If, as outlined in December, you took advantage of Tyson Foods' (TSN) dip to about $14.40, you made the correct move. First discussed here on May 11, 2009, at a price of $12.35, Tyson has moved north this winter, but with volatility, to about $19, and I still like the shares here.

In 2011, Tyson's revenue should increase about 3-4%, as food demand rises in-sync with the U.S. and global economic expansions. Chicken and beef margins should widen. Modest pricing power also will continue.

Continue reading Tyson Foods Roller-Coasters North

Tyson Foods Roller-Coasters North originally appeared on BloggingStocks on Mon, 28 Feb 2011 16:40:00 EST. Please see our terms for use of feeds.

Tyson Foods (TSN) is on the front line of food inflation. While the Federal Reserve holds that inflation is just 2%, Donnie Smith, CEO of Tyson said that "domestic food inflation will likely overtake U.S. government forecasts as crop and animal feed prices continue to rise," The Wall Street Journal reported.

Last week, Tyson reported a profit of $298 million for the quarter to Jan. 1, compared with $160 million a year ago. Per share earnings rose to 78 cents from 42 cents. Revenue was up 15% to $7.6 billion.

Continue reading Tyson Foods Earnings Higher on Price Hikes

Tyson Foods Earnings Higher on Price Hikes originally appeared on BloggingStocks on Wed, 09 Feb 2011 10:50:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• Boeing (BA) to overweight from neutral at JPMorgan.
• Alcoa (AA) to buy from hold at Deutsche Bank.
• BP (BP) to outperform from market perform at Raymond James.
• Office Depot (ODP) and Staples (SPLS) to buy from neutral at Janney Capital.
• ON Semiconductor (ONNN) to buy from hold at Citigroup.
• Kennametal (KMT) and Polyone (POL) to buy from hold at KeyBanc.
• Airgas (ARG) to outperform from market perform at William Blair.
• EchoStar (SATS) to neutral from underperform at Macquarie.

Continue reading Analyst Calls: AA, BA, BP, BSX, COH, GM, INTC, NSM, STJ, TIF, TSN, UA ...

Analyst Calls: AA, BA, BP, BSX, COH, GM, INTC, NSM, STJ, TIF, TSN, UA ... originally appeared on BloggingStocks on Mon, 03 Jan 2011 11:40:00 EST. Please see our terms for use of feeds.

Food producer Tyson Foods (TSN), first discussed here on May 11, 2009, at a price of $12.35, finally appears to have found some traction, and I obviously still like the shares at this stage.

The shares of Tyson downtrended in bear-hug fashion for much of 2010, walking down to about $15 from $20. However, since then the shares found support at $15 and have since popped back up above $17, including a nice move above the key, 50-day moving average.

Continue reading Tyson Foods: Is a Bottom in Place at $15?

Tyson Foods: Is a Bottom in Place at $15? originally appeared on BloggingStocks on Fri, 10 Dec 2010 17:00:00 EST. Please see our terms for use of feeds.

Among the quarterly results scheduled for this holiday-shortened week, investors may be thankful for the earnings results from Tyson Foods (TSN). The Arkansas-based poultry and meat producer reported on its sustainability efforts and also was named McDonalds' (MCD) supplier of the year during its fiscal fourth quarter. Analysts polled by Thomson Reuters forecast earnings for that period to have doubled from a year ago to 56 cents per share.

Tyson is also expected to post revenue of $7.8 billion for the three months that ended in September, which is 7.4% more than in the same period of fiscal 2009. And the consensus estimate for the full year calls for earnings of $2.08 per share (+87.0%) and revenue of $28.7 billion (+7.3%). Tyson's earnings have been better than expected in recent quarters, beating consensus estimates by as much as 24 cents per share.

Continue reading Week in Preview: Tyson Foods, Analog Devices, Deere Serve Up Earnings

Week in Preview: Tyson Foods, Analog Devices, Deere Serve Up Earnings originally appeared on BloggingStocks on Sun, 21 Nov 2010 12:30:00 EST. Please see our terms for use of feeds.

Continue reading Sanderson Farms Trading Up on Q3 News

Sanderson Farms Trading Up on Q3 News originally appeared on BloggingStocks on Mon, 23 Aug 2010 15:20:00 EST. Please see our terms for use of feeds.

Goldman Sachs recently initiated its coverage of Tyson Foods Inc. (TSN) by placing the stock on its Conviction Sell List, but I think this meat producer may have gotten a raw deal.

Monday morning, Tyson Foods reported its results for the fiscal third quarter of $242 million, or 65 cents per share, up approximately 86% from the same period last year. The company reported strong sales of $7.44 billion and said it expects demand to increase further next year.

Continue reading Tyson Foods Gets Raw Deal from Analysts

Tyson Foods Gets Raw Deal from Analysts originally appeared on BloggingStocks on Wed, 11 Aug 2010 18:20:00 EST. Please see our terms for use of feeds.

Continue reading Tyson Foods Stock Sells on Q3 News

Tyson Foods Stock Sells on Q3 News originally appeared on BloggingStocks on Mon, 09 Aug 2010 17:00:00 EST. Please see our terms for use of feeds.

Continue reading Tyson Foods Drops on Q2 Data

Tyson Foods Drops on Q2 Data originally appeared on BloggingStocks on Mon, 10 May 2010 14:30:00 EST. Please see our terms for use of feeds.

Though the earnings season is winding down, and the coming week includes the Thanksgiving holiday in the U.S., plenty of reports are still due out. And analysts surveyed by Thomson Reuters don't seem to be expecting too many turkeys among this week's bunch.

Leading U.S. meat processor Tyson Foods Inc. (TSN), which has just named a new chief executive officer and a new chief operating officer, is expected to report fiscal fourth-quarter earnings of $0.26 per share, up from $0.14 in the same period of last year. But revenue is expected to total $6.9 billion, or 4.3% less than a year ago. The full-year forecast is for a profit of $0.25 per share (-16.7) on $26.4 billion (-3.9%) in sales. This dividend payer has offered upside surprises in the past two quarters, topping estimates by 11 cents per share in the third quarter.

Continue reading The week in preview: No turkey earnings from Tyson, Hormel, Cracker Barrel ...

The week in preview: No turkey earnings from Tyson, Hormel, Cracker Barrel ... originally appeared on BloggingStocks on Sun, 22 Nov 2009 12:30:00 EST. Please see our terms for use of feeds.

Continue reading Tyson Foods downgraded by JPMorgan

Tyson Foods downgraded by JPMorgan originally appeared on BloggingStocks on Wed, 11 Nov 2009 10:00:00 EST. Please see our terms for use of feeds.

Even though eating properly handled and cooked pork products is safe, some Americans and international consumers will still avoid pork, due to the H1N1 flu.

That would typically hurt protein food producers, but Tyson Foods (NYSE: TSN) has alternatives, namely chicken, which is a major reason I'm reiterating my Buy rating for Tyson Foods, first recommended on May 11, 2009, at a price of $12.35.

Continue reading Consider Tyson, because it will be a 'frugal consumer' era winner

Consider Tyson, because it will be a 'frugal consumer' era winner originally appeared on BloggingStocks on Mon, 14 Sep 2009 13:00:00 EST. Please see our terms for use of feeds.

Analysts surveyed by Thomson Reuters are looking for EPS for these banks to have fallen from 15% to 25% from a year ago. Their long-term EPS growth forecast is for between 10% and 12%, which is in the same range as U.S. rivals JPMorgan Chase & Co. (NYSE: JPM) and Wells Fargo & Co. (NYSE: WFC), but better than Bank of America Corp. (NYSE: BAC) and Citigroup Inc. (NYSE: C). Earnings multiples for these Canadian banks are 10x to 12x, but none of them have a First Call consensus recommendation is to buy. The Motley Fool, though, considers TD as a value stock and RY a stock poised to pop. All of them are trading much closer to their 52-week highs than lows, and shares of all are up more than 100% since March lows.

Continue reading The week in preview: Canadian banks in the earnings spotlight

The week in preview: Canadian banks in the earnings spotlight originally appeared on BloggingStocks on Sun, 23 Aug 2009 12:30:00 EST. Please see our terms for use of feeds.

Here are some highlights from last week's earnings coverage from BloggingStocks:

• Activision Blizzard Inc. (NASDAQ: ATVI) reported better-than-expected Q2 results, sending shares higher.
• Blackstone Group (NYSE: BX) said it swung to a Q2 profit despite a dearth of leveraged buyouts.
• CBS Corp. (NYSE: CBS) Q2 earnings declined but still topped estimates, sending shares higher.
• Coinstar Inc. (NASDAQ: CSTR) reported stellar Q2 results driven by its the popularity of RedBox.
• Clorox Co. (NYSE: CLX) posted solid Q4 earnings but said revenues were flat due to currency effects.
• Duke Energy Corp. (NYSE: DUK) lower Q2 earnings beat expectations by a penny but revenue fell short.

Continue reading Earnings highlights: Blackstone, CBS, Humana, Playboy, Sirius, Whole Foods ...

Earnings highlights: Blackstone, CBS, Humana, Playboy, Sirius, Whole Foods ... originally appeared on BloggingStocks on Sat, 08 Aug 2009 15:40:00 EST. Please see our terms for use of feeds.

Tyson Foods (NYSE: TSN) really improved its fortunes in Q3. Last year at this time, Tyson earned 3 cents per share. This year, the food company, famous for its chicken brand, made 35 cents per share. Sales actually dipped a little under 3%, but management is diligently fighting the good fight when it comes to efficiencies. Both costs of sales and selling, general and administrative expenses went down.

According to Bloomberg, the adjusted income of 33 cents per share simply blazed past Wall Street's expectations. The call was for 22 cents per share. You've got to like that. Higher prices for poultry helped the quarter.

Continue reading Tyson Foods beats analyst expectations by wide margin

Tyson Foods beats analyst expectations by wide margin originally appeared on BloggingStocks on Tue, 04 Aug 2009 08:00:00 EST. Please see our terms for use of feeds.

Here are some highlights from this past week's earnings coverage from BloggingStocks:

• Alcatel-Lucent (NYSE: ALU) shares rose even though it reported a wider loss for the quarter.
• American Express Co. (NYSE: AXP) posted better-than-expected Q1 results but warned of challenges.
• Blackstone Group (NYSE: BX) reported a net loss and slumping revenues for the first quarter.
• Center Financial Corp. (NASDAQ: CLFC) was downgraded following its Q1 earnings report.
• Cisco Systems Inc. (NASDAQ: CSCO) posted lower Q3 earnings that still topped analysts estimates.

Continue reading Earnings highlights: Disney, Cisco, News Corp., Marvel, Sirius, Blackstone and more

Earnings highlights: Disney, Cisco, News Corp., Marvel, Sirius, Blackstone and more originally appeared on BloggingStocks on Sat, 09 May 2009 12:40:00 EST. Please see our terms for use of feeds.

Wall Street was probably encouraged by something else as well. If you take a look at the actual release, head on down to the statement of cash flows. Last year at this time, Tyson generated $144 million in cash from operations during the six-month period. This year, the company made $407 million from operations. Some nice changes in working capital helped out.

Continue reading Tyson beats estimates, stock rallies -- can you buy now?

Tyson beats estimates, stock rallies -- can you buy now? originally appeared on BloggingStocks on Mon, 04 May 2009 15:30:00 EST. Please see our terms for use of feeds.

Tyson Foods, Inc. (NYSE: TSN) reported, according to this source, a decent quarter in terms of bottom-line profit, but it wasn't enough to satisfy Wall Street. Sales rose almost 10% to $7.2 billion. And net income on an adjusted basis came in at $0.15 per share. That represented pretty good growth over last year's profit figure. But you know, it didn't really matter for two reasons. One, the call by the analyst community was for four more pennies. Two, guidance was not tasty at all. Management sees further pressures coming, and the aforementioned source mentions that the fulfillment of debt obligations is an issue.

A tough environment for chicken has been plaguing Tyson. Not only that, but a look at the company's press release shows that operational cash flow took a huge dive over the last twelve months, dropping roughly 58% to $288 million. There was no free cash for the year to support the dividend obligations. That isn't too encouraging.

The bottom line on Tyson, which competes with the also-struggling Pilgrim's Pride (NYSE: PPC), is that it isn't a buy, at least not from where I sit. I know there will be investors out there who will see some value in the situation, but I cannot, at least not at this time. No, I'm not saying that I think Tyson will disappear. However, there are better ideas out there if you're looking to play the supermarket game over a long-term basis. There's Procter & Gamble (NYSE: PG), Kraft (NYSE: KFT), and Campbell Soup (NYSE: CPB), to name some examples. As I write this, Tyson's stock is down over 11%. Might we see a bounce in the next few days? Sure. But I'm not brave enough to step in with this one.

Disclosure: I don't own any company mentioned; positions can change at any time.

Too chicken to buy Tyson originally appeared on BloggingStocks on Mon, 10 Nov 2008 15:20:00 EST. Please see our terms for use of feeds.

Analyst upgrades:

• Keefe Bruyette upgraded shares of AllianceBernstein (NYSE: AB) to Outperform from Market Perform as they find AB's risk/reward attractive given its attractive long-term business model. Wachovia upgraded Watson Pharma (NYSE: WPI) and Teva Pharma (NASDAQ: TEVA) to Outperform from Market Perform citing valuations and positive drivers for generics that include patent expirations and market share expansion.
• UBS raised Lloyds TSB Group (NYSE: LYG) to Neutral from Sell on expected pricing power following the HBOS (OTC: HBOOY) acquisition.
• Otter Tail (NASDAQ: OTTR) was upgraded to Outperform from Neutral at Baird.
• GFI Group (NASDAQ: GFIG) was upgraded at Citigroup to Hold from Sell.
• Merrill upgraded Logitech (NASDAQ: LOGI) to Neutral from Underperform.

• JP Morgan downgraded shares of Lloyds TSB Group to Underweight from Neutral on capital concerns and believes the HBOS acquisition is not in the best interest of shareholders.
• Stephens downgraded Universal Truckload (NASDAQ: UACL) to Equal Weight from Overweight on valuation and concerns about a slowdown in the flatbed sector. The firm's target remains $28.

Continue reading Analyst calls: AB, WPI, TEVA, LYG, UACL, NTAP, SIMO, BRCM ...

Analyst calls: AB, WPI, TEVA, LYG, UACL, NTAP, SIMO, BRCM ... originally appeared on BloggingStocks on Mon, 22 Sep 2008 10:15:00 EST. Please see our terms for use of feeds.

This post is part of our Big Company, Small Town series, featuring large companies and the small towns in which they are headquartered.

Like most big companies located in small towns, Tyson Foods (NYSE: TSN) has a delightfully quirky origin. John Tyson, owner of a battered truck and 500 chickens, opportunist, and debtor in the Depression-era 1930s struck an idea that probably seemed like folly to his neighbors: he'd deliver chickens to Chicago and Kansas City, where they'd get more money.

I'm sure for every story like Tyson's, there were 100 that didn't turn out so auspiciously. But in this tale, the hero comes back to his little Arkansas hometown with a profit and pays off his debts. He keeps on raising and selling birds in points north, eventually devising a plan to keep more of the profits by "vertically integrating" (I'll bet dollars-to-doughnuts he didn't call it that) and incubating his own chicks instead of buying them from a hatchery, as well as milling his own feed instead of buying it from a feed store.

This wasn't the end of Tyson's forethought. He bought a broiler farm in Springdale, Arkansas (beginning the company's history in that town) and started to cross-breed birds designed for meat production, instead of using heritage (or "pedigree") breeds.

Continue reading Big company, small town: Tyson Foods, Springdale, Arkansas

Big company, small town: Tyson Foods, Springdale, Arkansas originally appeared on BloggingStocks on Thu, 26 Jun 2008 17:10:00 EST. Please see our terms for use of feeds.