YETI (NYSE:YETI) Issues FY 2026 Earnings Guidance

YETI (NYSE:YETI) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 2.940-3.000 for the period, compared to the consensus estimate of 2.800. The company issued revenue guidance of $2.0 billion-$2.0 billion, compared to the consensus revenue estimate of $2.0 billion.

Analyst Ratings Changes

Several research firms have issued reports on YETI. Canaccord Genuity Group upped their target price on shares of YETI from $42.00 to $45.00 and gave the company a “hold” rating in a research note on Tuesday, June 23rd. Weiss Ratings restated a “hold (c)” rating on shares of YETI in a research report on Friday, August 7th. UBS Group upped their price objective on YETI from $45.00 to $51.00 and gave the stock a “neutral” rating in a research note on Thursday, July 16th. Stifel Nicolaus set a $42.00 price objective on shares of YETI in a research report on Friday, May 15th. Finally, The Goldman Sachs Group upgraded YETI from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $46.00 to $63.00 in a research report on Monday, July 20th. Ten analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $53.17.

YETI Trading Up 0.1%

NYSE YETI opened at $50.83 on Thursday. The company’s 50-day simple moving average is $49.80 and its two-hundred day simple moving average is $44.73. YETI has a one year low of $31.66 and a one year high of $53.99. The company has a market capitalization of $3.85 billion, a price-to-earnings ratio of 25.93, a price-to-earnings-growth ratio of 1.60 and a beta of 1.72. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.06 and a current ratio of 2.10.

YETI (NYSE:YETI) last issued its quarterly earnings data on Thursday, August 13th. The company reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.13. The company had revenue of $483.87 million for the quarter, compared to analyst estimates of $483.80 million. YETI had a net margin of 8.36% and a return on equity of 22.61%. YETI has set its FY 2026 guidance at 2.940-3.000 EPS. Equities analysts forecast that YETI will post 2.44 EPS for the current fiscal year.

Hedge Funds Weigh In On YETI

A number of large investors have recently made changes to their positions in the business. Wellington Management Group LLP boosted its stake in YETI by 14.3% in the 3rd quarter. Wellington Management Group LLP now owns 5,578,329 shares of the company’s stock worth $185,089,000 after purchasing an additional 696,983 shares in the last quarter. Morgan Stanley increased its stake in YETI by 117.5% during the 4th quarter. Morgan Stanley now owns 1,884,361 shares of the company’s stock valued at $83,232,000 after purchasing an additional 1,017,947 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of YETI by 2.3% in the third quarter. Dimensional Fund Advisors LP now owns 1,847,025 shares of the company’s stock worth $61,291,000 after buying an additional 41,766 shares during the last quarter. Loomis Sayles & Co. L P raised its holdings in shares of YETI by 14.6% in the fourth quarter. Loomis Sayles & Co. L P now owns 1,409,040 shares of the company’s stock worth $62,237,000 after buying an additional 179,275 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in shares of YETI by 44.2% during the fourth quarter. Bank of New York Mellon Corp now owns 1,252,256 shares of the company’s stock worth $55,312,000 after buying an additional 383,771 shares during the period.

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.