YETI (NYSE:YETI) Earns "Buy" Rating from Roth Capital

Key Points

• Roth Capital reaffirmed its Buy rating on YETI but cut its price target from $62 to $52, implying about 35.6% upside from the share price cited.
• Analyst sentiment remains positive overall: MarketBeat reported a consensus “Moderate Buy” rating and an average target price of $51.87.
• YETI beat quarterly EPS expectations ($0.91 versus $0.84), but revenue fell short of forecasts; the company also lowered its 2026 sales-growth outlook, citing cautious consumers.

YETI (NYSE:YETI - Get Free Report)'s stock had its "buy" rating restated by Roth Capital in a research note issued on Friday, Benzinga reports. They presently have a $52.00 target price on the stock, down from their prior target price of $62.00. Roth Capital's target price would suggest a potential upside of 35.62% from the company's current price.

A number of other equities analysts have also commented on YETI. Weiss Ratings raised YETI from a "hold (c)" rating to a "hold (c+)" rating in a research note on Friday, August 21st. 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 report on Friday, August 14th. Wall Street Zen lowered shares of YETI from a "buy" rating to a "hold" rating in a report on Saturday, November 7th. Morgan Stanley dropped their price target on shares of YETI from $49.00 to $48.00 and set an "equal weight" rating on the stock in a research report on Tuesday, October 27th. Finally, Ladenburg Thalmann & Co. Inc. initiated coverage on shares of YETI in a research note on Tuesday, October 13th. They issued a "buy" rating and a $52.00 price objective on the stock. Eleven analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $51.87.

YETI Stock Performance

YETI stock opened at $38.34 on Friday. The business has a 50 day moving average of $42.13 and a 200-day moving average of $43.88. YETI has a 1 year low of $34.90 and a 1 year high of $53.99. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.75 and a quick ratio of 0.87. The company has a market capitalization of $2.80 billion, a P/E ratio of 16.65, a P/E/G ratio of 1.12 and a beta of 1.63.

YETI (NYSE:YETI - Get Free Report) last issued its quarterly earnings data on Thursday, November 12th. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.84 by $0.07. YETI had a net margin of 9.24% and a return on equity of 23.79%. The business had revenue of $517.93 million during the quarter, compared to analyst estimates of $523.07 million. During the same quarter last year, the business earned $0.48 EPS. The firm's quarterly revenue was up 4.4% on a year-over-year basis. On average, equities research analysts predict that YETI will post 2.56 earnings per share for the current year.

Hedge Funds Weigh In On YETI

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

YETI News Summary

These are some of the YETI news items that stood out recently:

• Positive Sentiment: Third-quarter adjusted EPS rose 49% year over year to $0.91, above the roughly $0.84 analyst consensus. Adjusted sales increased 6% to about $518 million, with international sales up 19%. Read More.
• Positive Sentiment: KeyCorp, Stifel Nicolaus, and Robert W. Baird lowered their price targets but retained overweight, buy, and outperform ratings, respectively. Their revised targets of $48–$50 remain above the cited share price. Read More., Read More., and Read More.
• Negative Sentiment: Revenue of approximately $518 million missed analysts’ roughly $523 million estimate. More importantly, YETI cut its 2026 adjusted sales-growth outlook to about 6%, from 7%–8% previously, and now forecasts adjusted EPS of $2.90–$2.95. The company cited consumer caution as it heads into the holiday season. Read More. and Read More.

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.

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