YETI Holdings, Inc. (NYSE:YETI) Given Average Recommendation of “Hold” by Analysts

Shares of YETI Holdings, Inc. (NYSE:YETI) have received a consensus rating of “Hold” from the fifteen ratings firms that are covering the company, Marketbeat Ratings reports. Eight research analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $43.0833.

A number of equities research analysts have recently commented on YETI shares. KeyCorp raised shares of YETI from a “sector weight” rating to an “overweight” rating and set a $57.00 price objective on the stock in a research note on Friday, January 16th. Stifel Nicolaus boosted their target price on shares of YETI from $34.00 to $43.00 and gave the company a “hold” rating in a report on Friday, December 12th. Morgan Stanley set a $48.00 price target on YETI in a report on Friday, January 16th. UBS Group lifted their price objective on YETI from $38.00 to $51.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 14th. Finally, B. Riley restated a “neutral” rating and set a $35.00 target price (up previously from $32.00) on shares of YETI in a research report on Monday, November 10th.

Insider Activity

In other news, SVP Bryan C. Barksdale sold 9,756 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $45.32, for a total transaction of $442,141.92. Following the completion of the sale, the senior vice president owned 56,397 shares of the company’s stock, valued at $2,555,912.04. This trade represents a 14.75% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders own 1.08% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Richardson Financial Services Inc. bought a new stake in YETI in the fourth quarter valued at $25,000. UMB Bank n.a. grew its stake in shares of YETI by 109.3% in the 2nd quarter. UMB Bank n.a. now owns 896 shares of the company’s stock valued at $28,000 after buying an additional 468 shares during the period. Blue Trust Inc. increased its position in YETI by 2,079.3% in the 4th quarter. Blue Trust Inc. now owns 632 shares of the company’s stock valued at $28,000 after buying an additional 603 shares in the last quarter. True Wealth Design LLC raised its stake in YETI by 141.1% during the 3rd quarter. True Wealth Design LLC now owns 885 shares of the company’s stock worth $29,000 after buying an additional 518 shares during the period. Finally, IFP Advisors Inc raised its stake in YETI by 4,552.6% during the 2nd quarter. IFP Advisors Inc now owns 884 shares of the company’s stock worth $30,000 after buying an additional 865 shares during the period.

YETI Trading Down 2.9%

NYSE YETI opened at $47.43 on Monday. The firm has a market capitalization of $3.69 billion, a PE ratio of 24.70, a price-to-earnings-growth ratio of 2.61 and a beta of 1.77. The business’s 50-day moving average price is $44.43 and its two-hundred day moving average price is $38.35. The company has a current ratio of 2.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.10. YETI has a 12 month low of $26.61 and a 12 month high of $51.29.

YETI (NYSE:YETI) last posted its quarterly earnings data on Thursday, November 6th. The company reported $0.61 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.04. The company had revenue of $487.77 million for the quarter, compared to analyst estimates of $480.08 million. YETI had a return on equity of 23.62% and a net margin of 8.75%.The firm’s quarterly revenue was up 1.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.71 earnings per share. YETI has set its FY 2025 guidance at 2.380-2.490 EPS. On average, analysts expect that YETI will post 2.57 EPS for the current year.

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.