YETI (NYSE:YETI) Stock Price Target Lowered at Robert W. Baird

YETI (NYSE:YETI) had its price objective trimmed by Robert W. Baird from $57.00 to $50.00 in a report published on Friday morning,Benzinga reports. The firm currently has an outperform rating on the stock.

Several other equities research analysts have also commented on the stock. Wall Street Zen lowered shares of YETI from a “buy” rating to a “hold” rating in a research report on Saturday, November 7th. Morgan Stanley lowered their price objective on shares of YETI from $49.00 to $48.00 and set an “equal weight” rating on the stock in a research note on Tuesday, October 27th. The Goldman Sachs Group upgraded shares of YETI from a “neutral” rating to a “buy” rating and raised their target price for the company from $46.00 to $63.00 in a report on Monday, July 20th. Raymond James Financial restated an “outperform” rating on shares of YETI in a research report on Thursday. Finally, Stifel Nicolaus raised shares of YETI from a “hold” rating to a “buy” rating and upped their price target for the company from $45.00 to $50.00 in a report on Friday, September 18th. Eleven analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, YETI currently has a consensus rating of “Moderate Buy” and a consensus target price of $51.67.

YETI Stock Performance

NYSE YETI opened at $39.34 on Friday. YETI has a 1-year low of $34.90 and a 1-year high of $53.99. The company has a market capitalization of $2.87 billion, a P/E ratio of 16.33, a PEG ratio of 1.01 and a beta of 1.63. The business has a 50 day moving average price of $42.09 and a 200 day moving average price of $43.84. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.77 and a quick ratio of 0.87.

YETI (NYSE:YETI) last issued its quarterly earnings data on Thursday, November 12th. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.84 by $0.07. The firm had revenue of $509.42 million during the quarter, compared to analysts’ expectations of $523.07 million. YETI had a return on equity of 27.19% and a net margin of 9.39%. YETI’s revenue was up 4.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.48 earnings per share. Sell-side analysts expect that YETI will post 2.56 EPS for the current fiscal year.

Institutional Trading of YETI

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Elevation Wealth Partners LLC increased its position in YETI by 80.5% during the 3rd quarter. Elevation Wealth Partners LLC now owns 888 shares of the company’s stock worth $36,000 after purchasing an additional 396 shares in the last quarter. Covestor Ltd raised its stake in YETI by 27.3% in the 3rd quarter. Covestor Ltd now owns 1,479 shares of the company’s stock valued at $60,000 after purchasing an additional 317 shares during the last quarter. Signaturefd LLC raised its stake in YETI by 79.4% in the 3rd quarter. Signaturefd LLC now owns 1,943 shares of the company’s stock valued at $80,000 after purchasing an additional 860 shares during the last quarter. Nykredit A S purchased a new position in YETI in the 2nd quarter valued at about $101,000. Finally, Parallel Advisors LLC lifted its holdings in YETI by 50.9% in the 1st quarter. Parallel Advisors LLC now owns 2,446 shares of the company’s stock valued at $89,000 after purchasing an additional 825 shares in the last quarter.

Trending Headlines about YETI

These are some of the YETI headlines that stood out recently:

• Positive Sentiment: Third-quarter EPS was $0.91, above the roughly $0.84 consensus, while adjusted sales rose 6% to $518 million. International sales increased 19% to $119 million, offering a bright spot. Article: YETI: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: Several firms cut price targets, but many maintained bullish ratings: Citigroup and Stifel kept “buy,” while Roth Capital, KeyCorp and Baird also retained positive ratings. The lower targets nevertheless reflect more cautious expectations. Citigroup rating
• Negative Sentiment: YETI’s reported revenue of $509.4 million missed analyst expectations of about $523.1 million. The company cut its 2026 adjusted sales growth outlook to about 6%, from 7%–8% previously, and lowered its earnings outlook. Management cited consumer caution and softer demand in the U.S. and Canada, raising concerns about holiday-season sales. Article: Yeti Cuts Year Outlook on Consumer Caution

YETI Company Profile

YETI Holdings, Inc. designs, markets and distributes premium outdoor products. Founded in 2006 by brothers Roy and Ryan Seiders, the company is headquartered in Austin, Texas. Its product lineup includes hard and soft coolers, insulated drinkware, bags, outdoor and camping equipment, and related accessories. YETI sells through its website, company-operated stores and a network of retail partners. The company serves customers in the United States and international markets, including Canada, Europe, Australia and parts of Asia.