What is William Blair's Estimate for Traeger Q1 Earnings?

Traeger, Inc. (NYSE:COOK - Free Report) - Equities research analysts at William Blair issued their Q1 2025 earnings per share estimates for Traeger in a research report issued on Wednesday, April 9th. William Blair analyst P. Blee expects that the company will post earnings per share of ($0.01) for the quarter. The consensus estimate for Traeger's current full-year earnings is ($0.12) per share. William Blair also issued estimates for Traeger's Q2 2025 earnings at $0.03 EPS, Q3 2025 earnings at ($0.06) EPS, Q4 2025 earnings at ($0.02) EPS and FY2026 earnings at $0.02 EPS.

A number of other research analysts have also recently commented on the company. Piper Sandler reduced their target price on Traeger from $3.75 to $2.50 and set a "neutral" rating on the stock in a research note on Friday, March 7th. Royal Bank of Canada cut their price target on shares of Traeger from $2.75 to $2.00 and set a "sector perform" rating on the stock in a report on Friday, March 7th. Telsey Advisory Group reissued a "market perform" rating and set a $2.50 target price on shares of Traeger in a research note on Monday, April 7th. Robert W. Baird dropped their price target on Traeger from $3.50 to $2.50 and set a "neutral" rating for the company in a research note on Friday, March 7th. Finally, UBS Group set a $2.50 price objective on shares of Traeger in a research report on Friday, March 7th. One analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $2.79.

Traeger Price Performance

Shares of COOK stock traded down $0.03 on Thursday, reaching $1.42. The company's stock had a trading volume of 79,983 shares, compared to its average volume of 210,129. The company has a market capitalization of $185.52 million, a P/E ratio of -3.55 and a beta of 1.42. Traeger has a 12-month low of $1.32 and a 12-month high of $3.97. The stock's 50 day simple moving average is $1.95 and its 200-day simple moving average is $2.56. The company has a quick ratio of 1.08, a current ratio of 2.09 and a debt-to-equity ratio of 1.42.

Institutional Trading of Traeger

A number of hedge funds have recently modified their holdings of the business. Squarepoint Ops LLC lifted its position in Traeger by 61.0% during the 4th quarter. Squarepoint Ops LLC now owns 120,003 shares of the company's stock valued at $287,000 after acquiring an additional 45,469 shares during the period. Two Sigma Advisers LP boosted its position in shares of Traeger by 202.8% in the 4th quarter. Two Sigma Advisers LP now owns 32,100 shares of the company's stock worth $77,000 after purchasing an additional 21,500 shares in the last quarter. Two Sigma Investments LP boosted its position in shares of Traeger by 32.7% in the 4th quarter. Two Sigma Investments LP now owns 123,931 shares of the company's stock worth $296,000 after purchasing an additional 30,539 shares in the last quarter. Millennium Management LLC boosted its holdings in Traeger by 1.1% in the fourth quarter. Millennium Management LLC now owns 407,265 shares of the company's stock worth $973,000 after acquiring an additional 4,433 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. grew its position in Traeger by 19.3% during the 4th quarter. Jacobs Levy Equity Management Inc. now owns 307,882 shares of the company's stock valued at $736,000 after purchasing an additional 49,824 shares during the last quarter. Institutional investors own 46.84% of the company's stock.

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.