With 1.88 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.59 million shares. The 52-week range on YETI shows that it touched its highest point at $45.25 and its lowest point at $33.41 during that stretch. It currently has a 1-year price target of $43.94. Beta for the stock currently stands at 2.07.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of YETI was down-trending over the past week, with a drop of -8.05%, but this was down by -4.55% over a month. Three-month performance dropped to -14.81% while six-month performance fell -14.71%. The stock lost -16.69% in the past year, while it has lost -10.70% so far this year. A look at the trailing 12-month EPS for YETI yields 2.06 with Next year EPS estimates of 3.17. For the next quarter, that number is 0.27. This implies an EPS growth rate of 7.00% for this year and 8.54% for next year. EPS is expected to grow by 8.44% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 28.53%.
Float and Shares Shorts:
At present, 82.94 million YETI shares are outstanding with a float of 81.65 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for YETI since 9 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $2.7043 being high and $2.64442 being low. For YETI, this leads to a yearly average estimate of $2.66438. Based on analyst estimates, the high estimate for the next quarter is $0.77 and the low estimate is $0.72. The average estimate for the next quarter is thus $0.75.
Summary of Insider Activity:
Insiders traded YETI stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
