YETI Holdings, Inc. (NYSE:YETI) Receives Average Rating of “Moderate Buy” from Brokerages

YETI Holdings, Inc. (NYSE:YETI) has earned a consensus recommendation of “Moderate Buy” from the sixteen analysts that are covering the firm, Marketbeat reports. Seven investment analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $49.1538.

Several equities analysts have weighed in on YETI shares. Wall Street Zen upgraded YETI from a “hold” rating to a “buy” rating in a report on Saturday. Canaccord Genuity Group raised their price target on YETI from $37.00 to $40.00 and gave the company a “hold” rating in a report on Thursday, January 8th. Stifel Nicolaus raised their price target on YETI from $34.00 to $43.00 and gave the company a “hold” rating in a report on Friday, December 12th. B. Riley Financial upgraded YETI from a “neutral” rating to a “buy” rating and raised their price target for the company from $35.00 to $54.00 in a report on Friday, February 20th. Finally, KeyCorp upgraded YETI from a “sector weight” rating to an “overweight” rating and set a $57.00 price target for the company in a report on Friday, January 16th.

YETI Stock Performance

NYSE:YETI opened at $36.72 on Friday. The company has a current ratio of 1.98, a quick ratio of 1.11 and a debt-to-equity ratio of 0.11. YETI has a 12-month low of $26.61 and a 12-month high of $51.29. The stock has a 50-day moving average price of $41.36 and a 200 day moving average price of $40.80. The stock has a market capitalization of $2.78 billion, a P/E ratio of 18.09 and a beta of 1.80.

YETI (NYSE:YETI) last released its earnings results on Thursday, February 19th. The company reported $0.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.04. YETI had a return on equity of 22.53% and a net margin of 8.85%.The firm had revenue of $583.71 million during the quarter, compared to analysts’ expectations of $582.43 million. During the same quarter last year, the business posted $1.00 earnings per share. The firm’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. Equities research analysts forecast that YETI will post 2.57 EPS for the current fiscal year.

Hedge Funds Weigh In On YETI

Institutional investors and hedge funds have recently modified their holdings of the stock. Richardson Financial Services Inc. purchased a new position in shares of YETI in the 4th quarter worth approximately $25,000. Blue Trust Inc. boosted its holdings in shares of YETI by 2,079.3% in the 4th quarter. Blue Trust Inc. now owns 632 shares of the company’s stock worth $28,000 after purchasing an additional 603 shares during the period. SBI Securities Co. Ltd. boosted its holdings in shares of YETI by 91.2% in the 4th quarter. SBI Securities Co. Ltd. now owns 648 shares of the company’s stock worth $29,000 after purchasing an additional 309 shares during the period. True Wealth Design LLC boosted its holdings in shares of YETI by 141.1% in the 3rd quarter. True Wealth Design LLC now owns 885 shares of the company’s stock worth $29,000 after purchasing an additional 518 shares during the period. Finally, Quarry LP purchased a new position in shares of YETI in the 3rd quarter worth approximately $30,000.

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.