YETI (NYSE:YETI) Given New $40.00 Price Target at UBS Group

YETI (NYSE:YETI) had its target price decreased by UBS Group from $47.00 to $40.00 in a research report released on Tuesday morning,Benzinga reports. UBS Group currently has a neutral rating on the stock.

Other research analysts have also issued reports about the stock. Citigroup lifted their price target on YETI from $44.00 to $53.00 and gave the stock a “buy” rating in a report on Tuesday, February 24th. Stifel Nicolaus lifted their price target on YETI from $34.00 to $43.00 and gave the stock a “hold” rating in a report on Friday, December 12th. Canaccord Genuity Group lifted their price objective on shares of YETI from $37.00 to $40.00 and gave the stock a “hold” rating in a research report on Thursday, January 8th. B. Riley Financial raised shares of YETI from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $35.00 to $54.00 in a research report on Friday, February 20th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of YETI in a research report on Wednesday, January 21st. Nine equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, YETI presently has a consensus rating of “Moderate Buy” and an average price target of $49.15.

YETI Stock Down 2.5%

YETI stock opened at $36.20 on Tuesday. YETI has a twelve month low of $26.61 and a twelve month high of $51.29. 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 stock’s 50 day moving average is $41.88 and its 200-day moving average is $40.83. The firm has a market capitalization of $2.74 billion, a PE ratio of 17.83 and a beta of 1.80.

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

Hedge Funds Weigh In On YETI

Several institutional investors and hedge funds have recently bought and sold shares of YETI. Richardson Financial Services Inc. bought a new position in YETI during the 4th quarter worth approximately $25,000. Blue Trust Inc. grew its holdings in 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 acquiring an additional 603 shares during the last quarter. True Wealth Design LLC grew its holdings in 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 acquiring an additional 518 shares during the last quarter. SBI Securities Co. Ltd. grew its holdings in 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 acquiring an additional 309 shares during the last quarter. Finally, Quarry LP bought a new stake in YETI in the 3rd quarter worth $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.