Traeger Inc [NYSE: COOK] surged by $0.04 during the normal trading session on while it closed the day at $3.23.
Traeger Inc stock has also gained 12.54% of its value over the past 7 days. However, COOK stock has declined by -14.10% in the 3 months of the year. Over the past six months meanwhile, it has gained 22.35% and gained 18.32% year-on date.
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The market cap for COOK stock reached $421.84 million, with 125.87 million shares outstanding and 57.96 million shares in the current float. Compared to the average trading volume of 189.83K shares, COOK reached a trading volume of 131745 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Traeger Inc [COOK]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for COOK shares is $3.86 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on COOK stock is a recommendation set at 2.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Telsey Advisory Group have made an estimate for Traeger Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on May 09, 2024. While these analysts kept the previous recommendation, Telsey Advisory Group dropped their target price from $5 to $4.50. The new note on the price target was released on March 08, 2024, representing the official price target for Traeger Inc stock. Previously, the target price had yet another raise to $3.50, while B. Riley Securities analysts kept a Buy rating on COOK stock.
The Average True Range (ATR) for Traeger Inc is set at 0.18, with the Price to Sales ratio for COOK stock in the period of the last 12 months amounting to 0.70. The Price to Book ratio for the last quarter was 1.51, with the Price to Cash per share for the same quarter was set at 0.13. Price to Free Cash Flow for COOK in the course of the last twelve months was 19.35 with Quick ratio for the last quarter at 1.08.
COOK stock trade performance evaluation
Traeger Inc [COOK] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 12.54. With this latest performance, COOK shares gained by 4.19% in over the last four-week period, additionally plugging by 22.35% over the last 6 months – not to mention a rise of 40.43% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for COOK stock in for the last two-week period is set at 56.65, with the RSI for the last a single of trading hit 63.01, and the three-weeks RSI is set at 53.47 for Traeger Inc [COOK]. The present Moving Average for the last 50 days of trading for this stock 3.25, while it was recorded at 3.11 for the last single week of trading, and 2.69 for the last 200 days.
Traeger Inc [COOK]: An insightful look at the core fundamentals
Traeger Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.08 and a Current Ratio set at 2.09.
Earnings per share (EPS) analysis for Traeger Inc [COOK] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for COOK. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Traeger Inc go to 12.86%.
Traeger Inc [COOK]: Institutional Ownership
There are presently around $75.93%, or 90.07%% of COOK stock, in the hands of institutional investors. The top three institutional holders of COOK stocks are: ONTARIO TEACHERS PENSION PLAN BOARD with ownership of 24.69 million shares, which is approximately 19.7234%. CAPITAL WORLD INVESTORS, holding 6.5 million shares of the stock with an approximate value of $$15.6 million in COOK stocks shares; and CAPITAL WORLD INVESTORS, currently with $$6.65 million in COOK stock with ownership which is approximately 2.2134%.
