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The closing price of YETI Holdings Inc (NYSE: YETI) was $35.21 for the day, down -1.46% from the previous closing price of $35.73. In other words, the price has decreased by -$1.46 from its previous closing price. On the day, 1.62 million shares were traded. YETI stock price reached its highest trading level at $36.0799 during the session, while it also had its lowest trading level at $35.06.
Ratios:
Our analysis of YETI’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.37. For the most recent quarter (mrq), Quick Ratio is recorded 1.22 and its Current Ratio is at 2.29. In the meantime, Its Debt-to-Equity ratio is 0.25 whereas as Long-Term Debt/Eq ratio is at 0.22.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on August 08, 2024, Upgraded its rating to Buy and sets its target price to $55 from $46 previously.
On January 04, 2024, Canaccord Genuity Downgraded its rating to Hold which previously was Buy and also upped its target price recommendation from $49 to $50.
Exane BNP Paribas Downgraded its Outperform to Neutral on October 05, 2023, while the target price for the stock was maintained at $42.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 29 ’24 when McMullen Michael John sold 748 shares for $40.00 per share. The transaction valued at 29,920 led to the insider holds 46,624 shares of the business.
McMullen Michael John bought 748 shares of YETI for $29,920 on Aug 29 ’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 2980596736 and an Enterprise Value of 2944551936. As of this moment, YETI’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.34, and their Forward P/E ratio for the next fiscal year is 12.03. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.12. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.70 while its Price-to-Book (P/B) ratio in mrq is 4.22. Its current Enterprise Value per Revenue stands at 1.675 whereas that against EBITDA is 9.813.
Stock Price History:
Over the past 52 weeks, YETI has reached a high of $54.15, while it has fallen to a 52-week low of $33.88. The 50-Day Moving Average of the stock is -10.00%, while the 200-Day Moving Average is calculated to be -11.17%.
Shares Statistics:
YETI traded an average of 1.48M shares per day over the past three months and 1284580 shares per day over the past ten days. A total of 86.92M shares are outstanding, with a floating share count of 83.99M. Insiders hold about 0.78% of the company’s shares, while institutions hold 100.92% stake in the company. Shares short for YETI as of 1728950400 were 6679258 with a Short Ratio of 4.51, compared to 1726185600 on 6391676. Therefore, it implies a Short% of Shares Outstanding of 6679258 and a Short% of Float of 10.299999999999999.
