With 2.01 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.4 million shares. The 52-week range on YETI shows that it touched its highest point at $45.25 and its lowest point at $26.61 during that stretch. It currently has a 1-year price target of $34.07. Beta for the stock currently stands at 1.88.
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 up-trending over the past week, with a rise of 3.80%, but this was up by 7.97% over a month. Three-month performance dropped to -13.53% while six-month performance fell -23.13%. The stock lost -21.15% in the past year, while it has lost -20.51% so far this year. A look at the trailing 12-month EPS for YETI yields 2.07 with Next year EPS estimates of 2.52. For the next quarter, that number is 0.54. This implies an EPS growth rate of -26.69% for this year and 25.83% for next year. EPS is expected to grow by 1.11% 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, 82.79 million YETI shares are outstanding with a float of 81.99 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.
