The price-to-earnings ratio for YETI Holdings Inc (NYSE: YETI) is 17.75x, which is above its average ratio. Moreover, the 36-month beta value for YETI is 2.14. Analysts have varying opinions on the stock, with 5 analysts rating it as a “buy,” 6 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for YETI is 84.17M and currently, short sellers hold a 7.94% of that float. On November 12, 2024, YETI’s average trading volume was 1.61M shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
YETI) stock’s latest price update
YETI Holdings Inc (NYSE: YETI)’s stock price has soared by 6.80 in relation to previous closing price of 38.66. Nevertheless, the company has seen a gain of 12.38% in its stock price over the last five trading days. barrons.com reported 2024-11-07 that The latest earnings for the maker of high-end coolers and water bottles were a bright spot in a tough year.
YETI’s Market Performance
YETI’s stock has risen by 12.38% in the past week, with a monthly drop of -1.78% and a quarterly drop of -0.96%. The volatility ratio for the week is 6.98% while the volatility levels for the last 30 days are 4.19% for YETI Holdings Inc. The simple moving average for the past 20 days is 10.32% for YETI’s stock, with a 4.91% simple moving average for the past 200 days.
Analysts’ Opinion of YETI
BofA Securities, on the other hand, stated in their research note that they expect to see YETI reach a price target of $55, previously predicting the price at $46. The rating they have provided for YETI stocks is “Buy” according to the report published on August 08th, 2024.
Canaccord Genuity gave a rating of “Hold” to YETI, setting the target price at $50 in the report published on January 04th of the current year.
YETI Trading at 6.55% from the 50-Day Moving Average
After a stumble in the market that brought YETI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -23.76% of loss for the given period.
Volatility was left at 4.19%, however, over the last 30 days, the volatility rate increased by 6.98%, as shares surge +0.68% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.41% upper at present.
During the last 5 trading sessions, YETI rose by +12.38%, which changed the moving average for the period of 200-days by -9.71% in comparison to the 20-day moving average, which settled at $37.43. In addition, YETI Holdings Inc saw -20.26% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at YETI starting from McMullen Michael John, who sale 748 shares at the price of $40.00 back on Aug 29 ’24. After this action, McMullen Michael John now owns 46,624 shares of YETI Holdings Inc, valued at $29,920 using the latest closing price.
McMullen Michael John, the Officer of YETI Holdings Inc, proposed sale 748 shares at $40.00 during a trade that took place back on Aug 29 ’24, which means that McMullen Michael John is holding shares at $29,920 based on the most recent closing price.
Stock Fundamentals for YETI
Current profitability levels for the company are sitting at:
- 0.14 for the present operating margin
- 0.58 for the gross margin
The net margin for YETI Holdings Inc stands at 0.11. The total capital return value is set at 0.28. Equity return is now at value 28.55, with 16.56 for asset returns.
Based on YETI Holdings Inc (YETI), the company’s capital structure generated 0.19 points at debt to capital in total, while cash flow to debt ratio is standing at 1.16. The debt to equity ratio resting at 0.23. The interest coverage ratio of the stock is 224.44.
Currently, EBITDA for the company is 271.89 million with net debt to EBITDA at -0.35. When we switch over and look at the enterprise to sales, we see a ratio of 1.89. The receivables turnover for the company is 12.55for trailing twelve months and the total asset turnover is 1.42. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.58.
Conclusion
To wrap up, the performance of YETI Holdings Inc (YETI) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
