YETI Holdings, Inc. : The underlying trend is in force again
Target price hit
Entry price :
62.54$ | Target : 77$ | Stop-loss : 54$ | Potential : 23.12%
The timing appears opportune to go long in shares of YETI Holdings, Inc. as we anticipate another pick-up in the underlying trend. Investors have an opportunity to buy the stock and target the $ 77.
The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria. In a short-term perspective, the company has interesting fundamentals.
Its core activity has a significant growth potential and sales are expected to surge, according to Standard & Poor's' forecast. Indeed, those may increase by 47% by 2022. The company returns high margins, thereby supporting business profitability. Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock. Over the past year, analysts have regularly revised upwards their sales forecast for the company. For several months, analysts have been revising their EPS estimates roughly upwards. For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner. Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock. Within the weekly time frame the stock shows a bullish technical configuration above the support level at 31.31 USD
With an enterprise value anticipated at 5.13 times the sales for the current fiscal year, the company turns out to be overvalued. With a 2020 P/E ratio at 37.27 times the estimated earnings, the company operates at rather significant levels of earnings multiples.
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1 065 M
Net income 2020
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P/E ratio 2020
6 445 M
6 445 M
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EV / Sales 2021
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Upcoming event on YETI HOLDINGS, INC.
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