YETI Holdings, Inc. (NYSE:YETI) Receives $55.57 Average Price Target from Analysts

Shares of YETI Holdings, Inc. (NYSE:YETI) have received a consensus rating of “Moderate Buy” from the sixteen analysts that are covering the company, Marketbeat.com reports. Six equities research analysts have rated the stock with a hold rating and ten have issued a buy rating on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $55.5714.

Several equities analysts have recently commented on YETI shares. Morgan Stanley upped their price objective on shares of YETI from $48.00 to $49.00 and gave the company an “equal weight” rating in a research note on Thursday, August 20th. Weiss Ratings upgraded YETI from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, August 21st. UBS Group reissued a “neutral” rating on shares of YETI in a research report on Thursday. Robert W. Baird increased their price target on shares of YETI from $55.00 to $57.00 and gave the stock an “outperform” rating in a research note on Friday, August 14th. Finally, Canaccord Genuity Group lifted their price objective on YETI from $42.00 to $45.00 and gave the company a “hold” rating in a research report on Tuesday, June 23rd.

Hedge Funds Weigh In On YETI

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. GAMMA Investing LLC raised its holdings in YETI by 4.3% in the 2nd quarter. GAMMA Investing LLC now owns 5,113 shares of the company’s stock valued at $253,000 after buying an additional 211 shares during the period. Cardinal Point Capital Management ULC boosted its stake in YETI by 0.7% during the fourth quarter. Cardinal Point Capital Management ULC now owns 41,845 shares of the company’s stock worth $1,848,000 after buying an additional 300 shares during the period. SBI Securities Co. Ltd. boosted its stake in YETI by 91.2% during the fourth quarter. SBI Securities Co. Ltd. now owns 648 shares of the company’s stock worth $29,000 after buying an additional 309 shares during the period. PNC Financial Services Group Inc. increased its position in shares of YETI by 6.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 5,670 shares of the company’s stock valued at $250,000 after acquiring an additional 321 shares during the last quarter. Finally, IFP Advisors Inc increased its position in shares of YETI by 35.4% during the fourth quarter. IFP Advisors Inc now owns 1,250 shares of the company’s stock valued at $55,000 after acquiring an additional 327 shares during the last quarter.

YETI Price Performance

YETI opened at $40.28 on Tuesday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.75 and a quick ratio of 0.87. The stock’s 50 day simple moving average is $46.69 and its 200 day simple moving average is $43.96. The firm has a market cap of $2.94 billion, a price-to-earnings ratio of 17.59, a PEG ratio of 1.05 and a beta of 1.70. YETI has a 1 year low of $31.66 and a 1 year high of $53.99.

YETI (NYSE:YETI) last issued its earnings results on Thursday, August 13th. The company reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.13. YETI had a net margin of 9.24% and a return on equity of 23.79%. The firm had revenue of $483.87 million for the quarter, compared to analysts’ expectations of $483.80 million. During the same quarter last year, the business earned $0.66 earnings per share. The business’s revenue was up 8.5% on a year-over-year basis. YETI has set its FY 2026 guidance at 2.940-3.000 EPS. As a group, analysts predict that YETI will post 2.58 earnings per share for the current year.

YETI Company Profile

YETI Holdings, Inc designs, markets and distributes premium products for outdoor, recreation and everyday use. Its product portfolio includes hard and soft coolers, drinkware, bags, outdoor cooking products and related accessories designed for durability and performance.

The company sells its products through its direct-to-consumer business, including its website and retail stores, as well as through independent retailers and other wholesale channels. YETI serves customers primarily in the United States and Canada, with an expanding international presence.

YETI was founded in 2006 by brothers Roy and Ryan Seiders and is headquartered in Austin, Texas.