise from the equivalent quarter last year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $3.95 per share and revenue of $56.83 billion. These totals would mark changes of -4.13% and +4.39%, respectively, from last year.
It is also important to note the recent changes to analyst estimates for Tyson Foods. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 1.8% higher. Tyson Foods is currently sporting a Zacks Rank of #2 (Buy).
Looking at its valuation, Tyson Foods is holding a Forward P/E ratio of 16.44. This represents a premium compared to its industry average Forward P/E of 12.57.
It's also important to note that TSN currently trades at a PEG ratio of 1.41. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. By the end of yesterday's trading, the Food - Meat Products industry had an average PEG ratio of 1.97.
The Food - Meat Products industry is part of the Consumer Staples sector. With its current Zacks Industry Rank of 178, this industry ranks in the bottom 28% of all industries, numbering over 250.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
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Tyson Foods, Inc. (TSN): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).