Added to YB: 2024-12-26
Pitch date: 2024-12-23
YETI [neutral]
YETI Holdings, Inc.
+12.13%
current return
Author Info
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Company Info
YETI Holdings, Inc. designs, retails, and distributes outdoor products under the YETI brand name. It offers coolers and equipment, including hard and soft coolers, cargo, bags, outdoor living, and associated accessories; and backpacks, duffel bags, luggage, packing cubes, carryalls, camp chairs, blankets, dog beds, dog bowls, and gear cases under the LoadOut, Panga, Crossroads, Camino, Hondo Base, Trailhead, Lowlands, Boomer, and SideKick Dry brand names.
Market Cap
$3.2B
Pitch Price
$39.31
Price Target
59.00 (+34%)
Dividend
N/A
EV/EBITDA
10.91
P/E
21.41
EV/Sales
1.78
Sector
Leisure Products
Category
growth
Deep Dive into Yeti Holdings, Inc.: Analyzing the Opportunity in this Underfollowed Stock
YETI (wait for 20-30% dip): Premium outdoor brand, 50%+ gross margin, 28.5% ROIC. Growth via int'l expansion (18% non-US rev), product innovation, acquisitions (Mystery Ranch, Butter Pat). Risks: competition, supply chain, US saturation. 18x fwd P/E, 13x EV/EBIT. 50% upside potential, but 8% ann. return. Quality co. slightly overvalued.
Read full article (6 min)