Analysts Set YETI Holdings, Inc. (NYSE:YETI) PT at $44.83

Shares of YETI Holdings, Inc. (NYSE:YETI) have earned a consensus rating of “Hold” from the fourteen brokerages that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $44.69.

YETI has been the topic of several recent analyst reports. UBS Group cut their price target on shares of YETI from $44.00 to $43.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. Piper Sandler reissued an “overweight” rating and set a $54.00 target price (down from $55.00) on shares of YETI in a report on Friday, November 8th. Bank of America cut shares of YETI from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $55.00 to $40.00 in a report on Wednesday, November 6th. KeyCorp dropped 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. Finally, Canaccord Genuity Group reissued a “hold” rating and set a $44.00 target price on shares of YETI in a report on Thursday, November 14th.

YETI Trading Down 0.0 %

YETI opened at $37.74 on Thursday. The stock has a market capitalization of $3.20 billion, a PE ratio of 16.20, a P/E/G ratio of 1.07 and a beta of 2.14. The firm’s fifty day moving average price is $39.63 and its 200 day moving average price is $39.35. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.58 and a quick ratio of 1.45. YETI has a 12-month low of $33.41 and a 12-month high of $49.01.

Hedge Funds Weigh In On YETI

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Pacer Advisors Inc. grew its position in YETI by 2.7% in the 4th quarter. Pacer Advisors Inc. now owns 12,646 shares of the company’s stock valued at $487,000 after buying an additional 332 shares in the last quarter. KBC Group NV grew its position in YETI by 26.5% in the 4th quarter. KBC Group NV now owns 3,631 shares of the company’s stock valued at $140,000 after buying an additional 760 shares in the last quarter. Union Bancaire Privee UBP SA bought a new position in YETI in the 4th quarter valued at about $1,777,000. Blue Trust Inc. grew its position in YETI by 38.4% in the 4th quarter. Blue Trust Inc. now owns 1,200 shares of the company’s stock valued at $49,000 after buying an additional 333 shares in the last quarter. Finally, SG Americas Securities LLC grew its position in YETI by 42.9% in the 4th quarter. SG Americas Securities LLC now owns 16,604 shares of the company’s stock valued at $639,000 after buying an additional 4,981 shares in the last quarter.

YETI Company Profile

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.