YETI Holdings, Inc. (NYSE:YETI) Receives $43.08 Average PT from Analysts

Shares of YETI Holdings, Inc. (NYSE:YETI) have received a consensus recommendation of “Hold” from the fifteen analysts that are currently covering the stock, Marketbeat.com reports. Eight research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $44.4167.

A number of analysts have recently commented on YETI shares. KeyCorp upgraded shares of YETI from a “sector weight” rating to an “overweight” rating and set a $57.00 target price on the stock in a report on Friday, January 16th. William Blair reissued an “outperform” rating on shares of YETI in a research report on Tuesday, November 11th. Morgan Stanley set a $48.00 price objective on shares of YETI in a research note on Friday, January 16th. UBS Group raised their target price on shares of YETI from $38.00 to $51.00 and gave the company a “neutral” rating in a research note on Wednesday, January 14th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of YETI in a report on Wednesday, January 21st.

Insider Transactions at YETI

In other YETI news, SVP Bryan C. Barksdale sold 9,756 shares of YETI stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $45.32, for a total transaction of $442,141.92. Following the completion of the transaction, the senior vice president 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.08% of the company’s stock.

Hedge Funds Weigh In On YETI

Several large investors have recently modified their holdings of the stock. Richardson Financial Services Inc. purchased a new stake in YETI during the 4th quarter valued at about $25,000. Blue Trust Inc. raised its holdings in YETI by 2,079.3% in the fourth quarter. Blue Trust Inc. now owns 632 shares of the company’s stock worth $28,000 after buying an additional 603 shares during the last quarter. IFP Advisors Inc lifted its stake in shares of YETI by 4,552.6% in the second quarter. IFP Advisors Inc now owns 884 shares of the company’s stock worth $30,000 after buying an additional 865 shares in the last quarter. True Wealth Design LLC lifted its stake in shares of YETI by 141.1% in the third quarter. True Wealth Design LLC now owns 885 shares of the company’s stock worth $29,000 after buying an additional 518 shares in the last quarter. Finally, UMB Bank n.a. grew its holdings in shares of YETI by 109.3% during the second quarter. UMB Bank n.a. now owns 896 shares of the company’s stock valued at $28,000 after buying an additional 468 shares during the last quarter.

YETI Stock Performance

YETI stock opened at $46.47 on Monday. YETI has a fifty-two week low of $26.61 and a fifty-two week high of $51.29. The stock’s 50 day simple moving average is $45.08 and its two-hundred day simple moving average is $38.62. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.16 and a current ratio of 2.16. The stock has a market cap of $3.62 billion, a price-to-earnings ratio of 24.20, a PEG ratio of 2.61 and a beta of 1.77.

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

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.