YETI Holdings, Inc. (NYSE:YETI) Stock Has Consensus Price Target of $55.20

YETI Holdings, Inc. (NYSE:YETI) has been assigned an average rating of “Moderate Buy” from the seventeen brokerages that are currently covering the company, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $55.20.

YETI has been the subject of several recent analyst reports. UBS Group set a $44.00 price objective on shares of YETI in a research report on Thursday, October 15th. Stifel Nicolaus upgraded shares of YETI from a “hold” rating to a “buy” rating and boosted their target price for the company from $45.00 to $50.00 in a report on Friday, September 18th. Jefferies Financial Group restated a “buy” rating and set a $80.00 price target on shares of YETI in a report on Thursday, August 13th. Wall Street Zen raised shares of YETI from a “hold” rating to a “buy” rating in a research report on Saturday, July 4th. Finally, LADENBURG THALM/SH SH initiated coverage on shares of YETI in a research report on Tuesday, October 13th. They set a “buy” rating and a $52.00 price target on the stock.

YETI Price Performance

NYSE:YETI opened at $43.71 on Wednesday. YETI has a one year low of $32.26 and a one year high of $53.99. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.87 and a current ratio of 1.75. The stock has a market cap of $3.19 billion, a PE ratio of 19.09, a P/E/G ratio of 1.16 and a beta of 1.68. The stock has a 50 day moving average price of $41.62 and a 200 day moving average price of $44.07.

YETI (NYSE:YETI) last released its quarterly earnings data on Thursday, August 13th. The company reported $0.67 earnings per share for the quarter, topping analysts’ consensus estimates of $0.54 by $0.13. YETI had a return on equity of 23.79% and a net margin of 9.24%. The company had revenue of $483.87 million for the quarter, compared to analyst estimates of $483.80 million. During the same quarter in the previous year, the company posted $0.66 earnings per share. The firm’s revenue for the quarter was up 8.5% compared to the same quarter last year. YETI has set its FY 2026 guidance at 2.940-3.000 EPS. Equities research analysts expect that YETI will post 2.56 EPS for the current fiscal year.

Institutional Investors Weigh In On YETI

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Hsbc Holdings PLC purchased a new position in YETI during the second quarter worth about $2,527,000. Hillsdale Investment Management Inc. raised its stake in shares of YETI by 21,066.7% in the 1st quarter. Hillsdale Investment Management Inc. now owns 95,250 shares of the company’s stock valued at $3,485,000 after acquiring an additional 94,800 shares during the period. Quantedge Capital Pte Ltd purchased a new stake in shares of YETI in the 1st quarter valued at approximately $904,000. Empowered Funds LLC lifted its holdings in shares of YETI by 2,858.7% in the 1st quarter. Empowered Funds LLC now owns 289,125 shares of the company’s stock worth $10,579,000 after acquiring an additional 279,353 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its holdings in shares of YETI by 105.5% in the 1st quarter. Renaissance Technologies LLC now owns 85,500 shares of the company’s stock worth $3,128,000 after acquiring an additional 43,900 shares during the last quarter.

About YETI

YETI Holdings, Inc (NYSE: YETI) designs, markets and distributes premium outdoor products for customers who spend time fishing, hunting, camping, boating and participating in other outdoor activities. The company is headquartered in Austin, Texas, and was founded in 2006 by brothers Roy and Ryan Seiders.

YETI’s product portfolio includes hard and soft coolers, drinkware, insulated bags, outdoor gear, cookware and products for outdoor living. Its offerings are designed to provide durability, insulation and performance in demanding conditions, and are sold under the YETI brand through the company’s website, retail stores and a network of wholesale partners.

The company serves customers primarily in North America while also operating in international markets, including parts of Europe, Australia and Asia.