YETI Holdings, Inc. (NYSE:YETI) Given Average Rating of "Hold" by Analysts

Shares of YETI Holdings, Inc. (NYSE:YETI - Get Free Report) have been assigned a consensus recommendation of "Hold" from the fourteen analysts that are covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $45.46.

A number of equities research analysts have recently issued reports on YETI shares. Roth Mkm boosted their target price on shares of YETI from $42.00 to $43.00 and gave the company a "neutral" rating in a research report on Friday, August 9th. Piper Sandler reaffirmed an "overweight" rating and set a $54.00 target price (down from $55.00) on shares of YETI in a report on Friday, November 8th. KeyCorp boosted their price target on YETI from $36.00 to $38.00 and gave the company an "underweight" rating in a research note on Friday, August 9th. Bank of America lowered YETI from a "buy" rating to a "neutral" rating and lowered their price objective for the stock from $55.00 to $40.00 in a research note on Wednesday, November 6th. Finally, TD Cowen cut their target price on YETI from $46.00 to $44.00 and set a "hold" rating for the company in a research report on Monday, November 11th.

YETI Stock Performance

Shares of NYSE:YETI traded up $0.61 during trading on Wednesday, reaching $40.43. 414,533 shares of the stock were exchanged, compared to its average volume of 1,624,619. The firm has a market cap of $3.43 billion, a PE ratio of 17.48, a PEG ratio of 1.17 and a beta of 2.12. The company has a current ratio of 2.58, a quick ratio of 1.45 and a debt-to-equity ratio of 0.10. YETI has a 12 month low of $33.41 and a 12 month high of $54.15. The stock has a 50-day moving average price of $39.00 and a 200-day moving average price of $39.43.

Institutional Trading of YETI

A number of institutional investors and hedge funds have recently bought and sold shares of YETI. Vanguard Group Inc. increased its position in YETI by 0.7% during the 1st quarter. Vanguard Group Inc. now owns 8,266,931 shares of the company's stock valued at $318,690,000 after purchasing an additional 57,582 shares during the period. Lazard Asset Management LLC bought a new stake in YETI during the first quarter valued at $132,000. Price T Rowe Associates Inc. MD grew its holdings in YETI by 5.3% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 52,226 shares of the company's stock worth $2,014,000 after acquiring an additional 2,650 shares during the period. Janus Henderson Group PLC boosted its holdings in shares of YETI by 65.8% during the 1st quarter. Janus Henderson Group PLC now owns 68,237 shares of the company's stock worth $2,630,000 after buying an additional 27,076 shares in the last quarter. Finally, Tidal Investments LLC boosted its stake in YETI by 48.5% during the first quarter. Tidal Investments LLC now owns 22,395 shares of the company's stock worth $863,000 after acquiring an additional 7,316 shares in the last quarter.

About YETI

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.