YETI (NYSE:YETI) Stock Price Target Cut by Citigroup

YETI (NYSE:YETI) had its target price lowered by Citigroup from $53.00 to $50.00 in a research report issued on Friday, Benzinga reports. The brokerage currently has a “buy” rating on the stock. Citigroup‘s price target indicates a potential upside of 27.08% from the company’s current price.

Several other research analysts have also recently issued reports on YETI. Jefferies Financial Group reiterated a “buy” rating and issued a $80.00 price objective on shares of YETI in a report on Thursday, August 13th. Weiss Ratings raised YETI from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, August 21st. Ladenburg Thalmann & Co. Inc. began coverage on YETI in a report on Tuesday, October 13th. They set a “buy” rating and a $52.00 target price on the stock. Stifel Nicolaus cut their target price on YETI from $50.00 to $48.00 and set a “buy” rating for the company in a research report on Friday. Finally, Raymond James Financial reaffirmed an “outperform” rating on shares of YETI in a research note on Thursday. Eleven equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $51.67.

YETI Stock Performance

Shares of NYSE YETI traded up $1.04 during midday trading on Friday, reaching $39.34. 4,648,320 shares of the company traded hands, compared to its average volume of 1,562,873. The company has a market cap of $2.87 billion, a price-to-earnings ratio of 17.18, a PEG ratio of 1.12 and a beta of 1.63. The stock has a 50-day moving average price of $42.13 and a 200 day moving average price of $43.88. YETI has a 52 week low of $34.90 and a 52 week high of $53.99. 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 announced its earnings results on Thursday, November 12th. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.84 by $0.07. The firm had revenue of $509.42 million during the quarter, compared to analyst estimates of $523.07 million. YETI had a net margin of 9.24% and a return on equity of 23.79%. YETI’s revenue was up 4.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.48 EPS. Sell-side analysts anticipate that YETI will post 2.56 earnings per share for the current fiscal year.

Hedge Funds Weigh In On YETI

Several large investors have recently made changes to their positions in the business. Reinhart Partners LLC. raised its holdings in shares of YETI by 5.1% in the 2nd quarter. Reinhart Partners LLC. now owns 3,277,296 shares of the company’s stock worth $162,423,000 after purchasing an additional 158,957 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in YETI by 3.9% during the first quarter. Dimensional Fund Advisors LP now owns 1,887,097 shares of the company’s stock worth $69,043,000 after buying an additional 70,273 shares in the last quarter. Quantinno Capital Management LP boosted its holdings in YETI by 46.0% during the first quarter. Quantinno Capital Management LP now owns 1,871,188 shares of the company’s stock worth $68,467,000 after buying an additional 589,205 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in YETI during the second quarter worth approximately $57,971,000. Finally, Fort Washington Investment Advisors Inc. OH grew its position in YETI by 38.5% in the third quarter. Fort Washington Investment Advisors Inc. OH now owns 847,874 shares of the company’s stock worth $34,780,000 after buying an additional 235,490 shares during the last quarter.

Trending Headlines about YETI

These are some of the YETI headlines that stood out recently:

• Positive Sentiment: YETI reported third-quarter EPS of $0.91, above the roughly $0.84 consensus, while adjusted sales rose 6% to $518 million. International sales increased 19%, helping offset weakness elsewhere. YETI Reports Third Quarter 2026 Results
• Neutral Sentiment: Several analysts still see potential upside and retained positive ratings, including Roth Capital, KeyCorp, Stifel and Baird. However, they all lowered their price targets; Canaccord moved to “hold.” Roth Capital rating
• Negative Sentiment: Quarterly revenue of $509.4 million missed estimates of about $523 million, despite year-over-year growth. Piper Sandler also downgraded YETI to “neutral” and cut its target to $39 from $58, reinforcing concerns about the lowered outlook. YETI Stock Slides After Q3 Revenue Miss

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.