Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $27.14 in the prior trading day, YETI Holdings Inc (NYSE: YETI) closed at $30.90, up 13.85%. In other words, the price has increased by $13.85 from its previous closing price. On the day, 4.47 million shares were traded. YETI stock price reached its highest trading level at $31.155 during the session, while it also had its lowest trading level at $26.6601.
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 7.13 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.65. 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.
On August 08, 2024, BofA Securities Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $46 to $55.
Canaccord Genuity Downgraded its Buy to Hold on January 04, 2024, whereas the target price for the stock was revised from $49 to $50.
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 2558072064 and an Enterprise Value of 2297750272. As of this moment, YETI’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.03, and their Forward P/E ratio for the next fiscal year is 9.81. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.91. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.40 while its Price-to-Book (P/B) ratio in mrq is 3.46. Its current Enterprise Value per Revenue stands at 1.256 whereas that against EBITDA is 7.829.
Stock Price History:
The Beta on a monthly basis for YETI is 1.86, which has changed by -0.20278639 over the last 52 weeks, in comparison to a change of 0.049593568 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 $26.79. The 50-Day Moving Average of the stock is -11.58%, while the 200-Day Moving Average is calculated to be -19.09%.
Shares Statistics:
The stock has traded on average 1.87M shares per day over the past 3-months and 2676680 shares per day over the last 10 days, according to various share statistics. 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 108.23% stake in the company. Shares short for YETI as of 1741910400 were 14050137 with a Short Ratio of 7.50, compared to 1739491200 on 13093714. Therefore, it implies a Short% of Shares Outstanding of 14050137 and a Short% of Float of 19.09.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
