Traeger (COOK) vs. Its Competitors Head to Head Comparison

Traeger (NYSE:COOK) is one of 46 public companies in the “CONSM PD – MISC DIS” industry, but how does it compare to its competitors? We will compare Traeger to related businesses based on the strength of its dividends, institutional ownership, risk, earnings, analyst recommendations, profitability and valuation.

Analyst Recommendations

This is a summary of recent ratings and price targets for Traeger and its competitors, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Traeger	1	4	2	0	2.14
Traeger Competitors	117	910	998	28	2.46

Traeger currently has a consensus price target of $2.44, indicating a potential upside of 32.11%. As a group, “CONSM PD – MISC DIS” companies have a potential upside of 21.95%. Given Traeger’s higher probable upside, analysts clearly believe Traeger is more favorable than its competitors.

Profitability

This table compares Traeger and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Traeger	-5.00%	-3.12%	-1.07%
Traeger Competitors	0.03%	1.25%	0.50%

Valuation & Earnings

This table compares Traeger and its competitors gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Traeger	$602.44 million	-$34.01 million	-8.02
Traeger Competitors	$2.80 billion	$103.51 million	3.43

Traeger’s competitors have higher revenue and earnings than Traeger. Traeger is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Risk & Volatility

Traeger has a beta of 1.46, meaning that its stock price is 46% more volatile than the S&P 500. Comparatively, Traeger’s competitors have a beta of -0.51, meaning that their average stock price is 151% less volatile than the S&P 500.

Insider & Institutional Ownership

46.8% of Traeger shares are owned by institutional investors. Comparatively, 40.3% of shares of all “CONSM PD – MISC DIS” companies are owned by institutional investors. 14.7% of Traeger shares are owned by insiders. Comparatively, 22.0% of shares of all “CONSM PD – MISC DIS” companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Summary

Traeger competitors beat Traeger on 10 of the 13 factors compared.

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. The company also produces a library of digital content, including instructional recipes and videos that demonstrate tips, tricks, and cooking techniques that empower Traeger owners to progress their cooking skills; and short- and long-form branded content highlighting stories, community members, and lifestyle content from the Traegerhood. In addition, it provides wood pellets that are used to fire the grills; rubs, spices, and sauces; accessories, such as pop-and-lock accessory rail covers, drip trays, bucket liners, storage bins, and shelves; tools to aid in meal prep, cooking, and cleanup, including pellet storage systems, cleaning solutions, barbecue tools, and MEATER smart thermometer; replacement parts; and apparel and merchandise, including t-shirts, hooded sweatshirts, and baseball hats. Traeger, Inc. was founded in 1987 and is headquartered in Salt Lake City, Utah.