YETI (NYSE:YETI) Issues Quarterly Earnings Results, Misses Expectations By $0.06 EPS

YETI (NYSE:YETI) announced its earnings results on Thursday. The company reported $0.87 earnings per share for the quarter, missing the consensus estimate of $0.93 by ($0.06), Zacks reports. YETI had a net margin of 11.15% and a return on equity of 28.31%. The business had revenue of $555.37 million for the quarter, compared to the consensus estimate of $554.08 million. YETI updated its FY 2025 guidance to 2.900-2.950 EPS.

YETI Price Performance

YETI stock traded up $0.44 during midday trading on Friday, reaching $38.02. 2,150,866 shares of the company’s stock traded hands, compared to its average volume of 1,282,444. The company has a 50-day simple moving average of $38.78 and a two-hundred day simple moving average of $39.21. YETI has a 1-year low of $33.41 and a 1-year high of $45.25. The company has a market cap of $3.22 billion, a price-to-earnings ratio of 16.32, a PEG ratio of 1.06 and a beta of 2.13. The company has a quick ratio of 1.45, a current ratio of 2.58 and a debt-to-equity ratio of 0.10.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. UBS Group decreased their target price on YETI from $44.00 to $43.00 and set a “neutral” rating for the company in a research note on Thursday, January 16th. Stifel Nicolaus reduced their price objective on YETI from $45.00 to $40.00 and set a “hold” rating for the company in a research report on Friday. KeyCorp reduced their price objective on YETI from $36.00 to $35.00 and set an “underweight” rating for the company in a research report on Wednesday, January 8th. Piper Sandler reiterated an “overweight” rating and issued a $54.00 price objective (down previously from $55.00) on shares of YETI in a research report on Friday, November 8th. Finally, Morgan Stanley reduced their price objective on YETI from $48.00 to $45.00 and set an “equal weight” rating for the company in a research report on Friday. One analyst has rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $44.77.

YETI Company Profile

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.