YETI Holdings, Inc. (NYSE:YETI) Given Consensus Rating of “Moderate Buy” by Analysts

YETI Holdings, Inc. (NYSE:YETIGet Free Report) has been given a consensus rating of “Moderate Buy” by the sixteen analysts that are presently covering the company, Marketbeat Ratings reports. Seven analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $50.4167.

A number of research analysts recently weighed in on the stock. Robert W. Baird increased their price objective on shares of YETI from $54.00 to $55.00 and gave the company an “outperform” rating in a research report on Friday, May 15th. Raymond James Financial reaffirmed an “outperform” rating and set a $55.00 target price on shares of YETI in a report on Friday, May 15th. Stifel Nicolaus set a $42.00 target price on shares of YETI in a report on Friday, May 15th. Wall Street Zen cut shares of YETI from a “buy” rating to a “hold” rating in a report on Sunday. Finally, Canaccord Genuity Group upped their target price on shares of YETI from $42.00 to $45.00 and gave the company a “hold” rating in a report on Tuesday.

Read Our Latest Research Report on YETI

Institutional Trading of YETI

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Redwood Investment Management LLC increased its holdings in YETI by 14.8% during the first quarter. Redwood Investment Management LLC now owns 28,707 shares of the company’s stock valued at $1,050,000 after buying an additional 3,708 shares during the last quarter. Parallel Advisors LLC increased its holdings in YETI by 50.9% during the first quarter. Parallel Advisors LLC now owns 2,446 shares of the company’s stock valued at $89,000 after buying an additional 825 shares during the last quarter. Edgestream Partners L.P. purchased a new stake in YETI during the first quarter valued at approximately $4,406,000. Janus Henderson Group PLC increased its holdings in YETI by 4.3% during the first quarter. Janus Henderson Group PLC now owns 367,082 shares of the company’s stock valued at $13,432,000 after buying an additional 15,154 shares during the last quarter. Finally, Amundi increased its holdings in YETI by 56.7% during the first quarter. Amundi now owns 15,756 shares of the company’s stock valued at $577,000 after buying an additional 5,703 shares during the last quarter.

YETI Stock Up 3.4%

Shares of YETI stock opened at $49.61 on Thursday. The company has a market cap of $3.76 billion, a price-to-earnings ratio of 25.31, a price-to-earnings-growth ratio of 1.51 and a beta of 1.74. The company’s 50 day moving average is $44.16 and its 200 day moving average is $43.72. YETI has a twelve month low of $29.81 and a twelve month high of $51.89. The company has a quick ratio of 1.06, a current ratio of 2.10 and a debt-to-equity ratio of 0.10.

YETI (NYSE:YETIGet Free Report) last issued its quarterly earnings data on Thursday, May 14th. The company reported $0.26 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.09. The company had revenue of $380.41 million for the quarter, compared to the consensus estimate of $374.73 million. YETI had a net margin of 8.36% and a return on equity of 22.61%. The firm’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.31 earnings per share. YETI has set its FY 2026 guidance at 2.830-2.890 EPS. Research analysts anticipate that YETI will post 2.44 EPS for the current year.

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.

Read More

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.