YETI (NYSE:YETI) Stock Price Down 4.8% – Here’s What Happened

YETI Holdings, Inc. (NYSE:YETI – Get Free Report)’s stock price dropped 4.8% during mid-day trading on Wednesday. The stock traded as low as $42.13 and last traded at $42.6380. 2,814,954 shares traded hands during trading, an increase of 86% from the average session volume of 1,515,192 shares. The stock had previously closed at $44.77.

YETI News Roundup

Here’s some of the latest news about YETI:

  • Positive Sentiment: Q3 adjusted EPS rose 49% year over year to $0.91, beating the roughly $0.84 analyst consensus. International sales increased 19% to $119 million, helping offset softer North American demand. YETI Reports Third Quarter 2026 Results
  • Neutral Sentiment: Net sales grew 4% to about $518 million (6% on an adjusted basis), but came in below analysts’ approximately $523 million estimate. Yeti: Q3 Earnings Snapshot
  • Negative Sentiment: YETI lowered its 2026 adjusted sales-growth outlook to about 6% from 7%–8% previously and projected adjusted EPS of $2.90–$2.95. The cautious outlook reflects weaker U.S. and Canadian demand, weighing on the growth outlook despite international gains. YETI Q3 2026 deep dive

Analyst Upgrades and Downgrades

Several research firms have commented on YETI. Morgan Stanley lowered their price target on shares of YETI from $49.00 to $48.00 and set an “equal weight” rating on the stock in a report on Tuesday, October 27th. UBS Group set a $44.00 target price on shares of YETI in a research report on Thursday, October 15th. Piper Sandler lowered YETI from an “overweight” rating to a “neutral” rating and decreased their price objective for the company from $58.00 to $39.00 in a report on Friday. KeyCorp cut their price target on YETI from $57.00 to $49.00 and set an “overweight” rating for the company in a report on Friday. Finally, Robert W. Baird cut their target price on YETI from $57.00 to $50.00 and set an “outperform” rating for the company in a research note on Friday. Eleven equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $51.87.

Read Our Latest Stock Analysis on YETI

YETI Trading Up 2.8%

The company’s fifty day moving average is $42.13 and its two-hundred day moving average is $43.88. The company has a quick ratio of 0.87, a current ratio of 1.75 and a debt-to-equity ratio of 0.16. The stock has a market cap of $2.87 billion, a price-to-earnings ratio of 17.19, a PEG ratio of 1.12 and a beta of 1.63.

YETI (NYSE:YETI – Get Free Report) last announced its quarterly 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. YETI had a return on equity of 23.79% and a net margin of 9.24%. The firm had revenue of $517.93 million during the quarter, compared to the consensus estimate of $523.07 million. During the same period in the prior year, the company posted $0.48 earnings per share. The firm’s quarterly revenue was up 4.4% compared to the same quarter last year. On average, research analysts predict that YETI Holdings, Inc. will post 2.56 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. GAMMA Investing LLC increased its position in YETI by 4.3% during the second quarter. GAMMA Investing LLC now owns 5,113 shares of the company’s stock worth $253,000 after buying an additional 211 shares in the last quarter. Covestor Ltd lifted its position in shares of YETI by 27.3% in the third quarter. Covestor Ltd now owns 1,479 shares of the company’s stock valued at $60,000 after acquiring an additional 317 shares in the last quarter. Voya Investment Management LLC boosted its stake in shares of YETI by 2.5% during the third quarter. Voya Investment Management LLC now owns 14,731 shares of the company’s stock valued at $604,000 after acquiring an additional 362 shares during the last quarter. Fifth Third Bancorp increased its position in YETI by 1.3% during the 3rd quarter. Fifth Third Bancorp now owns 28,092 shares of the company’s stock worth $1,152,000 after purchasing an additional 370 shares in the last quarter. Finally, Elevation Wealth Partners LLC increased its position in YETI by 80.5% during the 3rd quarter. Elevation Wealth Partners LLC now owns 888 shares of the company’s stock worth $36,000 after purchasing an additional 396 shares in the last quarter.

About YETI

(Get Free Report)

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.

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