Tyson Foods Inc. (NYSE:TSN) traded today at a new 12-month high of $98.48. Approximately 2.9 million shares have changed hands today, as compared to an average 30-day volume of 2 million shares.
Tyson Foods Inc. share prices have moved between a 12-month high of $98.48 and a 12-month low of $63.22 and are now trading 56% above that low price at $98.44 per share.
Tyson Foods is the largest U.S. producer of processed chicken and beef. It’s also a large producer of processed pork and protein-based products under the brands Jimmy Dean, Hillshire Farm, Ball Park, Sara Lee, Aidells, State Fair, and Raised & Rooted, to name a few. Tyson sells 86% of its products through various U.S. channels, including retailers (48%), food service (28%), and other packaged food and industrial companies (10%). In addition, 14% of the company’s revenue comes from exports to Canada, Mexico, Brazil, Europe, China, and Japan.
Tyson Foods Inc. is currently priced 10.2% above its average consensus analyst price target of $88.40.
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