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

YETI (NYSE:YETI) announced its quarterly earnings data on Thursday. The company reported $0.87 earnings per share for the quarter, missing the consensus estimate of $0.93 by ($0.06), Zacks reports. YETI had a return on equity of 28.31% and a net margin of 11.15%. The firm had revenue of $555.37 million for the quarter, compared to the consensus estimate of $554.08 million. YETI updated its FY 2025 guidance to 2.900-2.950 EPS.

YETI Stock Up 1.2 %

NYSE YETI traded up $0.44 during trading hours on Friday, reaching $38.02. 2,150,866 shares of the company’s stock were exchanged, compared to its average volume of 1,282,444. The company has a market capitalization of $3.22 billion, a price-to-earnings ratio of 16.32, a price-to-earnings-growth ratio of 1.06 and a beta of 2.13. YETI has a one year low of $33.41 and a one year high of $45.25. The company’s 50-day moving average is $38.78 and its two-hundred day moving average is $39.21. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.45 and a current ratio of 2.58.

Wall Street Analyst Weigh In

YETI has been the topic of a number of research reports. Canaccord Genuity Group cut their target price on shares of YETI from $44.00 to $42.00 and set a “hold” rating on the stock in a research report on Friday. TD Cowen cut their target price on shares of YETI from $46.00 to $44.00 and set a “hold” rating on the stock in a research report on Monday, November 11th. Bank of America downgraded shares of YETI from a “buy” rating to a “neutral” rating and cut their target price for the company from $55.00 to $40.00 in a research report on Wednesday, November 6th. KeyCorp cut their target price on shares of YETI from $36.00 to $35.00 and set an “underweight” rating on the stock in a research report on Wednesday, January 8th. Finally, Piper Sandler reiterated an “overweight” rating and issued a $54.00 price target (down from $55.00) on shares of YETI in a research report on Friday, November 8th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, YETI has an average rating of “Hold” and a consensus price target of $44.77.

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.