Summary:
- Yeti (YETI, Financial) is set to release its first-quarter earnings report on May 8th, with analysts predicting a 20.6% decrease in EPS year-over-year.
- The revenue is expected to witness a slight increase, with a year-over-year growth of 1.8%.
- Analysts maintain an "Outperform" recommendation for YETI, with a substantial potential upside based on current price targets.
Yeti (YETI) has scheduled its first-quarter earnings announcement for May 8th, before the market opens. Analysts are expecting the company's earnings per share (EPS) to decline by 20.6% year-over-year to $0.27. Despite this drop in EPS, revenue is projected to show a modest increase of 1.8%, reaching an estimated $347.52 million. It is noteworthy that recent earnings revisions have been trending downward.
Wall Street Analysts Forecast
Wall Street analysts have provided one-year price targets for YETI Holdings Inc (YETI, Financial), with an average target price of $37.06. This figure represents a 33.34% potential upside from the current trading price of $27.80. The range of price estimates extends from a high of $53.00 to a low of $29.00. Investors can access more detailed forecast data on the YETI Holdings Inc (YETI) Forecast page.
The consensus recommendation from 17 brokerage firms positions YETI Holdings Inc (YETI, Financial) at an average brokerage recommendation of 2.4, which indicates an "Outperform" rating. The rating scale utilized spans from 1, signaling a Strong Buy, to 5, indicating a Sell.
According to GuruFocus estimates, the GF Value for YETI Holdings Inc (YETI, Financial) is projected to reach $51.27 within a year. This estimation suggests an impressive upside of 84.46% from the current price of $27.795. The GF Value is calculated by considering historical trading multiples, past business growth, and future performance predictions. Investors can review further detailed data on the YETI Holdings Inc (YETI) Summary page.
