At the time of writing, YETI Holdings Inc [YETI] stock is trading at $38.37, up 1.67%. 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 1.37% over the last week, with a monthly amount drifted -2.49%, and not seem to be holding up well over a long-time horizon.
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.
For the past year, the stock price of YETI Holdings Inc fluctuated between $33.41 and $49.01. Currently, Wall Street analysts expect the stock to reach $51.33 within the next 12 months. YETI Holdings Inc [NYSE: YETI] shares were valued at $38.37 at the most recent close of the market. An investor can expect a potential return of 33.78% based on the average YETI price forecast.
Analyzing the YETI fundamentals
According to YETI Holdings Inc [NYSE:YETI], the company’s sales were 1.80B for trailing twelve months, which represents an 10.35% jump. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.23.
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 37.95 points at the first support level, and at 37.53 for the second support level. However, for the 1st resistance point, the stock is sitting at 38.78, and for the 2nd resistance point, it is at 39.19.
Ratios To Look Out For
It is important to note that YETI Holdings Inc [NYSE:YETI] has a current ratio of 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 1.81, the price to book ratio is 4.23 and price to earnings (TTM) ratio is 16.50.
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.
