NYSE:COOK

Traeger (COOK) Stock Price, News & Analysis

$2.33
-0.07 (-2.92%)
(As of 05/10/2024 08:54 PM ET)
Today's Range
$2.31
$2.39
50-Day Range
$2.03
$2.59
52-Week Range
$1.97
$6.70
Volume
107,900 shs
Average Volume
297,904 shs
Market Capitalization
$298.57 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.38

Traeger MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
88.1% Upside
$4.38 Price Target
Short Interest
Healthy
3.30% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.42mentions of Traeger in the last 14 days
Based on 17 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.15) to ($0.13) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.61 out of 5 stars

Consumer Discretionary Sector

212th out of 269 stocks

Household Appliances Industry

5th out of 5 stocks

COOK stock logo

About Traeger Stock (NYSE:COOK)

Traeger, Inc., together with its subsidiaries, designs, sources, sells, and supports wood pellet fueled barbecue grills for retailers, distributors, and direct to consumers in the United States. Its wood pellet grills are internet of things devices that allow owners to program, monitor, and control their grill through its Traeger app. The company also produces a library of digital content, including instructional recipes and videos that demonstrate tips, tricks, and cooking techniques that empower Traeger owners to progress their cooking skills; and short- and long-form branded content highlighting stories, community members, and lifestyle content from the Traegerhood. In addition, it provides wood pellets that are used to fire the grills; rubs, spices, and sauces; accessories, such as pop-and-lock accessory rail covers, drip trays, bucket liners, storage bins, and shelves; tools to aid in meal prep, cooking, and cleanup, including pellet storage systems, cleaning solutions, barbecue tools, and MEATER smart thermometer; replacement parts; and apparel and merchandise, including t-shirts, hooded sweatshirts, and baseball hats. Traeger, Inc. was founded in 1987 and is headquartered in Salt Lake City, Utah.

COOK Stock Price History

COOK Stock News Headlines

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Piper Sandler Reaffirms Their Hold Rating on Traeger (COOK)
Q1 2024 Traeger Inc Earnings Call
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Beyond The Numbers: 6 Analysts Discuss Traeger Stock
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Company Calendar

Last Earnings
3/07/2024
Today
5/12/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Household appliances
Sub-Industry
N/A
Fax
N/A
Employees
640
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.38
High Stock Price Target
$7.00
Low Stock Price Target
$2.80
Potential Upside/Downside
+88.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$-84,400,000.00
Pretax Margin
-13.60%

Debt

Sales & Book Value

Annual Sales
$605.88 million
Book Value
$2.32 per share

Miscellaneous

Free Float
115,585,000
Market Cap
$298.57 million
Optionable
Optionable
Beta
1.07
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COOK Stock Analysis - Frequently Asked Questions

Should I buy or sell Traeger stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Traeger in the last twelve months. There are currently 1 sell rating, 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" COOK shares.
View COOK analyst ratings
or view top-rated stocks.

What is Traeger's stock price target for 2024?

6 analysts have issued 1 year target prices for Traeger's shares. Their COOK share price targets range from $2.80 to $7.00. On average, they expect the company's stock price to reach $4.38 in the next twelve months. This suggests a possible upside of 88.1% from the stock's current price.
View analysts price targets for COOK
or view top-rated stocks among Wall Street analysts.

How have COOK shares performed in 2024?

Traeger's stock was trading at $2.73 at the beginning of 2024. Since then, COOK stock has decreased by 14.7% and is now trading at $2.33.
View the best growth stocks for 2024 here
.

When is Traeger's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our COOK earnings forecast
.

How were Traeger's earnings last quarter?

Traeger, Inc. (NYSE:COOK) issued its earnings results on Thursday, March, 7th. The company reported ($0.12) earnings per share for the quarter, missing the consensus estimate of ($0.08) by $0.04. The business earned $163.48 million during the quarter, compared to analysts' expectations of $153.10 million. Traeger had a negative net margin of 13.54% and a negative trailing twelve-month return on equity of 22.15%.

What guidance has Traeger issued on next quarter's earnings?

Traeger issued an update on its FY 2024 earnings guidance on Wednesday, May, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $580.0 million-$605.0 million, compared to the consensus revenue estimate of $591.8 million.

When did Traeger IPO?

Traeger (COOK) raised $400 million in an initial public offering on Thursday, July 29th 2021. The company issued 23,529,411 shares at $16.00-$18.00 per share.

Who are Traeger's major shareholders?

Traeger's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (2.19%), GSA Capital Partners LLP (0.17%), Caliber Wealth Management LLC (0.10%), Empowered Funds LLC (0.10%), Norden Group LLC (0.04%) and Norden Group LLC (0.02%). Insiders that own company stock include Dominic Blosil, James H Hardy Jr and Jeremy Andrus.
View institutional ownership trends
.

How do I buy shares of Traeger?

Shares of COOK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:COOK) was last updated on 5/13/2024 by MarketBeat.com Staff

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