YETI (NYSE:YETI) Announces Quarterly Earnings Results

YETI (NYSE:YETI) released its quarterly earnings data on Thursday. The company reported $0.87 earnings per share for the quarter, missing the consensus estimate of $0.93 by ($0.06), Zacks reports. YETI had a return on equity of 28.31% and a net margin of 11.15%. YETI updated its FY 2025 guidance to 2.900-2.950 EPS.

YETI Price Performance

YETI opened at $38.02 on Friday. The firm has a market cap of $3.22 billion, a P/E ratio of 16.32, a PEG ratio of 1.06 and a beta of 2.13. The firm has a 50-day moving average of $38.78 and a 200 day moving average of $39.21. YETI has a fifty-two week low of $33.41 and a fifty-two week high of $45.25. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.45 and a current ratio of 2.58.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. KeyCorp lowered their price objective on shares of YETI from $36.00 to $35.00 and set an “underweight” rating on the stock in a report on Wednesday, January 8th. TD Cowen reduced their target price on shares of YETI from $46.00 to $44.00 and set a “hold” rating for the company in a research note on Monday, November 11th. Canaccord Genuity Group reduced their target price on shares of YETI from $44.00 to $42.00 and set a “hold” rating for the company in a research note on Friday. Piper Sandler reiterated an “overweight” rating and issued a $54.00 target price (down previously from $55.00) on shares of YETI in a research note on Friday, November 8th. Finally, Bank of America lowered shares of YETI from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $55.00 to $40.00 in a research note on Wednesday, November 6th. One analyst has rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, YETI presently has an average rating of “Hold” and a consensus price target of $44.77.

YETI Company Profile

YETI Holdings, Inc designs, retails, and distributes products for the outdoor and recreation market under the YETI brand. It offers coolers and equipment, including hard and soft coolers, cargo, bags, outdoor living, and associated accessories, as well as backpacks, duffel bags, luggage, packing cubes, carryalls, camp chairs, blankets, dog beds, dog bowls, and gear cases under the LoadOut, Panga, Crossroads, Camino, Hondo Base, Trailhead, Lowlands, Boomer, and SideKick Dry brands.