YETI Holdings, Inc. (NYSE:YETI) Stock Has Average Price Target of $56.00 According to Analysts

YETI Holdings, Inc. (NYSE:YETI – Get Free Report) has been assigned an average rating of “Moderate Buy” from the sixteen ratings firms that are currently covering the company, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $56.00.

A number of brokerages recently commented on YETI. Piper Sandler lifted their price objective on YETI from $54.00 to $58.00 and gave the stock an “overweight” rating in a research report on Monday, August 10th. Bank of America upped their target price on YETI from $44.00 to $48.00 and gave the company a “neutral” rating in a report on Friday, August 14th. Robert W. Baird raised their target price on YETI from $55.00 to $57.00 and gave the stock an “outperform” rating in a research note on Friday, August 14th. Weiss Ratings upgraded YETI from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, August 21st. Finally, Morgan Stanley boosted their price target on shares of YETI from $48.00 to $49.00 and gave the company an “equal weight” rating in a research report on Thursday, August 20th.

View Our Latest Stock Analysis on YETI

Hedge Funds Weigh In On YETI

A number of institutional investors have recently bought and sold shares of YETI. Elevation Wealth Partners LLC boosted its stake in shares of YETI by 80.5% in the third quarter. Elevation Wealth Partners LLC now owns 888 shares of the company’s stock valued at $36,000 after purchasing an additional 396 shares during the period. SJS Investment Consulting Inc. grew its holdings in shares of YETI by 56.0% in the first quarter. SJS Investment Consulting Inc. now owns 1,385 shares of the company’s stock valued at $51,000 after purchasing an additional 497 shares in the last quarter. Nykredit A S purchased a new stake in YETI during the 2nd quarter worth approximately $101,000. Parallel Advisors LLC increased its stake in YETI by 50.9% during the 1st quarter. Parallel Advisors LLC now owns 2,446 shares of the company’s stock worth $89,000 after buying an additional 825 shares during the period. Finally, Vestcor Inc acquired a new stake in YETI during the 4th quarter worth approximately $112,000.

YETI Stock Up 0.4%

Shares of NYSE YETI opened at $39.77 on Friday. YETI has a 12-month low of $31.66 and a 12-month high of $53.99. The stock has a market cap of $2.90 billion, a PE ratio of 17.37, a P/E/G ratio of 1.03 and a beta of 1.68. The company has a current ratio of 1.75, a quick ratio of 0.87 and a debt-to-equity ratio of 0.16. The company has a 50-day moving average of $43.29 and a 200 day moving average of $44.09.

YETI (NYSE:YETI – Get Free Report) last released its quarterly earnings data on Thursday, August 13th. The company reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.13. The company had revenue of $483.87 million during the quarter, compared to the consensus estimate of $483.80 million. YETI had a net margin of 9.24% and a return on equity of 23.79%. YETI’s quarterly revenue was up 8.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.66 EPS. YETI has set its FY 2026 guidance at 2.940-3.000 EPS. As a group, sell-side analysts predict that YETI will post 2.58 EPS for the current fiscal year.

About YETI

(Get Free Report)

YETI Holdings, Inc is a designer, retailer and distributor of premium outdoor products. Founded in 2006 by brothers Roy and Ryan Seiders, the company is headquartered in Austin, Texas, and focuses on products designed for outdoor recreation, travel and everyday use.

YETI’s product portfolio includes insulated drinkware, hard and soft coolers, outdoor gear, bags, luggage, cookware, outdoor living products and related accessories. Its offerings are marketed for activities such as fishing, hunting, camping, boating, sporting events and other outdoor pursuits, with an emphasis on durability and performance.

The company sells its products through its direct-to-consumer website, company-operated retail stores and third-party retailers and distributors.

Further Reading

Analyst Recommendations for YETI (NYSE:YETI)

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