Traeger (COOK) vs. Its Rivals Financial Survey

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

Earnings and Valuation

This table compares Traeger and its competitors revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Traeger	$604.07 million	-$34.01 million	-7.59
Traeger Competitors	$2.74 billion	$103.50 million	3.48

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.

Volatility & Risk

Traeger has a beta of 1.38, meaning that its stock price is 38% more volatile than the S&P 500. Comparatively, Traeger’s competitors have a beta of -0.49, meaning that their average stock price is 149% less volatile than the S&P 500.

Institutional & Insider Ownership

46.8% of Traeger shares are held by institutional investors. Comparatively, 42.0% of shares of all “CONSM PD – MISC DIS” companies are held by institutional investors. 14.7% of Traeger shares are held by insiders. Comparatively, 19.4% of shares of all “CONSM PD – MISC DIS” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

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	-0.12%	0.85%	0.63%

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for Traeger and its competitors, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Traeger	1	4	2	0	2.14
Traeger Competitors	115	908	997	28	2.46

Traeger currently has a consensus target price of $2.44, indicating a potential upside of 39.68%. As a group, “CONSM PD – MISC DIS” companies have a potential upside of 26.97%. Given Traeger’s higher probable upside, equities research analysts plainly believe Traeger is more favorable than its competitors.

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.