In the latest close session, Tyson Foods (TSN) was down 1.64% at $57.05. This change lagged the S&P 500's daily gain of 0.89%. Elsewhere, the Dow gained 0.74%, while the tech-heavy Nasdaq added 1.29%.
Shares of the meat producer have appreciated by 4.49% over the course of the past month, outperforming the Consumer Staples sector's gain of 2.44%, and the S&P 500's loss of 0.63%.
Market participants will be closely following the financial results of Tyson Foods in its upcoming release. The company plans to announce its earnings on August 3, 2026. On that day, Tyson Foods is projected to report earnings of $1.03 per share, which would represent year-over-year growth of 13.19%. Our most recent consensus estimate is calling for quarterly revenue of $14.14 billion, up 1.83% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $4.12 per share and revenue of $56.57 billion, which would represent changes of 0% and +3.91%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Tyson Foods. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
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 witnessed a 1.04% decrease. Currently, Tyson Foods is carrying a Zacks Rank of #3 (Hold).
In terms of valuation, Tyson Foods is currently trading at a Forward P/E ratio of 14.08. This signifies a premium in comparison to the average Forward P/E of 11.89 for its industry.
Meanwhile, TSN's PEG ratio is currently 1.19. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As of the close of trade yesterday, the Food - Meat Products industry held an average PEG ratio of 2.05.
The Food - Meat Products industry is part of the Consumer Staples sector. At present, this industry carries a Zacks Industry Rank of 213, placing it within the bottom 14% of over 250 industries.
The Zacks Industry Rank gauges the strength of our individual 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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
This article originally published on Zacks Investment Research (zacks.com).