YETI Holdings Inc (YETI) concluded trading on Wednesday at a closing price of $41.51, with 3.68 million shares of worth about $152.56 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -11.45% during that period and on on Wednesday the price saw a gain of about 3.70%. Currently the company’s common shares owned by public are about 86.92M shares, out of which, 86.17M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 15 times over the past 12 months. They bought 20,366 shares in 5 of the transactions. In 10 selling transactions, insiders dumped 16,621 shares.
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However, the stock later moved at a day high price of 41.75, or with a gain of 3.70%. Stock saw a price change of 8.01% in past 5 days and over the past one month there was a price change of -10.52%. Year-to-date (YTD), YETI shares are showing a performance of -19.83% which increased to 6.68% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $34.70 but also hit the highest price of $54.15 during that period. The average intraday trading volume for YETI Holdings Inc shares is 1.47 million. The stock is currently trading -2.79% below its 20-day simple moving average (SMA20), while that difference is down -10.11% for SMA50 and it goes to -4.00% lower than SMA200.
YETI Holdings Inc (NYSE: YETI) currently have 86.92M outstanding shares and institutions hold larger chunk of about 111.28% of that.
The stock has a current market capitalization of $3.61B and its 3Y-monthly beta is at 2.31. PE ratio of stock for trailing 12 months is 21.39, while it has posted earnings per share of $1.94 in the same period. Its PEG reads 2.49 and has Quick Ratio of 1.45 while making debt-to-equity ratio of 0.24. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for YETI, volatility over the week remained 3.96% while standing at 4.19% over the month.
Analysts are in expectations that YETI Holdings Inc (YETI) stock would likely to be making an EPS of $0.25 in the current quarter, while forecast for next quarter EPS is $0.63 and it is $2.76 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.17 which is $0.4 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.18 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 10.47% while it is estimated to increase by 11.74% in next year. EPS is likely to shrink at an annualized rate of 8.58% for next 5-years, compared to annual growth of 22.96% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Canaccord Genuity on January 04, 2024 offering a Hold rating for the stock and assigned a target price range of between $49 and $50 to it. Coverage by Exane BNP Paribas stated YETI Holdings Inc (YETI) stock as a Neutral in their note to investors on October 05, 2023, suggesting a price target of $42 for the stock. On September 27, 2023, Morgan Stanley Resumed their recommendations, while on September 21, 2023, B. Riley Securities Initiated their ratings for the stock with a price target of $50. Stock get an Underweight rating from KeyBanc Capital Markets on July 17, 2023.
