YETI Holdings Inc [YETI] stock prices are up 3.17% to $37.73 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The YETI shares have lost -3.87% over the last week, with a monthly amount drifted -4.24%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
YETI Holdings Inc [NYSE: YETI] stock has seen the most recent analyst activity on January 04, 2024, when Canaccord Genuity downgraded its rating to a Hold and also boosted its price target to $50 from $49. Previously, Exane BNP Paribas downgraded its rating to Neutral on October 05, 2023, and kept the price target unchanged to $42. B. Riley Securities started tracking the stock assigning a Neutral rating and suggested a price target of $50 on September 21, 2023. KeyBanc Capital Markets downgraded its rating to a Underweight but $34 remained the price target by the analyst firm on July 17, 2023. In a note dated February 24, 2023, Goldman downgraded an Neutral rating on this stock and revised its target price from $51 to $43.
The stock price of YETI Holdings Inc [YETI] has been fluctuating between $33.88 and $54.15 over the past year. Currently, Wall Street analysts expect the stock to reach $74.13 within the next 12 months. YETI Holdings Inc [NYSE: YETI] shares were valued at $37.73 at the most recent close of the market. An investor can expect a potential return of 96.47% based on the average YETI price forecast.
Analyzing the YETI fundamentals
The YETI Holdings Inc [NYSE:YETI] reported sales of 1.70B for trailing twelve months, representing a surge of 12.75%. Gross Profit Margin for this corporation currently stands at 0.58% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.16, Equity is 0.27 and Total Capital is 0.29. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.27.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 36.76 points at the first support level, and at 35.79 for the second support level. However, for the 1st resistance point, the stock is sitting at 38.43, and for the 2nd resistance point, it is at 39.13.
Ratios To Look Out For
It’s worth pointing out that YETI Holdings Inc [NYSE:YETI]’s Current Ratio is 2.35. As well, the Quick Ratio is 1.14, while the Cash Ratio is 0.58. Considering the valuation of this stock, the price to sales ratio is 1.89, the price to book ratio is 4.97 and price to earnings (TTM) ratio is 18.85.
Transactions by insiders
Recent insider trading involved McMullen Michael John, CFO, that happened on Aug 30 ’23 when 2460.0 shares were sold.