YETI (NYSE:YETI - Get Free Report) announced its quarterly earnings results on Thursday. The company reported $0.31 EPS for the quarter, beating the consensus estimate of $0.27 by $0.04, Briefing.com reports. The business had revenue of $351.13 million during the quarter, compared to analysts' expectations of $347.72 million. YETI had a return on equity of 28.23% and a net margin of 9.60%. The firm's quarterly revenue was up 2.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.34 EPS. YETI updated its FY 2025 guidance to 1.960-2.020 EPS.
YETI Stock Performance
Shares of YETI traded down $1.47 during trading hours on Friday, reaching $28.14. 3,686,791 shares of the company traded hands, compared to its average volume of 1,699,072. YETI has a 1-year low of $26.61 and a 1-year high of $45.25. The stock has a market cap of $2.33 billion, a P/E ratio of 13.66, a price-to-earnings-growth ratio of 1.05 and a beta of 1.91. The stock's fifty day moving average is $30.85 and its 200 day moving average is $35.84. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.36 and a current ratio of 2.18.
Analyst Ratings Changes
A number of equities research analysts recently issued reports on the stock. Piper Sandler decreased their price objective on shares of YETI from $52.00 to $38.00 and set an "overweight" rating for the company in a report on Monday, May 5th. The Goldman Sachs Group decreased their price target on YETI from $41.00 to $29.00 and set a "neutral" rating for the company in a research note on Tuesday, April 22nd. UBS Group cut their price objective on YETI from $43.00 to $31.00 and set a "neutral" rating on the stock in a research note on Thursday, April 17th. Morgan Stanley upped their target price on YETI from $33.00 to $34.00 and gave the stock an "equal weight" rating in a research report on Friday. Finally, Jefferies Financial Group reissued a "buy" rating and issued a $55.00 price target on shares of YETI in a research report on Monday, May 5th. Ten analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $39.40.
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About YETI
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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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