YETI Holdings, Inc. (NYSE:YETI) have seen a year over year change of sales growth of 0.21838.  The 2694275 market value company based out of United States of America is an important player in the Leisure Goods sector.

While sales growth can be a key driver for a company’s stock performance, there are many other factors to consider as well.  Here we’ll take a look at several other notable indicators.

Traders using technical analysis typically believe that all the needed information to trade a specific stock can be spotted in the charts. These traders are generally taking a shorter-term view when studying the market. Technical analysts are usually striving to spot the directional trend of a stock. Trends may be noted as upward, downward, or sideways. Many technicians will rely heavily on support and resistance levels in order to make informed decisions when buying and selling equities. These traders are also closely watching volume levels to help gauge activity. Traders are constantly searching for patterns in the charts. There are many different identifiable patterns that traders can look for. Some of these include head and shoulders, triangles, and double tops/bottoms.

So how has YETI Holdings, Inc. (NYSE:YETI) performed in terms of returns?  The ROIC quality score stands at whilet he actual return on invested capital holds at  0.572078.  YETI Holdings, Inc.’s book to market ratio is at 0.010753 while the book to market mean difference is 0.01316. This indicator tells you how a company is currently valued in terms of Book to Market compared to its average Book to Market over the past 10 years. It’s important to note that BM is the inverse of the Price to book ratio. Thus a high BM ratio means a company is undervalued.

In glancing at some key ratios we note that the Piotroski F-Score is at 7 (1 to 10 scale) and the ERP5 rank is at 19050. The Q.I. Value of YETI Holdings, Inc. (NYSE:YETI) currently reads 43.00000 on the Quant scale. The Free Cash Flow score of is also swinging some momentum at investors. The United States of America based firm is currently valued at 39402.

Some other notable ratios include the Accrual Ratio of -0.203361, the Altman Z score of 5.884052, a Montier C-Score of 1.00000 and a Value Composite rank of 64.

Debt

In looking at some Debt ratios, YETI Holdings, Inc. (NYSE:YETI) currently has a debt to equity ratio of 11.32215 and a Free Cash Flow to Debt ratio of 0.473175. This ratio gives insight as to how high the firm’s total debt is compared to its free cash flow generated. In terms of Net Debt to EBIT, that ratio stands at 2.25091. This ratio reveals how easily a firm is able to pay interest and capital on its net outstanding debt. The lower the ratio the better as that indicates that the company is able to meet its interest and capital payments. Lastly we’ll take note of the Net Debt to Market Value ratio. YETI Holdings, Inc.’s ND to MV current stands at 0.092033. This ratio is calculated as follows: Net debt (Total debt minus Cash ) / Market value of the company.

Many new investors may be frantically researching the best way to study the stock market. It is hard to say with any certainty which approach will work out the best. Traders may tend to gravitate towards studying the technical, while longer-term investors may be more likely to use fundamental analysis. Of course, many individuals will opt to use a combination of both. Determining the individual risk tolerance and time horizon can play a big part in deciding which way to tackle the market. Short-term trading can be highly risky and may not be suitable for certain individuals. Long-term investing may be the favored way to get into the stock market, but this may vary from person to person. Investment strategies can range from super simple to ultra complex. The one thing that most stock market followers would agree on is that there is rarely any substitution for hard work, dedication, and putting in the required hours of study.

YETI Holdings, Inc. (NYSE:YETI) are showing an adjusted slope average of the past 125 and 250 days of 280.78737.  The Adjusted Slope 125/250d indicator is equal to the average annualized exponential regression slope, over the past 125 and 250 trading days, multiplied by the coefficient of determination (R2).  The purpose of this calculation is to provide a longer term average adjusted slope value that levels out large share price movements by using the average. This indicator is useful in helping find stocks that have been on a smooth upward trend over the past 6 months to a year.

Drilling down into some additional key near-term indicators we note that the Capex to PPE ratio stands at 0.281523 for YETI Holdings, Inc. (NYSE:YETI).  The Capex to PPE ratio shows you how capital intensive a company is. Stocks with an increasing (year over year) ratio may be moving to be more capital intensive and often underperform the market. Higher Capex also often means lower Free Cash Flow (Operating cash flow – Capex) generation and lower dividends as companies don’t have the cash to pay dividends if they are investing more in the business.

Investors are always looking for any little advantage when trading the stock market. Scouring all the various data regarding publically traded companies can be overwhelming at times. Once the investor becomes familiar with the basics, they may be able to dive in deeper and focus on the essentials. Creating a winning strategy may not occur overnight. There may be times when even the best crafted plan does not play out as expected. Being flexible and having the proper tools in place can help the investor see the clearer picture when markets get muddy.  

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