LADENBURG THALM/SH SH assumed coverage on shares of YETI (NYSE:YETI – Free Report) in a research report released on Tuesday, Marketbeat reports. The brokerage issued a buy rating and a $52.00 price target on the stock.
Other research analysts have also recently issued research reports about the company. Robert W. Baird increased their price objective on YETI from $55.00 to $57.00 and gave the stock an “outperform” rating in a research report on Friday, August 14th. Wall Street Zen raised YETI from a “hold” rating to a “buy” rating in a report on Saturday, July 4th. Bank of America upped their price target on shares of YETI from $44.00 to $48.00 and gave the stock a “neutral” rating in a research note on Friday, August 14th. Canaccord Genuity Group increased their price target on shares of YETI from $45.00 to $46.00 and gave the company a “hold” rating in a report on Monday, September 28th. Finally, Roth Capital reiterated a “buy” rating and issued a $62.00 price objective on shares of YETI in a research note on Friday, August 14th. Thirteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $55.27.
View Our Latest Stock Report on YETI
YETI Stock Performance
NYSE YETI opened at $42.03 on Tuesday. 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 business’s 50 day moving average is $42.37 and its two-hundred day moving average is $44.25. YETI has a 12-month low of $32.26 and a 12-month high of $53.99. The stock has a market capitalization of $3.07 billion, a price-to-earnings ratio of 18.35, a PEG ratio of 1.06 and a beta of 1.68.
YETI (NYSE:YETI – Get Free Report) last issued its earnings results on Thursday, August 13th. The company reported $0.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.54 by $0.13. YETI had a return on equity of 23.79% and a net margin of 9.24%. The business had revenue of $483.87 million during the quarter, compared to the consensus estimate of $483.80 million. During the same period in the prior year, the business posted $0.66 EPS. The company’s revenue for the quarter was up 8.5% on a year-over-year basis. YETI has set its FY 2026 guidance at 2.940-3.000 EPS. Research analysts expect that YETI will post 2.58 EPS for the current year.
Institutional Trading of YETI
A number of institutional investors have recently bought and sold shares of the company. Elevation Wealth Partners LLC increased its position 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 buying an additional 396 shares in the last quarter. SJS Investment Consulting Inc. raised its position in YETI by 56.0% during the first quarter. SJS Investment Consulting Inc. now owns 1,385 shares of the company’s stock worth $51,000 after acquiring an additional 497 shares during the last quarter. Parallel Advisors LLC raised its position in YETI by 50.9% during the first quarter. Parallel Advisors LLC now owns 2,446 shares of the company’s stock worth $89,000 after acquiring an additional 825 shares during the last quarter. Nykredit A S acquired a new position in YETI during the second quarter worth about $101,000. Finally, Leonteq Securities AG lifted its holdings in shares of YETI by 948.3% in the first quarter. Leonteq Securities AG now owns 3,344 shares of the company’s stock valued at $122,000 after purchasing an additional 3,025 shares in the last quarter.
About YETI
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.
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