YETI (YETI) Expected to Announce Quarterly Earnings on Thursday

YETI (NYSE:YETI) will likely be issuing its quarterly earnings data before the market opens on Thursday, February 13th. Analysts expect the company to announce earnings of $0.93 per share and revenue of $551.96 million for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

YETI Stock Performance

YETI stock opened at $36.94 on Thursday. The firm has a fifty day simple moving average of $39.36 and a two-hundred day simple moving average of $39.26. The company has a quick ratio of 1.45, a current ratio of 2.58 and a debt-to-equity ratio of 0.10. YETI has a twelve month low of $33.41 and a twelve month high of $49.01. The company has a market capitalization of $3.13 billion, a PE ratio of 15.86, a P/E/G ratio of 1.06 and a beta of 2.14.

Analyst Upgrades and Downgrades

YETI has been the topic of several analyst reports. Piper Sandler reaffirmed an “overweight” rating and issued a $54.00 target price (down from $55.00) on shares of YETI in a research note on Friday, November 8th. UBS Group lowered their target price on shares of YETI from $44.00 to $43.00 and set a “neutral” rating for the company in a report on Thursday, January 16th. Canaccord Genuity Group reissued a “hold” rating and issued a $44.00 target price on shares of YETI in a research note on Thursday, November 14th. Bank of America cut shares of YETI from a “buy” rating to a “neutral” rating and cut their price target for the company from $55.00 to $40.00 in a report on Wednesday, November 6th. Finally, TD Cowen reduced their price objective on YETI from $46.00 to $44.00 and set a “hold” rating for the company in a report on Monday, November 11th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $44.69.

About YETI

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.