KeyCorp Issues Pessimistic Forecast for YETI (NYSE:YETI) Stock Price

YETI (NYSE:YETI) had its price target decreased by research analysts at KeyCorp from $57.00 to $49.00 in a report issued on Friday, Benzinga reports. The brokerage presently has an “overweight” rating on the stock. KeyCorp‘s price target would suggest a potential upside of 27.84% from the company’s previous close.

Other equities research analysts also recently issued research reports about the stock. Bank of America increased their target price on shares of YETI from $44.00 to $48.00 and gave the company a “neutral” rating in a research note on Friday, August 14th. Ladenburg Thalmann & Co. Inc. assumed coverage on shares of YETI in a research note on Tuesday, October 13th. They set a “buy” rating and a $52.00 price target for the company. Roth Capital reaffirmed a “buy” rating and set a $62.00 price target on shares of YETI in a research note on Friday, August 14th. Jefferies Financial Group reiterated a “buy” rating and set a $80.00 price target on shares of YETI in a report on Thursday, August 13th. Finally, Piper Sandler lowered shares of YETI from an “overweight” rating to a “neutral” rating and reduced their price objective for the stock from $58.00 to $39.00 in a research report on Friday. Eleven investment 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 presently has an average rating of “Moderate Buy” and an average price target of $52.80.

YETI Stock Performance

NYSE YETI opened at $38.33 on Friday. The business’s 50 day moving average price is $42.13 and its 200-day moving average price is $43.88. YETI has a fifty-two week low of $34.90 and a fifty-two week high of $53.99. The company has a market cap of $2.80 billion, a P/E ratio of 16.74, a P/E/G ratio of 1.12 and a beta of 1.63. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.87 and a current ratio of 1.75.

YETI (NYSE:YETI) last issued its quarterly earnings results on Thursday, November 12th. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.84 by $0.07. The company had revenue of $517.93 million during the quarter, compared to the consensus estimate of $523.07 million. YETI had a return on equity of 23.79% and a net margin of 9.24%. YETI’s revenue was up 4.4% on a year-over-year basis. During the same period last year, the company earned $0.48 earnings per share. Sell-side analysts predict that YETI will post 2.56 earnings per share for the current year.

Institutional Trading of YETI

Hedge funds and other institutional investors have recently bought and sold shares of the business. AlphaGrep UK Ltd purchased a new stake in shares of YETI in the 3rd quarter worth $392,000. Benjamin Edwards Inc. grew its position in shares of YETI by 4.3% during the 3rd quarter. Benjamin Edwards Inc. now owns 16,225 shares of the company’s stock worth $665,000 after buying an additional 673 shares in the last quarter. First Trust Advisors LP increased its stake in shares of YETI by 17.4% during the third quarter. First Trust Advisors LP now owns 279,157 shares of the company’s stock valued at $11,451,000 after buying an additional 41,310 shares during the period. GW&K Investment Management LLC increased its stake in shares of YETI by 952.4% during the third quarter. GW&K Investment Management LLC now owns 571,513 shares of the company’s stock valued at $23,444,000 after buying an additional 517,208 shares during the period. Finally, Ieq Capital LLC increased its stake in shares of YETI by 27.2% during the third quarter. Ieq Capital LLC now owns 114,951 shares of the company’s stock valued at $4,715,000 after buying an additional 24,608 shares during the period.

Recent YETI Headlines

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

• Negative Sentiment: Revenue fell short of analysts’ expectations of about $523 million, coming in at roughly $518 million, even as it grew 4% year over year. YETI Stock Slides After Q3 Revenue Miss
• Negative Sentiment: YETI lowered its 2026 adjusted sales-growth outlook to about 6%, from 7%–8%, citing consumer caution. Its updated adjusted EPS outlook is $2.90–$2.95. The softer forecast raises concerns about demand heading into the holiday season. Yeti Cuts Year Outlook on Consumer Caution
• Negative Sentiment: Piper Sandler downgraded YETI from “overweight” to “neutral” and cut its price target from $58 to $39, signaling reduced analyst confidence and limited implied upside from the cited share price. Piper Sandler stock recommendations

About YETI

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.