YETI Holdings Inc (NYSE: YETI) has seen a rise in its stock price by 0.18 in relation to its previous close of 39.31. However, the company has experienced a -3.41% decline in its stock price over the last five trading sessions. marketbeat.com reported 2024-12-13 that MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.
Is It Worth Investing in YETI Holdings Inc (NYSE: YETI) Right Now?
YETI Holdings Inc (NYSE: YETI) has a higher price-to-earnings ratio of 16.93x compared to its average ratio. YETI has 36-month beta value of 2.14. Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 2 as “overweight,” 10 as “hold,” and 1 as “sell.”
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The public float for YETI is 84.17M, and currently, short sellers hold a 11.69% ratio of that float. The average trading volume of YETI on December 27, 2024 was 1.58M shares.
YETI’s Market Performance
The stock of YETI Holdings Inc (YETI) has seen a -3.41% decrease in the past week, with a -2.81% drop in the past month, and a -2.48% fall in the past quarter. The volatility ratio for the week is 3.50%, and the volatility levels for the past 30 days are at 3.22% for YETI. The simple moving average for the past 20 days is -5.58% for YETI’s stock, with a 0.49% 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 -0.14% 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 -26.94% of loss for the given period.
Volatility was left at 3.22%, however, over the last 30 days, the volatility rate increased by 3.50%, as shares sank -1.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.86% lower at present.
During the last 5 trading sessions, YETI fell by -3.41%, which changed the moving average for the period of 200-days by +4.15% in comparison to the 20-day moving average, which settled at $41.71. In addition, YETI Holdings Inc saw -23.95% 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 747 shares at the price of $45.00 back on Dec 11 ’24. After this action, McMullen Michael John now owns 45,877 shares of YETI Holdings Inc, valued at $33,615 using the latest closing price.
McMullen Michael John, the Officer of YETI Holdings Inc, proposed sale 747 shares at $45.00 during a trade that took place back on Dec 11 ’24, which means that McMullen Michael John is holding shares at $33,615 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 0.09 points at debt to capital in total, while cash flow to debt ratio is standing at 2.56. The debt to equity ratio resting at 0.1. The interest coverage ratio of the stock is 139.21.
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 1.8. 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 put it simply, YETI Holdings Inc (YETI) has had a bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. 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.
