Traeger (COOK) Stock Forecast, Price & News

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Traeger in the last year. There are currently 7 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" COOK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in COOK, but not buy additional shares or sell existing shares.
View COOK analyst ratings or view top-rated stocks.

9 brokers have issued 12-month target prices for Traeger's shares. Their COOK share price forecasts range from $3.00 to $6.00. On average, they anticipate the company's share price to reach $4.27 in the next twelve months. This suggests a possible upside of 11.5% from the stock's current price.
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Traeger's stock was trading at $2.82 on January 1st, 2023. Since then, COOK stock has increased by 35.8% and is now trading at $3.83.
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Traeger saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 4,480,000 shares, a decline of 12.7% from the April 30th total of 5,130,000 shares. Based on an average trading volume of 429,700 shares, the short-interest ratio is presently 10.4 days. Currently, 8.1% of the shares of the stock are sold short.
View Traeger's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023.
View our COOK earnings forecast.

Traeger, Inc. (NYSE:COOK) issued its quarterly earnings results on Thursday, March, 16th. The company reported ($0.13) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.25) by $0.12. The company had revenue of $138.13 million for the quarter, compared to analysts' expectations of $117.38 million. Traeger had a negative trailing twelve-month return on equity of 27.11% and a negative net margin of 62.12%.

First Trust Multi-Manager Small Cap Opportunities ETF holds 1,201 shares of COOK stock, representing 0.16% of its portfolio.

Traeger updated its FY 2023 earnings guidance on Friday, May, 12th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $560.00 million-$590.00 million, compared to the consensus revenue estimate of $578.60 million.

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

Traeger trades on the New York Stock Exchange (NYSE) under the ticker symbol "COOK."

Traeger's stock is owned by a variety of institutional and retail investors. Top institutional investors include FMR LLC (6.63%), BlackRock Inc. (2.16%), Stephens Investment Management Group LLC (1.10%), Geode Capital Management LLC (0.72%), State Street Corp (0.56%) and Formula Growth Ltd. (0.37%). Insiders that own company stock include Dominic Blosil, James H Hardy Jr and Jeremy Andrus.
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Shares of COOK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of COOK stock can currently be purchased for approximately $3.83.

Traeger (NYSE:COOK) has a market capitalization of $474.58 million and generates $655.90 million in revenue each year. The company earns $-382,140,000.00 in net income (profit) each year or ($3.04) on an earnings per share basis.

The company employs 850 workers across the globe.

The official website for the company is www.traegergrills.com. The company can be reached via phone at 801-701-7180 or via email at investor@traeger.com.