YETI (NYSE:YETI) Issues Earnings Results

YETI (NYSE:YETI - Get Free Report) posted its quarterly earnings data on Thursday, May 8th. The company reported $0.31 EPS for the quarter, beating analysts' consensus estimates of $0.27 by $0.04, Briefing.com reports. The business had revenue of $351.13 million for the quarter, compared to analyst estimates of $347.72 million. YETI had a net margin of 9.60% and a return on equity of 28.23%. The business's revenue for the quarter was up 2.8% on a year-over-year basis. During the same quarter last year, the business earned $0.34 earnings per share. YETI updated its FY 2025 guidance to 1.960-2.020 EPS.

YETI Stock Up 0.6%

Shares of YETI stock traded up $0.17 during trading hours on Thursday, hitting $31.54. 167,842 shares of the company were exchanged, compared to its average volume of 1,713,143. The business has a 50 day moving average of $30.65 and a two-hundred day moving average of $35.75. The company has a current ratio of 2.18, a quick ratio of 1.36 and a debt-to-equity ratio of 0.10. YETI has a 52 week low of $26.61 and a 52 week high of $45.25. The company has a market capitalization of $2.61 billion, a PE ratio of 15.24, a PEG ratio of 1.05 and a beta of 1.91.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on YETI shares. Jefferies Financial Group reaffirmed a "buy" rating and issued a $55.00 price objective on shares of YETI in a research note on Monday, May 5th. UBS Group reduced their price objective on shares of YETI from $43.00 to $31.00 and set a "neutral" rating for the company in a research note on Thursday, April 17th. Piper Sandler dropped their target price on shares of YETI from $52.00 to $38.00 and set an "overweight" rating on the stock in a report on Monday, May 5th. Stifel Nicolaus dropped their price objective on shares of YETI from $40.00 to $34.00 and set a "hold" rating on the stock in a report on Thursday, April 10th. Finally, Raymond James lowered their target price on shares of YETI from $50.00 to $34.00 and set an "outperform" rating on the stock in a research note on Friday, May 9th. Ten analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $39.40.

About YETI

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.