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.

Yeti (NYSE:YETI) last posted its quarterly earnings results on Thursday, November 29th. The company reported $0.22 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.21 by $0.01. The company had revenue of $196.10 million during the quarter, compared to the consensus estimate of $195.16 million. The business’s quarterly revenue was up 7.2% on a year-over-year basis. Equities analysts anticipate that Yeti will post 0.68 EPS for the current fiscal year.

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.

ILLEGAL ACTIVITY WARNING: This news story was first reported by Watch List News and is owned by of Watch List News. If you are reading this news story on another website, it was stolen and reposted in violation of international trademark & copyright laws. The original version of this news story can be read at https://www.watchlistnews.com/yeti-yeti-issues-fy18-earnings-guidance/2745083.html.

Yeti Company Profile

There is no company description available for Yeti Holdings Inc

See Also: Moving Average (MA)

Earnings History and Estimates for Yeti (NYSE:YETI)

Receive News & Ratings for Yeti Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yeti and related companies with MarketBeat.com's FREE daily email newsletter.