YETI Holdings, Inc. (YETI-N)
NYSE:YETI
31.31
0.26
(0.82%) 1d
Financials
Technical Analysis
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This summary was created by AI, based on 1 opinions in the last 12 months.
YETI Holdings, Inc. has experienced a positive rally of 4%, likely driven by market anticipations surrounding the upcoming presidential election, particularly the potential win for Harris. This sentiment reflects investor optimism, as YETI had previously faced selling pressure. Notably, 40% of YETI's products are sourced from China, which could place the company at risk of tariffs if Trump were to win the election, ultimately affecting its profitability. The stock's movement indicates a market shift in response to political events, highlighting the volatility and external factors impacting YETI's valuation. Investors should closely monitor the political landscape and its implications for trade policies that could influence YETI's supply chain and revenue.
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.
Headquartered in Austin, Texas, YETI is a global designer, retailer, and distributor of innovative outdoor products. From coolers and drinkware to backpacks and bags, YETI products are built to meet the unique and varying needs of diverse outdoor pursuits, whether in the remote wilderness, at the beach, or anywhere life takes our customers. By consistently delivering high-performing, exceptional products, we have built a strong following of brand loyalists throughout the world, ranging from serious outdoor enthusiasts to individuals who simply value products of uncompromising quality and design. We have an unwavering commitment to outdoor and recreation communities, and we are relentless in our pursuit of building superior products for people to confidently enjoy life outdoors and beyond. Social media mentions are up 550% in the past 24h.
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YETI Holdings, Inc.(YETI-N) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 1
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 1
YETI Holdings, Inc.(YETI-N) Frequently Asked Questions
What is YETI Holdings, Inc. stock symbol?
YETI Holdings, Inc. is a American stock, trading under the symbol YETI-N on the New York Stock Exchange (YETI). It is usually referred to as NYSE:YETI or YETI-N
Is YETI Holdings, Inc. a buy or a sell?
In the last year, 1 stock analyst published opinions about YETI-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for YETI Holdings, Inc..
Is YETI Holdings, Inc. a good investment or a top pick?
YETI Holdings, Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for YETI Holdings, Inc..
Why is YETI Holdings, Inc. stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is YETI Holdings, Inc. worth watching?
1 stock analyst on Stockchase covered YETI Holdings, Inc. In the last year. It is a trending stock that is worth watching.
What is YETI Holdings, Inc. stock price?
On 2025-05-20, YETI Holdings, Inc. (YETI-N) stock closed at a price of $31.31.
It rallied 4% today, perhaps by a market sensing that Harris will win the election. YETI sources 40% of its goods from China, which is a target of tariffs if Trump wins. YETI was selling off until today.