YETI (NYSE:YETI) Reaches New 52-Week High – Still a Buy?

Shares of YETI Holdings, Inc. (NYSE:YETI) reached a new 52-week high on Friday . The company traded as high as $51.49 and last traded at $50.4650, with a volume of 42846 shares trading hands. The stock had previously closed at $50.68.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on YETI shares. Robert W. Baird boosted their price objective on YETI from $54.00 to $55.00 and gave the stock an “outperform” rating in a research note on Friday, May 15th. B. Riley Financial upgraded YETI from a “neutral” rating to a “buy” rating and raised their target price for the company from $35.00 to $54.00 in a research note on Friday, February 20th. Raymond James Financial reaffirmed an “outperform” rating and issued a $55.00 price target on shares of YETI in a report on Friday, May 15th. UBS Group decreased their price objective on shares of YETI from $47.00 to $40.00 and set a “neutral” rating on the stock in a report on Tuesday, April 7th. Finally, Weiss Ratings cut shares of YETI from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Nine investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $50.42.

YETI Price Performance

The stock has a 50-day simple moving average of $42.00 and a 200 day simple moving average of $43.27. The stock has a market capitalization of $3.83 billion, a P/E ratio of 25.79, a price-to-earnings-growth ratio of 1.52 and a beta of 1.74. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.06 and a current ratio of 2.10.

YETI (NYSE:YETI) last released its earnings results on Thursday, May 14th. The company reported $0.26 earnings per share for the quarter, topping 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 during the quarter, compared to the consensus estimate of $374.73 million. During the same quarter in the previous year, the company posted $0.31 earnings per share. The firm’s quarterly revenue was up 8.3% on a year-over-year basis. YETI has set its FY 2026 guidance at 2.830-2.890 EPS. On average, equities analysts forecast that YETI Holdings, Inc. will post 2.44 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of YETI. Richardson Financial Services Inc. acquired a new stake in shares of YETI during the 4th quarter worth approximately $25,000. Blue Trust Inc. lifted its holdings in YETI by 2,079.3% in the fourth quarter. Blue Trust Inc. now owns 632 shares of the company’s stock valued at $28,000 after buying an additional 603 shares during the period. SBI Securities Co. Ltd. boosted its stake 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 acquiring an additional 309 shares during the last quarter. Quarry LP bought a new position in YETI in the third quarter valued at approximately $30,000. Finally, Abich Financial Wealth Management LLC acquired a new stake in YETI during the 3rd quarter worth $39,000.

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.