Shares of Traeger, Inc. (NYSE:COOK – Get Free Report) have been given a consensus rating of “Hold” by the seven ratings firms that are presently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating on the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $50.0833.
A number of analysts have recently commented on COOK shares. Piper Sandler reaffirmed a “neutral” rating and issued a $38.00 price target on shares of Traeger in a research note on Tuesday, May 12th. Robert W. Baird set a $40.00 price target on Traeger in a research note on Tuesday, May 12th. Zacks Research raised Traeger from a “strong sell” rating to a “hold” rating in a research note on Tuesday, February 3rd. B. Riley Financial reaffirmed a “neutral” rating and issued a $40.00 price target (up from $30.00) on shares of Traeger in a research note on Tuesday, May 12th. Finally, Telsey Advisory Group upped their price target on Traeger from $43.00 to $45.00 and gave the company a “market perform” rating in a research note on Tuesday, May 12th.
Read Our Latest Report on COOK
Institutional Trading of Traeger
Traeger Stock Performance
Shares of Traeger stock opened at $67.26 on Friday. The firm has a fifty day moving average of $40.26 and a two-hundred day moving average of $43.91. The stock has a market capitalization of $186.99 million, a price-to-earnings ratio of -1.60 and a beta of 1.78. Traeger has a 52 week low of $20.91 and a 52 week high of $110.50. The company has a debt-to-equity ratio of 2.29, a quick ratio of 2.01 and a current ratio of 3.40.
Traeger (NYSE:COOK – Get Free Report) last issued its earnings results on Monday, May 11th. The company reported $1.49 EPS for the quarter, beating the consensus estimate of ($3.36) by $4.85. The company had revenue of $94.07 million during the quarter, compared to analysts’ expectations of $95.05 million. Traeger had a negative net margin of 21.84% and a negative return on equity of 13.76%. As a group, equities research analysts predict that Traeger will post -2.29 EPS for the current year.
About Traeger
Traeger, trading on the NYSE under the ticker COOK, is a designer, manufacturer and marketer of wood pellet grills and outdoor cooking appliances. The company’s core product lineup features a range of hardwood-pellet grills that combine wood-fired flavor with digital temperature control. Beyond grills, Traeger offers a suite of accessories—such as grill covers, smoking woods, meat probes and recipe rubs—as well as outdoor kitchen solutions designed to serve both consumer and light-commercial segments.
Founded in 1985 by Joe Traeger, the brand pioneered the wood-pellet grilling category.
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