YETI (NYSE:YETI) Issues FY 2026 Earnings Guidance

YETI (NYSE:YETI) updated its FY 2026 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 2.940-3.000 for the period, compared to the consensus EPS estimate of 2.890. The company issued revenue guidance of $2.0 billion-$2.0 billion, compared to the consensus revenue estimate of $2.0 billion.

YETI Trading Down 1.1%

Shares of NYSE:YETI opened at $40.91 on Friday. The company has a quick ratio of 0.87, a current ratio of 1.75 and a debt-to-equity ratio of 0.16. YETI has a 52-week low of $31.66 and a 52-week high of $53.99. The stock has a market cap of $2.99 billion, a price-to-earnings ratio of 17.87, a PEG ratio of 1.08 and a beta of 1.68. The business has a 50-day moving average price of $44.34 and a 200-day moving average price of $43.97.

YETI (NYSE:YETI) last announced its quarterly earnings data on Thursday, August 13th. The company reported $0.67 EPS for the quarter, beating the consensus estimate of $0.54 by $0.13. YETI had a net margin of 9.24% and a return on equity of 23.79%. The business had revenue of $483.87 million during the quarter, compared to analysts’ expectations of $483.80 million. During the same period in the previous year, the business posted $0.66 EPS. The business’s quarterly revenue was up 8.5% compared to the same quarter last year. YETI has set its FY 2026 guidance at 2.940-3.000 EPS. Equities analysts predict that YETI will post 2.58 EPS for the current year.

Analysts Set New Price Targets

YETI has been the subject of several research analyst reports. Stifel Nicolaus raised YETI from a “hold” rating to a “buy” rating and upped their target price for the stock from $45.00 to $50.00 in a research note on Friday, September 18th. Bank of America boosted their price target on YETI from $44.00 to $48.00 and gave the stock a “neutral” rating in a research report on Friday, August 14th. Canaccord Genuity Group lifted their target price on shares of YETI from $45.00 to $46.00 and gave the stock a “hold” rating in a research note on Monday, September 28th. Jefferies Financial Group reissued a “buy” rating and issued a $80.00 target price on shares of YETI in a research note on Thursday, August 13th. Finally, The Goldman Sachs Group upgraded YETI from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $46.00 to $63.00 in a report on Monday, July 20th. Twelve analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $56.00.

About YETI

YETI Holdings, Inc is a designer, retailer and distributor of premium outdoor products. Founded in 2006 by brothers Roy and Ryan Seiders, the company is headquartered in Austin, Texas, and focuses on products designed for outdoor recreation, travel and everyday use.

YETI’s product portfolio includes insulated drinkware, hard and soft coolers, outdoor gear, bags, luggage, cookware, outdoor living products and related accessories. Its offerings are marketed for activities such as fishing, hunting, camping, boating, sporting events and other outdoor pursuits, with an emphasis on durability and performance.

The company sells its products through its direct-to-consumer website, company-operated retail stores and third-party retailers and distributors.