Shares of YETI Holdings, Inc. (NYSE:YETI – Get Free Report) have been assigned an average rating of “Moderate Buy” from the seventeen research firms that are covering the firm, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $55.20.
Several equities analysts recently weighed in on YETI shares. Raymond James Financial increased their target price on YETI from $55.00 to $56.00 and gave the stock an “outperform” rating in a research report on Thursday, August 13th. UBS Group set a $44.00 price target on YETI in a report on Thursday, October 15th. The Goldman Sachs Group upgraded YETI from a “neutral” rating to a “buy” rating and lifted their price target for the company from $46.00 to $63.00 in a report on Monday, July 20th. Weiss Ratings raised shares of YETI from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, August 21st. Finally, Morgan Stanley cut their price objective on shares of YETI from $49.00 to $48.00 and set an “equal weight” rating on the stock in a report on Tuesday, October 27th.
View Our Latest Stock Analysis on YETI
Hedge Funds Weigh In On YETI
Several institutional investors and hedge funds have recently bought and sold shares of the stock. GAMMA Investing LLC boosted its position in YETI by 4.3% during the 2nd quarter. GAMMA Investing LLC now owns 5,113 shares of the company’s stock worth $253,000 after purchasing an additional 211 shares during the period. Covestor Ltd increased its holdings in YETI by 27.3% in the 3rd quarter. Covestor Ltd now owns 1,479 shares of the company’s stock valued at $60,000 after purchasing an additional 317 shares in the last quarter. Venturi Wealth Management LLC raised its position in YETI by 5.2% in the first quarter. Venturi Wealth Management LLC now owns 8,007 shares of the company’s stock valued at $293,000 after purchasing an additional 396 shares during the period. Elevation Wealth Partners LLC raised its position in 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. Finally, State of Michigan Retirement System lifted its stake in shares of YETI by 2.2% during the first quarter. State of Michigan Retirement System now owns 18,747 shares of the company’s stock worth $686,000 after purchasing an additional 400 shares in the last quarter.
YETI Trading Down 1.2%
Shares of YETI opened at $44.87 on Wednesday. The stock has a fifty day moving average of $41.69 and a two-hundred day moving average of $44.03. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.87 and a current ratio of 1.75. The company has a market capitalization of $3.27 billion, a PE ratio of 19.59, a price-to-earnings-growth ratio of 1.19 and a beta of 1.63. YETI has a fifty-two week low of $32.26 and a fifty-two week high of $53.99.
YETI (NYSE:YETI – Get Free Report) last issued its quarterly earnings results on Thursday, August 13th. The company reported $0.67 earnings per share 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 company had revenue of $483.87 million for the quarter, compared to analyst estimates of $483.80 million. During the same quarter in the prior year, the company posted $0.66 EPS. The business’s revenue for the quarter was up 8.5% compared to the same quarter last year. YETI has set its FY 2026 guidance at 2.940-3.000 EPS. As a group, analysts forecast that YETI will post 2.56 EPS for the current year.
About YETI
YETI Holdings, Inc (NYSE: YETI) designs, markets and distributes premium outdoor products for customers who spend time fishing, hunting, camping, boating and participating in other outdoor activities. The company is headquartered in Austin, Texas, and was founded in 2006 by brothers Roy and Ryan Seiders.
YETI’s product portfolio includes hard and soft coolers, drinkware, insulated bags, outdoor gear, cookware and products for outdoor living. Its offerings are designed to provide durability, insulation and performance in demanding conditions, and are sold under the YETI brand through the company’s website, retail stores and a network of wholesale partners.
The company serves customers primarily in North America while also operating in international markets, including parts of Europe, Australia and Asia.
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