Yeti Holdings (YETI)

• Market cap: $3.34B
• 1 day: -0.56%
• 5 days: -9.53%
• 1 month: 5.86%
• 3 months: -0.91%
• 6 months: -3.88%
• Year to date: -21.76%
• 1 year: -25.23%
• 5 years: 13.54%
• 10 years: 131.82%
• Sector: Consumer Discretionary
• Industry: Sporting & Athletic Goods

About: YETI Holdings Inc is a designer, marketer, and distributor of premium products for the outdoor and recreation market sold under the YETI brand. The company offers products including coolers and equipment, drinkware, and other accessories. Its trademark products include YETI Tundra, Hopper, YETI TANK, Rambler, Colster, Rambler among others. The company distributes products through wholesale channels and through direct-to-consumer, or DTC, channels.

Employees: 1,050

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

45% more first-time investments, than exits

New positions opened: 64 | Existing positions closed: 44

5% more funds holding

Funds holding: 365 [Q2] → 385 (+20) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

2% less capital invested

Capital invested by funds: $3.53B [Q2] → $3.46B (-$75.5M) [Q3]

9.04% less ownership

Funds ownership: 108.62% [Q2] → 99.58% (-9.04%) [Q3]

17% less repeat investments, than reductions

Existing positions increased: 119 | Existing positions reduced: 144

21% less call options, than puts

Call options by funds: $45.1M | Put options by funds: $57M

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $40 1% upside
• Avg. target: $46 15% upside
• High target: $54 37% upside

4 analyst ratings

• positive: 1 25%
• neutral: 3 75%
• negative: 0 0%

Canaccord Genuity Brian McNamara 60% 1-year accuracy 26 / 43 met price target	12% upside $44	Hold Maintained	14 Nov 2024
TD Cowen John Kernan 80% 1-year accuracy 45 / 56 met price target	12% upside $44	Hold Maintained	11 Nov 2024
Piper Sandler Peter Keith 65% 1-year accuracy 30 / 46 met price target	37% upside $54	Overweight Reiterated	8 Nov 2024
B of A Securities Robert Ohmes 68% 1-year accuracy 13 / 19 met price target	2% upside $40	Neutral Downgraded	6 Nov 2024