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As of close of business last night, YETI Holdings Inc’s stock clocked out at $40.01, down -4.03% from its previous closing price of $41.69. In other words, the price has decreased by -$4.03 from its previous closing price. On the day, 1.34 million shares were traded. YETI stock price reached its highest trading level at $41.815 during the session, while it also had its lowest trading level at $39.94.
Ratios:
To gain a deeper understanding of YETI’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.88. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 30 ’23 when McMullen Michael John sold 2,460 shares for $48.08 per share. The transaction valued at 118,277 led to the insider holds 36,949 shares of the business.
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 3386926336 and an Enterprise Value of 3350881280. As of this moment, YETI’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.57, and their Forward P/E ratio for the next fiscal year is 13.64. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.93 while its Price-to-Book (P/B) ratio in mrq is 4.80. Its current Enterprise Value per Revenue stands at 1.906 whereas that against EBITDA is 11.167.
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 0.49%, while the 200-Day Moving Average is calculated to be -3.35%.
Shares Statistics:
It appears that YETI traded 1.46M shares on average per day over the past three months and 2052340 shares per day over the past ten days. A total of 86.92M shares are outstanding, with a floating share count of 83.96M. Insiders hold about 0.82% of the company’s shares, while institutions hold 114.48% stake in the company. Shares short for YETI as of 1722384000 were 8930328 with a Short Ratio of 6.13, compared to 1719532800 on 9503539. Therefore, it implies a Short% of Shares Outstanding of 8930328 and a Short% of Float of 13.77.
