8 Analysts Have This To Say About Traeger

In the last three months, 8 analysts have published ratings on Traeger (NYSE:COOK), offering a diverse range of perspectives from bullish to bearish.

The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.

	Bullish	Somewhat Bullish	Indifferent	Somewhat Bearish	Bearish
Total Ratings	1	1	5	1	0
Last 30D	0	0	1	0	0
1M Ago	0	0	0	0	0
2M Ago	1	1	4	1	0
3M Ago	0	0	0	0	0

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $2.94, a high estimate of $5.00, and a low estimate of $2.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 22.83%.

Diving into Analyst Ratings: An In-Depth Exploration

The perception of Traeger by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

| Analyst | Analyst Firm | Action Taken | Rating |Current Price Target| Prior Price Target | |--------------------|---------------------|---------------|---------------|--------------------|--------------------| |Joseph Feldman |Telsey Advisory Group|Maintains |Market Perform | $2.50|$2.50 | |Megan Alexander |Morgan Stanley |Lowers |Underweight | $2.50|$3.00 | |Nik Modi |RBC Capital |Lowers |Sector Perform | $2.00|$2.75 | |Peter Keith |Piper Sandler |Lowers |Neutral | $2.50|$3.75 | |Peter Benedict |Baird |Lowers |Neutral | $2.50|$3.50 | |Brian McNamara |Canaccord Genuity |Lowers |Buy | $5.00|$7.00 | |Joseph Feldman |Telsey Advisory Group|Lowers |Market Perform | $2.50|$4.00 | |Joseph Feldman |Telsey Advisory Group|Maintains |Outperform | $4.00|$4.00 |

Key Insights:

• Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Traeger. This offers insight into analysts' perspectives on the current state of the company.
• Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Traeger compared to the broader market.
• Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Traeger's stock. This comparison reveals trends in analysts' expectations over time.

Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Traeger's market position. Stay informed and make well-informed decisions with our Ratings Table.

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About Traeger

Traeger Inc designs, sources, sells, and supports wood pellet fueled barbeque grills sold to retailers, distributors, and direct to consumers. It produces and sells the pellets used to fire the grills and also sells Traeger-branded rubs, spices, and sauces, as well as grilling accessories including covers, barbeque tools, trays, liners, and merchandise. The company's geographical segments include North America and the Rest of the world, of which majority of revenue is from North America.

Traeger's Economic Impact: An Analysis

Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.

Revenue Growth: Over the 3M period, Traeger showcased positive performance, achieving a revenue growth rate of 3.16% as of 31 December, 2024. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Consumer Discretionary sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: Traeger's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of -4.13%, the company may encounter challenges in effective cost control.

Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of -2.5%, the company showcases effective utilization of equity capital.

Return on Assets (ROA): Traeger's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -0.84%, the company may face hurdles in achieving optimal financial performance.

Debt Management: Traeger's debt-to-equity ratio is notably higher than the industry average. With a ratio of 1.57, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.

What Are Analyst Ratings?

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.