Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The closing price of YETI Holdings Inc (NYSE: YETI) was $38.72 for the day, down -4.75% from the previous closing price of $40.65. In other words, the price has decreased by -$4.75 from its previous closing price. On the day, 2.15 million shares were traded. YETI stock price reached its highest trading level at $41.175 during the session, while it also had its lowest trading level at $38.64.
Ratios:
Our analysis of YETI’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.71 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.03. For the most recent quarter (mrq), Quick Ratio is recorded 1.45 and its Current Ratio is at 2.58. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 3284439552 and an Enterprise Value of 3182021376. As of this moment, YETI’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.65, and their Forward P/E ratio for the next fiscal year is 13.37. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.22. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.82 while its Price-to-Book (P/B) ratio in mrq is 4.27. Its current Enterprise Value per Revenue stands at 1.765 whereas that against EBITDA is 10.307.
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 -0.35%, while the 200-Day Moving Average is calculated to be -1.43%.
Shares Statistics:
YETI traded an average of 1.62M shares per day over the past three months and 2948650 shares per day over the past ten days. A total of 86.92M shares are outstanding, with a floating share count of 84.17M. Insiders hold about 0.78% of the company’s shares, while institutions hold 102.66% stake in the company. Shares short for YETI as of 1730332800 were 7184659 with a Short Ratio of 4.43, compared to 1727654400 on 6692353. Therefore, it implies a Short% of Shares Outstanding of 7184659 and a Short% of Float of 11.05.
