Research Analysts Set Expectations for Traeger Q1 Earnings

Traeger, Inc. (NYSE:COOK) – B. Riley issued their Q1 2026 earnings estimates for Traeger in a report issued on Sunday, November 16th. B. Riley analyst A. Glaessgen forecasts that the company will post earnings of $0.02 per share for the quarter. B. Riley currently has a “Neutral” rating and a $1.50 target price on the stock. The consensus estimate for Traeger’s current full-year earnings is ($0.12) per share. B. Riley also issued estimates for Traeger’s Q2 2026 earnings at ($0.04) EPS and Q4 2026 earnings at ($0.03) EPS.

Several other equities analysts have also recently weighed in on the company. Weiss Ratings restated a “sell (d-)” rating on shares of Traeger in a report on Monday. Royal Bank Of Canada cut their target price on shares of Traeger from $1.50 to $1.25 and set a “sector perform” rating for the company in a report on Thursday, August 7th. Telsey Advisory Group reduced their price target on shares of Traeger from $1.75 to $1.50 and set a “market perform” rating on the stock in a research report on Thursday, November 6th. Finally, Wall Street Zen upgraded shares of Traeger from a “sell” rating to a “hold” rating in a research report on Saturday, November 8th. One research analyst has rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Reduce” and a consensus target price of $2.09.

Traeger Trading Up 0.1%

Shares of Traeger stock opened at $0.81 on Tuesday. Traeger has a twelve month low of $0.77 and a twelve month high of $3.43. The company has a quick ratio of 1.39, a current ratio of 2.96 and a debt-to-equity ratio of 2.15. The business has a 50-day moving average price of $1.09 and a 200-day moving average price of $1.41. The firm has a market cap of $111.41 million, a price-to-earnings ratio of -1.03 and a beta of 1.41.

Traeger (NYSE:COOK) last announced its quarterly earnings results on Wednesday, November 5th. The company reported ($0.17) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.14). The company had revenue of $125.40 million during the quarter, compared to the consensus estimate of $111.04 million. Traeger had a negative net margin of 18.01% and a negative return on equity of 11.31%. Traeger has set its FY 2025 guidance at EPS.

Hedge Funds Weigh In On Traeger

Institutional investors have recently bought and sold shares of the business. Bank of America Corp DE lifted its holdings in Traeger by 36.6% during the fourth quarter. Bank of America Corp DE now owns 33,314 shares of the company’s stock worth $80,000 after buying an additional 8,933 shares during the period. Nuveen LLC purchased a new stake in shares of Traeger during the 1st quarter worth $122,000. Empowered Funds LLC boosted its position in Traeger by 9.3% during the first quarter. Empowered Funds LLC now owns 167,696 shares of the company’s stock valued at $282,000 after purchasing an additional 14,271 shares in the last quarter. Strs Ohio bought a new stake in Traeger during the first quarter valued at about $672,000. Finally, Norden Group LLC grew its stake in Traeger by 27.2% in the second quarter. Norden Group LLC now owns 23,350 shares of the company’s stock valued at $40,000 after purchasing an additional 5,000 shares during the last quarter. 46.84% of the stock is owned by hedge funds and other institutional investors.

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.