Raymond James analyst Joseph Altobello reiterated a Buy rating on Yeti Holdings (NYSE:YETI) on Monday, setting a price target of $77, which is approximately 12.46% above the present share price of $68.47.
Altobello expects Yeti Holdings to post earnings per share (EPS) of $0.59 for the first quarter of 2021.
The current consensus among 8 TipRanks analysts is for a Strong Buy rating of shares in Yeti Holdings, with an average price target of $65.71.
The analysts price targets range from a high of $77 to a low of $52.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $294.6 million and a net profit of $70.11 million. The company's market cap is $5.96 billion.
According to TipRanks.com, Raymond James analyst Joseph Altobello is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 13.8% and a 65.72% success rate.
YETI Holdings , Inc. engages in the design, marketing, and distribution of products for the outdoor and recreation market. Its products include coolers, drinkware, travel bags, backpacks, multipurpose buckets, outdoor chairs, blankets, dog bowls, apparel, and accessories. The company was founded by Roy J. Seiders and Ryan R. Seiders in 2006 and is headquartered in Austin, TX.