
Yeti is a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol YETI.
The company's stock symbol was changed from HOTT to YETI in 2015 to better reflect its brand identity.
As a result of the name change, investors who held shares of HOTT prior to the change were not required to take any action to retain their YETI shares.
YETI's stock has experienced significant growth since its IPO in 2012, with the stock price increasing from $15 to over $100 per share in just a few years.
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Financial Performance
In 2023, YETI Holdings's revenue was a whopping $1.66 billion, up 3.98% from the previous year.
This significant increase in revenue is a testament to the company's growing popularity and demand for its products. YETI's revenue has been steadily increasing over the years, with a 89.41% jump in earnings to $169.89 million.
Here's a breakdown of YETI's sales per share over the years:
The current share price of YETI Holdings is $37.26, which is a decrease of 2.26% in the past month. However, the company's stock has shown a significant increase since its IPO, with a 119.18% change.
YETI's financial performance is also reflected in its equity ratio, which has been steadily increasing over the years, currently standing at 53.45%.
Analyst Insights
Analysts are generally optimistic about YETI's future, with 13 analysts recommending a "Hold" rating and forecasting an average 12-month stock price of $44.92, a 24.67% increase from the latest price.
Piper Sandler, a leading analyst, has maintained a "Buy" rating since 07/30/24, with a price target of $54. This suggests that Piper Sandler believes YETI's stock will continue to rise in the near future.
Jefferies & Company Inc. also maintains a "Buy" rating, with a price target of $55. This is consistent with Piper Sandler's rating and suggests that multiple analysts are confident in YETI's growth prospects.
Some analysts have upgraded their ratings, such as Raymond James Financial, Inc. and Stifel, Nicolaus & Co., Inc., who both maintain a "Buy" rating. This indicates that these analysts believe YETI's stock will continue to perform well.
However, not all analysts are optimistic. Capital Depesche has maintained a "Hold" rating since 04/05/24, with a price target of $40. This suggests that Capital Depesche is more cautious in their assessment of YETI's growth prospects.
Here is a summary of analyst ratings:
Efficiency
YETI's efficiency is a notable aspect of its business. YETI Holdings has a revenue per employee of $1,579,726.667, indicating a strong ability to generate revenue from each employee.
Its income per employee is even more impressive, at $161,795.238, showing that each employee is contributing significantly to the company's profitability. This suggests that YETI has a well-run operation.
The company's receivables turnover is 17.319, which means it has a strong ability to collect payments from its customers. This is a good sign for a company's financial health.
YETI's total asset turnover is 1.365, indicating that it is effectively using its assets to generate revenue.
Here's a summary of YETI's efficiency metrics:
Growth and Expansion
YETI Holdings is expanding its international presence, with sales growth exceeding 30% in certain markets. This is a significant driver of the company's growth.
The company is also pivoting production out of China, which is a positive move for consumers and investors alike. This shift is expected to have a positive impact on the company's bottom line.
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International growth was a record 19% of total revenue in Q1 2024, with domestic sales growing by nearly 10% this quarter. This strong performance led to an upgrade in the company's full year guidance.
YETI has also made strategic acquisitions, such as Mystery Ranch and Butter Pat Industries, which are expected to expand the company's presence in the premium consumer goods market. These deals are a key part of the company's growth strategy.
The company's shares have declined by over 20% in the past year, presenting a buying opportunity at a forward P/E of around 13x. This makes YETI Holdings an attractive option for investors looking for a growth stock.
Market Data
The P/E ratio for YETI is 16.02, which is a significant factor in determining the stock's value.
The company's market capitalization is approximately $3.16 billion, giving you an idea of its overall size and worth.
YETI's EPS (Earnings Per Share) is $2.35, which can help you understand the company's profitability.
The company's average volume is 1.38 million shares, indicating the level of trading activity.
Here's a breakdown of YETI's key data:
Shareholder Information
The Yeti stock symbol is YETI. You can find more information about the company's stock performance on financial websites like Yahoo Finance or Google Finance.
Yeti Inc. is a publicly traded company, listed on the New York Stock Exchange (NYSE).
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Dividend Calendar
As a shareholder, it's essential to stay on top of a company's dividend payments. YETI Holdings Inc has a dividend calendar that outlines when dividends are paid.
The company pays dividends in USD, and the payment date is listed in the calendar.
YETI Holdings Inc Registered Shs has not paid any dividends in the years listed, with the exception of one year where the dividend amount is not specified.
Here is a list of the dividend payment dates for YETI Holdings Inc Registered Shs from 2013 to 2023:
It's worth noting that the dividend yield is 0.00% for all years listed.
Insider Actions
Insider actions can be a significant indicator of a company's future performance. Insider selling, in particular, can be a warning sign that the company may be experiencing financial difficulties.
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Insiders are required to disclose their transactions with the SEC, and these filings can be found on the company's EDGAR page. The most recent insider transactions are typically listed at the top of the page.
Insiders are often better positioned to know the company's inner workings, so their buying and selling decisions can be a valuable source of information. However, insider selling can be a sign that the company is struggling.
The largest insider sale in the past year was made by the CEO, who sold 100,000 shares for $2 million. This sale can be a red flag for investors, indicating that the CEO may not be confident in the company's future prospects.
Shareholder Returns
Let's take a closer look at how YETI has performed for its shareholders. YETI's 7-day return was -4.0%, which is slightly worse than the US Leisure industry's -3.1% return over the same period.
Here's a comparison of YETI's returns with the US Leisure and US Market over the past 7 days and 1 year:
YETI underperformed the US Leisure industry by a significant margin, returning -12.9% over the past year compared to their -8.4% return.
Frequently Asked Questions
Does YETI have stock?
Yes, YETI has publicly traded stock on the New York Stock Exchange under the symbol YETI. You can buy and sell YETI shares on the NYSE.
How do I buy YETI stock?
To buy YETI stock, sign up for a brokerage account on Public and add funds to your account. Once funded, you can choose how much to invest in YETI stock.
Is YETI stock a good investment?
Yeti Holdings has a consensus rating of Moderate Buy, with a strong average price target of $46.73, indicating potential growth opportunities. However, individual investment decisions should be based on thorough research and consideration of personal financial goals.
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