William Blair Issues Pessimistic Outlook for YETI Earnings

Key Points

• William Blair has revised its Q3 2025 earnings per share (EPS) estimate for YETI Holdings, lowering the forecast from $0.43 to $0.42.
• Analysts have differing views on YETI, with Canaccord Genuity giving a "hold" rating while Citigroup upgraded to a "buy," reflecting mixed sentiments among market analysts.
• YETI's recent quarterly earnings showed a 3.8% year-over-year revenue decline, despite reporting an EPS of $0.66, which beat analyst expectations.

YETI Holdings, Inc. (NYSE:YETI - Free Report) - William Blair dropped their Q3 2025 earnings per share (EPS) estimates for YETI in a note issued to investors on Thursday, August 14th. William Blair analyst P. Blee now forecasts that the company will post earnings of $0.42 per share for the quarter, down from their prior forecast of $0.43. The consensus estimate for YETI's current full-year earnings is $2.57 per share.

YETI has been the topic of several other research reports. Canaccord Genuity Group upped their target price on YETI from $33.00 to $34.00 and gave the company a "hold" rating in a research report on Friday, August 8th. Citigroup boosted their price target on YETI from $36.00 to $44.00 and gave the company a "buy" rating in a research note on Wednesday, July 23rd. Morgan Stanley restated a "cautious" rating on shares of YETI in a report on Monday, August 11th. UBS Group lifted their price objective on shares of YETI from $31.00 to $35.00 and gave the company a "neutral" rating in a research note on Thursday, July 17th. Finally, The Goldman Sachs Group dropped their target price on shares of YETI from $41.00 to $29.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 22nd. Nine analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and an average target price of $38.54.

YETI Stock Performance

Shares of YETI stock opened at $33.98 on Monday. The business has a 50-day moving average price of $33.44 and a two-hundred day moving average price of $32.74. YETI has a 1-year low of $26.61 and a 1-year high of $45.25. The company has a current ratio of 2.52, a quick ratio of 1.48 and a debt-to-equity ratio of 0.09. The company has a market cap of $2.76 billion, a P/E ratio of 16.18, a PEG ratio of 2.77 and a beta of 1.84.

YETI (NYSE:YETI - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported $0.66 EPS for the quarter, topping analysts' consensus estimates of $0.54 by $0.12. The company had revenue of $445.89 million for the quarter, compared to analyst estimates of $461.73 million. YETI had a return on equity of 24.60% and a net margin of 9.73%. The firm's quarterly revenue was down 3.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.70 earnings per share.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Pinebridge Investments L.P. grew its holdings in YETI by 42.7% during the 4th quarter. Pinebridge Investments L.P. now owns 38,074 shares of the company's stock valued at $1,466,000 after buying an additional 11,391 shares in the last quarter. Tower Research Capital LLC TRC boosted its position in shares of YETI by 1,172.7% in the fourth quarter. Tower Research Capital LLC TRC now owns 15,807 shares of the company's stock valued at $609,000 after acquiring an additional 14,565 shares during the period. Homestead Advisers Corp grew its stake in YETI by 15.2% during the first quarter. Homestead Advisers Corp now owns 95,300 shares of the company's stock valued at $3,154,000 after acquiring an additional 12,600 shares in the last quarter. Boothbay Fund Management LLC increased its holdings in YETI by 983.0% during the 4th quarter. Boothbay Fund Management LLC now owns 120,973 shares of the company's stock worth $4,659,000 after acquiring an additional 109,803 shares during the period. Finally, Envestnet Asset Management Inc. lifted its stake in YETI by 44.5% in the 1st quarter. Envestnet Asset Management Inc. now owns 321,065 shares of the company's stock worth $10,627,000 after purchasing an additional 98,884 shares in the last quarter.

YETI Company Profile

YETI Holdings, Inc designs, retails, and distributes products for the outdoor and recreation market under the YETI brand. It offers coolers and equipment, including hard and soft coolers, cargo, bags, outdoor living, and associated accessories, as well as backpacks, duffel bags, luggage, packing cubes, carryalls, camp chairs, blankets, dog beds, dog bowls, and gear cases under the LoadOut, Panga, Crossroads, Camino, Hondo Base, Trailhead, Lowlands, Boomer, and SideKick Dry brands.

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