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As of close of business last night, YETI Holdings Inc’s stock clocked out at $38.87, up 7.58% from its previous closing price of $36.13. In other words, the price has increased by $7.58 from its previous closing price. On the day, 5.71 million shares were traded. YETI stock price reached its highest trading level at $39.39 during the session, while it also had its lowest trading level at $36.4.
Ratios:
To gain a deeper understanding of YETI’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.28. For the most recent quarter (mrq), Quick Ratio is recorded 1.22 and its Current Ratio is at 2.29. In the meantime, Its Debt-to-Equity ratio is 0.25 whereas as Long-Term Debt/Eq ratio is at 0.22.
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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 29 ’24 when McMullen Michael John sold 748 shares for $40.00 per share. The transaction valued at 29,920 led to the insider holds 46,624 shares of the business.
McMullen Michael John bought 748 shares of YETI for $29,920 on Aug 29 ’24.
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 3290423040 and an Enterprise Value of 3022431744. As of this moment, YETI’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.04, and their Forward P/E ratio for the next fiscal year is 13.35. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.23. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.87 while its Price-to-Book (P/B) ratio in mrq is 4.66. Its current Enterprise Value per Revenue stands at 1.719 whereas that against EBITDA is 10.073.
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 $33.41. The 50-Day Moving Average of the stock is 0.26%, while the 200-Day Moving Average is calculated to be -1.38%.
Shares Statistics:
It appears that YETI traded 1.59M shares on average per day over the past three months and 1971590 shares per day over the past ten days. A total of 86.92M shares are outstanding, with a floating share count of 83.99M. Insiders hold about 0.78% of the company’s shares, while institutions hold 101.24% stake in the company. Shares short for YETI as of 1728950400 were 6679258 with a Short Ratio of 4.20, compared to 1726185600 on 6391676. Therefore, it implies a Short% of Shares Outstanding of 6679258 and a Short% of Float of 10.299999999999999.
