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NYSE:YETI
This summary was created by AI, based on 1 opinions in the last 12 months.
YETI Holdings, Inc. (YETI-N) is currently trading at a forward earnings multiple of 12x, reflecting a valuation that suggests it is being treated as an ex-growth consumer products company despite its positive growth indicators. Analysts note that the company has historically exhibited performance variability, averaging a 15% deviation from expectations. Notably, YETI's core business remains robust with impressive margins of 60%, signaling its efficiency and potential for profitability. Although tariffs have posed challenges, management appears to have navigated these issues effectively. Market sentiment is leaning towards optimism, anticipating a significant uptick in both stock price and earnings in the near future.
Soared 17% last Thursday after a report, going positive for the year after a long slump. Why did they soar while Newell Brands has lagged? Both make discretionary goods at a time when consumers are spending more on services or experiences. Yeti soared during Covid, but fell after. Since last October's market bottom, Yeti has rallied 61%. Revenue growth slowed from 29% in 2021 to 13% in 2022, sales never fell. Yeti's edge over Newell is its coolers. Their gross margins have swung from the high-50s in 2021 to low-50s in 2022, better than Newell's. For 2023, Wall St. projects Yeti's earnings to fall 3% vs. Newell plunging 48%. YETI has a strong balance sheet vs. Newell's $5 billion debt. Yeti never paid a dividend, but Newell's pays a generous one that they had to slash by 70% to 2.6%. That triggered a sell-off by income investors. That said, both companies are buys. Last week, Yeti raised its full-year forecast, especially over the holidays. Newell is a turnarounds tory under new management. The CEO had to slash the dividend. Their last quarter beat top and bottom line, but the CEO lowered guidance for the rest of the year. He thinks that was the last bad quarter, and the last bad quarter is the time to invest in a stock. Also, Newell is laying off 2% of its workforce and automating its warehouses and reducing their brands (they have way too many). Yeti is returning to growth mode at 16.4x PE 2024 vs. Newell's under 10x PE 2024. He prefers Yeti.
YETI Holdings, Inc. is a American stock, trading under the symbol YETI (previously YETI-N on Stockchase) on the New York Stock Exchange (YETI). It is usually referred to as NYSE:YETI or YETI
In the last year, 1 stock analyst issued a Buy, Sell, or Hold rating on YETI (previously YETI-N on Stockchase). 1 analyst recommended to BUY and 0 analysts recommended to SELL the stock. The latest stock analyst rating is TOP PICK. Read the latest stock experts' ratings for YETI Holdings, Inc..
YETI Holdings, Inc. was recommended as a Top Pick by Don Lato on 2019-03-13. Read the latest stock experts ratings for YETI Holdings, Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for YETI Holdings, Inc..
YETI Holdings, Inc. is followed by 31 investors on Stockchase and is a trending stock that is worth watching.
On 2026-06-12, YETI Holdings, Inc. (YETI) stock closed at a price of $50.42.
It trades at 12X forward earnings or cash flow. In the past they have over-performed or under-performed giving an average of 15%. The main core business is mature with a 60% margin. It is trading like an ex-growth consumer products company, but the rest of the business is growing at 15% or higher. It has very high margins which is good for growth. Tariffs have been an issue but he thinks they have worked through it. He is looking for a big increase in the stock price with a substantial increase in earnings. Buy 6 Hold 13 Sell 0
(Analysts’ price target is $34.13)