YETI

YETI Holdings Inc

Consumer


Presented:01/16/2024
Price:$45.84
Cap:$3.98B
Current Price:$41.39
Cap:$3.50B

Presented

Date01/16/2024
Price$45.84
Market Cap$3.98B
Ent Value$4.10B
P/E Ratio63.34x
Book Value$7.36
Div Yield0%
Shares O/S86.85M
Ave Daily Vol1,298,844
Short Int18.98%

Current

Price$41.39
Market Cap$3.50B
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.

Publicly traded companies mentioned herein: Yeti Holdings Inc (YETI), Helen of Troy (HELE)

Highlights

The presenter is short shares of Yeti Holdings Inc. (YETI), highlighting the fact that competitors including Stanley 1913 and Hydroflask (HELE) have stepped up marketing along with channel checks that have indicated ongoing sales challenges amidst an increasingly saturated market. With YETI’s stock reaching the low $50s in late December the presenter re-entered a short believing the stock should trade in the low $30s based on slowing growth that should see the company miss earnings estimates this year.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.