8 analysts have expressed a variety of opinions on YETI Holdings YETI over the past quarter, offering a diverse set of opinions from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 2 | 5 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 0 | 2 | 5 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $45.5, a high estimate of $55.00, and a low estimate of $38.00. This current average has increased by 2.25% from the previous average price target of $44.50.
Investigating Analyst Ratings: An Elaborate Study
A clear picture of YETI Holdings's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Randal Konik | Jefferies | Raises | Buy | $55.00 | $54.00 |
| Brian McNamara | Canaccord Genuity | Raises | Hold | $42.00 | $40.00 |
| John Kernan | TD Cowen | Raises | Hold | $43.00 | $38.00 |
| Joseph Altobello | Raymond James | Raises | Outperform | $49.00 | $48.00 |
| Megan Alexander | Morgan Stanley | Raises | Equal-Weight | $41.00 | $39.00 |
| Matt Koranda | Roth MKM | Lowers | Neutral | $42.00 | $43.00 |
| Peter Keith | Piper Sandler | Raises | Overweight | $54.00 | $52.00 |
| Anna Glaessgen | B. Riley Securities | Lowers | Neutral | $38.00 | $42.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to YETI Holdings. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of YETI Holdings compared to the broader market.
- Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of YETI Holdings's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on YETI Holdings analyst ratings.
Unveiling the Story Behind YETI Holdings
YETI Holdings Inc is a designer, marketer, and distributor of premium products for the outdoor and recreation market sold under the YETI brand. The company offers products including coolers and equipment, drinkware, and other accessories. Its trademark products include YETI Tundra, Hopper, YETI TANK, Rambler, Colster, Rambler among others. The company distributes products through wholesale channels and through direct-to-consumer, or DTC, channels.
Understanding the Numbers: YETI Holdings's Finances
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Revenue Growth: YETI Holdings's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth rate of 12.75%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: YETI Holdings's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 4.64% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): YETI Holdings's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.31% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): YETI Holdings's ROA stands out, surpassing industry averages. With an impressive ROA of 1.31%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: YETI Holdings's debt-to-equity ratio is below the industry average. With a ratio of 0.27, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
The Basics of Analyst Ratings
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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