YETI (NYSE:YETI) Downgraded by Zacks Investment Research to Hold

YETI stock has undergone multiple analysts rating changes in the recent past.  YETI Downgraded by Zacks Investment Research on 10-12-21. In a note to investors, the firm issued a new rating of Hold. The analysts previously had rating of Buy.

Shares of YETI traded up $0.99 on Tuesday, reaching $84.74. 0 shares of the stock traded hands, compared to its average volume of 921630. Shares of YETI were trading at $84.74 on Tuesday. The firm’s 50 day moving average is $96.49 and its 200 day moving average is $84.83.YETI has a 12 month low of $82.95 and a 12 month high of $105.62. While on yearly highs and lows, YETI’s today has traded high as $85.89 and has touched $82.95 on the downward trend. See More Analyst Rating at: RATING

YETI Earnings and What to expect: 

YETI last issued its earnings results on August 5th, 2021. The reported $0.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.54 by $0.14. The business had revenue of $357.67 million for the quarter, compared to analysts’ expectations of $330.76 million. YETI has generated $1.78 earnings per share over the last year ($2.27 diluted earnings per share) and currently has a price-to-earnings ratio of 37.3. Earnings for YETI are expected to grow by 20.09% in the coming year, from $2.34 to $2.81 per share. YETI has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, November 4th, 2021 based off prior year’s report dates.

Earnings for YETI are expected to grow by 20.09% in the coming year, from $2.34 to $2.81 per share. The P/E ratio of YETI is 37.33, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.78. The P/E ratio of YETI is 37.33, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 21.63. YETI has a PEG Ratio of 2.46. PEG Ratios above 1 indicate that a company could be overvalued. YETI has a P/B Ratio of 25.60. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

YETI (NYSE:YETI) Moving Average Technical Analysis

5 day Moving Average is $85.20 And 5 day price change is -$0.09 (-0.11%)  with average volume for 5 day average is 993,340. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $91.15 and 20 day price change is -$14.83 (-14.89%) and average 20 day moving volume is 1,078,595. 50 day moving average is $96.49  and 50 day price change is -$12.87 ( -13.19%)  and with average volume for 50 days is : 885,038. 200 day moving average is $84.83  and 200 day price change is $11.65 (15.94%)  and with average volume for 200 days is : 1,256,889.

Other owners latest trading in YETI :

  • On 10/12/2021 shares held by Mountain Capital Investment Advisors Inc were 9,319 which equates to market value of $0.79M and appx 0.40% owners of YETI
  • On 10/12/2021 shares held by Level Four Advisory Services LLC were 4,006 which equates to market value of $0.34M and appx 0.00% owners of YETI
  • On 10/12/2021 shares held by Louisiana State Employees Retirement System were 22,300 which equates to market value of $1.91M and appx 0.00% owners of YETI
  • In total Institutional ownership equates to Institutional Ownership Percentage: 94.29% for YETI

See More Analyst Rating at: RATING