YETI (NYSE:YETI) Updates FY 2025 Earnings Guidance

YETI (NYSE:YETI) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 2.900-2.950 for the period, compared to the consensus EPS estimate of 2.890. The company issued revenue guidance of $1.9 billion-$2.0 billion, compared to the consensus revenue estimate of $2.0 billion.

YETI Stock Up 0.3 %

Shares of NYSE YETI opened at $37.93 on Thursday. YETI has a 12-month low of $33.41 and a 12-month high of $48.76. The stock has a market cap of $3.22 billion, a P/E ratio of 16.28, a PEG ratio of 1.06 and a beta of 2.13. The company has a current ratio of 2.58, a quick ratio of 1.45 and a debt-to-equity ratio of 0.10. The business’s fifty day simple moving average is $38.95 and its 200-day simple moving average is $39.24.

YETI (NYSE:YETI) last posted its quarterly earnings results on Thursday, February 13th. The company reported $0.87 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.93 by ($0.06). YETI had a net margin of 11.15% and a return on equity of 28.31%. As a group, equities analysts predict that YETI will post 2.37 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on YETI. Bank of America cut shares of YETI from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $55.00 to $40.00 in a research report on Wednesday, November 6th. Piper Sandler reaffirmed an “overweight” rating and set a $54.00 price target (down from $55.00) on shares of YETI in a report on Friday, November 8th. Canaccord Genuity Group reiterated a “hold” rating and issued a $44.00 price objective on shares of YETI in a report on Thursday, November 14th. TD Cowen decreased their target price on YETI from $46.00 to $44.00 and set a “hold” rating for the company in a research note on Monday, November 11th. Finally, KeyCorp cut their price target on shares of YETI from $36.00 to $35.00 and set an “underweight” rating on the stock in a research note on Wednesday, January 8th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, YETI currently has an average rating of “Hold” and an average price target of $44.69.

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.