Analysts Set YETI Holdings, Inc. (NYSE:YETI) Price Target at $50.42

YETI Holdings, Inc. (NYSE:YETI) has been given an average recommendation of “Moderate Buy” by the sixteen research firms that are presently covering the company, Marketbeat.com reports. Seven equities research analysts have rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $50.4167.

A number of research firms have recently commented on YETI. Raymond James Financial reiterated an “outperform” rating and issued a $55.00 price objective on shares of YETI in a research note on Friday, May 15th. Morgan Stanley set a $45.00 price objective on YETI in a research note on Tuesday, June 23rd. Weiss Ratings lowered YETI from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Robert W. Baird boosted their price target on YETI from $54.00 to $55.00 and gave the company an “outperform” rating in a research note on Friday, May 15th. Finally, Canaccord Genuity Group boosted their price target on YETI from $42.00 to $45.00 and gave the company a “hold” rating in a research note on Tuesday, June 23rd.

YETI Price Performance

Shares of NYSE:YETI opened at $50.19 on Thursday. YETI has a fifty-two week low of $30.51 and a fifty-two week high of $51.89. The business has a 50-day moving average of $44.86 and a two-hundred day moving average of $43.87. The stock has a market capitalization of $3.80 billion, a P/E ratio of 25.61, a P/E/G ratio of 1.61 and a beta of 1.74. 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 announced its quarterly earnings results on Thursday, May 14th. The company reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.09. The company had revenue of $380.41 million during the quarter, compared to analysts’ expectations of $374.73 million. YETI had a return on equity of 22.61% and a net margin of 8.36%.The business’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.31 earnings per share. YETI has set its FY 2026 guidance at 2.830-2.890 EPS. On average, equities research analysts predict that YETI will post 2.44 EPS for the current fiscal year.

Hedge Funds Weigh In On YETI

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Richardson Financial Services Inc. bought a new position in YETI during the fourth quarter valued at about $25,000. Blue Trust Inc. increased its stake in YETI by 2,079.3% during the fourth quarter. Blue Trust Inc. now owns 632 shares of the company’s stock valued at $28,000 after acquiring an additional 603 shares during the period. SBI Securities Co. Ltd. increased its stake in 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 acquiring an additional 309 shares during the period. Quarry LP bought a new position in YETI during the third quarter valued at about $30,000. Finally, Safe Harbor Fiduciary LLC bought a new position in YETI during the fourth quarter valued at about $41,000.

YETI Company Profile

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.