YETI Holdings, Inc. (NYSE:YETI) Stock Rated “Moderate Buy” by Sell-Side Analysts

Shares of YETI Holdings, Inc. (NYSE:YETI) have been given an average recommendation of “Moderate Buy” by the seventeen analysts that are currently covering the firm, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and thirteen have given a buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $55.20.

A number of brokerages recently commented on YETI. Stifel Nicolaus raised YETI from a “hold” rating to a “buy” rating and increased their price target for the company from $45.00 to $50.00 in a report on Friday, September 18th. Raymond James Financial raised their price target on YETI from $55.00 to $56.00 and gave the company an “outperform” rating in a research report on Thursday, August 13th. Canaccord Genuity Group upped their price target on shares of YETI from $45.00 to $46.00 and gave the stock a “hold” rating in a research report on Monday, September 28th. Jefferies Financial Group restated a “buy” rating and issued a $80.00 price target on shares of YETI in a report on Thursday, August 13th. Finally, The Goldman Sachs Group raised YETI from a “neutral” rating to a “buy” rating and increased their price target for the stock from $46.00 to $63.00 in a research report on Monday, July 20th.

YETI Trading Up 0.1%

YETI stock opened at $43.71 on Wednesday. The company has a current ratio of 1.75, a quick ratio of 0.87 and a debt-to-equity ratio of 0.16. The business’s 50-day moving average is $41.62 and its 200 day moving average is $44.07. YETI has a 12-month low of $32.26 and a 12-month high of $53.99. The stock has a market cap of $3.19 billion, a price-to-earnings ratio of 19.09, a PEG ratio of 1.15 and a beta of 1.63.

YETI (NYSE:YETI) last issued its earnings results on Thursday, August 13th. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.13. The firm had revenue of $483.87 million for the quarter, compared to analysts’ expectations of $483.80 million. YETI had a net margin of 9.24% and a return on equity of 23.79%. The firm’s revenue was up 8.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.66 earnings per share. YETI has set its FY 2026 guidance at 2.940-3.000 EPS. On average, sell-side analysts anticipate that YETI will post 2.56 EPS for the current fiscal year.

Institutional Trading of YETI

Several hedge funds have recently added to or reduced their stakes in the business. Chicago Partners Investment Group LLC raised its position in shares of YETI by 2.0% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 23,604 shares of the company’s stock worth $1,010,000 after purchasing an additional 471 shares during the last quarter. Covestor Ltd raised its holdings in YETI by 27.3% during the 3rd quarter. Covestor Ltd now owns 1,479 shares of the company’s stock valued at $60,000 after buying an additional 317 shares during the period. Bridge City Capital LLC increased its stake in YETI by 21.6% in the third quarter. Bridge City Capital LLC now owns 83,199 shares of the company’s stock worth $3,413,000 after purchasing an additional 14,755 shares during the period. Vise Technologies Inc. lifted its stake in YETI by 37.1% in the third quarter. Vise Technologies Inc. now owns 8,337 shares of the company’s stock worth $342,000 after acquiring an additional 2,257 shares during the period. Finally, D.A. Davidson & CO. raised its stake in shares of YETI by 3.4% during the 3rd quarter. D.A. Davidson & CO. now owns 60,926 shares of the company’s stock worth $2,499,000 after acquiring an additional 1,995 shares in the last quarter.

About YETI

YETI Holdings, Inc (NYSE: YETI) designs, markets and distributes premium outdoor products for customers who spend time fishing, hunting, camping, boating and participating in other outdoor activities. The company is headquartered in Austin, Texas, and was founded in 2006 by brothers Roy and Ryan Seiders.

YETI’s product portfolio includes hard and soft coolers, drinkware, insulated bags, outdoor gear, cookware and products for outdoor living. Its offerings are designed to provide durability, insulation and performance in demanding conditions, and are sold under the YETI brand through the company’s website, retail stores and a network of wholesale partners.

The company serves customers primarily in North America while also operating in international markets, including parts of Europe, Australia and Asia.