|Bid||0.00 x 1000|
|Ask||35.85 x 1000|
|Day's Range||30.19 - 32.16|
|52 Week Range||22.35 - 38.61|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||54.98|
|Earnings Date||Feb 12, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||40.54|
If you are looking for a fast-growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider YETI Holdings (YETI).
Choice Hotels' (CHH) fourth-quarter 2019 results gain from solid progress in flagship Comfort brand and rapid growth in upscale Cambria brand across the country.
Shares of Yeti Holdings Inc. sank 3.3% in premarket trading Tuesday, after the drinkware and coolers maker announced a public offering of 15 million shares of common stock. All of the shares being offered are from selling stockholders, so Yeti will not receive any proceeds. With 86.8 million shares outstanding as of Feb. 7, the offering could represent 17% of the shares outstanding. If the underwriters exercise all the options to buy additional shares, Yeti could sell 17.25 million shares, representing 20% of the shares outstanding. BofA Securities is acting as the sole underwriter of the offering. Yeti's stock has rallied 11.7% over the past three months through Friday, while the S&P 500 has gained 8.3%.
YETI Holdings, Inc. ("YETI") (NYSE: YETI) announced today the commencement of an underwritten public offering (the "Offering") of 15,000,000 shares of YETI’s common stock by certain of its stockholders. In connection with the Offering, the selling stockholders intend to grant to the underwriter a 30-day option to purchase up to an additional 2,250,000 shares of YETI’s common stock. YETI is not offering any shares of its common stock in the Offering and will not receive any proceeds from the sale of shares in the Offering.
Friday marked a quiet day for the indices, but a loud day for earnings. That said, let's look at a few top stock trades as we head into the long holiday weekend. Top Stock Trades for Tuesday No. 1: Roku (ROKU) Click to Enlarge Source: Chart courtesy of StockCharts.comMan, did the trade in Roku (NASDAQ:ROKU) work out well or what? After better-than-expected earnings, Roku shares gapped up into $150 resistance and have since sold off. The stock has given up all of its post-earnings gains, and then some.As it declines now, it's running into the backside of prior downtrend resistance (blue line). If it holds, look for an eventual rebound back up to $150 -- although Friday's action is quite discouraging for the bulls.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBelow prior downtrend resistance puts the $117 to $122 area on watch, and if we get a dip into that zone, it may be an opportunity. Overall, this was a quality earnings report, and full-year guidance was solid. I would be a buyer on a dip to this level, although I acknowledge momentum has not been on Roku's side lately -- and that $100 to $110 could be on the table should this support level give way. Top Stock Trades for Tuesday No. 2: Canopy Growth (CGC) Click to Enlarge Source: Chart courtesy of StockCharts.comBetter-than-expected earnings didn't result in the same price action for Canopy Growth (NYSE:CGC). Instead, shares are rallying more than 15% at the moment, even though the chart looks rather "blah."However, don't let Friday's modest-looking candle fool you. CGC stock avoided breaking below critical $17.50 support, while reclaiming its 50-day and 100-day moving averages. Those marks, along with the recent February lows, are now critical support points on the chart. Below them, and $17.50 is back on the table.On the upside, let's see if CGC can again challenge the $25 level. Above puts the declining 200-day moving average on the table. Top Stock Trades for Tuesday No. 3: Virgin Galactic (SPCE) Click to Enlarge Source: Chart courtesy of StockCharts.comI flagged Virgin Galactic (NYSE:SPCE) back in late December when shares were looking to break out over $12. Now hitting $28 on Friday, this one has made a killer move to the upside.I have not wanted to fight this one, simply because these types of big moves are possible. Those who have missed out, but want to try a long in SPCE, may find some luck by waiting for a test-and-hold of the 10-day moving average. That's been support since the January breakout.Below puts short-term uptrend support (blue line) on the table, followed by $20 -- a key breakout mark earlier this month. Above Friday's high, though, and $30-plus is on the table. Top Stock Trades for Tuesday No. 4: Yeti (YETI) Click to Enlarge Source: Chart courtesy of StockCharts.comYeti (NYSE:YETI) stock is down 5% after disappointing earnings, as the breakout earlier this month failed to gain traction. We highlighted this setup, but emphasized that if shares broke below the breakout mark near $37, then traders need to cut ties with it and stop out.Now down to $32.50, that discipline is paying off. Aggressive bulls may consider Yeti stock a buy now. The 100-day moving average is buoying the share price, while uptrend support (blue line) has been in play for months now.A bounce puts the 50-day moving average back on the table, and a move above that puts $36 to $37 resistance on the table. Below the 100-day moving average and uptrend support, however, and the 200-day moving average is possible.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long ROKU. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Exciting Stocks to Buy for Aggressive Investors * 20 Stocks to Buy From the Law of Accelerating Returns * 7 U.S. Stocks to Buy on Coronavirus Weakness The post 4 Top Stock Trades for Tuesday:Â ROKU, CGC, SPCE, YETI appeared first on InvestorPlace.
Heavily-shorted stocks are supposed to be the domain of smart money. But it doesn't always work out that way for those investors. And right now I'm willing to give those pros the benefit of the doubt on one of their bearish bets and two names which have me thinking of the movie Dumb & Dumber. Let me explain.The market seemingly just won't go down. Not that there aren't more than a few professionals quietly betting against it, in heavily-shorted stocks or vis-a-vis obfuscated options strategies that are much more difficult to track. But that doesn't make these investors right. Actually, far from it.Bottom line, the trend is your friend. And right now the broader trend is still bullish despite the market even having to endure end-of-days style threats from the coronavirus virus the past couple weeks. I'm personally amazed at this resilience. However, I'm also unwilling to simply bet against it as some are doing.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Exciting Stocks to Buy for Aggressive Investors Having said that, let's look at one smart money shorted stock opportunity where the trend is in fact working and two instances where those investors look a bit more like Lloyd Christmas and Harry Dunne. Shorted Stocks: Kohl's (KSS) Source: Charts by TradingViewBrick-and-mortar department store chain Kohl's (NYSE:KSS) is our first shorted stock. And here, we have to agree with the outfit's resident bear population of nearly 15%. Not only did last April's 'package return' partnership with retail and tech giant Amazon (NASDAQ:AMZN) mark a key high in shares and fail to bring in paying customers, this heavily-shorted name has now announced a necessitated restructuring due to its ailing ways.For today's bearish traders, there's more to the story. The price chart in KSS stock continues to paint a grim picture for bulls that's ripe for shorting. As the provided weekly chart shows, it's been a profitable ride for bears in this shorted stock since the Amazon deal established an irregular, i.e. high right, shoulder.Now a bearish weekly cup-with-handle developed off last year's low and a subsequent 'return move' which aggressively turned Kohl's shares back towards those lows, is setting up. As much, it's time to join the smart money in KSS stock.KSS Stock Strategy: I'd recommend gaining bearish exposure in this shorted stock beneath the handle low of $42.50. The pattern entry also requires the consolidation's high of $46.47 from last week remains intact. Failing that, all bets are off the table. And it nearly goes without saying, if a short is elected, a later-dated failure of the handle would be a strong reason to exit the position. YETI Holdings (YETI) Source: Charts by TradingViewYeti (NYSE:YETI) is the next shorted stock to catch our eye. Here though, my view is that YETI stock's 50%-plus short interest are being 'dumb,' and this high-end cooler upstart and cooler-than-cool hip brand should be on the radar for buying.Technically, the recent IPO has put together a very durable technical consolidation that has combined two bases over the course of nine-plus months. But some might point out this is the result of a failed cup breakout, and further, last week's attempt to rally above the second corrective base didn't work out either. But there are reasons to believe the third time will prove the charm for bulls.Following this week's solid earnings beat and despite trading lower, YETI stock has nevertheless maintained its technical composure by establishing a weekly doji. What's more, the 'decision' candlestick has formed a new pivot low within the combined base's bullishly-trending series of higher lows. All told, there's solid technical evidence hinting that this shorted stock's bears are about to be put on ice! * 7 Exciting Stocks to Buy for Aggressive Investors YETI Stock Strategy: Buy YETI stock above $36.73. This entry confirms the decision candlestick as a bullish pattern. It also has the added advantage of clearing the first base's original breakout attempt. Use the candlestick low, if required, as a very real reason to abort while containing risk to a reasonable level. Tesla (TSLA) Source: Charts by TradingViewTesla (NASDAQ:TSLA) is the last of our shorted stocks. The EV manufacturer is also another buy candidate where the bears could be acting even 'dumber.' Short interest on a percentage basis isn't outrageously high in Tesla. But due to the company's $145 billion market cap, in dollar terms it is the largest short in the market at the moment.Technically, shares of Tesla broke out of a triangle consolidation on Thursday. It bodes well for bulls, as the formation has the advantage of being a continuation pattern. And as everyone knows, except maybe Ralph Nader, this shorted stock has been on a tear and delivering massive profits to bullish investors.Now and following news of a secondary priced at $767 and shares holding the pattern breakout above $800, there's strong evidence off and on the price chart that bullish investors remain in the driver's seat.TSLA Stock Strategy: With shares near $804, this shorted stock is in position for buying. I'd personally recommend the use of a slightly out-of-the-money bull call spread to limit and reduce risk while leveraging one's upside profit potential. Either way, I'd also recommend using $755 for closing the long if needed. That does a good job of minimizing exposure even more. And as the price pattern suggests, that's enough leeway on the Tesla chart as well.Investment accounts under Christopher Tyler's management do not currently own positions in securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. For additional market insights and related musings, follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Exciting Stocks to Buy for Aggressive Investors * 20 Stocks to Buy From the Law of Accelerating Returns * 7 U.S. Stocks to Buy on Coronavirus Weakness The post 3 Heavily Shorted Stocks to Turn a Profit On appeared first on InvestorPlace.
Shares of YETI Holdings Inc. rallied 2.1% in premarket trading Thursday, after the drinkware and coolers maker reported fourth-quarter profit and sales that rose above expectations and provided an upbeat full-year outlook. Net income fell to $4.7 million, or 5 cents a share, from $25.2 million, or 30 cents a share, in the year-ago period. Excluding non-recurring items, such as stock-based compensation expenses, adjusted earnings per share rose to 48 cents from 38 cents, above the FactSet consensus of 43 cents. Sales grew 23% to $297.6 million, beating the FactSet consensus of $279.5 million, as drinkware sales increased 34% to $192.0 million top top expectations of $170.9 million and as coolers and equipment sales rose 12% to $102.3 million to top expectations of $101.4 million. For 2020, the company expects adjusted EPS of $1.34 to $1.39, surrounding expectations of $1.36, and expects sales to grow 13.0% to 15.0%, while the FactSet consensus of $1.01 billion implies 10.7% growth. The stock has hiked up 11.5% over the past three months through Wednesday, while the S&P 500 has gained 9.2%.
YETI Holdings, Inc. ("YETI") (NYSE: YETI) today announced its financial results for the fourth quarter and fiscal year ended December 28, 2019.
YETI Holdings (YETI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
YETI Holdings (YETI) is likely to post solid fourth-quarter 2019 results on the back of strong strategic initiatives and higher demand across all channels.
Investments in growth and operational efficiency are likely to have translated into year-over-year growth in Enterprise and Global Accounts business units for CenturyLink (CTL) in the fourth quarter.
Mid-cap stocks aren't exactly spotlight hogs.Many investors buy into large companies because they tends to be more stable, plus information and media coverage are more readily available. Investors also know to buy small-cap stocks if they want to make aggressive growth investments to boost their long-term returns. But mid-caps - typically, stocks between $2 billion and $10 billion in market value - tend to get lost in the mix.That's unfortunate, because over the long haul, they tend to outperform their larger and smaller brethren.Between 2015 and 2019, the S&P; 500 outperformed both the S&P; MidCap 400 and the S&P; SmallCap 600 on a total-return basis (price plus dividends). In the 10 years from 2010 and 2019, small caps flipped the script, outperforming the large- and mid-cap indices. But across the entire span, from 2005 to 2019, the MidCap 400 delivered a total return of 293% - 14 percentage points higher than the SmallCap 600, and 33 percentage points better than the S&P; 500\. Experts point out that outperformance looks even better once you adjust for risk."Large-cap stocks offer the stability that comes with mature multinational businesses with diverse revenue sources," Matthew Bartolini, head of SPDR Americas Research, writes in a 2019 note to clients. "Small-cap stocks are unproven, but they offer potential for further expansion and market penetration. And midcaps offer a unique combination of the managerial maturity associated with large caps and the operational dexterity of small caps."With this in mind, here are 15 of the best mid-cap stocks to buy to give you upside growth potential in stronger economies, along with some downside protection when the market environment looks weaker. SEE ALSO: The 20 Best Stocks to Buy for 2020
One of the surprising hits of 2019 has to be outdoor sporting-equipment manufacturer Yeti (NYSE:YETI). Famous for its coolers that can withstand the rough-and-tumble lifestyle of the true outdoorsman, YETI stock soared shortly after its initial public offering in late 2018. Ahead of a critical fourth quarter of 2019 earnings report - scheduled for release on Feb. 13 - can the company sustain its incredible momentum?Source: David Tonelson / Shutterstock.com On one hand, you wouldn't intuitively expect YETI stock to do so well. We live in the era of Apple (NASDAQ:AAPL), Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) and Netflix (NASDAQ:NFLX). Though people still go out and do stuff, we have so many entertainment options at home that many of us don't bother leaving.Yet outdoor pursuits have never gone out of style, despite impressions that it has. For instance, data from the U.S. Fish and Wildlife Service indicates that the number of paid fishing license holders has remained largely stable for the last 20 years.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn 2000, 29.6 million Americans paid for their fishing licenses. By the end of 2019, this figure crept up slightly to 29.65 million people. Granted, this is not huge growth by any means. Moreover, we did see some deceleration throughout the 2000s, presumably because of pre-2008 economic growth providing other entertainment options. * 7 Utility Stocks to Buy That Offer Juicy Dividends But the good news for YETI stock is that since 2014, more Americans have taken an interest in fishing. And if these folks are willing to brave the sometimes rough conditions for this outdoor sport, it's fair to assume that they'll enjoy similar rugged adventures.Further, because these people actually use their equipment, their endorsement of the Yeti brand means something. But is it enough to convince investors on YETI stock? A Fork in the Road for YETI StockGenerally, optimism is strong for the sporting-equipment manufacturer. However, I think YETI stock is at a crossroads ahead of its Q4 report. Keep in mind that its 2019 surge wasn't consistent. In the first half of last year, shares nearly doubled in value. In the second half, Yeti only gained about 17%.To convince prospective buyers to take a shot, management has to convince them that its present valuation is justified. Obviously, a strong beat would help the discussion move in the right direction.Consensus estimate for earnings per share stands at 43 cents per share. Not surprisingly, this is near the upper range of individual forecasts, from 41 cents to 44 cents. In the year-ago quarter, Yeti delivered EPS of 38 cents against a consensus target of 35 cents.On the revenue front, covering analysts expect $279.5 million. Individual estimates range between $276.3 million to $283.5 million. In Q4 2018, the company rang up top-line sales of $241.2 million.Given the recent uptick in growth trends, I don't think it's unreasonable to assume that Yeti will provide another beat. Since becoming a publicly traded company, it has always beat per-share profitability expectations.But as I mentioned earlier, the bigger question is the sustainability of momentum in YETI stock. For that, I'm curious about the underlying company's days inventory. Yeti should have a viable addressable market. So, it's concerning that inventory has generally piled up over the last several quarters.A competitor in the space, Newell Brands (NASDAQ:NWL), owns popular sporting brands such as Contigo and Coleman. Though its not a 100% fair comparison, Newell's days inventory sits far lower than Yeti's. Investors will want to see this metric move lower to have confidence in YETI stock. Too Much PressureFrom a product point-of-view, I like Yeti's rugged sporting products. Many outdoor activities, such as hiking, biking, running, and fishing, have captured more participants in the U.S. That's a score for the company but not necessarily for YETI stock.It might sound like a contradiction, but I understand what Wall Street is thinking here. Though the outdoorsman market is robust, there's not much room for differentiation. In other words, a competitor could come in and make strong, high-quality coolers: it's not rocket science.Plus, investors don't like the outdoors market and the sporting industry overall. With many past bankruptcies in this arena, it just doesn't have credibility. And that's why, according to StockRover.com, YETI stock has a 58.4% short percentage of float.My take? Keep your emotions out of this name ahead of Q4. While Yeti has great products, it doesn't necessarily mean it's a good investment right now.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Utility Stocks to Buy That Offer Juicy Dividends * 10 Gold and Silver Stocks to Profit Off 2020's Fear Trade * 3 Top Companies That Should Be More Careful With Your Data The post Steer Clear of YETI Stock Ahead of Q4 appeared first on InvestorPlace.
Investment in mid-cap stocks is recognized as a good portfolio diversification strategy. These stocks combine attractive attributes of both small and large-cap stocks.
Despite effective channel inventory management, healthy product line-up, app monetization strategy and growing subscriber base, GoPro (GPRO) misses fourth-quarter earnings estimates.
Yeti (YETI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Yeti (YETI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
YETI Holdings, Inc. ("YETI") (NYSE: YETI) today announced its Board of Directors has appointed gaming and interactive entertainment executive Frank Gibeau as an independent director, effective January 30, 2020. Following the announcement, YETI’s board consists of nine members with significant experience across multiple business sectors, including eCommerce, retail, consumer products, financial, and product development.
After a tough Friday, U.S. equities rebounded on Monday. That said, let's look at a few top stock trades for Tuesday. Top Stock Trades for Tomorrow No. 1: Amazon (AMZN) Click to Enlarge Source: Chart courtesy of StockCharts.comAmazon (NASDAQ:AMZN) posted solid gains on Friday in the face of a market-wide correction. The move came on earnings, but has yet to approach the after-hours gains north of $2,100. For now, AMZN has a high of roughly $2,055, as it flirts with a big-time breakout.Included here is a weekly chart of Amazon, as shares hover near the $2,025 area, a zone of long-time resistance. If AMZN can rally over $2,055 and above $2,100, it may do more than take out its after-hours high of $2,133. It may embark on a breakout over the ensuing months and quarters.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Large-Cap Stocks to Buy For Insulation From Volatility If it can't breakout, look to see if it can maintain above $2,000. Below puts a pullback in the cards, possibly down to the 50-week moving average and uptrend support (blue line). That is, if the 10-week moving average doesn't support the stock on its pullback. Top Stock Trades for Tomorrow No. 2: Roku (ROKU) Click to Enlarge Source: Chart courtesy of StockCharts.comOn Friday, Roku (NASDAQ:ROKU) slipped on reports that its dispute with Fox (NASDAQ:FOXA, NASDAQ:FOX) may be an issue ahead of the Super Bowl. Ultimately, the issue was resolved and Roku rallied almost 7% on Monday as a result.Still, Roku has not been rallying like most of its growth-stock peers over the past few months. Once $127.50 broke on Friday, readers should have been on watch for a drop down to the $120 area, which is exactly what they got on Friday.Below $120, and $105 to $100 may be on the table. However, as long as it holds, Roku may be okay. Over $130 puts it over downtrend resistance (purple line) and the 20-day moving average, and puts the declining 50-day moving average on the table. Top Stock Trades for Tomorrow No. 3: Yeti (YETI) Click to Enlarge Source: Chart courtesy of StockCharts.comBulls have to be impressed with the way Yeti (NYSE:YETI) stock continues to hold up. Over the past few sessions, volatility has been climbing and equities have been under pressure -- but not Yeti.Shares continue to hold up well around that breakout mark between $36 and $37. On a close below $36, short-term bulls may consider stopping out and looking for a pullback into support. That comes into play near uptrend support (blue line) and the 200-day moving average, provided the 50-day moving average doesn't hold up. * 3 Nasdaq Earnings Misses to Short Today However, over $36 and bulls may very well keep with the long trade. Over $37.61 -- the recent high -- and Yeti shares can break out, with $40 in sight. Top Stock Trades for Tomorrow No. 4: Zoom Video (ZM) Click to Enlarge Source: Chart courtesy of StockCharts.comDid you miss Zoom Video (NASDAQ:ZM)? This stock has been on fire, rallying 14% at one point on Monday.The stock broke out over downtrend resistance (purple line) to start the year, but gave investors an opportunity last week when it pulled back into uptrend support (blue line).With shares erupting higher, let's see if prior support at $90 acts as resistance or if it's reclaimed and acts as support. On a pullback, see if the just-established 200-day moving average near $80 acts as support. Below puts the 50-day moving average and uptrend support back on the table.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long ROKU and AMZN. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Large-Cap Stocks to Buy For Insulation From Volatility * 7 Underappreciated Foreign Dividend Stocks to Buy Now * 6 Retail Stocks to Buy On The Back of Pier 1 Shutterings The post 4 Top Stock Trades for Tuesday: AMZN, ROKU, YETI, ZM appeared first on InvestorPlace.