YETI Holdings Inc. (NYSE: YETI) is -8.62% lower on its value in year-to-date trading and has touched a low of $27.86 and a high of $55.15 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 $38.14 in the last trading session, with the day’s loss setting it -0.39% off its average median price target of $47.00 for the next 12 months. It is also 33.77% off the consensus price target high of $57.00 offered by 16 analysts, but current levels are 5.62% higher than the price target low of $40.00 for the same period.
Currently trading at $37.75, the stock is -8.26% and -5.10% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.02 million and changing -1.02% at the moment leaves the stock -3.75% off its SMA200. YETI registered -14.32% loss for a year compared to 6-month loss of -8.04%. The firm has a 50-day simple moving average (SMA 50) of $2.16 and a 200-day simple moving average (SMA200) of $24.05.
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The stock witnessed a -1.85% gain in the last 1 month and extending the period to 3 months gives it a -3.97%, and is -7.61% 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 2.40% over the week and 3.47% over the month.
YETI Holdings Inc. (YETI) has around 922 employees, a market worth around $3.37B and $1.60B in sales. Current P/E ratio is 44.05 and Fwd P/E is 13.67. Profit margin for the company is 4.60%. Distance from 52-week low is 35.50% and -31.55% 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 2.20, where 8 rate it as a Hold and 2 think it is a “Overweight”. 6 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 08/03/2023.The EPS is expected to shrink by -57.10% this year
YETI Holdings Inc. (YETI) Top Institutional Holders
The shares outstanding are 86.53M, and float is at 85.96M with Short Float at 10.02%.
YETI Holdings Inc. (YETI) Insider Activity
A total of 28 insider transactions have happened at YETI Holdings Inc. (YETI) in the last six months, with sales accounting for 18 and purchases happening 10 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 6.65% up over the past 12 months and Vista Outdoor Inc. (VSTO) that is -25.62% lower over the same period. Tupperware Brands Corporation (TUP) is -86.33% down on the 1-year trading charts.