YETI Holdings, Inc. (NYSE:YETI) Receives $48.50 Average Price Target from Brokerages

Shares of YETI Holdings, Inc. (NYSE:YETI) have been assigned an average recommendation of “Moderate Buy” from the sixteen research firms that are currently covering the company, Marketbeat reports. Seven investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $48.50.

Several research firms have commented on YETI. Piper Sandler boosted their target price on YETI from $43.00 to $54.00 and gave the stock an “overweight” rating in a report on Tuesday, February 17th. B. Riley Financial raised YETI from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $35.00 to $54.00 in a report on Friday, February 20th. Robert W. Baird boosted their target price on YETI from $52.00 to $54.00 and gave the stock an “outperform” rating in a report on Friday, February 20th. Stifel Nicolaus set a $41.00 target price on YETI in a report on Thursday, April 16th. Finally, Morgan Stanley dropped their target price on YETI from $48.00 to $47.00 and set an “equal weight” rating on the stock in a report on Tuesday, March 10th.

YETI Stock Down 2.9%

Shares of YETI stock opened at $39.72 on Wednesday. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.98 and a quick ratio of 1.11. The company has a 50-day moving average of $38.68 and a 200 day moving average of $41.75. The firm has a market cap of $3.01 billion, a price-to-earnings ratio of 19.57, a PEG ratio of 1.33 and a beta of 1.69. YETI has a 1 year low of $28.98 and a 1 year high of $51.29.

YETI (NYSE:YETI) last issued its quarterly earnings results on Thursday, February 19th. The company reported $0.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.04. YETI had a net margin of 8.85% and a return on equity of 22.53%. The company had revenue of $583.71 million during the quarter, compared to analyst estimates of $582.43 million. During the same period last year, the business earned $1.00 EPS. YETI’s quarterly revenue was up 6.8% compared to the same quarter last year. YETI has set its FY 2026 guidance at 2.770-2.830 EPS. As a group, sell-side analysts anticipate that YETI will post 2.33 earnings per share for the current fiscal year.

Institutional Investors Weigh In On YETI

Several hedge funds have recently added to or reduced their stakes in YETI. L. Roy Papp & Associates LLP raised its position in shares of YETI by 0.5% in the 4th quarter. L. Roy Papp & Associates LLP now owns 53,095 shares of the company’s stock worth $2,345,000 after acquiring an additional 240 shares in the last quarter. Cardinal Point Capital Management ULC raised its position in shares of YETI by 0.7% in the 4th quarter. Cardinal Point Capital Management ULC now owns 41,845 shares of the company’s stock worth $1,848,000 after acquiring an additional 300 shares in the last quarter. LRI Investments LLC raised its position in shares of YETI by 8.0% in the 3rd quarter. LRI Investments LLC now owns 4,170 shares of the company’s stock worth $138,000 after acquiring an additional 309 shares in the last quarter. SBI Securities Co. Ltd. raised its position in shares of YETI by 91.2% in the 4th quarter. SBI Securities Co. Ltd. now owns 648 shares of the company’s stock worth $29,000 after acquiring an additional 309 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its position in shares of YETI by 6.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 5,670 shares of the company’s stock worth $250,000 after acquiring an additional 321 shares in 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.