Is Traeger Stock a Good Investment?
Traeger Investment Advice | COOK |
- Examine Traeger's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Traeger's leadership team and their track record. Good management can help Traeger navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Apparel, Accessories & Luxury Goods space and any emerging trends that could impact Traeger's business and its evolving consumer preferences.
- Compare Traeger's performance and market position to its competitors. Analyze how Traeger is positioned in terms of product offerings, innovation, and market share.
- Check if Traeger pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Traeger's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Traeger stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Traeger is a good investment.
Sell | Buy |
Hold
Market Performance | Very Weak | Details | |
Volatility | Relatively risky | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | About Average | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Traeger Stock
Researching Traeger's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 16.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.21. Some equities with similar Price to Book (P/B) outperform the market in the long run. Traeger recorded a loss per share of 0.4. The entity had not issued any dividends in recent years.
To determine if Traeger is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Traeger's research are outlined below:
| Traeger generated a negative expected return over the last 90 days | |
| Traeger has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 605.88 M. Net Loss for the year was (84.4 M) with profit before overhead, payroll, taxes, and interest of 228.77 M. | |
| Traeger has a poor financial position based on the latest SEC disclosures | |
| Over 76.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from simplywall.st: Institutional owners may consider drastic measures as Traeger, Inc.s recent US64m drop adds to long-term losses |
Traeger Quarterly Gross Profit |
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Traeger uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Traeger. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Traeger's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 21st of March 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 21st of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Traeger's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Traeger's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-05-08 | 2024-03-31 | 0.03 | 0.04 | 0.01 | 33 | ||
2022-08-10 | 2022-06-30 | 0.05 | 0.04 | -0.01 | 20 | ||
2024-08-06 | 2024-06-30 | 0.04 | 0.06 | 0.02 | 50 | ||
2023-05-10 | 2023-03-31 | 0.02 | 0.04 | 0.02 | 100 | ||
2021-11-15 | 2021-09-30 | -0.08 | -0.06 | 0.02 | 25 | ||
2024-03-07 | 2023-12-31 | -0.05 | -0.08 | -0.03 | 60 | ||
2023-08-02 | 2023-06-30 | -0.02 | 0.04 | 0.06 | 300 | ||
2023-03-16 | 2022-12-31 | -0.15 | -0.07 | 0.08 | 53 |
Know Traeger's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Traeger is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Traeger backward and forwards among themselves. Traeger's institutional investor refers to the entity that pools money to purchase Traeger's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Millennium Management Llc | 2024-09-30 | 402.8 K | Strs Ohio | 2024-09-30 | 400 K | Northern Trust Corp | 2024-09-30 | 334.4 K | Jacobs Levy Equity Management, Inc. | 2024-09-30 | 258.1 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 257.6 K | Eam Investors, Llc | 2024-09-30 | 233.1 K | Renaissance Technologies Corp | 2024-09-30 | 209.6 K | Gsa Capital Partners Llp | 2024-09-30 | 187.8 K | Panagora Asset Management Inc | 2024-09-30 | 179.4 K | Ontario Teachers Pension Plan Board | 2024-09-30 | 24.7 M | Capital World Investors | 2024-09-30 | 6.5 M |
Traeger's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 338.26 M.Market Cap |
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Traeger's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.27) | (0.28) | |
| Return On Capital Employed | (0.07) | (0.07) | |
| Return On Assets | (0.10) | (0.10) | |
| Return On Equity | (0.29) | (0.30) |
Determining Traeger's profitability involves analyzing its financial statements and using various financial metrics to determine if Traeger is a good buy. For example, gross profit margin measures Traeger's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Traeger's profitability and make more informed investment decisions.
Traeger's Earnings Breakdown by Geography
Evaluate Traeger's management efficiency
The value of Return On Tangible Assets is estimated to slide to -0.28. The value of Return On Capital Employed is expected to slide to -0.07. Non Current Liabilities Total is expected to rise to about 488.2 M this year, although the value of Total Current Liabilities will most likely fall to about 119.3 M. Traeger's management efficiency ratios could be used to measure how well Traeger manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 2.35 | 4.03 | |
| Tangible Book Value Per Share | (2.05) | (2.15) | |
| Enterprise Value Over EBITDA | 115.46 | 121.24 | |
| Price Book Value Ratio | 1.16 | 1.10 | |
| Enterprise Value Multiple | 115.46 | 121.24 | |
| Price Fair Value | 1.16 | 1.10 | |
| Enterprise Value | 766.6 M | 1.2 B |
The management team at Traeger has a track record of steering the company towards sustained growth. Evaluating their strategies helps in understanding the stock's long-term potential.
Beta 1.253 |
Basic technical analysis of Traeger Stock
As of the 22nd of December, Traeger has the Risk Adjusted Performance of (0.14), coefficient of variation of (536.49), and Variance of 8.65. Traeger technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices.Traeger's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Traeger insiders, such as employees or executives, is commonly permitted as long as it does not rely on Traeger's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Traeger insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Traeger's Outstanding Corporate Bonds
Traeger issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Traeger uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Traeger bonds can be classified according to their maturity, which is the date when Traeger has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View |
Understand Traeger's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Traeger's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.14) | |||
| Market Risk Adjusted Performance | (0.48) | |||
| Mean Deviation | 2.15 | |||
| Coefficient Of Variation | (536.49) | |||
| Standard Deviation | 2.94 | |||
| Variance | 8.65 | |||
| Information Ratio | (0.20) | |||
| Jensen Alpha | (0.58) | |||
| Total Risk Alpha | (0.64) | |||
| Treynor Ratio | (0.49) | |||
| Maximum Drawdown | 18.48 | |||
| Value At Risk | (4.50) | |||
| Potential Upside | 3.15 | |||
| Skewness | 0.2611 | |||
| Kurtosis | 2.47 |
| Risk Adjusted Performance | (0.14) | |||
| Market Risk Adjusted Performance | (0.48) | |||
| Mean Deviation | 2.15 | |||
| Coefficient Of Variation | (536.49) | |||
| Standard Deviation | 2.94 | |||
| Variance | 8.65 | |||
| Information Ratio | (0.20) | |||
| Jensen Alpha | (0.58) | |||
| Total Risk Alpha | (0.64) | |||
| Treynor Ratio | (0.49) | |||
| Maximum Drawdown | 18.48 | |||
| Value At Risk | (4.50) | |||
| Potential Upside | 3.15 | |||
| Skewness | 0.2611 | |||
| Kurtosis | 2.47 |
Consider Traeger's intraday indicators
Traeger intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Traeger stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Traeger Corporate Filings
8K | 12th of December 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10Q | 7th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
F3 | 4th of November 2024 The schedule filed by any person or group who acquires beneficial ownership of more than 5% of a voting class of a company's equity securities registered under Section 12 of the Act | ViewVerify |
F4 | 1st of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
Traeger Stock media impact
Far too much social signal, news, headlines, and media speculation about Traeger that are available to investors today. That information is available publicly through Traeger media outlets and privately through word of mouth or via Traeger internal channels. However, regardless of the origin, that massive amount of Traeger data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Traeger news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Traeger relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Traeger's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Traeger alpha.
Traeger Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Traeger can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Traeger Corporate Management
| Elizabeth Lempres | Independent Director | Profile | |
| Raul Alvarez | Lead Independent Director | Profile | |
| James Hardy | Chief Supply Chain Officer | Profile | |
| Daniel James | Independent Director | Profile | |
| Cole Akker | Chief Officer | Profile | |
| Thomas Burton | General Counsel | Profile | |
| Martin Eltrich | Independent Director | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Traeger. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For more information on how to buy Traeger Stock please use our How to buy in Traeger Stock guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Traeger. If investors know Traeger will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Traeger listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.40) | Revenue Per Share 4.737 | Quarterly Revenue Growth 0.037 | Return On Assets (0.01) | Return On Equity (0.17) |
The market value of Traeger is measured differently than its book value, which is the value of Traeger that is recorded on the company's balance sheet. Investors also form their own opinion of Traeger's value that differs from its market value or its book value, called intrinsic value, which is Traeger's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Traeger's market value can be influenced by many factors that don't directly affect Traeger's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Traeger's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Traeger is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Traeger's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.