Tyson Foods Inc Class A
TSN: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$63.00 | Bthf | Snrznlb |
Tyson: We See Attractive Risk-Adjusted Upside at Current Share Prices
We see value in no-moat Tyson Foods’ shares, now sitting in 5-star territory, well below our $85 fair value estimate. We think the current price implies that challenging operating conditions will linger. Meat markets are cyclical, and a return to a more normal backdrop would justify our valuation. Further, we don’t see any structural changes that would warrant a permanent change to profitability.