Brokerages Set YETI Holdings, Inc. (NYSE:YETI) Target Price at $51.33

YETI Holdings, Inc. (NYSE:YETI) has been given an average recommendation of “Moderate Buy” by the sixteen brokerages that are covering the firm, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $52.8333.

Several equities analysts have issued reports on the stock. Wall Street Zen raised shares of YETI from a “hold” rating to a “buy” rating in a report on Saturday, July 4th. Canaccord Genuity Group upped their price target on YETI from $42.00 to $45.00 and gave the stock a “hold” rating in a research report on Tuesday, June 23rd. Morgan Stanley set a $45.00 price objective on YETI in a report on Tuesday, June 23rd. UBS Group raised their price objective on YETI from $45.00 to $51.00 and gave the stock a “neutral” rating in a research report on Thursday, July 16th. Finally, Raymond James Financial restated an “outperform” rating and set a $55.00 target price on shares of YETI in a research note on Friday, May 15th.

Institutional Investors Weigh In On YETI

Institutional investors have recently added to or reduced their stakes in the business. Congress Asset Management Co. increased its stake in YETI by 4.8% during the 4th quarter. Congress Asset Management Co. now owns 1,293,164 shares of the company’s stock valued at $57,119,000 after purchasing an additional 59,474 shares in the last quarter. SG Americas Securities LLC raised its holdings in shares of YETI by 16,553.6% in the fourth quarter. SG Americas Securities LLC now owns 747,747 shares of the company’s stock worth $33,028,000 after buying an additional 743,257 shares during the last quarter. Baillie Gifford & Co. lifted its stake in shares of YETI by 50.9% during the fourth quarter. Baillie Gifford & Co. now owns 3,945,196 shares of the company’s stock worth $174,259,000 after buying an additional 1,330,278 shares during the period. M&T Bank Corp lifted its stake in shares of YETI by 240.7% during the fourth quarter. M&T Bank Corp now owns 38,006 shares of the company’s stock worth $1,679,000 after buying an additional 26,851 shares during the period. Finally, Hillsdale Investment Management Inc. grew its holdings in shares of YETI by 21,066.7% during the first quarter. Hillsdale Investment Management Inc. now owns 95,250 shares of the company’s stock valued at $3,485,000 after buying an additional 94,800 shares during the last quarter.

YETI Stock Up 0.5%

NYSE:YETI opened at $50.36 on Monday. YETI has a fifty-two week low of $30.51 and a fifty-two week high of $53.21. The stock has a market capitalization of $3.82 billion, a P/E ratio of 25.70, a P/E/G ratio of 1.58 and a beta of 1.73. 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 company’s 50-day simple moving average is $48.32 and its 200-day simple moving average is $44.55.

YETI (NYSE:YETI) last issued its quarterly earnings data on Thursday, May 14th. The company reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.09. The firm had revenue of $380.41 million for the quarter, compared to the consensus estimate of $374.73 million. YETI had a net margin of 8.36% and a return on equity of 22.61%. The company’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.31 EPS. YETI has set its FY 2026 guidance at 2.830-2.890 EPS. On average, equities analysts anticipate that YETI will post 2.44 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.