YETI Holdings, Inc. (NYSE:YETI) Given Consensus Recommendation of “Hold” by Analysts

Shares of YETI Holdings, Inc. (NYSE:YETI) have been assigned an average rating of “Hold” from the fifteen analysts that are currently covering the firm, Marketbeat Ratings reports. Eight equities research analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $43.0833.

A number of equities research analysts recently weighed in on YETI shares. B. Riley restated a “neutral” rating and issued a $35.00 target price (up previously from $32.00) on shares of YETI in a report on Monday, November 10th. Stifel Nicolaus increased their price objective on YETI from $34.00 to $43.00 and gave the stock a “hold” rating in a research note on Friday, December 12th. KeyCorp raised YETI from a “sector weight” rating to an “overweight” rating and set a $57.00 target price on the stock in a research report on Friday, January 16th. Weiss Ratings reiterated a “hold (c)” rating on shares of YETI in a report on Wednesday. Finally, UBS Group raised their price objective on YETI from $38.00 to $51.00 and gave the company a “neutral” rating in a research note on Wednesday, January 14th.

YETI Price Performance

Shares of YETI opened at $47.43 on Monday. The business’s fifty day moving average is $44.43 and its 200 day moving average is $38.35. YETI has a 12-month low of $26.61 and a 12-month high of $51.29. The company has a quick ratio of 1.16, a current ratio of 2.16 and a debt-to-equity ratio of 0.10. The stock has a market cap of $3.69 billion, a P/E ratio of 24.70, a P/E/G ratio of 2.61 and a beta of 1.77.

YETI (NYSE:YETI) last released its quarterly earnings data on Thursday, November 6th. The company reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.04. YETI had a net margin of 8.75% and a return on equity of 23.62%. The firm had revenue of $487.77 million for the quarter, compared to the consensus estimate of $480.08 million. During the same quarter in the prior year, the company posted $0.71 earnings per share. The business’s revenue was up 1.9% on a year-over-year basis. YETI has set its FY 2025 guidance at 2.380-2.490 EPS. Sell-side analysts anticipate that YETI will post 2.57 earnings per share for the current fiscal year.

Insider Buying and Selling at YETI

In related news, SVP Bryan C. Barksdale sold 9,756 shares of the business’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $45.32, for a total transaction of $442,141.92. Following the transaction, the senior vice president directly owned 56,397 shares in the company, valued at approximately $2,555,912.04. The trade was a 14.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.08% of the stock is owned by insiders.

Hedge Funds Weigh In On YETI

Hedge funds have recently modified their holdings of the company. Farther Finance Advisors LLC boosted its stake in shares of YETI by 3,097.8% in the 4th quarter. Farther Finance Advisors LLC now owns 5,692 shares of the company’s stock worth $251,000 after buying an additional 5,514 shares during the last quarter. Assetmark Inc. lifted its holdings in YETI by 5.3% during the fourth quarter. Assetmark Inc. now owns 7,777 shares of the company’s stock worth $344,000 after acquiring an additional 389 shares during the period. Baillie Gifford & Co. lifted its holdings in YETI by 50.9% during the fourth quarter. Baillie Gifford & Co. now owns 3,945,196 shares of the company’s stock worth $174,259,000 after acquiring an additional 1,330,278 shares during the period. Richardson Financial Services Inc. purchased a new position in YETI in the fourth quarter worth $25,000. Finally, Venturi Wealth Management LLC increased its position in shares of YETI by 7.7% during the 4th quarter. Venturi Wealth Management LLC now owns 7,611 shares of the company’s stock valued at $336,000 after purchasing an additional 546 shares during the last quarter.

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.