YETI (NYSE:YETI) Posts Quarterly Earnings Results

YETI (NYSE:YETI - Get Free Report) issued 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%. The company had revenue of $555.37 million for the quarter, compared to analysts' expectations of $554.08 million. YETI updated its FY 2025 guidance to 2.900-2.950 EPS.

YETI Stock Performance

NYSE:YETI traded up $0.44 during midday trading on Monday, reaching $38.02. The stock had a trading volume of 2,150,866 shares, compared to its average volume of 1,282,444. The stock has a market cap of $3.22 billion, a P/E ratio of 16.32, a P/E/G ratio of 1.06 and a beta of 2.13. The company has a quick ratio of 1.45, a current ratio of 2.58 and a debt-to-equity ratio of 0.10. YETI has a 12-month low of $33.41 and a 12-month high of $45.25. The firm has a fifty day simple moving average of $38.78 and a two-hundred day simple moving average of $39.19.

Wall Street Analyst Weigh In

Several research firms have issued reports on YETI. Stifel Nicolaus decreased their price objective on shares of YETI from $45.00 to $40.00 and set a "hold" rating for the company in a research note on Friday. Piper Sandler reissued an "overweight" rating and issued a $54.00 target price (down from $55.00) on shares of YETI in a report on Friday, November 8th. UBS Group dropped their price target on YETI from $44.00 to $43.00 and set a "neutral" rating on the stock in a research note on Thursday, January 16th. KeyCorp reduced their price objective on YETI from $36.00 to $35.00 and set an "underweight" rating for the company in a research note on Wednesday, January 8th. Finally, Bank of America lowered shares of YETI from a "buy" rating to a "neutral" rating and lowered their target price for the stock from $55.00 to $40.00 in a research report on Wednesday, November 6th. One equities research 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. According to MarketBeat.com, YETI presently has an average rating of "Hold" and an average 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.