YETI (NYSE:YETI) Stock Breaks Below 200-Day Moving Average – Here’s Why

YETI Holdings, Inc. (NYSE:YETI)’s stock price passed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $43.93 and traded as low as $42.13. YETI shares last traded at $42.81, with a volume of 4,827,593 shares trading hands.

YETI News Roundup

Investors following YETI have been watching these news items:

• Positive Sentiment: Third-quarter EPS was $0.91, above the roughly $0.84 consensus, while adjusted sales rose 6% to $518 million. International sales increased 19% to $119 million, offering a bright spot. Article: YETI: 3 Key Takeaways for Long-Term Investors
• Negative Sentiment: YETI’s reported revenue of $509.4 million missed analyst expectations of about $523.1 million. The company cut its 2026 adjusted sales growth outlook to about 6%, from 7%–8% previously, and lowered its earnings outlook. Management cited consumer caution and softer demand in the U.S. and Canada, raising concerns about holiday-season sales. Article: Yeti Cuts Year Outlook on Consumer Caution
• Negative Sentiment: Piper Sandler downgraded YETI from “overweight” to “neutral” and cut its price target to $39 from $58. Canaccord also moved to “hold,” while multiple other analysts reduced targets, reinforcing the cautious outlook. Piper Sandler rating

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Canaccord Genuity Group lowered their target price on YETI from $46.00 to $42.00 and set a “hold” rating for the company in a report on Friday. Stifel Nicolaus lowered their target price on shares of YETI from $50.00 to $48.00 and set a “buy” rating for the company in a research note on Friday. UBS Group set a $44.00 price target on shares of YETI in a research note on Thursday, October 15th. Jefferies Financial Group reiterated a “buy” rating and set a $80.00 target price on shares of YETI in a research report on Thursday, August 13th. Finally, Bank of America upped their price target on shares of YETI from $44.00 to $48.00 and gave the company a “neutral” rating in a research report on Friday, August 14th. Eleven equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $51.67.

YETI Stock Up 2.7%

The company has a market capitalization of $2.87 billion, a price-to-earnings ratio of 17.18, a price-to-earnings-growth ratio of 1.12 and a beta of 1.63. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.75 and a quick ratio of 0.87. The firm’s 50-day simple moving average is $42.13 and its two-hundred day simple moving average is $43.88.

YETI (NYSE:YETI) last issued its quarterly earnings data on Thursday, November 12th. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.84 by $0.07. The firm had revenue of $509.42 million during the quarter, compared to analysts’ expectations of $523.07 million. YETI had a return on equity of 23.79% and a net margin of 9.24%. YETI’s revenue was up 4.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.48 earnings per share. Sell-side analysts predict that YETI Holdings, Inc. will post 2.56 EPS for the current fiscal year.

Institutional Trading of YETI

Several institutional investors and hedge funds have recently made changes to their positions in the stock. GAMMA Investing LLC lifted its holdings in YETI by 4.3% in the 2nd quarter. GAMMA Investing LLC now owns 5,113 shares of the company’s stock valued at $253,000 after purchasing an additional 211 shares in the last quarter. Covestor Ltd increased its holdings in shares of YETI by 27.3% during the 3rd quarter. Covestor Ltd now owns 1,479 shares of the company’s stock worth $60,000 after buying an additional 317 shares during the last quarter. Voya Investment Management LLC raised its holdings in shares of YETI by 2.5% in the 3rd quarter. Voya Investment Management LLC now owns 14,731 shares of the company’s stock worth $604,000 after purchasing an additional 362 shares during the period. Fifth Third Bancorp raised its holdings in YETI by 1.3% in the third quarter. Fifth Third Bancorp now owns 28,092 shares of the company’s stock valued at $1,152,000 after buying an additional 370 shares during the period. Finally, Elevation Wealth Partners LLC raised its stake in shares of YETI by 80.5% in the 3rd quarter. Elevation Wealth Partners LLC now owns 888 shares of the company’s stock valued at $36,000 after acquiring an additional 396 shares during the period.

YETI Company Profile

YETI Holdings, Inc. designs, markets and distributes premium outdoor products. Founded in 2006 by brothers Roy and Ryan Seiders, the company is headquartered in Austin, Texas. Its product lineup includes hard and soft coolers, insulated drinkware, bags, outdoor and camping equipment, and related accessories. YETI sells through its website, company-operated stores and a network of retail partners. The company serves customers in the United States and international markets, including Canada, Europe, Australia and parts of Asia.