Wall Street Zen cut shares of YETI (NYSE:YETI – Free Report) from a buy rating to a hold rating in a report published on Saturday morning,Wall Street Zen reports.
Several other equities research analysts have also recently issued reports on the company. Bank of America boosted their price target on YETI from $44.00 to $48.00 and gave the company a “neutral” rating in a research note on Friday, August 14th. Roth Capital restated a “buy” rating and set a $62.00 price objective on shares of YETI in a research note on Friday, August 14th. Canaccord Genuity Group lifted their price objective on YETI from $45.00 to $46.00 and gave the company a “hold” rating in a report on Monday, September 28th. Weiss Ratings upgraded YETI from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, August 21st. Finally, Jefferies Financial Group reissued a “buy” rating and set a $80.00 target price on shares of YETI in a report on Thursday, August 13th. Thirteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $55.20.
View Our Latest Research Report on YETI
YETI Price Performance
NYSE:YETI opened at $45.00 on Friday. YETI has a one year low of $34.76 and a one year high of $53.99. The company has a market cap of $3.28 billion, a P/E ratio of 19.65, a P/E/G ratio of 1.18 and a beta of 1.63. The firm’s fifty day moving average price is $41.98 and its two-hundred day moving average price is $43.99. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.75 and a quick ratio of 0.87.
YETI (NYSE:YETI – Get Free Report) last posted 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 net margin of 9.24% and a return on equity of 23.79%. The company had revenue of $483.87 million during the quarter, compared to analysts’ expectations of $483.80 million. During the same quarter last year, the company posted $0.66 EPS. YETI’s quarterly revenue was up 8.5% compared to the same quarter last year. YETI has set its FY 2026 guidance at 2.940-3.000 EPS. Equities analysts expect that YETI will post 2.56 earnings per share for the current year.
Institutional Trading of YETI
Institutional investors and hedge funds have recently bought and sold shares of the stock. William Blair Investment Management LLC boosted its stake in YETI by 47.5% during the 3rd quarter. William Blair Investment Management LLC now owns 401,442 shares of the company’s stock valued at $16,467,000 after purchasing an additional 129,266 shares during the last quarter. Fifth Third Bancorp increased its holdings in YETI by 1.3% during the 3rd quarter. Fifth Third Bancorp now owns 28,092 shares of the company’s stock worth $1,152,000 after purchasing an additional 370 shares in the last quarter. Alps Advisors Inc. purchased a new stake in shares of YETI in the third quarter worth approximately $583,000. Kestra Advisory Services LLC purchased a new stake in shares of YETI in the third quarter worth approximately $257,000. Finally, Chicago Partners Investment Group LLC raised its stake in shares of YETI by 2.0% in the third quarter. Chicago Partners Investment Group LLC now owns 23,604 shares of the company’s stock worth $1,010,000 after purchasing an additional 471 shares during the last quarter.
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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