Tyson Foods Inc. TSN Stock Analysis

Tyson Foods Inc. stock trades under the ticker TSN & has shown recent bullishness that traders & investors should research further into.

TSN stock closed at $62.36/share on 2/23/2023.

Tyson Foods Inc. TSN Stock’s Technical Performance Broken Down

Tyson Foods Inc. TSN Stock's Technical Performance Over The Past Year
Tyson Foods Inc. TSN Stock’s Technical Performance Over The Past Year

TSN Stock Price: $62.36

10 Day Moving Average: $61.10

50 Day Moving Average: $63.18

200 Day Moving Average: $72.72

RSI: 49.31

MACD: -0.761

Yesterday, TSN stock completed a bullish MACD crossover, gaining +1% on the day’s session.

Recent trading volumes have been above average compared to the year prior & their RSI is neutral.

However, recent days’ candlesticks are signaling that there is more short-term losses on the horizon, which provide opportunity for more favorable entry points for traders & investors.

TSN stock has support at the $61.10, $59.65 & $59.38/share price level, as they try to break out above their $62.49, $63.01 & $63.16/share resistance levels.

Tyson Foods Inc. TSN Stock As A Long-Term Investment

Long-term oriented investors will like TSN stock’s valuation metrics, with a 9.17 P/E (ttm) & a 1.12 P/B (mrq).

They recently reported 2.5% Quarterly Revenue Growth Y-o-Y, with -71.8% Quarterly Earnings Growth Y-o-Y, which investors may want to get a better understanding about.

Their balance sheet will also require a more thorough examination, with $656M of Total Cash (mrq) & $8.35B of Total Debt (mrq).

TSN stock pays a 3.01% dividend, which appears to be sustainable in the long run as their payout ratio is 27.64%.

85.16% of TSN stock’s outstanding share float is owned by institutional investors.

Tyson Foods Inc. TSN Stock As A Short-Term Trade Using Options

Traders with shorter time horizons can use options to profit from TSN stock’s price movements, while protecting their portfolio from volatility.

I am looking at the contracts with the 3/17 expiration date.

The $60, $55 & $57.50 call options are all in-the-money, listed from highest to lowest level of open interest.

The $62.50, $65 & $67.50 puts are also all in-the-money, with the former being more liquid than the latter two strikes.

Tying It All Together

TSN stock has many interesting characteristics that traders & investors should look closer into.

Investors will like their valuation metrics & dividend yield, but may want to research their balance sheet structure in more detail before investing.

Traders will like their recent technical performance, as well as how liquid their options are.

Overall, it is worth taking a closer look into how TSN stock fits into your portfolio strategy.

*** I DO NOT OWN SHARES OR OPTIONS CONTRACTS IN TSN STOCK AT THE TIME OF PUBLISHING THIS ARTICLE ***