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.
YETI Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for YETI, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that YETI Holdings Inc ranked in the 77th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 279.83%. The most interesting components of our discounted cash flow analysis for YETI Holdings Inc ended up being:
The stock's equity weight, or the proportion of capital from equity relative to debt, is 95. Its equity weight surpasses that of 90.55% of free cash flow generating stocks in the Consumer Cyclical sector.
The business' balance sheet reveals debt to be 5% of the company's capital (with equity being the remaining amount). Approximately only 16.22% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
YETI's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 3%; for context, that number is higher than 43.72% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Consumer Cyclical that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as YETI, try F, MSGN, WHR, BERY, and LGF.B.
YETI Holdings, Inc. ("YETI") (NYSE: YETI) today announced that it plans to report its fourth quarter and fiscal year 2020 financial results on Thursday, February 11, 2021, before the market opens. YETI will host a conference call at 8:00 a.m. ET to discuss its financial results.
Yeti (YETI) cut to neutral from buy at Citi after the stock gained more than 400% from its March low and gained 100% in all of last year.Sees the shares as fairly valued and expects that while growth will still be strong it's likely to decelerate this year, according to...
S&P MidCap 400 constituent Trimble Inc. (NASD:TRMB) will replace Concho Resources Inc. (NYSE:CXO) in the S&P 500, S&P SmallCap 600 constituent YETI Holdings Inc. (NYSE:YETI) will replace Trimble in the S&P MidCap 400, and Hilltop Holdings Inc. (NYSE:HTH) will replace YETI Holdings in the S&P SmallCap 600 effective prior to the opening of trading on Thursday, January 21. S&P 500/100 constituent ConocoPhillips (NYSE: COP) acquired Concho Resources in a deal completed today.