The stock market is constantly in flux, and keeping up with analyst ratings and company performance can be a full-time job. Let's break down some recent reports and insights on a few key players: YETI Holdings, ON Semiconductor, Eli Lilly, and Caterpillar.
YETI's Global Expansion Continues
YETI Holdings (NYSE: YETI) is making waves with its international growth. The company's fourth-quarter and fiscal-year 2024 earnings call on February 13, 2025, revealed impressive figures. Despite facing competitive pressures and macroeconomic headwinds, YETI delivered solid growth and continues to expand its brand globally.
Sales outside the U.S. increased by 27% in the fourth quarter and 30% for the full year 2024. International business now accounts for 18% of total sales, up from 16% the previous year. "We saw another quarter of excellent growth internationally," the company stated, "with our business outside the U.S. increasing 27% to $109 million in Q4. All of our regions grew, with Australia and Europe continuing their exceptional double-digit growth." This expansion is attributed to increased brand awareness, a growing distribution network, and a successful omnichannel model.
ON Semiconductor Receives Positive Ratings
ON (NYSE:ONON) has also been receiving positive attention from analysts. KeyCorp reiterated its "overweight" rating for the stock, setting a price objective of $68.00. This suggests a potential upside of 37.02% from the company's current price. Barclays also raised its target price for ON from $63.00 to $64.00, indicating a potential upside of nearly 29% from the previous close, while maintaining an "overweight" rating. These reports, highlighted by Benzinga, suggest a strong outlook for ON.
Eli Lilly's Price Target Increased
Eli Lilly and Company (NYSE:LLY) also saw its price target raised by Wells Fargo & Company, from $970.00 to $1,100.00. The firm currently has an "overweight" rating on the stock. This positive adjustment reflects confidence in Eli Lilly's future performance.
Is Caterpillar a Buy?
Amidst recent stock market volatility, Caterpillar (NYSE: CAT) is being considered as an attractive dividend stock. With stock prices recorded on March 3, 2025, and a related video published on March 5, 2025, analysts are suggesting that Caterpillar's current valuations make it a worthwhile investment for those seeking dividend income.
These recent analyst ratings and company reports provide valuable insights for investors looking to make informed decisions. From YETI's global expansion to the potential of ON Semiconductor and the stability of Eli Lilly and Caterpillar, there are various opportunities to explore in the current market.