YETI (NYSE:YETI) Shares Gap Up Following Strong Earnings

YETI Holdings, Inc. (NYSE:YETI) gapped up before the market opened on Thursday following a better than expected earnings announcement. The stock had previously closed at $38.33, but opened at $44.11. YETI shares last traded at $41.4550, with a volume of 403,133 shares traded.

The company reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.09. The firm had revenue of $380.41 million during the quarter, compared to analysts’ expectations of $374.73 million. YETI had a return on equity of 22.53% and a net margin of 8.85%.The firm’s revenue was up 8.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.31 earnings per share. YETI has set its FY 2026 guidance at 2.830-2.890 EPS.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on YETI shares. Roth Mkm upgraded shares of YETI from a “neutral” rating to a “buy” rating and set a $60.00 price target on the stock in a research note on Tuesday, February 17th. Morgan Stanley dropped their price objective on YETI from $48.00 to $47.00 and set an “equal weight” rating on the stock in a report on Tuesday, March 10th. KeyCorp upgraded YETI from a “sector weight” rating to an “overweight” rating and set a $57.00 target price on the stock in a research report on Friday, January 16th. Robert W. Baird boosted their target price on YETI from $52.00 to $54.00 and gave the company an “outperform” rating in a report on Friday, February 20th. Finally, The Goldman Sachs Group reissued a “neutral” rating and issued a $45.00 target price on shares of YETI in a research report on Tuesday, January 27th. Nine investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $48.50.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of YETI. Richardson Financial Services Inc. acquired a new stake in shares of YETI during the fourth quarter worth about $25,000. Blue Trust Inc. increased its position in YETI by 2,079.3% in the 4th quarter. Blue Trust Inc. now owns 632 shares of the company’s stock valued at $28,000 after acquiring an additional 603 shares during the period. SBI Securities Co. Ltd. increased its position in YETI by 91.2% in the 4th quarter. SBI Securities Co. Ltd. now owns 648 shares of the company’s stock valued at $29,000 after acquiring an additional 309 shares during the period. Quarry LP purchased a new stake in YETI during the 3rd quarter valued at approximately $30,000. Finally, Abich Financial Wealth Management LLC purchased a new stake in YETI during the 3rd quarter valued at approximately $39,000.

YETI Stock Up 6.0%

The business has a 50-day simple moving average of $38.58 and a two-hundred day simple moving average of $41.77. The company has a market capitalization of $3.08 billion, a price-to-earnings ratio of 20.03, a PEG ratio of 1.29 and a beta of 1.69. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.11 and a current ratio of 1.98.

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.