YETI (NYSE:YETI) Upgraded at Wall Street Zen
by Jessica Moore · The Cerbat GemWall Street Zen upgraded shares of YETI (NYSE:YETI – Free Report) from a hold rating to a buy rating in a research note issued to investors on Saturday.
YETI has been the topic of several other reports. Morgan Stanley reduced their target price on YETI from $48.00 to $47.00 and set an “equal weight” rating on the stock in a research report on Tuesday, March 10th. UBS Group reduced their target price on YETI from $47.00 to $40.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 7th. Roth Mkm upgraded YETI from a “neutral” rating to a “buy” rating and set a $60.00 target price on the stock in a research report on Tuesday, February 17th. Stifel Nicolaus raised their price objective on YETI from $34.00 to $43.00 and gave the stock a “hold” rating in a report on Friday, December 12th. Finally, Citigroup lifted their price objective on YETI from $44.00 to $53.00 and gave the company a “buy” rating in a research note on Tuesday, February 24th. Nine analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $49.15.
View Our Latest Analysis on YETI
YETI Stock Performance
NYSE YETI opened at $36.84 on Friday. The business’s 50-day moving average price is $41.17 and its 200 day moving average price is $40.90. YETI has a twelve month low of $26.61 and a twelve month high of $51.29. The company has a market capitalization of $2.79 billion, a PE ratio of 18.15 and a beta of 1.80. The company has a current ratio of 1.98, a quick ratio of 1.11 and a debt-to-equity ratio of 0.11.
YETI (NYSE:YETI – Get Free Report) last released its earnings results on Thursday, February 19th. The company reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.04. YETI had a return on equity of 22.53% and a net margin of 8.85%.The firm had revenue of $583.71 million for the quarter, compared to the consensus estimate of $582.43 million. During the same period in the prior year, the business posted $1.00 earnings per share. The firm’s revenue for the quarter was up 6.8% compared to the same quarter last year. YETI has set its FY 2026 guidance at 2.770-2.830 EPS. On average, research analysts predict that YETI will post 2.57 earnings per share for the current year.
Institutional Investors Weigh In On YETI
Hedge funds have recently modified their holdings of the stock. Reinhart Partners LLC. raised its holdings in shares of YETI by 24.2% during the 3rd quarter. Reinhart Partners LLC. now owns 2,661,920 shares of the company’s stock valued at $88,323,000 after buying an additional 519,102 shares during the period. Congress Asset Management Co. raised its holdings in shares of YETI by 4.8% during the 4th quarter. Congress Asset Management Co. now owns 1,293,164 shares of the company’s stock valued at $57,119,000 after buying an additional 59,474 shares during the period. SG Americas Securities LLC raised its holdings in shares of YETI by 16,553.6% during the 4th quarter. SG Americas Securities LLC now owns 747,747 shares of the company’s stock valued at $33,028,000 after buying an additional 743,257 shares during the period. Cardinal Capital Management purchased a new stake in shares of YETI during the 3rd quarter valued at about $1,077,000. Finally, Cresset Asset Management LLC raised its holdings in shares of YETI by 40.4% during the 3rd quarter. Cresset Asset Management LLC now owns 78,292 shares of the company’s stock valued at $2,598,000 after buying an additional 22,521 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.