YETI (NYSE:YETI) Raised to Buy at Wall Street Zen

YETI (NYSE:YETI) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Saturday.

Several other research analysts have also weighed in on the stock. Roth Mkm raised shares of YETI from a “neutral” rating to a “buy” rating and set a $60.00 price objective on the stock in a research note on Tuesday, February 17th. KeyCorp raised shares of YETI from a “sector weight” rating to an “overweight” rating and set a $57.00 price objective on the stock in a research note on Friday, January 16th. Robert W. Baird lifted their price objective on shares of YETI from $52.00 to $54.00 and gave the stock an “outperform” rating in a research note on Friday, February 20th. UBS Group reduced their price objective on shares of YETI from $47.00 to $40.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 7th. Finally, Piper Sandler lifted their price target on shares of YETI from $43.00 to $54.00 and gave the company an “overweight” rating in a research note on Tuesday, February 17th. Nine equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, YETI presently has a consensus rating of “Moderate Buy” and a consensus price target of $49.15.

YETI Stock Up 0.1%

YETI stock opened at $36.72 on Friday. The company’s 50 day simple moving average is $41.36 and its 200 day simple moving average is $40.88. YETI has a fifty-two week low of $26.61 and a fifty-two week high of $51.29. The firm has a market capitalization of $2.78 billion, a price-to-earnings ratio of 18.09 and a beta of 1.80. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.98 and a quick ratio of 1.11.

YETI (NYSE:YETI) last released its quarterly earnings data on Thursday, February 19th. The company reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.04. YETI had a net margin of 8.85% and a return on equity of 22.53%. The business had revenue of $583.71 million for the quarter, compared to analyst estimates of $582.43 million. During the same quarter last year, the firm earned $1.00 EPS. YETI’s quarterly revenue was up 6.8% compared to the same quarter last year. YETI has set its FY 2026 guidance at 2.770-2.830 EPS. As a group, sell-side analysts anticipate that YETI will post 2.57 EPS for the current year.

Hedge Funds Weigh In On YETI

Institutional investors have recently added to or reduced their stakes in the company. Richardson Financial Services Inc. acquired a new position in YETI during the fourth quarter worth $25,000. Blue Trust Inc. increased its holdings in YETI by 2,079.3% during the fourth quarter. Blue Trust Inc. now owns 632 shares of the company’s stock worth $28,000 after buying an additional 603 shares during the last quarter. True Wealth Design LLC increased its holdings in YETI by 141.1% during the third quarter. True Wealth Design LLC now owns 885 shares of the company’s stock worth $29,000 after buying an additional 518 shares during the last quarter. SBI Securities Co. Ltd. increased its holdings in YETI by 91.2% during the fourth quarter. SBI Securities Co. Ltd. now owns 648 shares of the company’s stock worth $29,000 after buying an additional 309 shares during the last quarter. Finally, Quarry LP acquired a new position in YETI during the third quarter worth $30,000.

YETI Company Profile

YETI Holdings, Inc is an American outdoor and lifestyle products company known for its premium, performance-driven coolers, drinkware and accessories. The company’s portfolio includes hard coolers under its flagship Tundra series, soft coolers in the Hopper line, and vacuum-insulated drinkware sold under the Rambler brand. YETI’s products are engineered for durability, temperature retention and rugged outdoor use, targeting consumers ranging from avid anglers and hunters to outdoor enthusiasts and everyday users seeking high-quality insulated containers.

Founded in 2006 by brothers Roy and Ryan Seiders in Austin, Texas, YETI began with a focus on building a better cooler that could withstand extreme conditions and maintain ice retention longer than traditional alternatives.