In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
YETI Holdings Inc (NYSE: YETI) closed the day trading at $28.35 down -0.70% from the previous closing price of $28.55. In other words, the price has decreased by -$0.70 from its previous closing price. On the day, 2.22 million shares were traded. YETI stock price reached its highest trading level at $29.0 during the session, while it also had its lowest trading level at $28.32.
Ratios:
For a better understanding of YETI, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.54 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.69. For the most recent quarter (mrq), Quick Ratio is recorded 1.36 and its Current Ratio is at 2.18. In the meantime, Its Debt-to-Equity ratio is 0.23 whereas as Long-Term Debt/Eq ratio is at 0.20.
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 2346969088 and an Enterprise Value of 2149449216. As of this moment, YETI’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.79, and their Forward P/E ratio for the next fiscal year is 9.55. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.54. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.28 while its Price-to-Book (P/B) ratio in mrq is 3.18. Its current Enterprise Value per Revenue stands at 1.175 whereas that against EBITDA is 7.323.
Stock Price History:
The Beta on a monthly basis for YETI is 1.91, which has changed by -0.18087256 over the last 52 weeks, in comparison to a change of 0.092895746 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 -12.13%, while the 200-Day Moving Average is calculated to be -24.29%.
Shares Statistics:
Over the past 3-months, YETI traded about 2.05M shares per day on average, while over the past 10 days, YETI traded about 1989700 shares per day. A total of 82.94M shares are outstanding, with a floating share count of 82.03M. Insiders hold about 0.92% of the company’s shares, while institutions hold 109.78% stake in the company. Shares short for YETI as of 1744675200 were 9832840 with a Short Ratio of 4.81, compared to 1741910400 on 14050137. Therefore, it implies a Short% of Shares Outstanding of 9832840 and a Short% of Float of 13.36.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
