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After finishing at $36.36 in the prior trading day, YETI Holdings Inc (NYSE: YETI) closed at $36.27, down -0.25%. In other words, the price has decreased by -$0.25 from its previous closing price. On the day, 1.78 million shares were traded. YETI stock price reached its highest trading level at $36.45 during the session, while it also had its lowest trading level at $35.73.
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 7.18 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.56. For the most recent quarter (mrq), Quick Ratio is recorded 1.45 and its Current Ratio is at 2.30. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.21.
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, Canaccord Genuity on January 04, 2024, Downgraded its rating to Hold and sets its target price to $50 from $49 previously.
On October 05, 2023, Exane BNP Paribas Downgraded its rating to Neutral which previously was Outperform but kept the price unchanged to $42.
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 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 3090994688 and an Enterprise Value of 2898054144. As of this moment, YETI’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.69, and their Forward P/E ratio for the next fiscal year is 13.08. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.18. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.90 while its Price-to-Book (P/B) ratio in mrq is 4.36. Its current Enterprise Value per Revenue stands at 1.747 whereas that against EBITDA is 10.659.
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 $34.70. The 50-Day Moving Average of the stock is -7.29%, while the 200-Day Moving Average is calculated to be -16.27%.
Shares Statistics:
The stock has traded on average 1.69M shares per day over the past 3-months and 1361140 shares per day over the last 10 days, according to various share statistics. A total of 86.92M shares are outstanding, with a floating share count of 86.27M. Insiders hold about 0.76% of the company’s shares, while institutions hold 110.64% stake in the company. Shares short for YETI as of 1711584000 were 11155860 with a Short Ratio of 6.62, compared to 1709164800 on 13300270. Therefore, it implies a Short% of Shares Outstanding of 11155860 and a Short% of Float of 17.06.
