YETI (NYSE:YETI) Shares Gap Down – Here’s Why

YETI Holdings, Inc. (NYSE:YETI)’s stock price gapped down prior to trading on Thursday . The stock had previously closed at $50.84, but opened at $46.00. YETI shares last traded at $45.0480, with a volume of 923,717 shares trading hands.

YETI News Roundup

Here are the key news stories impacting YETI this week:

• Positive Sentiment: Quarterly results exceeded expectations. YETI reported adjusted earnings of $0.67 per share, above the roughly $0.54-$0.55 consensus, while revenue rose 8.5% year over year to $483.9 million, broadly matching estimates. The company cited broad-based sales strength. YETI Reports Second Quarter 2026 Results
• Positive Sentiment: Full-year profitability guidance was raised. YETI now expects fiscal 2026 EPS of $2.94-$3.00, above the previous outlook and approximately $2.80 analyst consensus. The company also raised its gross-margin outlook to 57.5%-58% and plans to return $130 million to shareholders through share repurchases. YETI Raises 2026 EPS and Gross-Margin Outlook
• Positive Sentiment: Several analysts increased their price targets. Robert W. Baird raised its target to $57 and maintained an “outperform” rating, while Stifel lifted its target to $45 but retained a “hold” rating. The brokerage consensus remains “Moderate Buy.” YETI Analysts Boost Their Forecasts
• Neutral Sentiment: YETI introduced new hunting gear, drinkware and crossbody products. These launches could support future sales, but there is no disclosed revenue impact yet. YETI Hunting Collection
• Negative Sentiment: The post-earnings selloff reflects investor disappointment despite the beats. Revenue growth was solid but not substantially above expectations, and investors may have been positioned for a stronger outlook. Promotional coverage highlighting steep discounts on YETI products also raises questions about pricing and near-term demand quality. YETI Earnings Selloff

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on YETI shares. Morgan Stanley set a $45.00 price objective on shares of YETI in a research note on Tuesday, June 23rd. Robert W. Baird raised their target price on YETI from $55.00 to $57.00 and gave the stock an “outperform” rating in a research report on Friday. UBS Group raised their target price on YETI from $45.00 to $51.00 and gave the stock a “neutral” rating in a research report on Thursday, July 16th. Bank of America lifted their price target on YETI from $44.00 to $48.00 and gave the company a “neutral” rating in a report on Friday. Finally, The Goldman Sachs Group raised YETI from a “neutral” rating to a “buy” rating and upped their price target for the company from $46.00 to $63.00 in a research report on Monday, July 20th. Ten research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $55.29.

YETI Trading Down 2.3%

The business’s 50-day simple moving average is $49.69 and its 200-day simple moving average is $44.72. The company has a market cap of $3.37 billion, a PE ratio of 19.41, a P/E/G ratio of 1.43 and a beta of 1.72. The company has a current ratio of 1.75, a quick ratio of 1.06 and a debt-to-equity ratio of 0.16.

YETI (NYSE:YETI) last posted its quarterly earnings results on Thursday, August 13th. The company reported $0.67 EPS for the quarter, beating the consensus estimate of $0.54 by $0.13. YETI had a net margin of 9.24% and a return on equity of 23.79%. The business had revenue of $483.87 million for the quarter, compared to analysts’ expectations of $483.80 million. During the same period in the previous year, the company posted $0.66 EPS. YETI’s revenue was up 8.5% on a year-over-year basis. YETI has set its FY 2026 guidance at 2.940-3.000 EPS. As a group, analysts expect that YETI Holdings, Inc. will post 2.44 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of YETI. GAMMA Investing LLC lifted its holdings in shares of YETI by 4.3% during the 2nd quarter. GAMMA Investing LLC now owns 5,113 shares of the company’s stock valued at $253,000 after buying an additional 211 shares during the last quarter. L. Roy Papp & Associates LLP grew its stake in shares of YETI by 0.5% in the 4th quarter. L. Roy Papp & Associates LLP now owns 53,095 shares of the company’s stock valued at $2,345,000 after buying an additional 240 shares in the last quarter. Cardinal Point Capital Management ULC increased its holdings in YETI by 0.7% in the fourth quarter. Cardinal Point Capital Management ULC now owns 41,845 shares of the company’s stock worth $1,848,000 after buying an additional 300 shares during the last quarter. SBI Securities Co. Ltd. increased its holdings in YETI by 91.2% in the fourth quarter. SBI Securities Co. Ltd. now owns 648 shares of the company’s stock worth $29,000 after buying an additional 309 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its position in YETI by 6.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 5,670 shares of the company’s stock valued at $250,000 after acquiring an additional 321 shares in the last quarter.

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.