Key Details
Price
$39.39Annual Revenue
$1.66 BAnnual EPS
$1.94Annual ROE
27.18%Beta
1.21Events Calendar
Next earnings date:
Feb 14, 2025Recent quarterly earnings:
Nov 07, 2024Recent annual earnings:
Feb 15, 2024Next ex-dividend date:
N/ARecent ex-dividend date:
N/ANext split:
N/ARecent split:
N/AAnalyst ratings
Recent major analysts updates
Market Data
Dividend
Profitability
Efficiency
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Institutional Ownership
YETI Holdings has a durable competitive advantage in both online and brick-and-mortar channels, driving international growth and high-quality earnings. The company's DTC channel has seen a 40% CAGR over 10 years, with international sales now 18% of revenue as the company gains market share. YETI's financial performance shows robust growth, with significant increases in sales and margins, supported by effective cash flow management and strategic debt repayment.
YETI Holdings, Inc. is an iconic premium brand with solid fundamentals, presenting a value opportunity for double-digit returns over the next few years. Recent earnings beat, with strong growth in sales and margins, supported by strategic collaborations and a robust holiday season outlook. YETI's valuation metrics indicate significant discounting, with high gross margins and a strong share buyback program enhancing shareholder value.
Despite a 24% YTD decline, I remain bullish on YETI Holdings due to its strong product portfolio, international growth, and undervaluation. YETI reported a 10% revenue increase in Q3 2024, driven by new product launches and strong international sales growth. The company is reducing its dependence on China, with plans to have 50% of drinkware production outside China by 2025.
Investors looking for stocks in the Leisure and Recreation Products sector might want to consider either Yeti (YETI) or Pool Corp. (POOL). But which of these two stocks is more attractive to value investors?
The latest earnings for the maker of high-end coolers and water bottles were a bright spot in a tough year.
Yeti (YETI) came out with quarterly earnings of $0.71 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.60 per share a year ago.
YETI Holdings, Inc. (NYSE:YETI ) Q3 2024 Earnings Conference Call November 7, 2024 8:00 AM ET Company Participants Maria Lycouris - IR Matt Reintjes - President and CEO Mike McMullen - CFO Conference Call Participants Peter Benedict - Baird Alexia Morgan - Piper Sandler Randy Konik - Jefferies LLC Philip Blee - William Blair Peter McGoldrick - Stifle Savannah Sommer - Goldman Sachs Operator Good morning, ladies and gentlemen. And welcome to the YETI Holdings Third Quarter 2024 Earnings Conference Call [Operator Instructions].
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?
YETI's ability to adapt to shifting market demands and strategic brand-building efforts bode well. However, macroeconomic challenges remain.
I am upgrading YETI to a buy rating, as the stock is now trading at a cheap ~13x forward P/E multiple on raised FY25 estimates. The company boosted its FY24 guidance expectations owing to strong execution in Q2, particularly in the cooler category. Despite competitive risks, YETI's strategic investments in infrastructure and international markets position it well for future growth.
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