Yeti Holdings (YETI) AI Stock Analysis

• Market Cap: $3.84B
• Dividend Yield: N/A
• Average Volume (3M): 1.81M
• Price to Earnings (P/E): 25.8
• Beta (1Y): 1.18
• Revenue Growth: 1.56%
• EPS Growth: -17.21%
• Country: US
• Employees: 1,340
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Leisure
• EPS (TTM): 0.61
• Shares Outstanding: 77,808,110
• 10 Day Avg. Volume: 1,560,198
• 30 Day Avg. Volume: 1,811,359
• PEG Ratio: 3.39
• Price to Book (P/B): 4.52
• Price to Sales (P/S): 1.83
• P/FCF Ratio: 15.22
• Enterprise Value/Market Cap: 0.74
• Enterprise Value/Revenue: 1.56
• Enterprise Value/Gross Profit: 2.70
• Enterprise Value/Ebitda: 10.52
• 1Y Price Target: $42.80
• Price Target Upside: -13.71% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 13
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 78 Outperform
• Price Target: $47.00 ▼(-5.24% Downside)

Yeti Holdings' overall stock score is driven by strong financial performance and a positive outlook from the earnings call, despite some margin pressures and challenges in the U.S. market. Technical analysis indicates bullish momentum, though caution is advised due to overbought signals. The valuation is reasonable, supporting a favorable long-term perspective.

Positive Factors

International Expansion

Strong international growth, particularly in Europe and Asia, enhances Yeti's market reach and diversifies revenue streams, supporting long-term stability.

Product Innovation

A robust product innovation pipeline ensures Yeti remains competitive and meets evolving consumer demands, driving future growth.

Supply Chain Diversification

Successful supply chain diversification reduces tariff impact, stabilizing costs and enhancing margin sustainability over the long term.

Negative Factors

U.S. Market Challenges

Declining U.S. sales, especially in Drinkware and e-commerce, could hinder overall growth and require strategic adjustments to regain momentum.

Margin Compression

Decreasing margins due to tariff costs and sales mix shifts could pressure profitability, impacting long-term financial health.

Drinkware Sales Decline

A decline in Drinkware sales, a key product category, signals potential demand issues, affecting revenue and necessitating strategic focus.

Yeti Holdings Business Overview & Revenue Model

Company Description

YETI Holdings, Inc. designs, markets, retails, and distributes products for the outdoor and recreation market under the YETI brand. The company offers hard and soft coolers, as well as cargo, bags, outdoor living, and associated accessories. It also provides drinkware products, such as colsters, lowballs, wine tumblers, stackable pints, mugs, tumblers, bottles, and jugs, as well as accessories comprising bottle straw caps, tumbler handles, jug mounts, and bottle slings under the Rambler brand. In addition, the company offers YETI-branded gear products, such as hats, shirts, bottle openers, and ice substitutes. It sells its products through independent retailers, including outdoor specialty, hardware, sporting goods, and farm and ranch supply stores, as well as through Website. The company operates in the United States, Canada, Australia, New Zealand, Europe, Hong Kong, China, Singapore, and Japan. YETI Holdings, Inc. was founded in 2006 and is headquartered in Austin, Texas.

How the Company Makes Money

Yeti Holdings generates revenue through the sale of its products across various channels, including direct-to-consumer sales through its e-commerce platform and retail stores, as well as through third-party retailers and distributors. Key revenue streams include the sale of coolers, drinkware, and branded accessories. The company's premium pricing strategy allows it to capture higher margins, appealing to a dedicated customer base that values quality and performance. Additionally, YETI has established strategic partnerships with outdoor retailers and distributors, enhancing its market presence and accessibility. Seasonal promotions, new product launches, and collaborations with influencers and outdoor events further contribute to its earnings.

Yeti Holdings Financial Statement Overview

Summary

Yeti Holdings demonstrates strong profitability with healthy margins and a stable financial position, despite a negative revenue growth trend. The company's low debt-to-equity ratio and robust return on equity highlight effective financial management. However, the decline in revenue growth is a concern that needs addressing.

Income Statement

Yeti Holdings shows strong profitability with a consistent gross profit margin around 58% and a net profit margin near 10% over the TTM. However, the revenue growth rate has turned negative in the TTM, indicating a potential slowdown. EBIT and EBITDA margins remain healthy, reflecting efficient operations despite the revenue decline.

Balance Sheet

The company's balance sheet is stable with a low debt-to-equity ratio of 0.22 in the TTM, suggesting conservative leverage. Return on equity is robust at 23%, indicating effective use of equity capital. The equity ratio is not explicitly provided, but the overall financial structure appears solid.

Cash Flow

Yeti Holdings has demonstrated positive free cash flow growth of 7% in the TTM, indicating improved cash generation. The operating cash flow to net income ratio is strong at 0.88, suggesting good cash conversion. However, the free cash flow to net income ratio is slightly lower at 0.80, which could be improved.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.83B	1.83B	1.66B	1.60B	1.41B	1.09B
Gross Profit	1.06B	1.06B	943.19M	763.40M	816.11M	628.80M
EBITDA	271.93M	293.51M	273.32M	160.49M	307.01M	244.77M
Net Income	160.31M	175.69M	169.88M	89.69M	212.60M	155.80M
Balance Sheet
Total Assets	1.26B	1.29B	1.30B	1.08B	1.10B	737.07M
Cash, Cash Equivalents and Short-Term Investments	164.48M	358.80M	438.96M	234.74M	312.19M	253.28M
Total Debt	222.53M	172.50M	176.11M	164.08M	186.41M	178.51M
Total Liabilities	557.59M	546.01M	573.58M	550.29M	578.54M	448.65M
Stockholders Equity	702.56M	740.11M	723.61M	526.48M	517.82M	288.42M
Cash Flow
Free Cash Flow	231.25M	219.55M	213.12M	43.98M	80.76M	343.48M
Operating Cash Flow	307.42M	261.39M	285.94M	100.89M	146.52M	366.43M
Investing Cash Flow	-125.64M	-131.45M	-72.82M	-56.91M	-65.76M	-22.94M
Financing Cash Flow	-295.89M	-209.22M	-13.60M	-122.63M	-23.02M	-163.19M

Yeti Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 49.60
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For YETI, the sentiment is Positive. The current price of 49.6 is above the 20-day moving average (MA) of 45.55, above the 50-day MA of 41.53, and above the 200-day MA of 34.97, indicating a bullish trend. The MACD of 1.98 indicates Negative momentum. The RSI at 75.62 is Negative, neither overbought nor oversold. The STOCH value of 85.22 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for YETI.

Yeti Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
YETI	78 Outperform	$3.84B	25.81	21.77%	―	1.56%	-17.21%
GOLF	70 Outperform	$5.12B	23.86	25.91%	1.15%	4.20%	24.12%
OSW	70 Outperform	$2.27B	31.38	13.53%	0.79%	7.27%	45.12%
MODG	62 Neutral	$2.53B	-1.73	-46.95%	―	-3.58%	-12720.97%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
JOUT	60 Neutral	$453.39M	-13.14	-7.78%	3.22%	-0.07%	-31.45%
PRKS	53 Neutral	$2.04B	11.46	―	―	-3.27%	-17.93%