YETI (NYSE:YETI) Issues Earnings Results, Misses Expectations By $0.06 EPS

YETI (NYSE:YETI) released its quarterly earnings data on Thursday. The company reported $0.87 EPS for the quarter, missing the consensus estimate of $0.93 by ($0.06), Zacks reports. YETI had a net margin of 11.15% and a return on equity of 28.31%. YETI updated its FY 2025 guidance to 2.900-2.950 EPS.

YETI Price Performance

NYSE:YETI traded down $0.08 during trading hours on Thursday, hitting $37.83. 3,383,131 shares of the company’s stock traded hands, compared to its average volume of 1,605,443. The firm has a market cap of $3.21 billion, a P/E ratio of 16.21, a P/E/G ratio of 1.06 and a beta of 2.13. YETI has a 52 week low of $33.41 and a 52 week high of $48.76. The business’s fifty day simple moving average is $38.95 and its two-hundred day simple moving average is $39.24. The company has a quick ratio of 1.45, a current ratio of 2.58 and a debt-to-equity ratio of 0.10.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. KeyCorp lowered their target price on shares of YETI from $36.00 to $35.00 and set an “underweight” rating on the stock in a report on Wednesday, January 8th. Canaccord Genuity Group reaffirmed a “hold” rating and issued a $44.00 price target on shares of YETI in a report on Thursday, November 14th. TD Cowen cut their price target on YETI from $46.00 to $44.00 and set a “hold” rating for the company in a report on Monday, November 11th. Piper Sandler reaffirmed an “overweight” rating and issued a $54.00 price target (down from $55.00) on shares of YETI in a report on Friday, November 8th. Finally, Bank of America lowered YETI from a “buy” rating to a “neutral” rating and cut their price target for the stock from $55.00 to $40.00 in a report on Wednesday, November 6th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $44.69.

About YETI

YETI Holdings, Inc designs, retails, and distributes products for the outdoor and recreation market under the YETI brand. It offers coolers and equipment, including hard and soft coolers, cargo, bags, outdoor living, and associated accessories, as well as backpacks, duffel bags, luggage, packing cubes, carryalls, camp chairs, blankets, dog beds, dog bowls, and gear cases under the LoadOut, Panga, Crossroads, Camino, Hondo Base, Trailhead, Lowlands, Boomer, and SideKick Dry brands.