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

YETI Holdings, Inc. (NYSE:YETI) has earned a consensus rating of “Moderate Buy” from the sixteen ratings firms that are presently covering the stock, Marketbeat.com reports. Seven investment analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is $48.50.

YETI has been the topic of a number of research reports. The Goldman Sachs Group reissued a “neutral” rating and set a $45.00 target price on shares of YETI in a research report on Tuesday, January 27th. Stifel Nicolaus set a $41.00 target price on shares of YETI in a research report on Thursday, April 16th. Citigroup increased their target price on shares of YETI from $44.00 to $53.00 and gave the company a “buy” rating in a research report on Tuesday, February 24th. KeyCorp raised shares of YETI from a “sector weight” rating to an “overweight” rating and set a $57.00 price target on the stock in a report on Friday, January 16th. Finally, Roth Mkm raised shares of YETI from a “neutral” rating to a “buy” rating and set a $60.00 price target on the stock in a report on Tuesday, February 17th.

YETI Trading Up 4.3%

NYSE YETI opened at $39.71 on Wednesday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.11 and a current ratio of 1.98. The company has a market capitalization of $3.01 billion, a price-to-earnings ratio of 19.56 and a beta of 1.69. The company’s 50-day simple moving average is $39.04 and its two-hundred day simple moving average is $41.50. YETI has a one year low of $27.34 and a one year high of $51.29.

YETI (NYSE:YETI) last posted its earnings results on Thursday, February 19th. The company reported $0.92 EPS for the quarter, beating analysts’ consensus estimates of $0.88 by $0.04. The business had revenue of $583.71 million for the quarter, compared to the consensus estimate of $582.43 million. YETI had a net margin of 8.85% and a return on equity of 22.53%. The company’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter last year, the firm posted $1.00 EPS. YETI has set its FY 2026 guidance at 2.770-2.830 EPS. Equities analysts forecast that YETI will post 2.33 EPS for the current fiscal year.

Hedge Funds Weigh In On YETI

Institutional investors and hedge funds have recently bought and sold shares of the company. Reinhart Partners LLC. grew its holdings in YETI by 24.2% in the third quarter. Reinhart Partners LLC. now owns 2,661,920 shares of the company’s stock worth $88,323,000 after purchasing an additional 519,102 shares during the last quarter. Congress Asset Management Co. grew its position in YETI by 4.8% during the 4th quarter. Congress Asset Management Co. now owns 1,293,164 shares of the company’s stock worth $57,119,000 after purchasing an additional 59,474 shares during the last quarter. SG Americas Securities LLC grew its position in YETI by 16,553.6% during the 4th quarter. SG Americas Securities LLC now owns 747,747 shares of the company’s stock worth $33,028,000 after purchasing an additional 743,257 shares during the last quarter. Dean Capital Management grew its position in YETI by 40.2% during the 3rd quarter. Dean Capital Management now owns 107,565 shares of the company’s stock worth $3,569,000 after purchasing an additional 30,822 shares during the last quarter. Finally, Baillie Gifford & Co. grew its position in YETI by 50.9% during the 4th quarter. Baillie Gifford & Co. now owns 3,945,196 shares of the company’s stock worth $174,259,000 after purchasing an additional 1,330,278 shares during the last quarter.

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.