YETI (NYSE:YETI) Hits New 12-Month High – Here’s Why

YETI Holdings, Inc. (NYSE:YETI)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as $51.49 and last traded at $50.4650, with a volume of 42846 shares changing hands. The stock had previously closed at $50.68.

Wall Street Analysts Forecast Growth

YETI has been the topic of several recent research reports. UBS Group decreased their price objective on YETI from $47.00 to $40.00 and set a “neutral” rating on the stock in a report on Tuesday, April 7th. Raymond James Financial restated an “outperform” rating and issued a $55.00 target price on shares of YETI in a research note on Friday, May 15th. Citigroup raised their target price on YETI from $44.00 to $53.00 and gave the stock a “buy” rating in a research report on Tuesday, February 24th. Robert W. Baird boosted their price target on shares of YETI from $54.00 to $55.00 and gave the company an “outperform” rating in a report on Friday, May 15th. Finally, Canaccord Genuity Group increased their price objective on shares of YETI from $40.00 to $42.00 and gave the company a “hold” rating in a research note on Friday, May 15th. Nine analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, YETI has an average rating of “Moderate Buy” and an average target price of $50.42.

YETI Stock Performance

The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.06 and a current ratio of 2.10. The firm has a 50 day moving average price of $42.00 and a two-hundred day moving average price of $43.27. The company has a market capitalization of $3.83 billion, a P/E ratio of 25.79, a price-to-earnings-growth ratio of 1.52 and a beta of 1.74.

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

Institutional Investors Weigh In On YETI

Several large investors have recently made changes to their positions in YETI. Richardson Financial Services Inc. bought a new position in YETI during the 4th quarter valued at about $25,000. Blue Trust Inc. grew its stake in YETI by 2,079.3% during the fourth quarter. Blue Trust Inc. now owns 632 shares of the company’s stock worth $28,000 after buying an additional 603 shares during the last quarter. SBI Securities Co. Ltd. increased its holdings in shares of YETI by 91.2% during the fourth quarter. SBI Securities Co. Ltd. now owns 648 shares of the company’s stock worth $29,000 after buying an additional 309 shares in the last quarter. Quarry LP bought a new position in shares of YETI in the third quarter valued at approximately $30,000. Finally, Abich Financial Wealth Management LLC bought a new position in shares of YETI in the third quarter valued at approximately $39,000.

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.