YETI Holdings, Inc. (NYSE:YETI) Receives $48.50 Average Target Price from Analysts

YETI Holdings, Inc. (NYSE:YETI) has earned an average recommendation of “Moderate Buy” from the sixteen analysts that are presently covering the stock, Marketbeat reports. Seven equities research analysts have rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $48.50.

A number of brokerages have issued reports on YETI. Robert W. Baird lifted their target price on shares of YETI from $52.00 to $54.00 and gave the stock an “outperform” rating in a research report on Friday, February 20th. Piper Sandler lifted their target price on shares of YETI from $43.00 to $54.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 17th. KeyCorp upgraded shares of YETI from a “sector weight” rating to an “overweight” rating and set a $57.00 target price for the company in a research report on Friday, January 16th. The Goldman Sachs Group reissued a “neutral” rating and issued a $45.00 price objective on shares of YETI in a research report on Tuesday, January 27th. Finally, Roth Mkm raised shares of YETI from a “neutral” rating to a “buy” rating and set a $60.00 price objective for the company in a research report on Tuesday, February 17th.

Hedge Funds Weigh In On YETI

Institutional investors have recently modified their holdings of the company. Richardson Financial Services Inc. acquired a new position in shares of YETI in the fourth quarter valued at approximately $25,000. Blue Trust Inc. raised its position in shares of YETI by 2,079.3% in the fourth quarter. Blue Trust Inc. now owns 632 shares of the company’s stock valued at $28,000 after buying an additional 603 shares during the last quarter. SBI Securities Co. Ltd. increased its position 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 purchasing an additional 309 shares during the last quarter. Quarry LP acquired a new position in YETI during the third quarter worth approximately $30,000. Finally, Safe Harbor Fiduciary LLC acquired a new position in YETI during the fourth quarter worth approximately $41,000.

YETI Stock Performance

Shares of YETI opened at $41.63 on Wednesday. The company has a current ratio of 1.98, a quick ratio of 1.11 and a debt-to-equity ratio of 0.11. The stock has a market cap of $3.15 billion, a P/E ratio of 20.51 and a beta of 1.69. The company has a 50-day moving average of $38.91 and a two-hundred day moving average of $41.62. YETI has a 12-month low of $28.00 and a 12-month high of $51.29.

YETI (NYSE:YETI) last announced its earnings results on Thursday, February 19th. The company reported $0.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.88 by $0.04. The company had revenue of $583.71 million during the quarter, compared to analysts’ expectations of $582.43 million. YETI had a net margin of 8.85% and a return on equity of 22.53%. The firm’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.00 earnings per share. YETI has set its FY 2026 guidance at 2.770-2.830 EPS. As a group, research analysts predict that YETI will post 2.33 EPS for the current fiscal year.

About YETI

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.