Ideas And Forecasts On YETI Holdings Inc (NYSE: YETI)

YETI Holdings Inc (NYSE:YETI) currently has a daily average trading volume of 1.59M but it saw 1411342 shares traded in last market. With a market cap of 3.18B USD, the company’s current market price of $37.52 came falling about -2.57 while comparing to the previous closing price of $38.51. In past 52 weeks, the stock remained buoying in the range of price level as high as $51.24 and as low as $33.41. In the recent trading on the day, stock has struck highest price mark of $37.5 while lowest mark touched by it was $39.38.

Taking a look at 20-day trading activity of YETI Holdings Inc (YETI) gives us an average price of $41.25, while its current price level is -26.78% below from 52-week high level whereas it is 12.30% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $39.40 while that of 200 days or SMA-200 reads an average of $39.21. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.79% during that period while stretching the period over a month that increases to 3.28%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 33.16 which implies that the stock is in neutral territory.

BofA Securities upgraded its recommendation for the stock as a “Buy” from “Neutral” on August 08, 2024 while assigning a price target range of $46-$55. Canaccord Genuity also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $49 and $50.

Over the week, YETI’s stock price is moving -4.55% down while it is -8.93% when we observe its performance for the past one month. Year-to-date it is -2.57% down and over the past year, the stock is showing a downside performance of -25.51%.

Currently, YETI Holdings Inc’s total number of outstanding shares is 84.81M. Company’s return on investment (ROI) stands at 21.76% and return on equity (ROE) at 28.55%. It has a price to earnings ratio (P/E ratio) of 16.13 while having a 12.96 of forward P/E ratio. Stock’s beta reads 2.14. Stock has a price to book (P/B) ratio of 4.13 while price to sale or P/S ratio amounts to 1.77. Its return on asset (ROA) is 16.56% on average.