YETI Holdings, Inc. (NYSE:YETI) Stock Has Average Target Price of $56.00 According to Analysts

Key Points

• Analysts maintain a “Moderate Buy” consensus on YETI, with 12 buy ratings and four holds among 16 brokerages. The average 12-month price target is $56, implying upside from the stock’s reported $40.91 opening price.
• YETI exceeded quarterly expectations, reporting $0.67 in EPS versus the $0.54 consensus estimate, while revenue rose 8.5% year over year to approximately $483.87 million.
• Institutional interest has increased, with several investment managers initiating or expanding positions; YETI also reported a 23.79% return on equity and a 9.24% net margin.

YETI Holdings, Inc. (NYSE:YETI - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the sixteen brokerages that are covering the firm, Marketbeat Ratings reports. Four analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $56.00.

Several equities research analysts have recently commented on YETI shares. Jefferies Financial Group reaffirmed a "buy" rating and set a $80.00 price target on shares of YETI in a research report on Thursday, August 13th. Piper Sandler raised their price objective on shares of YETI from $54.00 to $58.00 and gave the stock an "overweight" rating in a report on Monday, August 10th. Morgan Stanley boosted their target price on shares of YETI from $48.00 to $49.00 and gave the company an "equal weight" rating in a research report on Thursday, August 20th. Raymond James Financial upped their target price on shares of YETI from $55.00 to $56.00 and gave the company an "outperform" rating in a report on Thursday, August 13th. Finally, Stifel Nicolaus upgraded shares of YETI from a "hold" rating to a "buy" rating and increased their price target for the stock from $45.00 to $50.00 in a research report on Friday, September 18th.

YETI Stock Performance

YETI stock opened at $40.91 on Friday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.75 and a quick ratio of 0.87. YETI has a 1 year low of $31.66 and a 1 year high of $53.99. The company has a market cap of $2.99 billion, a P/E ratio of 17.87, a price-to-earnings-growth ratio of 1.08 and a beta of 1.68. The stock's fifty day moving average price is $44.34 and its 200-day moving average price is $43.97.

YETI (NYSE:YETI - Get Free Report) last posted its quarterly earnings data on Thursday, August 13th. The company reported $0.67 EPS for the quarter, beating analysts' consensus estimates of $0.54 by $0.13. The company had revenue of $483.87 million during the quarter, compared to analysts' expectations of $483.80 million. YETI had a return on equity of 23.79% and a net margin of 9.24%.YETI's revenue for the quarter was up 8.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.66 earnings per share. YETI has set its FY 2026 guidance at 2.940-3.000 EPS. On average, equities analysts forecast that YETI will post 2.58 earnings per share for the current year.

Hedge Funds Weigh In On YETI

A number of institutional investors have recently bought and sold shares of the stock. Bank of New York Mellon Corp purchased a new position in YETI during the second quarter valued at approximately $57,971,000. Clark Capital Management Group Inc. purchased a new stake in shares of YETI in the fourth quarter worth $44,666,000. Langdon Equity Partners bought a new stake in shares of YETI during the 4th quarter valued at $28,788,000. Quantinno Capital Management LP raised its position in shares of YETI by 46.0% during the 1st quarter. Quantinno Capital Management LP now owns 1,871,188 shares of the company's stock valued at $68,467,000 after purchasing an additional 589,205 shares during the period. Finally, Handelsbanken Fonder AB lifted its stake in shares of YETI by 165.5% during the 2nd quarter. Handelsbanken Fonder AB now owns 482,858 shares of the company's stock valued at $23,930,000 after buying an additional 300,958 shares in the last quarter.

YETI Company Profile

YETI Holdings, Inc is a designer, retailer and distributor of premium outdoor products. Founded in 2006 by brothers Roy and Ryan Seiders, the company is headquartered in Austin, Texas, and focuses on products designed for outdoor recreation, travel and everyday use.

YETI's product portfolio includes insulated drinkware, hard and soft coolers, outdoor gear, bags, luggage, cookware, outdoor living products and related accessories. Its offerings are marketed for activities such as fishing, hunting, camping, boating, sporting events and other outdoor pursuits, with an emphasis on durability and performance.

The company sells its products through its direct-to-consumer website, company-operated retail stores and third-party retailers and distributors.

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