YETI Holdings Inc. (NYSE:YETI) shares fell to a low of $73.48 before closing at $75.06. Intraday shares traded counted 2.77 million, which was -80.83% lower than its 30-day average trading volume of 1.53M. YETI’s previous close was $72.88 while the outstanding shares total 87.11M. The firm has a 12-month trailing P/E ratio of 42.41, and a growth ratio of 2.12. The stock’s Relative Strength Index (RSI) is 56.80, with weekly volatility at 3.85% and ATR at 3.57. The YETI stock’s 52-week price range has touched low of $18.16 and a $80.89 high. The stock traded higher over the last trading session, gaining 2.99% on 04/06/21.
Investors have identified the Leisure company YETI Holdings Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $6.40 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
YETI Holdings Inc. (YETI) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For YETI, the company has in raw cash 253.28 million on their books with 22.7 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 476.5 million total, with 287.76 million as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 2.43 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on YETI sounds very interesting.
Is the stock of YETI attractive?
In related news, President and CEO, Reintjes Matthew J sold 20,000 shares of the company’s stock in a transaction that recorded on Mar 15. The sale was performed at an average price of 72.78, for a total value of 1,455,538. As the sale deal closes, the SVP, GC & Secretary, Barksdale Bryan C. now sold 3,498 shares of the company’s stock, valued at 249,932. Also, President and CEO, Reintjes Matthew J sold 19,760 shares of the company’s stock in a deal that was recorded on Mar 01. The shares were price at an average price of 70.99 per share, with a total market value of 1,402,825. Following this completion of acquisition, the SVP, Talent & ESG, Castro Hollie Sammons now holds 2,320 shares of the company’s stock, valued at 172,794. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.50%.
9 out of 15 analysts covering the stock have rated it a Buy, while 4 have maintained a Hold recommendation on YETI Holdings Inc.. 0 analysts has assigned a Sell rating on the YETI stock. The 12-month mean consensus price target for the company’s shares has been set at $82.46.