YETI (NYSE:YETI) Downgraded by Wall Street Zen to Hold

Key Points

• Wall Street Zen downgraded YETI from “buy” to “hold.” Analyst views remain mixed: MarketBeat’s consensus rating is “Moderate Buy,” with an average price target of $51.67.
• YETI’s latest quarterly EPS of $0.91 beat estimates of $0.84, but revenue of $509.4 million missed the $523.1 million consensus.
• The company cut its 2026 adjusted sales growth outlook to about 6%, citing cautious consumers and softer demand in the U.S. and Canada.

YETI (NYSE:YETI - Get Free Report) was downgraded by analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a research report issued to clients and investors on Sunday, Wall Street Zen reports.

Several other research firms have also weighed in on YETI. Jefferies Financial Group restated a "buy" rating and set a $80.00 target price on shares of YETI in a report on Thursday, August 13th. Citigroup lowered their price target on YETI from $53.00 to $50.00 and set a "buy" rating for the company in a report on Friday. UBS Group set a $44.00 price objective on YETI in a research report on Thursday, October 15th. Canaccord Genuity Group decreased their target price on YETI from $46.00 to $42.00 and set a "hold" rating for the company in a research report on Friday. Finally, Raymond James Financial reiterated an "outperform" rating on shares of YETI in a research note on Thursday. Eleven analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, YETI currently has an average rating of "Moderate Buy" and an average target price of $51.67.

YETI Trading Up 2.7%

Shares of NYSE:YETI traded up $1.04 during trading on Friday, reaching $39.34. 4,652,515 shares of the stock were exchanged, compared to its average volume of 1,810,075. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.87 and a current ratio of 1.77. YETI has a 12-month low of $34.90 and a 12-month high of $53.99. The firm has a market cap of $2.87 billion, a price-to-earnings ratio of 16.33, a price-to-earnings-growth ratio of 1.01 and a beta of 1.63. The firm's 50-day moving average price is $42.09 and its 200 day moving average price is $43.84.

YETI (NYSE:YETI - Get Free Report) last posted its 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. YETI had a net margin of 9.39% and a return on equity of 27.19%. The firm had revenue of $509.42 million during the quarter, compared to the consensus estimate of $523.07 million. During the same quarter in the prior year, the company earned $0.48 EPS. The company's revenue was up 4.4% on a year-over-year basis. On average, sell-side analysts anticipate that YETI will post 2.56 earnings per share for the current fiscal year.

Institutional Investors Weigh In On YETI

Hedge funds and other institutional investors have recently modified their holdings of the stock. Elevation Wealth Partners LLC raised its stake in YETI by 80.5% during the third quarter. Elevation Wealth Partners LLC now owns 888 shares of the company's stock valued at $36,000 after buying an additional 396 shares in the last quarter. Covestor Ltd lifted its stake in YETI by 27.3% during the third quarter. Covestor Ltd now owns 1,479 shares of the company's stock worth $60,000 after purchasing an additional 317 shares during the last quarter. Signaturefd LLC increased its stake in YETI by 79.4% during the third 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 acquired a new stake in shares of YETI during the second quarter worth $101,000. Finally, Parallel Advisors LLC raised its holdings in shares of YETI by 50.9% during the first quarter. Parallel Advisors LLC now owns 2,446 shares of the company's stock worth $89,000 after purchasing an additional 825 shares during the period.

Key YETI News

Investors following YETI have been watching these news items:

• 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
• 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
• Negative Sentiment: Piper Sandler downgraded YETI from “overweight” to “neutral” and cut its price target to $39 from $58. Canaccord also moved to “hold,” while multiple other analysts reduced targets, reinforcing the cautious outlook. Piper Sandler rating

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.

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