Could this be the case of a blown-up long-term opportunity? YETI Holdings Inc (YETI)

YETI Holdings Inc [YETI] stock prices are saw in change for the day to $44.19 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 gain 4.12% over the last week, with a monthly amount glided 8.71%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

YETI Holdings Inc [NYSE: YETI] stock has seen the most recent analyst activity on November 06, 2024, when BofA Securities downgraded its rating to a Neutral. Previously, BofA Securities upgraded its rating to Buy on August 08, 2024, and elevated its price target to $55. On January 04, 2024, downgrade downgraded it’s rating to Hold and revised its price target to $50 on the stock. Exane BNP Paribas downgraded its rating to a Neutral but stick to its price target of $42 on October 05, 2023. B. Riley Securities started tracking with a Neutral rating for this stock on September 21, 2023, and assigned it a price target of $50. In a note dated July 17, 2023, KeyBanc Capital Markets downgraded an Underweight rating on this stock but restated the target price of $34.

The stock price of YETI Holdings Inc [YETI] has been fluctuating between $33.41 and $54.15 over the past year. Currently, Wall Street analysts expect the stock to reach $49.25 within the next 12 months. YETI Holdings Inc [NYSE: YETI] shares were valued at $44.19 at the most recent close of the market. An investor can expect a potential return of 11.45% based on the average YETI price forecast.

Analyzing the YETI fundamentals

The YETI Holdings Inc [NYSE:YETI] reported sales of 1.80B for trailing twelve months, representing a surge of 10.35%. Gross Profit Margin for this corporation currently stands at 0.58% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.16, Equity is 0.28 and Total Capital is 0.28. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.1.

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 43.67 points at the first support level, and at 43.14 for the second support level. However, for the 1st resistance point, the stock is sitting at 44.81, and for the 2nd resistance point, it is at 45.43.

Ratios To Look Out For

It’s worth pointing out that YETI Holdings Inc [NYSE:YETI]’s Current Ratio is 2.58. As well, the Quick Ratio is 1.45, while the Cash Ratio is 0.85. Considering the valuation of this stock, the price to sales ratio is 2.08, the price to book ratio is 4.87 and price to earnings (TTM) ratio is 19.00.

Transactions by insiders

Recent insider trading involved McMullen Michael John, CFO, that happened on Dec 11 ’24 when 747.0 shares were sold. Officer, McMullen Michael John completed a deal on Dec 11 ’24 to buy 747.0 shares. Meanwhile, CFO McMullen Michael John sold 748.0 shares on Aug 29 ’24.

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