What is William Blair’s Estimate for Traeger Q1 Earnings?

Traeger, Inc. (NYSE:COOK) – Investment analysts at William Blair issued their Q1 2025 earnings estimates for Traeger in a research report issued to clients and investors on Wednesday, April 9th. William Blair analyst P. Blee forecasts that the company will earn ($0.01) per share for the quarter. The consensus estimate for Traeger’s current full-year earnings is ($0.12) per share. William Blair also issued estimates for Traeger’s Q2 2025 earnings at $0.03 EPS, Q3 2025 earnings at ($0.06) EPS, Q4 2025 earnings at ($0.02) EPS and FY2026 earnings at $0.02 EPS.

Several other research analysts have also issued reports on COOK. Morgan Stanley cut their target price on shares of Traeger from $3.00 to $2.50 and set an “underweight” rating on the stock in a research note on Friday, March 7th. Telsey Advisory Group restated a “market perform” rating and set a $2.50 price target on shares of Traeger in a research report on Monday. Piper Sandler reduced their target price on shares of Traeger from $3.75 to $2.50 and set a “neutral” rating for the company in a research note on Friday, March 7th. Royal Bank of Canada reduced their price objective on shares of Traeger from $2.75 to $2.00 and set a “sector perform” rating for the company in a research note on Friday, March 7th. Finally, Canaccord Genuity Group reduced their price objective on shares of Traeger from $7.00 to $5.00 and set a “buy” rating for the company in a research note on Friday, March 7th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $2.79.

Traeger Stock Up 7.9 %

Shares of NYSE COOK opened at $1.51 on Thursday. The firm has a market cap of $197.28 million, a PE ratio of -3.77 and a beta of 1.42. Traeger has a 12-month low of $1.33 and a 12-month high of $3.97. The company’s fifty day simple moving average is $2.01 and its 200 day simple moving average is $2.62. The company has a quick ratio of 1.08, a current ratio of 2.09 and a debt-to-equity ratio of 1.42.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Squarepoint Ops LLC grew its position in Traeger by 61.0% during the 4th quarter. Squarepoint Ops LLC now owns 120,003 shares of the company’s stock valued at $287,000 after purchasing an additional 45,469 shares during the last quarter. Two Sigma Advisers LP grew its holdings in Traeger by 202.8% during the 4th quarter. Two Sigma Advisers LP now owns 32,100 shares of the company’s stock valued at $77,000 after buying an additional 21,500 shares in the last quarter. Two Sigma Investments LP grew its holdings in shares of Traeger by 32.7% in the fourth quarter. Two Sigma Investments LP now owns 123,931 shares of the company’s stock valued at $296,000 after purchasing an additional 30,539 shares in the last quarter. Millennium Management LLC grew its holdings in shares of Traeger by 1.1% in the fourth quarter. Millennium Management LLC now owns 407,265 shares of the company’s stock valued at $973,000 after purchasing an additional 4,433 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. lifted its position in Traeger by 19.3% in the fourth quarter. Jacobs Levy Equity Management Inc. now owns 307,882 shares of the company’s stock worth $736,000 after buying an additional 49,824 shares during the last quarter. 46.84% of the stock is owned by hedge funds and other institutional investors.

Traeger Company Profile

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.