YETI Holdings Inc (NYSE: YETI) is -23.50% lower on its value in year-to-date trading and has touched a low of $33.41 and a high of $54.15 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 $38.50 in the last trading session, with the day’s gains setting it 1.11%.
Currently trading at $39.61, the stock is 4.67% and 1.67% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.48 million and changing 2.88% at the moment leaves the stock 1.26% off its SMA200. YETI registered -6.45% loss for a year compared to 6-month loss of 3.66%. The firm has a 50-day simple moving average (SMA 50) of $38.9594 and a 200-day simple moving average (SMA200) of $39.11765.
The stock witnessed a 8.88% gain in the last 1 month and extending the period to 3 months gives it a -3.25%, and is 3.80% up 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 3.57% over the week and 4.36% over the month.
YETI Holdings Inc (YETI) has around 1050 employees, a market worth around $3.46B and $1.80B in sales. Current P/E ratio is 17.03 and Fwd P/E is 13.68. Profit margin for the company is 11.15%. Distance from 52-week low is 18.56% and -26.86% from its 52-week high. The company has generated returns on investments over the last 12 months (21.76%).
with sales reaching $552.29M over the same period.The EPS is expected to grow by 18.47% this year, but quarterly earnings will post 10.67% year-over-year. Quarterly sales are estimated to grow 6.25% in year-over-year returns.
YETI Holdings Inc (YETI) Top Institutional Holders
522.0 institutions hold shares in YETI Holdings Inc (YETI), with institutional investors hold 104.33% of the company’s shares. The shares outstanding are 86.92M, and float is at 84.17M with Short Float at 8.54%. Institutions hold 103.98% of the Float.
The top institutional shareholder in the company is BAILLIE GIFFORD & CO with over 8.84 million shares valued at $337.19 million. The investor’s holdings represent 10.2351% of the YETI Shares outstanding. As of 2024-06-30, the second largest holder is CAPITAL RESEARCH GLOBAL INVESTORS with 8.43 million shares valued at $321.53 million to account for 9.7589 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 8.13 million shares representing 9.4103% and valued at over $310.02 million, while BLACKROCK INC. holds 8.7364 of the shares totaling 7.54 million with a market value of $287.82 million.
YETI Holdings Inc (YETI) Insider Activity
The most recent transaction is an insider sale by McMullen Michael John , the company’s CFO. SEC filings show that McMullen Michael John sold 748 shares of the company’s common stock on Aug 29 ’24 at a price of $40.00 per share for a total of $29920.0. Following the sale, the insider now owns 46624.0 shares.
