Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $33.93 in the prior trading day, YETI Holdings Inc (NYSE: YETI) closed at $35.71, up 5.25%. In other words, the price has increased by $5.25 from its previous closing price. On the day, 1.88 million shares were traded. YETI stock price reached its highest trading level at $35.83 during the session, while it also had its lowest trading level at $33.9602.
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 10.76 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.61. 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. On Aug 29 ’24, another insider, McMullen Michael John, who serves as the CFO of the company, sold 748 shares for $40.00 each. As a result, the insider received 29,920 and left with 46,624 shares of the company.
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 2900516096 and an Enterprise Value of 2807826944. As of this moment, YETI’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.04, and their Forward P/E ratio for the next fiscal year is 12.93. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.44. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.59 while its Price-to-Book (P/B) ratio in mrq is 3.65. Its current Enterprise Value per Revenue stands at 1.541 whereas that against EBITDA is 9.863.
Stock Price History:
The Beta on a monthly basis for YETI is 1.87, which has changed by -0.12774795 over the last 52 weeks, in comparison to a change of 0.1513431 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 5.91%, while the 200-Day Moving Average is calculated to be 2.53%.
Shares Statistics:
The stock has traded on average 2.26M shares per day over the past 3-months and 1757590 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 0.95% of the company’s shares, while institutions hold 104.67% stake in the company. Shares short for YETI as of 1753920000 were 8044717 with a Short Ratio of 3.55, compared to 1751241600 on 7772497. Therefore, it implies a Short% of Shares Outstanding of 8044717 and a Short% of Float of 11.17.
Earnings Estimates
Currently, 16.0 analysts are dedicated to thoroughly evaluating and rating the performance of YETI Holdings Inc (YETI) in the stock market.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.
