YETI (NYSE:YETI) Releases Earnings Results

YETI (NYSE:YETI) issued its earnings results on Thursday. The company reported $0.87 earnings per share for the quarter, missing analysts’ consensus estimates of $0.93 by ($0.06), Zacks reports. YETI had a net margin of 11.15% and a return on equity of 28.31%. YETI updated its FY 2025 guidance to 2.900-2.950 EPS.

YETI Stock Down 0.2 %

YETI stock traded down $0.08 during midday trading on Thursday, hitting $37.83. 3,383,131 shares of the stock were exchanged, compared to its average volume of 1,605,443. The company has a quick ratio of 1.45, a current ratio of 2.58 and a debt-to-equity ratio of 0.10. The stock has a market capitalization of $3.21 billion, a price-to-earnings ratio of 16.21, a price-to-earnings-growth ratio of 1.06 and a beta of 2.13. YETI has a 52-week low of $33.41 and a 52-week high of $48.76. The business’s 50-day moving average price is $38.95 and its 200-day moving average price is $39.24.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on YETI shares. Bank of America cut YETI from a “buy” rating to a “neutral” rating and dropped their price target for the company from $55.00 to $40.00 in a research note on Wednesday, November 6th. KeyCorp dropped their price target on YETI from $36.00 to $35.00 and set an “underweight” rating for the company in a research note on Wednesday, January 8th. UBS Group dropped their price target on YETI from $44.00 to $43.00 and set a “neutral” rating for the company in a research note on Thursday, January 16th. Canaccord Genuity Group reiterated a “hold” rating and issued a $44.00 price target on shares of YETI in a research note on Thursday, November 14th. Finally, TD Cowen dropped their price target on YETI from $46.00 to $44.00 and set a “hold” rating for the company in a research note on Monday, November 11th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $44.69.

YETI Company Profile

YETI Holdings, Inc designs, retails, and distributes products for the outdoor and recreation market under the YETI brand. It offers coolers and equipment, including hard and soft coolers, cargo, bags, outdoor living, and associated accessories, as well as backpacks, duffel bags, luggage, packing cubes, carryalls, camp chairs, blankets, dog beds, dog bowls, and gear cases under the LoadOut, Panga, Crossroads, Camino, Hondo Base, Trailhead, Lowlands, Boomer, and SideKick Dry brands.