Traeger (COOK) Expected to Announce Quarterly Earnings on Wednesday

Key Points

• Traeger is set to release its Q2 2025 earnings on August 6th, with analysts expecting earnings of $0.07 per share and revenue of $166.49 million.
• CEO Jeremy Andrus has recently purchased 176,425 shares of Traeger stock, increasing his holdings in the company, which now comprise 14,228,779 shares valued at approximately $20.77 million.
• Several analysts have reduced their price targets for Traeger, with the average target now at $2.44, while the stock holds a current average rating of "Hold."

Traeger (NYSE:COOK - Get Free Report) is anticipated to issue its Q2 2025 quarterly earnings data after the market closes on Wednesday, August 6th. Analysts expect the company to announce earnings of $0.07 per share and revenue of $166.49 million for the quarter.

Traeger Trading Down 4.6%

Shares of NYSE COOK traded down $0.08 during trading on Friday, hitting $1.55. 344,928 shares of the company traded hands, compared to its average volume of 274,787. Traeger has a 1 year low of $1.28 and a 1 year high of $3.97. The company has a 50-day moving average price of $1.76 and a 200-day moving average price of $1.84. The firm has a market capitalization of $209.64 million, a P/E ratio of -6.72 and a beta of 1.46. The company has a quick ratio of 1.09, a current ratio of 2.21 and a debt-to-equity ratio of 1.43.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on COOK shares. B. Riley reissued a "buy" rating and set a $3.00 price objective (down from $4.00) on shares of Traeger in a research note on Friday, May 2nd. Piper Sandler lowered their price objective on shares of Traeger from $2.50 to $2.00 and set a "neutral" rating for the company in a research note on Friday, May 2nd. Telsey Advisory Group reissued a "market perform" rating and set a $2.00 price objective on shares of Traeger in a research note on Thursday. Finally, Canaccord Genuity Group decreased their price target on shares of Traeger from $5.00 to $3.00 and set a "buy" rating for the company in a research report on Tuesday, April 29th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $2.44.

Insiders Place Their Bets

In related news, CEO Jeremy Andrus bought 300,762 shares of the business's stock in a transaction dated Wednesday, June 4th. The shares were acquired at an average price of $1.34 per share, for a total transaction of $403,021.08. Following the purchase, the chief executive officer owned 13,805,554 shares in the company, valued at $18,499,442.36. This trade represents a 2.23% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Over the last three months, insiders have bought 730,387 shares of company stock valued at $1,009,986. Corporate insiders own 14.70% of the company's stock.

Institutional Investors Weigh In On Traeger

A hedge fund recently raised its stake in Traeger stock. Bank of America Corp DE grew its stake in Traeger, Inc. (NYSE:COOK - Free Report) by 36.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 33,314 shares of the company's stock after purchasing an additional 8,933 shares during the quarter. Bank of America Corp DE's holdings in Traeger were worth $80,000 as of its most recent filing with the SEC. 46.84% of the stock is currently owned by institutional investors.

Traeger Company Profile

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.