Yeti Holdings Stock Fair Value – Exane BNP Paribas Downgrades YETI Holdings Inc from Outperform to Neutral
November 29, 2023
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YETI ($NYSE:YETI) Holdings Inc., a company widely known for its range of innovative and durable lifestyle products, recently received a downgrade in rating from Exane BNP Paribas. Previously rated as an Outperform, YETI Holdings has now been assigned a Neutral rating by the French investment firm. The Knox Daily reported on the downgrade and the resulting decrease in stock price of the company. YETI Holdings Inc. is a publicly-traded company offering an array of lifestyle products such as insulated drinkware, outdoor gear, and camping supplies. With their proprietary products, YETI Holdings has seen significant success in the retail market, achieving annual revenues of over $1 billion.
Exane BNP Paribas’ downgrade of YETI Holdings Inc.’s rating from Outperform to Neutral follows a string of recent setbacks for the company. The downgrade of YETI Holdings Inc.’s rating by Exane BNP Paribas is likely to have a significant impact on the company’s stock price in the near future. Investors who have been holding the stock should consider carefully whether the risks associated with holding the stock outweigh the potential rewards.
Price History
Following the downgrade, YETI HOLDINGS stock opened at $42.3 and closed at $43.0, up by 0.9%. Despite the downgrade, YETI HOLDINGS Inc stock has remained stable and appears to be unaffected by the news. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Yeti Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 1.59k | 63.55 | 4.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Yeti Holdings. More…
| Operations | Investing | Financing |
| 287.88 | -74.76 | -14.35 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Yeti Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.16k | 517.1 | 7.36 |
Key Ratios Snapshot
Some of the financial key ratios for Yeti Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 16.1% | -16.7% | 5.5% |
| FCF Margin | ROE | ROA |
| 13.4% | 8.9% | 4.7% |
Analysis – Yeti Holdings Stock Fair Value
At GoodWhale, we have conducted an in-depth financial analysis of YETI HOLDINGS. Through our proprietary Valuation Line, we have determined that the fair value of a YETI HOLDINGS share is around $67.0. This means that the current stock price for YETI HOLDINGS, which stands at $43.0, is undervalued by 35.8%. This provides a potential buying opportunity for investors in the company. We believe that now is the time to buy YETI HOLDINGS stock as the current price of the shares is significantly lower than their assessed fair value. More…
Peers
In recent years, the competition between YETI Holdings Inc and its competitors has intensified, as each company strives to gain market share in the highly competitive cooler and drinkware industry. While YETI has long been the market leader, its competitors are quickly catching up, offering products that are comparable in quality and price. As the competition heats up, it will be interesting to see which company comes out on top.
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Summary
YETI Holdings Inc recently received a downgrade from Exane BNP Paribas to a Neutral from an Outperform rating. As a result, investors should analyze YETI’s financial performance for further insight. Investors should carefully consider these metrics when deciding whether or not to invest in YETI Holdings Inc.
