Investopedia: Tyson Already Looks Overcooked

When last I reviewed Tyson Foods (NYSE: TSN), I commented that it would be an interesting stock to buy around one times book value. As it turns out, the stock briefly touched that level and had a decent run from there. Now, though, it seems there are growing expectations of improvement in the chicken market and sustainable profitability in beef and pork; so much so that there really doesn't seem to be much upside left in these shares.


Familiar Challenges Close Out the Fiscal Year 
A lot of what went on in Tyson's fiscal fourth quarter will sound familiar. Sales growth looked impressive at nearly 13%, with very strong price growth in excess of 12% and very modest volume growth of less than 1%. Top line growth was led up an impressive 16% in beef, where prices rose almost 19%, and 14% in pork. Chicken revenue rose a more sedate 9% and prepared food revenue rose less than 4%, on a nearly 3% decline in volume.


Read more here:
http://stocks.investopedia.com/stock-analysis/2011/Tyson-Already-Looks-Overcooked-TSN-PPC-SAFM-HRL-SLE-HNZ-KFT-GIS1124.aspx