Invest in Yeti Holdings Cooler Company in Q4?

YetiHigh-end coolers exist in a niche market with high potential and limited competition. Yeti Holdings Inc. (NYSE: YETI) is a designer and manufacturer of outdoor products, most notably its coolers and drinkware. Yeti’s high-quality coolers are popular for fishing and other sports, as well as for private gatherings, tailgating, and similar events.

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Yeti Holdings has generated impressive sales growth in recent years. Total revenue was up by 21.84% in 2018 and 17.32% in 2019. Last year, gross income increased by 31.02% for a gross margin of 51.38%. The EBITDA margin is also positive at 12.99%. Growth has slowed during the Coronavirus Pandemic but it is still positive. In its most recent quarterly report, the company announced a revenue increase of 7% year over year.

The company’s strong brand recognition and dominance of a niche market make it a suitable stock pick for growth investors. Analysts currently predict a target price of $56.50, suggesting a strong upside for investors who buy this week.

Key Data:

  • 1 Year Price Growth: 76%
  • YTD Price Growth: 82%
  • 3 Month Price Growth: 94%

All information is based on current and historical market data, as well as publicly available financial data. As with any financial decision, your own research is important. Stock market outcomes can never be 100% accurately predicted. Familiarity with historical data, individual industries, and individual stocks is key to developing a robust portfolio. Note that stock prices can fluctuate rapidly during trading sessions.

 

The reports, research and newsletter are based on current and historical market data, as well as publicly available financial data.They are intended to be a starting point for investors. They do not provide every material fact about a company or industry, nor are they recommendations to buy or sell. The writers and the company make no warranties or representations as to the accuracy of these reports.   You should NOT rely solely upon the information or opinions read in the content. Rather, you should use the content as a starting point for doing independent research on the independent analysis and trading methods in the content. The content is impersonal and does not provide individualized advice or recommendations for any specific reader or individual portfolio. By accessing this website you have agreed to our disclaimers and privacy policy.

 

 

The reports, research and newsletter are based on current and historical market data, as well as publicly available financial data.They are intended to be a starting point for investors. They do not provide every material fact about a company or industry, nor are they recommendations to buy or sell. The writers and the company make no warranties or representations as to the accuracy of these reports.   You should NOT rely solely upon the information or opinions read in the content. Rather, you should use the content as a starting point for doing independent research on the independent analysis and trading methods in the content. The content is impersonal and does not provide individualized advice or recommendations for any specific reader or individual portfolio. By accessing this website you have agreed to our disclaimers and privacy policy.

 

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