YETI (NYSE:YETI) Issues FY 2025 Earnings Guidance

YETI (NYSE:YETI) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 1.960-2.020 for the period, compared to the consensus earnings per share estimate of 2.730. The company issued revenue guidance of $1.9 billion-$1.9 billion, compared to the consensus revenue estimate of $2.0 billion.

YETI Trading Up 2.0 %

Shares of YETI stock opened at $27.89 on Thursday. YETI has a 1 year low of $25.36 and a 1 year high of $45.25. The company’s fifty day simple moving average is $31.09 and its 200-day simple moving average is $35.95. The company has a market cap of $2.31 billion, a price-to-earnings ratio of 13.54, a PEG ratio of 1.05 and a beta of 1.91. The company has a current ratio of 2.18, a quick ratio of 1.36 and a debt-to-equity ratio of 0.10.

YETI (NYSE:YETI) last posted its quarterly earnings results on Thursday, February 13th. The company reported $0.87 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.93 by ($0.06). The company had revenue of $555.37 million during the quarter, compared to analyst estimates of $554.08 million. YETI had a return on equity of 28.23% and a net margin of 9.60%. As a group, sell-side analysts expect that YETI will post 2.57 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Stifel Nicolaus reduced their price objective on YETI from $40.00 to $34.00 and set a “hold” rating for the company in a research report on Thursday, April 10th. UBS Group decreased their price target on shares of YETI from $43.00 to $31.00 and set a “neutral” rating on the stock in a research note on Thursday, April 17th. The Goldman Sachs Group lowered their price target on shares of YETI from $41.00 to $29.00 and set a “neutral” rating on the stock in a report on Tuesday, April 22nd. Piper Sandler reduced their price objective on shares of YETI from $52.00 to $38.00 and set an “overweight” rating for the company in a report on Monday. Finally, Canaccord Genuity Group dropped their price target on shares of YETI from $44.00 to $42.00 and set a “hold” rating for the company in a research report on Friday, February 14th. Ten research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $41.13.

About YETI

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.