Yeti Holdings (NYSE:YETI)

CAPS Rating: 2 out of 5 29.52

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All Players

12 Outperform
5 Underperform
 

All-Star Players

7 Outperform
3 Underperform
 

Wall Street

0 Outperform
0 Underperform
 

Top YETI Bull/Bear Pitches

The best Bull and Bear pitches based on recency and number of recommendations.

stonearrow (< 20)
Submitted November 29, 2018

It is an interesting product line. Once you use the products you can understand the premium price. Campers and hunters are fans because they go off the grid for days and the Yeti products outperform the others for the same use.

XMFRendezvous (94.34)
Submitted February 13, 2019

Great quote by 'ldreher' "Everybody stupid enough to pay that much for a cooler has already bought one"While it is pretty impressive to post margins nearing 50% selling physical products, growth has already showed signs of slowing. This is a company… More

YETI VS S&P 500 (SPY)

YETI Summary

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Recent Community Commentary

Read the most recent pitches from players about YETI.

Recs

0
Member Avatar hannibal (67.85) Submitted: 3/15/2019 10:08:12 AM : Outperform Start Price: $28.42 YETI Score: +1.17

Niche play with revenue and profits growing fast. Being a small cap it has a lot of room to grow.

Recs

2
Member Avatar XMFRendezvous (94.34) Submitted: 2/13/2019 12:25:15 PM : Underperform Start Price: $18.65 YETI Score: -51.82

Great quote by 'ldreher' "Everybody stupid enough to pay that much for a cooler has already bought one"

While it is pretty impressive to post margins nearing 50% selling physical products, growth has already showed signs of slowing. This is a company that probably didn't need to go public in my opinion.

Surprisingly more than 50% of their sales are now coming from drink-wear items. Some may call that smart diversification, others would say it shows weakness in their ability to continue to sell coolers. i.e the cooler buyers also bought a water bottle when they came out with water bottles. But there is probably a bubble in the water bottle market right now.

In my opinion, the company should start returning capital to shareholders.. which I doubt they will do, anything other than that will likely be value destroying.

Recs

1
Member Avatar TMFValueMagnet (89.82) Submitted: 11/28/2018 11:57:15 PM : Underperform Start Price: $18.04 YETI Score: -53.80

Any company that can sell a 5 gallon bucket for $40 (and charge another $30 for the *lid* to it!) must have a pretty strong brand, or at least a pretty strong bucket. I don't doubt the cachet of the YETI logo to some -- I've heard it adoringly called "redneck Prada" here in North Carolina -- but I do doubt its longevity.

Most people don't need a cooler to keep ice for a week at a time, but if they do buy one, they'll only buy one. Yeti may be overpriced relative to performance (there are an astonishing number of of cooler reviews online), but it is quality, and it will last.

Competitors offer coolers with 90% of the performance at 50% or less of the cost. Margins seem almost certain to shrink, given gross margin has leveled even as direct to consumer sales increased from 8% of net sales in 2017 to 30% in 2017.

Seasonality acts as a constraint on inventory turns, and will likely lead to brand ruining blowouts when retailers are oversupplied.

Leaderboard

Find the members with the highest scoring picks in YETI.

Score Leader

TMFCop

TMFCop (84.91) Score: +59.55

The Score Leader is the player with the highest score across all their picks in YETI.

Top
Pick
Member Name Member
Rating
Start
Date
Call Time
Frame
Start
Price
Stock
Gain
Index
Gain
Score Commentary
TMFCop 84.91 2/7/2019 Outperform 5Y $17.60 +62.61% +3.07% +59.55 0 Comment
jpmgator06 97.43 11/21/2018 Outperform 5Y $17.55 +63.08% +5.10% +57.98 0 Comment
stonearrow < 20 11/29/2018 Outperform 5Y $20.25 +41.33% +2.02% +39.31 1 Comment
kclee1st 99.08 2/14/2019 Outperform 5Y $21.42 +33.64% +1.51% +32.14 0 Comment
MPSL11 93.47 3/4/2019 Outperform 3Y $23.70 +20.76% -0.60% +21.36 0 Comment
kkconway 99.50 3/5/2019 Outperform 3W $23.61 +21.22% -0.10% +21.32 0 Comment
stocksracer 91.30 3/5/2019 Outperform 5Y $23.61 +21.22% -0.10% +21.32 0 Comment
Manifest 93.88 2/21/2019 Outperform 5Y $23.54 +21.58% +0.46% +21.12 0 Comment
thebeermonster 63.89 2/28/2019 Outperform 5Y $24.20 +18.26% +0.10% +18.16 0 Comment
Gilligankd 61.36 2/22/2019 Outperform 5Y $24.42 +17.20% +0.15% +17.05 0 Comment

Wall Street

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