YETI Holdings Inc. [NYSE: YETI] gained 3.43% or 1.23 points to close at $37.10 with a heavy trading volume of 1662867 shares. It opened the trading session at $39.09, the shares rose to $39.09 and dropped to $36.69, the range by which the price of stock traded the whole day. The daily chart for YETI points out that the company has recorded 11.28% gains over the past six months. However, it is still -142.8% lower than its most recent low trading price.
If we look at the average trading volume of 2.37M shares, YETI reached to a volume of 1662867 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about YETI Holdings Inc. [YETI]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for YETI shares is $35.07 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on YETI stock is a recommendation set at 1.80. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BTIG Research have made an estimate for YETI Holdings Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 29, 2020. The new note on the price target was released on April 17, 2020, representing the official price target for YETI Holdings Inc. stock. Previously, the target price had yet another drop from $37 to $27, while ROTH Capital kept a Neutral rating on YETI stock. On March 03, 2020, analysts decreased their price target for YETI shares from 39 to 37.
The Average True Range (ATR) for YETI Holdings Inc. is set at 2.14, with the Price to Sales ratio for YETI stock in the period of the last 12 months amounting to 3.24. The Price to Book ratio for the last quarter was 24.41, with the Price to Cash per share for the same quarter was set at 1.45. Price to Free Cash Flow for YETI in the course of the last twelve months was 31.74 with Quick ratio for the last quarter at 1.30.
Trading performance analysis for YETI stock
YETI Holdings Inc. [YETI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.06. With this latest performance, YETI shares gained by 37.76% in over the last four-week period, additionally plugging by 11.28% over the last 6 months – not to mention a rise of 38.59% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for YETI stock in for the last two-week period is set at 67.23, with the RSI for the last a single of trading hit 67.07, and the three-weeks RSI is set at 64.98 for YETI Holdings Inc. [YETI]. The present Moving Average for the last 50 days of trading for this stock 28.59, while it was recorded at 35.76 for the last single week of trading, and 29.74 for the last 200 days.
YETI Holdings Inc. [YETI]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and YETI Holdings Inc. [YETI] shares currently have an operating margin of +9.82 and a Gross Margin at +51.38. YETI Holdings Inc.’s Net Margin is presently recorded at +5.52.
Return on Total Capital for YETI is now 21.74, given the latest momentum, and Return on Invested Capital for the company is 13.28. Return on Equity for this stock inclined to 66.81, with Return on Assets sitting at 8.65. When it comes to the capital structure of this company, YETI Holdings Inc. [YETI] has a Total Debt to Total Equity ratio set at 284.31. Additionally, YETI Total Debt to Total Capital is recorded at 73.98, with Total Debt to Total Assets ending up at 55.10. Long-Term Debt to Equity for the company is recorded at 265.49, with the Long-Term Debt to Total Capital now at 69.08.
Reflecting on the efficiency of the workforce at the company, YETI Holdings Inc. [YETI] managed to generate an average of $63,841 per employee. Receivables Turnover for the company is 12.87 with a Total Asset Turnover recorded at a value of 1.57.YETI Holdings Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.30 and a Current Ratio set at 2.70.
YETI Holdings Inc. [YETI]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, YETI Holdings Inc. posted 0.33/share EPS, while the average EPS was predicted by analysts to be reported at 0.3/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 10.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for YETI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for YETI Holdings Inc. go to 20.00%.
An analysis of insider ownership at YETI Holdings Inc. [YETI]
There are presently around $2,191 million, or 92.10% of YETI stock, in the hands of institutional investors. The top three institutional holders of YETI stocks are: WELLINGTON MANAGEMENT GROUP LLP with ownership of 9,521,224, which is approximately 5.068% of the company’s market cap and around 0.90% of the total institutional ownership; VANGUARD GROUP INC, holding 5,130,934 shares of the stock with an approximate value of $184.05 million in YETI stocks shares; and MACQUARIE GROUP LTD, currently with $134.16 million in YETI stock with ownership of nearly 18.667% of the company’s market capitalization.
128 institutional holders increased their position in YETI Holdings Inc. [NYSE:YETI] by around 16,018,922 shares. Additionally, 115 investors decreased positions by around 9,165,152 shares, while 15 investors held positions by with 35,885,980 shares. The mentioned changes placed institutional holdings at 61,070,054 shares, according to the latest SEC report filing. YETI stock had 45 new institutional investments in for a total of 3,752,680 shares, while 64 institutional investors sold positions of 3,489,426 shares during the same period.