YETI (YETI) Scheduled to Post Earnings on Thursday

YETI (NYSE:YETI) is set to release its earnings data before the market opens on Thursday, May 9th. Analysts expect YETI to post earnings of $0.25 per share for the quarter. YETI has set its FY24 guidance at $2.45 to $2.50 EPS.Persons interested in listening to the company’s earnings conference call can do so using this link.

YETI (NYSE:YETI) last issued its quarterly earnings results on Thursday, February 15th. The company reported $0.90 earnings per share for the quarter, missing the consensus estimate of $0.96 by ($0.06). The business had revenue of $519.79 million for the quarter, compared to analysts’ expectations of $535.99 million. YETI had a return on equity of 27.99% and a net margin of 10.24%. The company’s revenue was up 16.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.75 EPS. On average, analysts expect YETI to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

YETI Stock Up 1.7 %

Shares of YETI stock opened at $35.55 on Wednesday. The stock has a market cap of $3.03 billion, a P/E ratio of 18.23, a PEG ratio of 1.35 and a beta of 2.26. YETI has a 52 week low of $33.88 and a 52 week high of $54.15. The company has a quick ratio of 1.45, a current ratio of 2.30 and a debt-to-equity ratio of 0.11. The company’s fifty day simple moving average is $37.66 and its two-hundred day simple moving average is $42.34.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on YETI shares. Canaccord Genuity Group dropped their target price on shares of YETI from $41.00 to $40.00 and set a “hold” rating on the stock in a research note on Friday, April 5th. Stifel Nicolaus lowered their price target on shares of YETI from $43.00 to $41.00 and set a “hold” rating for the company in a research report on Friday, February 16th. B. Riley lowered their price target on shares of YETI from $42.00 to $38.00 and set a “neutral” rating for the company in a research report on Thursday, April 25th. William Blair reaffirmed an “outperform” rating on shares of YETI in a research report on Wednesday, May 1st. Finally, Raymond James lowered their price target on shares of YETI from $55.00 to $48.00 and set an “outperform” rating for the company in a research report on Friday, February 16th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $48.00.

YETI Company Profile

YETI Holdings, Inc designs, retails, and distributes products for the outdoor and recreation market under the YETI brand. It offers coolers and equipment, including hard and soft coolers, cargo, bags, outdoor living, and associated accessories, as well as backpacks, duffel bags, luggage, packing cubes, carryalls, camp chairs, blankets, dog beds, dog bowls, and gear cases under the LoadOut, Panga, Crossroads, Camino, Hondo Base, Trailhead, Lowlands, Boomer, and SideKick Dry brands.