27.85 +0.24 (0.89%)
After hours: 4:26PM EDT
|Bid||27.62 x 900|
|Ask||27.75 x 800|
|Day's Range||27.23 - 28.44|
|52 Week Range||12.40 - 36.60|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||36.81|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||36.64|
(Bloomberg) -- While many investors on Tuesday were focused on the U.S. trade war with China and hopes for monetary stimulus, Yeti Holdings Inc. drew praise for new additions to its array of outdoor and recreational products.Analysts at Robert W. Baird reiterated their outperform rating on the stock after Yeti announced a next-generation soft cooler, stackable coffee mug, lunch box and dog bed. The company also said it would introduce three new seasonal colors -- river green, peak purple and clay -- across its portfolio.“We are encouraged by the pace of product innovation at YETI, which serves to expand the brand’s addressable market opportunity,” Baird analyst Peter Benedict wrote in a note to clients.Yeti rose as much as 5.3% Tuesday and has gained 56% since going public in October last year. The stock has 10 buy ratings, two holds and no sells. The average analyst price target implies 30% upside from the current price.To contact the reporter on this story: Derek Hall in Chicago at firstname.lastname@example.orgTo contact the editors responsible for this story: Catherine Larkin at email@example.com, Scott SchnipperFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Shares of Yeti Holdings Inc. rose 4.5% in Tuesday trading after the company's chief executive presented new products to the audience at the Jefferies Consumer Conference. Among the items was the Rambler Jr., a 12-ounce bottle, an $80 lunch box and a dog bed, which launched today for $300. The products will be available around September 1 with a strategy to build up as the holidays approach. Yeti stock has soared 88.1% in 2019 to date, far outpacing the S&P 500 index , which is up 16.4% for the period.
Analyst Peter Benedict said in a Sunday note that Baird estimates a 25-percent tariff on drinkware would increase Yeti’s annual product costs by roughly $40 million, but the company has been working on List-4 tariff mitigation strategies since last fall.
On Monday morning around 9:32 a.m., Benzinga Pro subscribers were alerted to a sale of 2,210 Yeti call options at a $30 strike price that expire on July 19. The calls were sold at the bid price of 57.8 cents and represent a $129,727 bearish bet that Yeti shares will still be trading below $30 roughly one month from now. Due to the relative complexity of the options market, options traders are generally seen as more sophisticated than the typical stock trader.
During the Lightning Round of Mad Money Tuesday night, Jim Cramer was asked about Yeti Holdings Inc. : "I like Yeti very much," said Cramer. In this daily bar chart of YETI, below, we only have price activity from late October.
On CNBC's "Mad Money Lightning Round," Jim Cramer said he likes Yeti Holdings Inc (NYSE: YETI ) very much. He believes the stock is undervalued and he sees it as a long-time hold. Daktronics, ...
Austin has had a Yeti Coolers store for a while. The high-end consumer goods company hopes to replicate some of that magic with a new location in Charleston, South Carolina.
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YETI Holdings, Inc. today announced that the Company will be participating in three conferences during June 2019 – the William Blair 39th Annual Growth Stock Conference in Chicago, IL on June 5; the Baird 2019 Global Consumer, Technology & Services Conference in New York City, NY on June 6; and the Jefferies 2019 Consumer Conference in Nantucket, MA on June 18.
YETI Holdings, Inc. (YETI), a leading premium outdoor brand, today announced its anticipated Charleston, S.C. retail location will open to the public on Friday, June 14. The new store will be situated in the historic district of downtown Charleston at 360 King Street. “Charleston’s passionate outdoor, fishing, and culinary communities make it an ideal city for our latest store,” said Matt Reintjes, President & CEO at YETI.
Welcome to the latest episode of the Full-Court Finance podcast from Zacks Investment Research where Associate Stock Strategist Ben Rains breaks down Beyond Meat, Inc. (BYND) and its recent IPO that has seen it destroy Uber (UBER) and Lyft (LYFT).
In addition, the underwriters have been granted a 30-day option to purchase up to 1,425,000 additional shares of common stock from the selling stockholders at the public offering price, less underwriting discounts and commissions. YETI will not receive any proceeds from the sale of shares in the Offering. BofA Merrill Lynch, Jefferies, and Morgan Stanley are acting as lead book-running managers and as representatives of the underwriters for the Offering.