YETI (NYSE:YETI) Upgraded by Wall Street Zen to “Buy” Rating

YETI (NYSE:YETI) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued to investors on Saturday.

A number of other equities research analysts have also recently weighed in on YETI. 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. Robert W. Baird increased their target price on YETI from $54.00 to $55.00 and gave the stock an “outperform” rating in a research note on Friday, May 15th. Weiss Ratings cut YETI from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, May 11th. Canaccord Genuity Group lifted their target price on YETI from $42.00 to $45.00 and gave the company a “hold” rating in a research report on Tuesday, June 23rd. Finally, Morgan Stanley set a $45.00 price target on shares of YETI in a research note on Tuesday, June 23rd. Nine equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $50.42.

YETI Stock Down 0.3%

YETI stock opened at $49.54 on Friday. YETI has a fifty-two week low of $30.51 and a fifty-two week high of $51.89. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.06 and a current ratio of 2.10. The firm has a 50 day moving average price of $45.53 and a 200 day moving average price of $44.01. The company has a market capitalization of $3.75 billion, a PE ratio of 25.28, a price-to-earnings-growth ratio of 1.57 and a beta of 1.73.

YETI (NYSE:YETI) last announced its earnings results 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 return on equity of 22.61% and a net margin of 8.36%.The company had revenue of $380.41 million for the quarter, compared to analyst estimates of $374.73 million. During the same quarter in the previous year, the company earned $0.31 earnings per share. The firm’s quarterly revenue was up 8.3% compared to the same quarter last year. YETI has set its FY 2026 guidance at 2.830-2.890 EPS. Research analysts expect that YETI will post 2.44 earnings per share for the current year.

Institutional Trading of YETI

Large investors have recently modified their holdings of the stock. L. Roy Papp & Associates LLP increased its position in shares of YETI by 0.5% during the fourth quarter. L. Roy Papp & Associates LLP now owns 53,095 shares of the company’s stock worth $2,345,000 after acquiring an additional 240 shares during the period. Cardinal Point Capital Management ULC boosted its holdings in YETI by 0.7% in the fourth quarter. Cardinal Point Capital Management ULC now owns 41,845 shares of the company’s stock valued at $1,848,000 after purchasing an additional 300 shares during the period. SBI Securities Co. Ltd. boosted its holdings in YETI by 91.2% in the fourth quarter. SBI Securities Co. Ltd. now owns 648 shares of the company’s stock valued at $29,000 after purchasing an additional 309 shares during the period. PNC Financial Services Group Inc. grew its stake in YETI by 6.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,670 shares of the company’s stock worth $250,000 after purchasing an additional 321 shares in the last quarter. Finally, IFP Advisors Inc grew its stake in YETI by 35.4% during the 4th quarter. IFP Advisors Inc now owns 1,250 shares of the company’s stock worth $55,000 after purchasing an additional 327 shares in 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.