YETI Holdings, Inc. (NYSE:YETI) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of YETI Holdings, Inc. (NYSE:YETI) have earned a consensus recommendation of “Moderate Buy” from the sixteen brokerages that are currently covering the firm, MarketBeat reports. Six analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $55.5714.

YETI has been the subject of a number of recent analyst reports. Stifel Nicolaus increased their price objective on YETI from $42.00 to $45.00 and gave the stock a “hold” rating in a report on Friday, August 14th. Jefferies Financial Group reiterated a “buy” rating and set a $80.00 price objective on shares of YETI in a research report on Thursday, August 13th. Piper Sandler upped their price target on shares of YETI from $54.00 to $58.00 and gave the stock an “overweight” rating in a research note on Monday, August 10th. Robert W. Baird increased their target price on shares of YETI from $55.00 to $57.00 and gave the stock an “outperform” rating in a research report on Friday, August 14th. Finally, The Goldman Sachs Group raised shares of 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 report on Monday, July 20th.

YETI Price Performance

Shares of NYSE YETI opened at $43.88 on Friday. The company has a market capitalization of $3.20 billion, a price-to-earnings ratio of 19.16, a price-to-earnings-growth ratio of 1.21 and a beta of 1.72. YETI has a twelve month low of $31.66 and a twelve month high of $53.99. The business has a 50 day simple moving average of $49.26 and a 200-day simple moving average of $44.62. The company has a current ratio of 1.75, a quick ratio of 0.87 and a debt-to-equity ratio of 0.16.

YETI (NYSE:YETI) last issued its earnings results on Thursday, August 13th. The company reported $0.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.54 by $0.13. The firm had revenue of $483.87 million for the quarter, compared to analysts’ expectations of $483.80 million. YETI had a net margin of 9.24% and a return on equity of 23.79%. YETI’s revenue was up 8.5% on a year-over-year basis. During the same quarter last year, the company posted $0.66 earnings per share. YETI has set its FY 2026 guidance at 2.940-3.000 EPS. As a group, equities research analysts expect that YETI will post 2.44 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Bank of New York Mellon Corp acquired a new position in YETI in the 2nd quarter valued at approximately $57,971,000. Cooper Creek Partners Management LLC acquired a new position in YETI during the third quarter worth $36,150,000. Morgan Stanley increased its position in shares of YETI by 117.5% during the 4th quarter. Morgan Stanley now owns 1,884,361 shares of the company’s stock worth $83,232,000 after purchasing an additional 1,017,947 shares in the last quarter. Clark Capital Management Group Inc. bought a new position in YETI during the 4th quarter valued at about $44,666,000. Finally, Disciplined Growth Investors Inc. MN bought a new position in YETI during the 3rd quarter valued at about $25,640,000.

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.