YETI (NYSE:YETI) Hits New 1-Year High – Still a Buy?

YETI Holdings, Inc. (NYSE:YETI)’s stock price reached a new 52-week high on Wednesday . The company traded as high as $53.85 and last traded at $53.64, with a volume of 124324 shares changing hands. The stock had previously closed at $51.75.

Analysts Set New Price Targets

YETI has been the topic of a number of recent analyst reports. Weiss Ratings downgraded shares of YETI from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. UBS Group raised their price target on shares of YETI from $45.00 to $51.00 and gave the stock a “neutral” rating in a report on Thursday, July 16th. Wall Street Zen upgraded YETI from a “hold” rating to a “buy” rating in a report on Saturday, July 4th. Stifel Nicolaus set a $42.00 target price on shares of YETI in a research report on Friday, May 15th. Finally, Morgan Stanley set a $45.00 target price on shares of YETI in a report on Tuesday, June 23rd. Ten equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $52.83.

YETI Stock Down 1.1%

The company has a current ratio of 2.10, a quick ratio of 1.06 and a debt-to-equity ratio of 0.10. The firm has a market capitalization of $3.93 billion, a P/E ratio of 26.49, a P/E/G ratio of 1.66 and a beta of 1.72. The stock’s 50-day simple moving average is $49.44 and its 200-day simple moving average is $44.66.

YETI (NYSE:YETI) last announced its 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 firm had revenue of $380.41 million for the quarter, compared to the consensus estimate of $374.73 million. YETI had a return on equity of 22.61% and a net margin of 8.36%.The company’s revenue was up 8.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.31 EPS. YETI has set its FY 2026 guidance at 2.830-2.890 EPS. As a group, research analysts predict that YETI Holdings, Inc. will post 2.44 earnings per share for the current fiscal year.

Institutional Investors Weigh In On YETI

A number of hedge funds have recently made changes to their positions in YETI. Richardson Financial Services Inc. bought a new position in YETI during the fourth quarter valued at about $25,000. Blue Trust Inc. boosted its stake in YETI by 2,079.3% in 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 last quarter. SBI Securities Co. Ltd. boosted its stake in YETI by 91.2% in 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 last quarter. Quarry LP bought a new position in shares of YETI during the 3rd quarter valued at approximately $30,000. Finally, Safe Harbor Fiduciary LLC purchased a new stake in shares of YETI during the 4th quarter worth approximately $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.