Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $35.84 in the prior trading day, YETI Holdings Inc (NYSE: YETI) closed at $34.59, down -3.49%. In other words, the price has decreased by -$3.49 from its previous closing price. On the day, 2.38 million shares were traded. YETI stock price reached its highest trading level at $35.831 during the session, while it also had its lowest trading level at $34.41.
Ratios:
Our goal is to gain a better understanding of YETI by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.24. For the most recent quarter (mrq), Quick Ratio is recorded 1.48 and its Current Ratio is at 2.52. In the meantime, Its Debt-to-Equity ratio is 0.22 whereas as Long-Term Debt/Eq ratio is at 0.19.
BofA Securities Upgraded its Neutral to Buy on August 08, 2024, whereas the target price for the stock was revised from $46 to $55.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 11 ’24 when McMullen Michael John sold 747 shares for $45.00 per share. The transaction valued at 33,615 led to the insider holds 45,877 shares of the business.
McMullen Michael John bought 747 shares of YETI for $33,615 on Dec 11 ’24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, YETI now has a Market Capitalization of 2809545984 and an Enterprise Value of 2716855808. As of this moment, YETI’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.50, and their Forward P/E ratio for the next fiscal year is 12.52. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.30. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.54 while its Price-to-Book (P/B) ratio in mrq is 3.54. Its current Enterprise Value per Revenue stands at 1.491 whereas that against EBITDA is 9.544.
Stock Price History:
The Beta on a monthly basis for YETI is 1.85, which has changed by -0.11579752 over the last 52 weeks, in comparison to a change of 0.1653893 over the same period for the S&P500. Over the past 52 weeks, YETI has reached a high of $45.25, while it has fallen to a 52-week low of $26.61. The 50-Day Moving Average of the stock is -2.18%, while the 200-Day Moving Average is calculated to be 0.25%.
Shares Statistics:
The stock has traded on average 2.14M shares per day over the past 3-months and 1473130 shares per day over the last 10 days, according to various share statistics. A total of 82.12M shares are outstanding, with a floating share count of 80.46M. Insiders hold about 0.94% of the company’s shares, while institutions hold 104.99% stake in the company. Shares short for YETI as of 1756425600 were 7292400 with a Short Ratio of 3.41, compared to 1753920000 on 8044717. Therefore, it implies a Short% of Shares Outstanding of 7292400 and a Short% of Float of 10.12.
Earnings Estimates
YETI Holdings Inc (YETI) is presently subject to a detailed evaluation by 16.0 analysts, each offering their unique perspectives on its market standing.The consensus estimate for the next quarter is $0.87, with high estimates of $0.97 and low estimates of $0.81.
Analysts are recommending an EPS of between $2.48 and $2.35 for the fiscal current year, implying an average EPS of $2.41. EPS for the following year is $2.76, with 17.0 analysts recommending between $3.2 and $2.47.
Revenue Estimates
15 analysts predict $480.3M in revenue for. The current quarter. It ranges from a high estimate of $488M to a low estimate of $476M. As of. The current estimate, YETI Holdings Inc’s year-ago sales were $478.44MFor the next quarter, 15 analysts are estimating revenue of $575.96M. There is a high estimate of $594M for the next quarter, whereas the lowest estimate is $559.3M.
A total of 17 analysts have provided revenue estimates for YETI’s current fiscal year. The highest revenue estimate was $1.88B, while the lowest revenue estimate was $1.84B, resulting in an average revenue estimate of $1.85B. In the same quarter a year ago, actual revenue was $1.83BBased on 17 analysts’ estimates, the company’s revenue will be $1.94B in the next fiscal year. The high estimate is $2B and the low estimate is $1.89B.
