Tyson Foods (TSN) closed the most recent trading day at $57.07, moving +2.09% from the previous trading session. The stock outpaced the S&P 500's daily loss of 1.21%. On the other hand, the Dow registered a gain of 0.02%, and the technology-centric Nasdaq decreased by 2.6%.
Shares of the meat producer have appreciated by 8.84% over the course of the past month, outperforming the Consumer Staples sector's gain of 4.45%, and the S&P 500's loss of 0.03%.
Analysts and investors alike will be keeping a close eye on the performance of Tyson Foods in its upcoming earnings disclosure. The company's earnings report is set to go public on November 16, 2026. The company is predicted to post an EPS of $0.65, indicating a 43.48% decline compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $13.88 billion, indicating a 0.12% upward movement from the same quarter last year.
TSN's full-year Zacks Consensus Estimates are calling for earnings of $3.49 per share and revenue of $56.29 billion. These results would represent year-over-year changes of -15.29% and +3.39%, respectively.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Tyson Foods. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 4.3% downward. Currently, Tyson Foods is carrying a Zacks Rank of #5 (Strong Sell).
Looking at its valuation, Tyson Foods is holding a Forward P/E ratio of 15. This expresses a premium compared to the average Forward P/E of 13.97 of its industry.
We can additionally observe that TSN currently boasts a PEG ratio of 0.93. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Food - Meat Products industry currently had an average PEG ratio of 1.67 as of yesterday's close.
The Food - Meat Products industry is part of the Consumer Staples sector. With its current Zacks Industry Rank of 246, this industry ranks in the bottom 1% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during 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).