Yeti (NYSE:YETI) released its earnings results on Thursday. The company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.06, Briefing.com reports. The company had revenue of $297.60 million during the quarter, compared to analyst estimates of $279.55 million. Yeti had a return on equity of 152.95% and a net margin of 8.27%. Yeti’s quarterly revenue was up 23.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.38 earnings per share. Yeti updated its FY 2020
Pre-Market guidance to 1.34-1.39 EPS and its FY20 guidance to $1.34-1.39 EPS.
Yeti stock traded down $1.07 during mid-day trading on Friday, reaching $33.12. 35,137 shares of the company traded hands, compared to its average volume of 1,704,240. The company has a debt-to-equity ratio of 2.88, a current ratio of 1.65 and a quick ratio of 0.61. The firm’s 50 day moving average price is $34.39 and its 200 day moving average price is $31.49. The firm has a market capitalization of $3.07 billion, a price-to-earnings ratio of 39.66, a P/E/G ratio of 1.62 and a beta of 2.91. Yeti has a 52-week low of $19.86 and a 52-week high of $38.61.
In related news, SVP Kirk A. Zambetti sold 32,000 shares of the company’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $31.91, for a total value of $1,021,120.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP Robert O. Murdock sold 25,188 shares of the firm’s stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $36.00, for a total value of $906,768.00. The disclosure for this sale can be found here. 10.70% of the stock is currently owned by corporate insiders.
Yeti Company Profile
YETI Holdings, Inc designs, markets, retails, and distributes products for the outdoor and recreation market under the YETI brand in the United States, Canada, Australia, and Japan. The company offers hard and soft coolers, as well as storage, transport, outdoor living, and associated accessories. It also provides drinkware products, including colsters, lowballs, stackable pints, mugs, tumblers, bottles, and jugs, as well as accessories comprising bottle straw caps, tumbler handles, and jug mounts under the Rambler brand.
See Also: What is a support level?
Receive News & Ratings for Yeti Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yeti and related companies with MarketBeat.com's FREE daily email newsletter.