Tyson Foods, Inc. (TSN) grew with the stock adding 0.41% or $0.25 to close at $61.46 on light trading volume of 2.44M compared its three months average trading volume of 3.93M. The Springdale Arkansas 72762 based company operating under the Meat Products industry has been trending up for the last 52 weeks, with the shares price now 15.91% up for the period and down by -0.36% so far this year. With price target of $70.5 and a 27.99% rebound from 52-week low, Tyson Foods, Inc. has plenty of upside potential, making it a hold with a view buy.
Tyson Foods, Inc., together with its subsidiaries, operates as a food company worldwide. It operates through four segments: Chicken, Beef, Pork, and Prepared Foods. The company raises and processes chickens into fresh, frozen, and value-added chicken products; processes live fed cattle and live market hogs; and fabricates dressed beef and pork carcasses into primal and sub-primal meat cuts, as well as case ready beef and pork, and fully-cooked meats. It also supplies poultry breeding stock; sells allied products, such as hide and meats; and manufactures and markets frozen and refrigerated food products, including pepperoni, bacon, breakfast sausage, turkey, lunchmeat, hot dogs, pizza crusts and toppings, flour and corn tortilla products, desserts, appetizers, snacks, prepared meals, ethnic foods, soups, sauces, side dishes, meat dishes, breadsticks, and processed meats. Tyson Foods, Inc. offers its products primarily under the Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Van’s, Sara Lee, Chef Pierre, Wright, Aidells, State Fair, Gallo Salame, and Golden Island brands. The company sells its products through its sales staff to grocery retailers, grocery wholesalers, meat distributors, warehouse club stores, military commissaries, industrial food processing companies, chain restaurants or their distributors, live markets, international export companies, and domestic distributors, as well as through independent brokers and trading companies. Tyson Foods, Inc. was founded in 1935 and is headquartered in Springdale, Arkansas.
CarMax Inc. (KMX) had a active trading with around 2.43M shares changing hands compared to its three month average trading volume of 2.29M. The stock traded between $66.25 and $68.06 before closing at the price of $66.89 with 1.84% change on the day. The Richmond Virginia 23238 based company is currently trading 62.16% above its 52 week low of $41.25 and -1.05% below its 52 week high of $68.06. Both the RSI indicator and target price of and $66.93 respectively, lead us to believe that it could rise over the coming weeks.
CarMax Inc., through its subsidiaries, operates as a retailer of used vehicles in the United States. The company operates in two segments, CarMax Sales Operations and CarMax Auto Finance. It offers customers a range of makes and models of used vehicles, including domestic and imported vehicles; sells vehicles that do not meet its retail standards to licensed dealers through on-site wholesale auctions; and provides extended protection plans to customers at the time of sale. The company also offers reconditioning and vehicle repair services; and provides financing alternatives for retail customers across a range of credit spectrum through its CarMax Auto Finance and arrangements with other financial institutions. In addition, it sells new vehicles under franchise agreements. As of December 20, 2016, the company operated 169 used car stores in 39 states. The company was founded in 1993 and is based in Richmond, Virginia.
L Brands, Inc. (LB) saw its value decrease by -0.13% as the stock dropped $-0.08 to finish the day at a closing price of $61.27. The stock was higher in trading and has fluctuated between $60-$97.35 per share for the past year. The shares, which traded within a range of $60.55 to $61.57 during the day, are down by -12.39% in the past three months and down by -11.13% over the past six months. It is currently trading -8.81% below its 20 day moving average and -10.84% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $70.32 a share over the next twelve months. The current relative strength index (RSI) reading is 27.45.The technical indicator lead us to believe the stock will reverse recent losses any time soon.
L Brands, Inc. operates as a specialty retailer of womens intimate and other apparel, beauty and personal care products, and accessories. The company operates in three segments: Victorias Secret, Bath & Body Works, and Victoria’s Secret and Bath & Body Works International. Its products include loungewear, bras, panties, swimwear, athletic attire, fragrances, shower gels and lotions, aromatherapy, soaps and sanitizers, home fragrances, handbags, jewelry, and personal care accessories. The company offers its products under the Victorias Secret, Pink, Bath & Body Works, La Senza, Henri Bendel, C.O. Bigelow, White Barn Candle Company, and other brand names. L Brands, Inc. sells its merchandise through company-owned specialty retail stores in the United States, Canada, and the United Kingdom, which are primarily mall-based; through its Websites; and through franchises, licenses, and wholesale partners. As of January 31, 2016, the company operated 2,721 retail stores in the United States; 270 retail stores in Canada; and 14 retail stores in the United Kingdom. It also operated 221 La Senza stores in 29 countries; 125 Bath & Body Works stores in 30 countries; 19 Victoria’s Secret stores in 7 Middle Eastern countries; and 373 Victorias Secret Beauty and Accessories stores, and various small-format locations in approximately 75 countries. The company was formerly known as Limited Brands, Inc. and changed its name to L Brands, Inc. in March 2013. L Brands, Inc. was founded in 1963 and is headquartered in Columbus, Ohio.