The upcoming report from Yeti (YETI) is expected to reveal quarterly earnings of $0.67 per share, indicating an increase of 11.7% compared to the year-ago period. Analysts forecast revenues of $473.48 million, representing an increase of 9.2% year over year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Prior to a company's earnings release, ...

Investors looking for stocks in the Leisure and Recreation Products sector might want to consider either Yeti (YETI) or Sportradar Group AG (SRAD) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank puts an emphasis on earni ...

Investors with an interest in Leisure and Recreation Products stocks have likely encountered both Yeti (YETI) and Sportradar Group AG (SRAD) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank puts an emphasis on earnings estimat ...

YETI Holdings, Inc. (YETI) is likely to benefit from product innovation, expansion efforts and strategic partnerships. A focus on supply-chain diversification bodes well. However, the macroeconomic environment poses concerns. Factors Driving the YETI Stock Innovation Driving Growth: YETI's continuous focus on innovation has been a catalyst for its success. In the second quarter, the company introduced new cooler products, including the Roadie 15, which has seen strong early demand. YETI's innovative approac ...

Group 1 - The S&P 500 index has shown resilience, achieving nearly a 20% gain for the year despite recent concerns [1] - There is a recommendation to rotate portfolios towards lesser-known value stocks that have experienced declines this year [1] - Gary Alexander, with extensive experience in technology and startups, contributes insights on industry trends and has been active on Seeking Alpha since 2017 [1]

Sucharas wongpeth Investment summary My recommendation for Yeti Holdings (NYSE:YETI) is a hold rating. I commend management's ability to execute on its growth initiatives—innovation and new partnership deals—and these have translated into tangible results in the C&E segment. However, my worry is that demand will be impacted by the overall weak macro backdrop, especially for discretionary products. The revenue y/y growth slowdown in the US segment supports my view. As such, I think the near-term demand is ve ...

Core Viewpoint - YETI Holdings Inc. reported strong earnings, exceeding expectations with an EPS of 70 cents and revenue of $463.50 million, showcasing significant year-over-year growth in both revenue and EPS [1][2]. Financial Performance - Revenue increased by 13% year-over-year, while EPS rose by 37% year-over-year [2]. - The company raised its forward guidance, expecting sales growth of 8% to 10% for the current quarter, up from a previous estimate of 7% to 9% [2]. - Adjusted net income is projected to be between $2.61 and $2.65 per share, higher than the prior guidance of $2.49 to $2.62 [2]. Market Reaction - Following the earnings report, YETI's stock price surged approximately 17% to around $43.50 per share, although it remains down 19% year-to-date [4]. - The stock's price target is set at $46.29, indicating a potential upside of 11.24% from its recent closing price [10]. Consumer Insights - YETI's products are positioned in the discretionary spending category, appealing to consumers with higher disposable incomes, which aligns with the current bifurcated economy [5]. - The company has launched products targeting the back-to-school market and capitalized on seasonal events like camping season and Father's Day [6]. Strategic Partnerships - YETI has entered a licensing agreement with the NFL and partnered with the Dallas Cowboys, enhancing its brand visibility during tailgate season [7]. Competitive Landscape - While YETI has performed well, other premium brands like Lululemon have faced challenges, indicating differing paths for these companies [8]. - YETI's international cooler sales increased by 35%, surpassing U.S. sales growth by 12%, suggesting strong global demand [9]. Valuation Metrics - YETI's forward P/E ratio is around 17x, below the consumer discretionary sector average of 22x, suggesting the stock may be undervalued [11]. - Analysts project earnings growth of around 13%, supporting the argument for a fairly valued stock [10].

Investors interested in stocks from the Leisure and Recreation Products sector have probably already heard of Yeti (YETI) and Sportradar Group AG (SRAD) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates ...

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. However, it isn't easy to find a great growth stock. In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end. However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyon ...

Core Insights - YETI Holdings, Inc. shares are currently trading lower despite an upgrade from BofA Securities analyst Alexander Perry, who raised the price target to $55 from $46 and upgraded the rating to Buy from Neutral [1] Financial Performance - YETI reported adjusted EPS of $0.70, reflecting a 23% year-over-year increase, which surpassed estimates [2] - The company has revised its FY24 adjusted sales growth projection to 8% – 10%, up from the previous range of 7% – 9%, and adjusted EPS guidance to $2.61 – $2.65, compared to the prior estimate of $2.49 – $2.62 [2] Analyst Expectations - The bullish outlook from the analyst is driven by anticipated gains from NFL drinkware, cooler rollouts, a strong third-quarter performance during Amazon Prime Day, new product launches, and solid long-term growth prospects in markets such as Japan, the U.K., and Germany [2] - The FY24 EPS estimate has been raised to $2.65 from $2.60, with expectations that the NFL deal will enhance revenue in 2025 [3] Strategic Initiatives - The analyst has also increased YETI's EPS estimates for 2025-26, highlighting the company's long-term strategy that includes diversification through new product lines such as backpacks and cookware, deeper expansion into European and Asian markets, potential mergers and acquisitions for technology and talent, and share repurchases planned for 2024 [3]