YETI Holdings Inc. (NYSE: YETI) is -6.39% lower on its value in year-to-date trading and has touched a low of $27.86 and a high of $65.46 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The YETI stock was last observed hovering at around $38.19 in the last trading session, with the day’s gains setting it 0.48% off its average median price target of $47.00 for the next 12 months. It is also 32.16% off the consensus price target high of $57.00 offered by 16 analysts, but current levels are 3.32% higher than the price target low of $40.00 for the same period.
Currently trading at $38.67, the stock is -1.79% and -7.65% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.24 million and changing 1.26% at the moment leaves the stock -5.27% off its SMA200. YETI registered -30.32% loss for a year compared to 6-month gain of 6.68%.
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The stock witnessed a -9.23% loss in the last 1 month and extending the period to 3 months gives it a -15.10%, and is -0.28% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.28% over the week and 4.31% over the month.
YETI Holdings Inc. (YETI) has around 922 employees, a market worth around $3.38B and $1.60B in sales. Current P/E ratio is 37.69 and Fwd P/E is 14.03. Profit margin for the company is 5.60%. Distance from 52-week low is 38.80% and -40.93% from its 52-week high. The company has generated returns on investments over the last 12 months (16.00%).
YETI Holdings Inc. (YETI) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for YETI Holdings Inc. (YETI) is a “Overweight”. 16 analysts offering their recommendations for the stock have an average rating of 2.10, where 7 rate it as a Hold and 2 think it is a “Overweight”. 7 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
YETI Holdings Inc. is expected to release its quarterly report on 05/11/2023.The EPS is expected to shrink by -57.10% this year
YETI Holdings Inc. (YETI) Top Institutional Holders
The shares outstanding are 86.34M, and float is at 85.96M with Short Float at 11.16%.
YETI Holdings Inc. (YETI) Insider Activity
A total of 7 insider transactions have happened at YETI Holdings Inc. (YETI) in the last six months, with sales accounting for 5 and purchases happening 2 times.
YETI Holdings Inc. (YETI): Who are the competitors?
The company’s main competitors (and peers) include Berry Global Group Inc. (BERY) that is trading -4.99% down over the past 12 months and Vista Outdoor Inc. (VSTO) that is -25.31% lower over the same period. Tupperware Brands Corporation (TUP) is -86.00% down on the 1-year trading charts.