<div id="readability-page-1"><p><span>Traeger (NYSE:COOK - Get Free Report)</span> was downgraded by Zacks Research from a &#34;hold&#34; rating to a &#34;strong sell&#34; rating in a research report issued on Monday,Zacks.com reports.</p><ul><li>3 Summer Stocks With Insider Buying and Analyst Support</li></ul><p>COOK has been the subject of a number of other reports. Weiss Ratings  reissued a &#34;sell (d-)&#34; rating on shares of Traeger in a research note on Monday, December 29th. Telsey Advisory Group decreased their target price on shares of Traeger from $1.75 to $1.50 and set a &#34;market perform&#34; rating on the stock in a research report on Thursday, November 6th. Finally, Wall Street Zen upgraded Traeger from a &#34;sell&#34; rating to a &#34;hold&#34; rating in a research note on Saturday, November 8th. One research analyst  has rated the stock with a Buy rating, five have assigned  a Hold rating and three have issued  a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of &#34;Reduce&#34; and a consensus target price of $2.09.</p><p><b>Check Out Our Latest Analysis on COOK</b></p><h2>Traeger Stock Performance</h2><ul><li>4 beaten-down penny stocks ready to take off</li></ul><p>NYSE:COOK opened at $0.93 on Monday. The company has a quick ratio of 1.39, a current ratio of 2.96 and a debt-to-equity ratio of 2.15. The firm's fifty day simple moving average is $0.94 and its 200-day simple moving average is $1.27. Traeger has a fifty-two week low of $0.71 and a fifty-two week high of $2.70. The stock has a market cap of $127.03 million, a PE ratio of -1.17 and a beta of 1.38. </p><p>Traeger (NYSE:COOK - Get Free Report) last posted its quarterly earnings results on Thursday, November 6th. The company reported ($0.17) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.03) by ($0.14). Traeger had a negative net margin of 18.01% and a negative return on equity of 11.31%. The company had revenue of $125.40 million for the quarter, compared to analyst estimates of $111.04 million.  Analysts expect that  Traeger will post -0.12 earnings per share for the current fiscal year. </p><h2>Hedge Funds Weigh In On Traeger</h2><ul><li>Traeger, Inc, It's A Smoking Hot Stock</li></ul><p>A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE boosted its holdings in shares of  Traeger by 36.6% during the fourth quarter. Bank of America Corp DE now owns 33,314 shares of the company's stock valued at $80,000 after acquiring an additional 8,933 shares during the period.  Empowered Funds LLC lifted its position in shares of  Traeger by 9.3% in the 1st quarter. Empowered Funds LLC now owns 167,696 shares of the company's stock valued at $282,000 after acquiring an additional 14,271 shares in the last quarter.  Strs Ohio acquired a new stake in shares of  Traeger in the first quarter worth $672,000.  Norden Group LLC grew its stake in  Traeger by 27.2% during the 2nd quarter. Norden Group LLC now owns 23,350 shares of the company's stock valued at $40,000 after acquiring an additional 5,000 shares in the last quarter.  Finally, Drive Wealth Management LLC purchased a new position in  Traeger during the second quarter valued at approximately $389,000. 46.84% of the stock is currently owned by institutional investors and hedge funds. </p><h2>Traeger Company Profile</h2> (Get Free Report)<p>Traeger, trading on the NYSE under the ticker COOK, is a designer, manufacturer and marketer of wood pellet grills and outdoor cooking appliances. The company's core product lineup features a range of hardwood-pellet grills that combine wood-fired flavor with digital temperature control. Beyond grills, Traeger offers a suite of accessories—such as grill covers, smoking woods, meat probes and recipe rubs—as well as outdoor kitchen solutions designed to serve both consumer and light-commercial segments.  </p><p>Founded in 1985 by Joe Traeger, the brand pioneered the wood-pellet grilling category.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Traeger</li><li>Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!</li><li>Do not delete, read immediately</li><li>This stock gets a 94 out of 100</li><li>Punch these codes into your ordinary brokerage account</li><li>You Still Think Silver’s a Joke? Watch What Happens Next.</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNPT0s?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNPT0s"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Traeger Right Now?</h2><p>Before you consider Traeger, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Traeger wasn't on the list.</p><p>While Traeger currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

COOK

<p>Zacks Research has downgraded Traeger (NYSE:COOK) from a "hold" to a "strong sell" rating. The stock currently has an average rating of "Reduce" and a consensus target price of $2.09. Traeger reported a quarterly loss of ($0.17) EPS, missing estimates, with revenue of $125.40 million. The stock opened at $0.93, with a market cap of $127.03 million. Institutional investors own 46.84% of the stock, and various analysts have differing ratings on Traeger, reflecting mixed sentiments in the market.</p>

Traeger (NYSE:COOK) Lowered to "Strong Sell" Rating by Zacks Research