Analysts Set YETI Holdings, Inc. (NYSE:YETI) Target Price at $51.33

Shares of YETI Holdings, Inc. (NYSE:YETI) have earned an average recommendation of “Moderate Buy” from the sixteen research firms that are covering the company, Marketbeat reports. Six research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $52.8333.

A number of equities analysts have recently weighed in on the company. The Goldman Sachs Group raised YETI from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $46.00 to $63.00 in a research note on Monday. Morgan Stanley set a $45.00 price target on YETI in a report on Tuesday, June 23rd. Weiss Ratings downgraded YETI from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Robert W. Baird upped their price target on YETI from $54.00 to $55.00 and gave the stock an “outperform” rating in a research note on Friday, May 15th. Finally, Wall Street Zen raised shares of YETI from a “hold” rating to a “buy” rating in a report on Saturday, July 4th.

YETI Stock Performance

Shares of NYSE YETI opened at $51.86 on Monday. The stock has a market cap of $3.93 billion, a PE ratio of 26.46, a price-to-earnings-growth ratio of 1.61 and a beta of 1.73. YETI has a 1 year low of $30.51 and a 1 year high of $53.21. The firm has a fifty day moving average price of $47.97 and a 200-day moving average price of $44.47. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.10 and a quick ratio of 1.06.

YETI (NYSE:YETI) last released its earnings results on Thursday, May 14th. The company reported $0.26 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.09. The company had revenue of $380.41 million for the quarter, compared to analysts’ expectations of $374.73 million. YETI had a net margin of 8.36% and a return on equity of 22.61%. YETI’s revenue for the quarter was up 8.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.31 EPS. YETI has set its FY 2026 guidance at 2.830-2.890 EPS. Equities analysts anticipate that YETI will post 2.44 earnings per share for the current fiscal year.

Hedge Funds Weigh In On YETI

Hedge funds and other institutional investors have recently modified their holdings of the stock. Richardson Financial Services Inc. purchased a new stake in YETI in the 4th quarter worth $25,000. Blue Trust Inc. boosted its holdings in shares of YETI by 2,079.3% during the 4th quarter. Blue Trust Inc. now owns 632 shares of the company’s stock valued at $28,000 after purchasing an additional 603 shares during the last quarter. SBI Securities Co. Ltd. grew its position in shares of YETI by 91.2% during the fourth quarter. SBI Securities Co. Ltd. now owns 648 shares of the company’s stock valued at $29,000 after purchasing an additional 309 shares in the last quarter. Quarry LP purchased a new position in shares of YETI during the third quarter valued at about $30,000. Finally, Safe Harbor Fiduciary LLC bought a new stake in shares of YETI in the fourth quarter worth about $41,000.

About YETI

YETI Holdings, Inc is an American outdoor and lifestyle products company known for its premium, performance-driven coolers, drinkware and accessories. The company’s portfolio includes hard coolers under its flagship Tundra series, soft coolers in the Hopper line, and vacuum-insulated drinkware sold under the Rambler brand. YETI’s products are engineered for durability, temperature retention and rugged outdoor use, targeting consumers ranging from avid anglers and hunters to outdoor enthusiasts and everyday users seeking high-quality insulated containers.

Founded in 2006 by brothers Roy and Ryan Seiders in Austin, Texas, YETI began with a focus on building a better cooler that could withstand extreme conditions and maintain ice retention longer than traditional alternatives.