Get started
YETI Holdings, Inc.YETI Holdings, Inc.YETI Holdings, Inc.

YETI Holdings, Inc.

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals

YETI trade ideas

$42.00 Entry, Technical AnalysisYeti just had a nice rally, breaking out of a long term price channel. RSI & Momentum are hot right now, this week looks like it will be a reversion. I'm looking at 2 supports right now, one the former resistance, and another formed on the rally. Sub $42.00 entry seems possible this coming week, perhaps next week. Based off Fibonacci levels, and some intersections, $41.29 looks to be the low. Sold some shares at $ 45.00 and looking to re-enter around $ 42.00
NYSE:YETILong
by NickTBrewer
Price consolidation with earnings ahead, great fundamentals!Over the last five years, the company has experienced rising revenues, though growth began to decelerate in FY 2022. Quarterly revenue data from 2023 and 2024 indicates that FY 2024 will achieve at least a 10% year-over-year revenue increase. YETI's revenue is typically seasonal, peaking during the holiday season. FY 2023 revenues were impacted by a voluntary product recall, which was completed before FY 2024 began. Currently, YETI is trading at over one standard deviation below its two-year average P/E ratio, at approximately a 16% discount from historical averages, with an implied stock value in the range of $43.06 to $49.05 per share. The company is largely equity-funded and has a $300 million credit line based on SOFR. As of Q2 2024, it pays 7.3% on $80 million of debt, and its cash-to-debt ratio is greater than one, indicating no need for additional capital to cover all debt obligations. Since August 2022, insider purchases have far exceeded insider sales, with 468,637 shares acquired at an average cost basis of $39.24 per share. The current stock price is below this cost basis, highlighting the stock's discount. The significant volume of insider buying relative to sales further underscores this discount. Additionally, YETI is authorized to repurchase $300 million in stock in FY 2024. Four hedge funds hold substantial positions in YETI, with each either adding to or establishing new positions in 2024. Their cost basis for these holdings ranges from $38.58 to $42.49. I recommend a BUY rating for YETI, with a target price of $46.89. The current stock price is trading below all analyst recommendations and below the average hedge fund cost basis, making it an attractive value buy. This post was rephrased with chatGPT, but is my work. All data is supported by research with a different software.
NYSE:YETILong
by NickTBrewer
1
11/6/24 - $yeti - i'm a buyer into print. good value at ~10% fcf11/6/24 :: VROCKSTAR :: NYSE:YETI i'm a buyer into print. good value at ~10% fcf yield - keeping it simple - tariffs matter for a number of consumer names on trump win - "okay". but you see NASDAQ:MCFT 's results? boats and beers are strong, consumer spending, yeti demo has more $ than the five below bros (no disrespect, i love the candy selection there) - but anyway 10% fcf yield and good stock comp control PLUS big short interest in this has me taking a LT position here - let's see what results bring and we react accordingly - but i like the R/R here while the mkt is probably working thru some more flows-related hedges, baskets for hedgies etc. etc. - what do u think? - oh. long NYSE:ELF too... but that's a diff story and i'm not gonna write it up. and while i'm at it, took a small bite of NASDAQ:CROX even tho i'd still like to see it lower. V
NYSE:YETILong
by VROCKSTAR
3
YETI (NYSE:YETI) Soars 11.58% As it Exceeds Q1 ExpectationsYETI (NYSE: NYSE:YETI ) reported better-than-expected Q1 CY2024 results, with revenue up 12.7% YoY to $341.4 million. The company made a non-GAAP profit of $0.34 per share, improving from its $0.18 per share in the same quarter last year. YETI's Q1 CY2024 highlights included a balanced, double-digit growth across both wholesale and direct-to-consumer channels, as well as Drinkware and Coolers & Equipment categories. The international sales mix reached a record 19%, and domestic growth re-accelerated. Profitability continued to show strength with both adjusted gross margin and adjusted operating margin expanding nearly 450 basis points during the period. YETI specializes in durable outdoor goods, including coolers, drinkware, and other gear tailored to adventure enthusiasts. Its long-term performance can give signals about business quality, but its recent history shows the business has slowed as its annualized revenue growth of 7.9% over the last two years is below its five-year trend. This quarter, YETI reported robust year-on-year revenue growth of 12.7%, and its $341.4 million of revenue exceeded Wall Street's estimates by 2.4%. Looking ahead, Wall Street expects sales to grow 8% over the next 12 months, a deceleration from this quarter. YETI's free cash flow margin has averaged 8.4% over the last two years, subpar for a consumer discretionary business. In Q1, YETI burned through $114.3 million of cash, equivalent to a negative 33.5% margin, reducing its cash burn by 101% YoY. Analysts predict that YETI's cash profitability will fall over the next year, with their consensus estimates implying its LTM free cash flow margin of 10.5% will decrease to 7.9%. Technical Outlook NYSE:YETI stock is up 11% on Thursday's Market trading forming an Upside-gap due to the earnings result with a Relative Strength Index (RSI) of 60 which is slightly overbought.
NYSE:YETILong
by DEXWireNews
5/8/24 - $yeti - would LOVE a dip on this fundamental buy5/8/24 - vrockstar - this is one i've long loved and wanted to size up in the right situation. the last print was a disaster, but probably not considering the consumer environment. the current px is defn already taking this into account. at 14x PE, net cash, high single digit FCF yields... objectively this is an OBVIOUS buy in a 9-12 mo context (even year-end target IMO). I'm staying cautious, however, b/c this tape is absolutely ruthless and any indication that mgmt decides to water down the outlook, or imply that consumers are shopping less for this (let's be honest) pricey stuff... will re-rate us a bit lower. I'm targeting a 12x PE on 2.5$ of EPS which puts you near $30. anything below that is a pretty obvious buy and you've effectively filled the gap from late '22 (*check*) and don't have any more technical nonsense to beware. therefore hoping for a dip buy. I'd even be buying a relatively shallow dip... stock defn setting up for the worst. my guess is that it's a good print - unfortunately it's hard enough to own those, nevermind a consumer name selling expensive merch if something is communicated poorly. stay nimble my friends on this, don't miss a dip buy if presents itself.
NYSE:YETI
by VROCKSTAR
YETI Stock Chart Fibonacci Analysis 020824 Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 45/61.80% Chart time frame : C A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress : A A) Keep rising over 61.80% resistance B) 61.80% resistance C) Hit the bottom D) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provide these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
NYSE:YETI
by fibonacci6180
1
YETI Stock Chart Fibonacci Analysis 011624Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 45/61.80% Chart time frame : C A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress : A A) Keep rising over 61.80% resistance B) 61.80% resistance C) Hit the bottom D) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provide these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
NYSE:YETI
by fibonacci6180
$YETI Power Earnings Gap & ConsolidationLooks to me that NYSE:YETI may be ready to make a move higher if the market rebounds. So far today it is shaping up to be an inside day (the day’s not over). This may take a few days or weeks to develop so maybe something for your watchlist. If it does not drop below and stay below the range established after earnings, I will look for a good long entry. If it drops and stays the idea is invalidated. Ideas, not investing / trading advice. Comments always welcome. Thanks for looking.
NYSE:YETILong
by jaxdog
2
WATCH $YETIBullish Fundamental - High inflationary Macro environment / no fear sentiment - Decent Accumulation/Distribution - Decent PE - Decent PEG - Negative P/FCF - Decent Sector / Industry / Leader Technical - Momentum Theory Indicator - bottomed / waiting for breakout - Price action formation ( falling channel ) - Break Trend line - Below 200MA - POC support - ST not ok - No bullish Candlestick pattern / formation Entry idea - For members Stop loss depending on entry and risk appetite. But always set meaningful stops. "“When you really believe that trading is simply a probability game, concepts like right or wrong or win or lose no longer have the same significance.” Cheers and happy trading!
NYSE:YETILong
by nexxtrade
YETI Long & Short, timing is everything.YETI Short Term View: Long Descending wedge still has room to develop. Watching for a breakout to the upside and targeting $92 area. Stock has sold off 30% from the top and if it continues its downtrend to the bottom channel it will be -35%. A rebound is likely with upcoming earnings unless the overall market goes into full crisis mode. Long Term View: Short Assuming this bounces from oversold levels, I am looking to initiate a short position due to overall market and a lot of other names already crashing (ZM, OSTK, PTON, etc, etc.) Along with what i see to be earnings deceleration on a lot of companies after the stimulus dried up, no unemployment, inflation pressures, interest rates, fed tapering, etc.
NYSE:YETIShort
by SheepWoolos