The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, YETI Holdings Inc (NYSE: YETI) closed at $27.86 up 3.41% from its previous closing price of $26.94. In other words, the price has increased by $3.41 from its previous closing price. On the day, 2.2 million shares were traded. YETI stock price reached its highest trading level at $28.41 during the session, while it also had its lowest trading level at $27.275.
Ratios:
For a deeper understanding of YETI Holdings Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.43 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.51. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 2306404096 and an Enterprise Value of 2109078272. As of this moment, YETI’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.55, and their Forward P/E ratio for the next fiscal year is 9.18. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.26 while its Price-to-Book (P/B) ratio in mrq is 3.12. Its current Enterprise Value per Revenue stands at 1.153 whereas that against EBITDA is 7.186.
Stock Price History:
The Beta on a monthly basis for YETI is 1.93, which has changed by -0.25288284 over the last 52 weeks, in comparison to a change of 0.0635103 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 -17.77%, while the 200-Day Moving Average is calculated to be -26.44%.
Shares Statistics:
For the past three months, YETI has traded an average of 1.97M shares per day and 2553050 over the past ten days. A total of 82.94M shares are outstanding, with a floating share count of 82.02M. Insiders hold about 0.92% of the company’s shares, while institutions hold 109.80% stake in the company. Shares short for YETI as of 1743379200 were 11661582 with a Short Ratio of 5.93, compared to 1740700800 on 13578930. Therefore, it implies a Short% of Shares Outstanding of 11661582 and a Short% of Float of 15.840000000000002.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
Current recommendations for the stock of the company come from 16.0 analysts. The consensus estimate for the next quarter is $0.75, with high estimates of $0.79 and low estimates of $0.69.
Analysts are recommending an EPS of between $2.97 and $2.42 for the fiscal current year, implying an average EPS of $2.84. EPS for the following year is $3.04, with 17.0 analysts recommending between $3.35 and $2.46.
Revenue Estimates
A total of 15 analysts believe the company’s revenue will be $347.6M this quarter.It ranges from a high estimate of $352.18M to a low estimate of $338.1M. As of the current estimate, YETI Holdings Inc’s year-ago sales were $341.39MFor the next quarter, 15 analysts are estimating revenue of $483.52M. There is a high estimate of $489.18M for the next quarter, whereas the lowest estimate is $477.4M.
A total of 17 analysts have provided revenue estimates for YETI’s current fiscal year. The highest revenue estimate was $2.01B, while the lowest revenue estimate was $1.9B, resulting in an average revenue estimate of $1.95B. In the same quarter a year ago, actual revenue was $1.83BBased on 17 analysts’ estimates, the company’s revenue will be $2.07B in the next fiscal year. The high estimate is $2.19B and the low estimate is $1.99B.
