YETI (NYSE:YETI) Shares Down 5.5% – Here’s Why

YETI Holdings, Inc. (NYSE:YETI)’s share price dropped 5.5% during mid-day trading on Tuesday . The company traded as low as $37.94 and last traded at $38.1750. Approximately 2,257,614 shares changed hands during trading, an increase of 49% from the average daily volume of 1,513,490 shares. The stock had previously closed at $40.39.

Wall Street Analyst Weigh In

A number of brokerages recently commented on YETI. Robert W. Baird raised their price objective on shares of YETI from $52.00 to $54.00 and gave the company an “outperform” rating in a research report on Friday, February 20th. Citigroup increased their target price on YETI from $44.00 to $53.00 and gave the stock a “buy” rating in a research note on Tuesday, February 24th. Canaccord Genuity Group raised their price target on YETI from $37.00 to $40.00 and gave the company a “hold” rating in a report on Thursday, January 8th. Morgan Stanley dropped their price objective on YETI from $48.00 to $47.00 and set an “equal weight” rating on the stock in a report on Tuesday. Finally, UBS Group increased their price objective on YETI from $38.00 to $51.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 14th. Nine analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $50.00.

YETI Stock Down 3.4%

The company has a current ratio of 1.98, a quick ratio of 1.11 and a debt-to-equity ratio of 0.11. The firm has a 50 day moving average price of $46.32 and a 200-day moving average price of $40.66. The firm has a market cap of $2.74 billion, a price-to-earnings ratio of 17.94 and a beta of 1.77.

YETI (NYSE:YETI) last posted its earnings results on Thursday, February 19th. The company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.04. The firm had revenue of $583.71 million during 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 firm’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same period last year, the firm posted $1.00 EPS. YETI has set its FY 2026 guidance at 2.770-2.830 EPS. On average, equities analysts forecast that YETI Holdings, Inc. will post 2.57 EPS for the current year.

Institutional Investors Weigh In On YETI

A number of large investors have recently bought and sold shares of YETI. Richardson Financial Services Inc. acquired a new position in shares of YETI in the fourth quarter worth $25,000. Blue Trust Inc. increased its position in YETI by 2,079.3% during the 4th quarter. Blue Trust Inc. now owns 632 shares of the company’s stock worth $28,000 after purchasing an additional 603 shares in the last quarter. True Wealth Design LLC raised its stake in YETI by 141.1% in the 3rd quarter. True Wealth Design LLC now owns 885 shares of the company’s stock valued at $29,000 after purchasing an additional 518 shares during the last quarter. SBI Securities Co. Ltd. lifted its holdings in YETI by 91.2% in the 4th quarter. SBI Securities Co. Ltd. now owns 648 shares of the company’s stock valued at $29,000 after purchasing an additional 309 shares in the last quarter. Finally, Quarry LP acquired a new stake in shares of YETI during the 3rd quarter worth about $30,000.

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.