YETI (NYSE:YETI) Trading Down 5.5% – Should You Sell?

YETI Holdings, Inc. (NYSE:YETI) was down 5.5% during trading on Tuesday . The company traded as low as $37.94 and last traded at $38.1750. Approximately 2,257,614 shares traded hands during trading, an increase of 49% from the average daily volume of 1,513,490 shares. The stock had previously closed at $40.39.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on YETI. Piper Sandler upped their price objective on shares of YETI from $43.00 to $54.00 and gave the company an “overweight” rating in a research note on Tuesday, February 17th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of YETI in a research note on Wednesday, January 21st. Citigroup increased their price target on YETI from $44.00 to $53.00 and gave the stock a “buy” rating in a research note on Tuesday, February 24th. Canaccord Genuity Group raised their price objective on YETI from $37.00 to $40.00 and gave the stock a “hold” rating in a report on Thursday, January 8th. Finally, William Blair reaffirmed an “outperform” rating on shares of YETI in a research report on Tuesday, November 11th. Nine research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, YETI has a consensus rating of “Moderate Buy” and an average price target of $50.00.

YETI Trading Down 6.0%

The company has a quick ratio of 1.11, a current ratio of 1.98 and a debt-to-equity ratio of 0.11. The business’s fifty day moving average is $46.58 and its 200-day moving average is $40.66. The stock has a market capitalization of $2.86 billion, a PE ratio of 18.70 and a beta of 1.77.

YETI (NYSE:YETI) last posted its quarterly earnings results on Thursday, February 19th. The company reported $0.92 earnings per share for the quarter, topping analysts’ consensus estimates of $0.88 by $0.04. YETI had a net margin of 8.85% and a return on equity of 22.53%. The company had revenue of $583.71 million for the quarter, compared to the consensus estimate of $582.43 million. During the same quarter last year, the firm posted $1.00 earnings per share. YETI’s revenue was up 6.8% on a year-over-year basis. YETI has set its FY 2026 guidance at 2.770-2.830 EPS. As a group, analysts anticipate that YETI Holdings, Inc. will post 2.57 EPS for the current fiscal year.

Insiders Place Their Bets

In related 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 value of $442,141.92. Following the transaction, the senior vice president owned 56,397 shares in the company, valued at approximately $2,555,912.04. This trade represents a 14.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.08% of the company’s stock.

Institutional Investors Weigh In On YETI

Several institutional investors and hedge funds have recently added to or reduced their stakes in YETI. Corient Private Wealth LLC lifted its stake in shares of YETI by 8.8% in the 4th quarter. Corient Private Wealth LLC now owns 51,247 shares of the company’s stock valued at $2,264,000 after purchasing an additional 4,130 shares in the last quarter. EP Wealth Advisors LLC acquired a new stake in YETI during the 4th quarter worth approximately $233,000. XTX Topco Ltd purchased a new position in YETI in the fourth quarter valued at approximately $2,480,000. Voloridge Investment Management LLC raised its holdings in YETI by 444.7% in the fourth quarter. Voloridge Investment Management LLC now owns 142,443 shares of the company’s stock valued at $6,292,000 after buying an additional 116,290 shares during the period. Finally, SummitTX Capital L.P. acquired a new position in YETI during the fourth quarter valued at approximately $1,128,000.

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.