Traeger (COOK) Stock Forecast, Price & News

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Traeger in the last twelve months. There are currently 7 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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 Wall Street research analysts have issued twelve-month price objectives for Traeger's shares. Their COOK share price forecasts range from $3.00 to $6.00. On average, they predict the company's stock price to reach $4.27 in the next twelve months. This suggests a possible upside of 23.7% from the stock's current price.
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Traeger's stock was trading at $2.82 at the beginning of the year. Since then, COOK shares have increased by 22.3% and is now trading at $3.45.
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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 daily trading volume, of 429,700 shares, the days-to-cover ratio is currently 10.4 days. Currently, 8.1% of the shares of the company are short sold.
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) posted its quarterly earnings results on Thursday, March, 16th. The company reported ($0.13) EPS for the quarter, topping analysts' consensus estimates of ($0.25) by $0.12. The firm 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 issued an update on 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 initial public offering 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 number 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 $3.45.

Traeger (NYSE:COOK) has a market capitalization of $427.49 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.