Brokerages Set YETI Holdings, Inc. (NYSE:YETI) Target Price at $49.15

YETI Holdings, Inc. (NYSE:YETI) has received an average rating of “Moderate Buy” from the sixteen ratings firms that are covering the company, Marketbeat.com reports. Seven research analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $49.1538.

YETI has been the subject of several recent research reports. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $45.00 price target on shares of YETI in a report on Tuesday, January 27th. B. Riley Financial raised YETI from a “neutral” rating to a “buy” rating and increased their price target for the company from $35.00 to $54.00 in a report on Friday, February 20th. Wall Street Zen raised YETI from a “hold” rating to a “buy” rating in a report on Saturday, April 11th. UBS Group cut their price target on YETI from $47.00 to $40.00 and set a “neutral” rating for the company in a report on Tuesday, April 7th. Finally, Canaccord Genuity Group increased their price target on YETI from $37.00 to $40.00 and gave the company a “hold” rating in a report on Thursday, January 8th.

Institutional Investors Weigh In On YETI

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Richardson Financial Services Inc. acquired a new stake in YETI during the fourth quarter worth $25,000. Blue Trust Inc. boosted its position in shares of YETI by 2,079.3% during the fourth quarter. Blue Trust Inc. now owns 632 shares of the company’s stock worth $28,000 after buying an additional 603 shares during the period. True Wealth Design LLC boosted its position in shares of YETI by 141.1% during the third quarter. True Wealth Design LLC now owns 885 shares of the company’s stock worth $29,000 after buying an additional 518 shares during the period. SBI Securities Co. Ltd. boosted its position in shares of YETI by 91.2% during 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 period. Finally, Quarry LP purchased a new position in shares of YETI during the third quarter worth $30,000.

YETI Price Performance

NYSE:YETI opened at $38.68 on Friday. YETI has a one year low of $26.61 and a one year high of $51.29. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.11 and a current ratio of 1.98. The stock has a market cap of $2.93 billion, a PE ratio of 19.06 and a beta of 1.80. The stock has a 50 day moving average price of $40.85 and a 200 day moving average price of $40.92.

YETI (NYSE:YETI) last posted its quarterly earnings results on Thursday, February 19th. The company reported $0.92 EPS for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $582.43 million. During the same quarter last year, the firm earned $1.00 earnings per share. The business’s revenue for the quarter was up 6.8% on a year-over-year basis. YETI has set its FY 2026 guidance at 2.770-2.830 EPS. Equities research analysts expect that YETI will post 2.57 EPS for the current fiscal year.

YETI Company Profile

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.