Shares of YETI Holdings, Inc. (NYSE:YETI – Get Free Report) have been given an average recommendation of “Moderate Buy” by the sixteen brokerages that are currently covering the stock, Marketbeat reports. Seven research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $50.4167.
A number of brokerages have recently issued reports on YETI. Stifel Nicolaus set a $42.00 price objective on shares of YETI in a research note on Friday, May 15th. Roth Mkm raised shares of YETI from a “neutral” rating to a “buy” rating and set a $60.00 price objective for the company in a research note on Tuesday, February 17th. Morgan Stanley upped their price objective on shares of YETI from $47.00 to $48.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 19th. Raymond James Financial reaffirmed an “outperform” rating and issued a $55.00 price objective on shares of YETI in a research note on Friday, May 15th. Finally, Weiss Ratings cut shares of YETI from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, May 11th.
View Our Latest Research Report on YETI
YETI Price Performance
YETI (NYSE:YETI – Get Free Report) last announced its quarterly earnings data on Thursday, May 14th. The company reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.09. YETI had a net margin of 8.36% and a return on equity of 22.61%. The company had revenue of $380.41 million during the quarter, compared to analysts’ expectations of $374.73 million. During the same quarter in the prior year, the company earned $0.31 EPS. The firm’s revenue was up 8.3% on a year-over-year basis. YETI has set its FY 2026 guidance at 2.830-2.890 EPS. Equities research analysts expect that YETI will post 2.44 EPS for the current year.
Institutional Investors Weigh In On YETI
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. L. Roy Papp & Associates LLP boosted its holdings in shares of YETI by 0.5% during the 4th quarter. L. Roy Papp & Associates LLP now owns 53,095 shares of the company’s stock valued at $2,345,000 after acquiring an additional 240 shares during the last quarter. Cardinal Point Capital Management ULC boosted its holdings in shares of YETI by 0.7% in the fourth quarter. Cardinal Point Capital Management ULC now owns 41,845 shares of the company’s stock worth $1,848,000 after buying an additional 300 shares during the last quarter. SBI Securities Co. Ltd. boosted its holdings in shares of YETI by 91.2% in 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. PNC Financial Services Group Inc. boosted its holdings in shares of YETI by 6.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 5,670 shares of the company’s stock worth $250,000 after buying an additional 321 shares during the last quarter. Finally, IFP Advisors Inc boosted its holdings in shares of YETI by 35.4% in the fourth quarter. IFP Advisors Inc now owns 1,250 shares of the company’s stock worth $55,000 after buying an additional 327 shares during the last quarter.
About YETI
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.
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