YETI (NYSE:YETI) Price Target Raised to $45.00

YETI (NYSE:YETIGet Free Report) had its price target boosted by equities researchers at Canaccord Genuity Group from $42.00 to $45.00 in a report released on Tuesday,Benzinga reports. The brokerage currently has a “hold” rating on the stock. Canaccord Genuity Group’s target price would suggest a potential downside of 5.53% from the company’s current price.

YETI has been the subject of several other reports. Wall Street Zen lowered shares of YETI from a “buy” rating to a “hold” rating in a research report on Sunday. Morgan Stanley set a $45.00 price objective on shares of YETI in a research report on Tuesday. Robert W. Baird lifted their price objective on shares of YETI from $54.00 to $55.00 and gave the stock an “outperform” rating in a report on Friday, May 15th. Weiss Ratings lowered shares of YETI from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Finally, Stifel Nicolaus set a $42.00 price target on YETI in a research report on Friday, May 15th. Nine equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $50.42.

Read Our Latest Stock Report on YETI

YETI Price Performance

Shares of YETI stock traded down $0.31 during trading on Tuesday, hitting $47.63. The stock had a trading volume of 68,937 shares, compared to its average volume of 1,508,223. The firm has a market cap of $3.61 billion, a price-to-earnings ratio of 24.28, a P/E/G ratio of 1.54 and a beta of 1.74. YETI has a 12 month low of $29.81 and a 12 month high of $51.89. The business’s 50-day moving average is $43.68 and its 200 day moving average is $43.64. The company has a current ratio of 2.10, a quick ratio of 1.06 and a debt-to-equity ratio of 0.10.

YETI (NYSE:YETIGet Free Report) last posted its earnings results on Thursday, May 14th. The company reported $0.26 EPS for the quarter, topping the consensus estimate of $0.17 by $0.09. The business had revenue of $380.41 million during the quarter, compared to analysts’ expectations of $374.73 million. YETI had a return on equity of 22.61% and a net margin of 8.36%.The firm’s revenue was up 8.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.31 earnings per share. YETI has set its FY 2026 guidance at 2.830-2.890 EPS. As a group, sell-side analysts anticipate that YETI will post 2.44 earnings per share for the current year.

Institutional Investors Weigh In On YETI

Several institutional investors have recently added to or reduced their stakes in YETI. Dean Capital Management increased its stake in shares of YETI by 40.2% during the third quarter. Dean Capital Management now owns 107,565 shares of the company’s stock valued at $3,569,000 after purchasing an additional 30,822 shares in the last quarter. Congress Asset Management Co. boosted its holdings in YETI by 4.8% in the fourth quarter. Congress Asset Management Co. now owns 1,293,164 shares of the company’s stock worth $57,119,000 after acquiring an additional 59,474 shares in the last quarter. SG Americas Securities LLC increased its holdings in shares of YETI by 16,553.6% during the fourth quarter. SG Americas Securities LLC now owns 747,747 shares of the company’s stock valued at $33,028,000 after acquiring an additional 743,257 shares in the last quarter. Baillie Gifford & Co. raised its position in shares of YETI by 50.9% in the 4th quarter. Baillie Gifford & Co. now owns 3,945,196 shares of the company’s stock worth $174,259,000 after purchasing an additional 1,330,278 shares during the last quarter. Finally, Cresset Asset Management LLC boosted its stake in YETI by 40.4% in the 3rd quarter. Cresset Asset Management LLC now owns 78,292 shares of the company’s stock worth $2,598,000 after purchasing an additional 22,521 shares in the last quarter.

YETI Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for YETI (NYSE:YETI)

Receive News & Ratings for YETI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for YETI and related companies with MarketBeat.com's FREE daily email newsletter.