YETI (NYSE:YETI) Rating Lowered to “Hold” at Wall Street Zen

YETI (NYSE:YETI) was downgraded by research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a note issued to investors on Sunday.

YETI has been the topic of several other research reports. Piper Sandler upped their price objective on shares of YETI from $43.00 to $54.00 and gave the stock an “overweight” rating in a report on Tuesday, February 17th. UBS Group lowered their price objective on shares of YETI from $47.00 to $40.00 and set a “neutral” rating on the stock in a report on Tuesday, April 7th. Weiss Ratings restated a “hold (c)” rating on shares of YETI in a report on Wednesday, January 21st. Roth Mkm upgraded shares of YETI from a “neutral” rating to a “buy” rating and set a $60.00 price objective on the stock in a report on Tuesday, February 17th. Finally, B. Riley Financial upgraded shares of YETI from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $35.00 to $54.00 in a report on Friday, February 20th. Nine analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $49.00.

YETI Stock Up 0.4%

YETI stock opened at $41.35 on Friday. The company has a quick ratio of 1.11, a current ratio of 1.98 and a debt-to-equity ratio of 0.11. YETI has a 12-month low of $26.70 and a 12-month high of $51.29. The firm’s fifty day moving average is $40.47 and its 200 day moving average is $41.10. The company has a market capitalization of $3.13 billion, a PE ratio of 20.37 and a beta of 1.80.

YETI (NYSE:YETI) last released its earnings results on Thursday, February 19th. The company reported $0.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.88 by $0.04. YETI had a net margin of 8.85% and a return on equity of 22.53%. The company had revenue of $583.71 million for the quarter, compared to the consensus estimate of $582.43 million. During the same quarter in the previous year, the company earned $1.00 EPS. YETI’s quarterly revenue was up 6.8% compared to the same quarter last year. YETI has set its FY 2026 guidance at 2.770-2.830 EPS. As a group, sell-side analysts predict that YETI will post 2.33 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 company. L. Roy Papp & Associates LLP raised its holdings in shares of YETI by 0.5% in the fourth quarter. L. Roy Papp & Associates LLP now owns 53,095 shares of the company’s stock valued at $2,345,000 after purchasing an additional 240 shares during the last quarter. Cardinal Point Capital Management ULC raised its holdings in shares of YETI by 0.7% in the fourth quarter. Cardinal Point Capital Management ULC now owns 41,845 shares of the company’s stock valued at $1,848,000 after purchasing an additional 300 shares during the last quarter. LRI Investments LLC raised its holdings in shares of YETI by 8.0% in the third quarter. LRI Investments LLC now owns 4,170 shares of the company’s stock valued at $138,000 after purchasing an additional 309 shares during the last quarter. SBI Securities Co. Ltd. raised its holdings in shares of YETI by 91.2% in the fourth quarter. SBI Securities Co. Ltd. now owns 648 shares of the company’s stock valued at $29,000 after purchasing an additional 309 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its holdings in shares of YETI by 6.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 5,670 shares of the company’s stock valued at $250,000 after purchasing an additional 321 shares during the last quarter.

YETI Company Profile

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.