Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $34.29 in the prior trading day, YETI Holdings Inc (NYSE: YETI) closed at $34.39, up 0.29%. In other words, the price has increased by $0.29 from its previous closing price. On the day, 1.88 million shares were traded.
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 7.90 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.91. 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:
As of this moment, YETI’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.73, and their Forward P/E ratio for the next fiscal year is 10.85. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.98. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.55 while its Price-to-Book (P/B) ratio in mrq is 3.85.
Stock Price History:
Over the past 52 weeks, YETI has reached a high of $45.25, while it has fallen to a 52-week low of $33.41. The 50-Day Moving Average of the stock is -8.35%, while the 200-Day Moving Average is calculated to be -12.19%.
Shares Statistics:
A total of 82.94M shares are outstanding, with a floating share count of 81.65M. Insiders hold about 0.89% of the company’s shares, while institutions hold 108.77% stake in the company.
