Traeger (COOK) to Release Quarterly Earnings on Thursday

Traeger (NYSE:COOK - Get Free Report) will likely be announcing its Q1 2025 earnings results after the market closes on Thursday, May 1st. Analysts expect the company to announce earnings of $0.05 per share and revenue of $140.63 million for the quarter.

Traeger Stock Performance

Shares of NYSE:COOK traded down $0.01 during midday trading on Friday, hitting $1.49. The stock had a trading volume of 104,274 shares, compared to its average volume of 210,313. The company has a market capitalization of $194.01 million, a PE ratio of -3.71 and a beta of 1.42. Traeger has a 1 year low of $1.32 and a 1 year high of $3.97. The stock has a 50 day moving average price of $1.78 and a two-hundred day moving average price of $2.44. The company has a current ratio of 2.09, a quick ratio of 1.08 and a debt-to-equity ratio of 1.42.

Institutional Trading of Traeger

An institutional investor recently raised its position in Traeger stock. Bank of America Corp DE increased its position in Traeger, Inc. (NYSE:COOK - Free Report) by 36.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,314 shares of the company's stock after buying an additional 8,933 shares during the period. Bank of America Corp DE's holdings in Traeger were worth $80,000 as of its most recent SEC filing. 46.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on COOK. Royal Bank of Canada dropped their target price on Traeger from $2.75 to $2.00 and set a "sector perform" rating on the stock in a research report on Friday, March 7th. Piper Sandler reduced their target price on Traeger from $3.75 to $2.50 and set a "neutral" rating for the company in a report on Friday, March 7th. Morgan Stanley lowered their price target on shares of Traeger from $3.00 to $2.50 and set an "underweight" rating on the stock in a research note on Friday, March 7th. UBS Group set a $2.50 price objective on shares of Traeger in a research note on Friday, March 7th. Finally, Robert W. Baird decreased their price objective on shares of Traeger from $3.50 to $2.50 and set a "neutral" rating on the stock in a report on Friday, March 7th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $2.79.

About Traeger

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.