YETI (NYSE:YETI) Downgraded by Piper Sandler to Neutral

YETI (NYSE:YETI) was downgraded by research analysts at Piper Sandler from an “overweight” rating to a “neutral” rating in a note issued to investors on Friday, FinViz reports. They presently have a $39.00 target price on the stock, down from their previous target price of $58.00. Piper Sandler‘s price objective points to a potential upside of 1.75% from the company’s current price.

YETI has been the subject of several other research reports. Wall Street Zen lowered shares of YETI from a “buy” rating to a “hold” rating in a research note on Saturday, November 7th. Ladenburg Thalmann & Co. Inc. assumed coverage on shares of YETI in a research note on Tuesday, October 13th. They set a “buy” rating and a $52.00 target price on the stock. Robert W. Baird raised their price target on shares of YETI from $55.00 to $57.00 and gave the stock an “outperform” rating in a report on Friday, August 14th. Morgan Stanley decreased their price target on shares of YETI from $49.00 to $48.00 and set an “equal weight” rating for the company in a research note on Tuesday, October 27th. Finally, The Goldman Sachs Group upgraded shares of YETI from a “neutral” rating to a “buy” rating and upped their price objective for the company from $46.00 to $63.00 in a report on Monday, July 20th. Eleven research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, YETI currently has a consensus rating of “Moderate Buy” and an average price target of $53.93.

YETI Stock Down 10.4%

Shares of YETI stock opened at $38.33 on Friday. The stock’s 50-day moving average is $42.13 and its 200 day moving average is $43.88. YETI has a one year low of $34.90 and a one year high of $53.99. The firm has a market cap of $2.80 billion, a price-to-earnings ratio of 16.74, a PEG ratio of 1.12 and a beta of 1.63. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.75 and a quick ratio of 0.87.

YETI (NYSE:YETI) last issued its earnings results on Thursday, November 12th. The company reported $0.91 earnings per share for the quarter, topping analysts’ consensus estimates of $0.84 by $0.07. YETI had a return on equity of 23.79% and a net margin of 9.24%. The business had revenue of $517.93 million during the quarter, compared to the consensus estimate of $523.07 million. During the same period in the previous year, the company posted $0.48 earnings per share. The firm’s revenue for the quarter was up 4.4% on a year-over-year basis. Equities research analysts anticipate that YETI will post 2.56 EPS for the current year.

Hedge Funds Weigh In On YETI

A number of large investors have recently modified their holdings of the company. Hsbc Holdings PLC bought a new stake in YETI during the 2nd quarter valued at $2,527,000. Fort Washington Investment Advisors Inc. OH lifted its stake in shares of YETI by 38.5% in the third quarter. Fort Washington Investment Advisors Inc. OH now owns 847,874 shares of the company’s stock valued at $34,780,000 after buying an additional 235,490 shares in the last quarter. Quantedge Capital Pte Ltd bought a new position in shares of YETI in the first quarter valued at $904,000. Renaissance Technologies LLC lifted its stake in shares of YETI by 105.5% in the first quarter. Renaissance Technologies LLC now owns 85,500 shares of the company’s stock valued at $3,128,000 after buying an additional 43,900 shares in the last quarter. Finally, Empowered Funds LLC grew its holdings in shares of YETI by 2,858.7% during the first quarter. Empowered Funds LLC now owns 289,125 shares of the company’s stock valued at $10,579,000 after buying an additional 279,353 shares during the last quarter.

YETI News Roundup

These are some of the YETI news items that stood out recently:

• Positive Sentiment: Adjusted sales increased 6% to about $518 million, with international sales up 19% to $119 million—evidence of continued growth outside the domestic market. YETI: 3 Key Takeaways for Long-Term Investors
• Negative Sentiment: The company cut its 2026 adjusted sales-growth outlook to about 6%, from its prior 7%–8% range, citing consumer caution. The lowered forecast was the main pressure on the stock. Yeti Cuts Year Outlook on Consumer Caution
• Negative Sentiment: Quarterly revenue of about $517.9 million rose 4.4% year over year but fell short of the roughly $523.1 million analyst estimate, tempering the earnings beat. YETI projected 2026 adjusted EPS of $2.90–$2.95 alongside its reduced sales outlook. YETI Projects 2026 Adjusted EPS and Cuts Sales Growth Outlook

YETI Company Profile

YETI Holdings, Inc. designs, markets and distributes premium outdoor products. Founded in 2006 by brothers Roy and Ryan Seiders, the company is headquartered in Austin, Texas. Its product lineup includes hard and soft coolers, insulated drinkware, bags, outdoor and camping equipment, and related accessories. YETI sells through its website, company-operated stores and a network of retail partners. The company serves customers in the United States and international markets, including Canada, Europe, Australia and parts of Asia.