Yeti (YETI) Issues FY18 Earnings Guidance
Yeti (NYSE:YETI) updated its FY18 earnings guidance on Saturday. The company provided EPS guidance of $0.88-0.90 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.78.
A number of research analysts have issued reports on the company. Jefferies Financial Group assumed coverage on Yeti in a research report on Monday, November 19th. They set a buy rating for the company. Raymond James assumed coverage on Yeti in a report on Monday, November 19th. They issued an outperform rating and a $19.00 price objective for the company. Goldman Sachs Group assumed coverage on Yeti in a report on Monday, November 19th. They issued a buy rating and a $27.00 price objective for the company. KeyCorp assumed coverage on Yeti in a report on Monday, November 19th. They issued an overweight rating and a $22.00 price objective for the company. Finally, Citigroup assumed coverage on Yeti in a report on Monday, November 19th. They issued a buy rating and a $20.00 price objective for the company. Eleven investment analysts have rated the stock with a buy rating, The stock presently has an average rating of Buy and a consensus target price of $21.89.
Shares of Yeti stock opened at $16.72 on Monday. Yeti has a fifty-two week low of $12.40 and a fifty-two week high of $21.45.
In other Yeti news, major shareholder Group Fund V. L.P. Cortec sold 723,495 shares of Yeti stock in a transaction dated Wednesday, November 28th. The stock was sold at an average price of $18.00, for a total value of $13,022,910.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Roy J. Seiders sold 378,313 shares of Yeti stock in a transaction dated Wednesday, October 24th. The shares were sold at an average price of $18.00, for a total value of $6,809,634.00. The disclosure for this sale can be found here. Insiders sold a total of 2,219,966 shares of company stock worth $39,959,388 over the last 90 days.
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Yeti Company Profile
There is no company description available for Yeti Holdings Inc
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