2 weeks Ago By ABMN Staff
Canaccord Genuity Group reaffirmed their hold rating on shares of YETI ( NYSE:YETI – Free Report ) in a research report sent to investors on Monday, Benzinga reports. Canaccord Genuity Group currently has a $44.00 target price on the stock.
A number of other brokerages also recently commented on YETI. KeyCorp raised their target price on shares of YETI from $36.00 to $38.
00 and gave the company an underweight rating in a research note on Friday, August 9th. Citigroup dropped their price target on shares of YETI from $49.00 to $47.
00 and set a buy rating on the stock in a research note on Monday, August 5th. Piper Sandler reaffirmed an overweight rating and set a $54.00 price target on shares of YETI in a research note on Tuesday, July 30th.
TD Cowen lifted their price target on shares of YETI from $43.00 to $46.00 and gave the stock a hold rating in a research note on Friday, August 9th.
Finally, B. Riley lifted their price target on shares of YETI from $38.00 to $45.
00 and gave the stock a neutral rating in a research note on Friday, August 9th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of Hold and a consensus target price of $46.
43. Read Our Latest Stock Analysis on YETI YETI Stock Up 0.8 % YETI ( NYSE:YETI – Get Free Report ) last announced its earnings results on Thursday, August 8th.
The company reported $0.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.64 by $0.
06. The firm had revenue of $463.50 million for the quarter, compared to analyst estimates of $452.
42 million. YETI had a net margin of 10.66% and a return on equity of 28.
83%. YETI’s revenue was up 15.1% compared to the same quarter last year.
During the same quarter last year, the business earned $0.51 earnings per share. As a group, sell-side analysts anticipate that YETI will post 2.
35 earnings per share for the current year. Institutional Trading of YETI Hedge funds have recently bought and sold shares of the company. Crewe Advisors LLC bought a new stake in shares of YETI during the 1st quarter worth about $27,000.
Versant Capital Management Inc raised its position in shares of YETI by 571.8% during the 2nd quarter. Versant Capital Management Inc now owns 833 shares of the company’s stock worth $32,000 after buying an additional 709 shares in the last quarter.
Fidelis Capital Partners LLC bought a new stake in shares of YETI during the 1st quarter worth about $35,000. Ashton Thomas Private Wealth LLC bought a new stake in shares of YETI in the 2nd quarter worth approximately $42,000. Finally, Headlands Technologies LLC bought a new stake in shares of YETI in the 1st quarter worth approximately $76,000.
YETI Company Profile ( Get Free Report ) 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. Further Reading Receive News & Ratings for YETI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for YETI and related companies with MarketBeat.
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