Traeger Inc (NYSE: COOK) on Friday, soared 5.26% from the previous trading day, before settling in for the closing price of $2.28. Within the past 52 weeks, COOK’s price has moved between $1.97 and $6.70.
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A company in the Consumer Cyclical sector has jumped its sales by 17.51% annually for the last half of the decade. The company achieved an average annual earnings per share of 101.67%. With a float of $56.89 million, this company’s outstanding shares have now reached $125.87 million.
In an organization with 641 employees, it is important to assess its efficiency.
Traeger Inc (COOK) Insider Updates
Observing investor behavior towards Furnishings, Fixtures & Appliances industry stocks is more important than anything else. The insider ownership of Traeger Inc is 55.85%, while institutional ownership is 35.50%. The most recent insider transaction that took place on May 23 ’24, was worth 500,428. In this transaction Chief Executive Officer of this company bought 226,684 shares at a rate of $2.21, taking the stock ownership to the 7,655,571 shares. Before that another transaction happened on May 22 ’24, when Company’s Chief Executive Officer bought 165,000 for $2.17, making the entire transaction worth $357,522. This insider now owns 7,428,887 shares in total.
Traeger Inc (COOK) Performance Highlights and Predictions
As on 3/31/2024, Multinational firm has announced its last quarter scores, in which it reported 0.04 earnings per share (EPS) for the period topping the consensus outlook (set at -0.02) by 0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 101.67% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.86% during the next five years compared to -28.31% drop over the previous five years of trading.
Traeger Inc (NYSE: COOK) Trading Performance Indicators
Traeger Inc (COOK) is currently performing well based on its current performance indicators. A quick ratio of 0.99 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.52. Likewise, its price to free cash flow for the trailing twelve months is 6.01.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.63, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 0.10 in one year’s time.
Technical Analysis of Traeger Inc (COOK)
Let’s dig in a bit further. During the last 5-days, its volume was 0.22 million. That was inferior than the volume of 0.29 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 28.76%. Additionally, its Average True Range was 0.13.
During the past 100 days, Traeger Inc’s (COOK) raw stochastic average was set at 56.14%, which indicates a significant increase from 44.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 64.72% in the past 14 days, which was lower than the 67.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.32, while its 200-day Moving Average is $2.45. However, in the short run, Traeger Inc’s stock first resistance to watch stands at $2.45. Second resistance stands at $2.50. The third major resistance level sits at $2.61. If the price goes on to break the first support level at $2.30, it is likely to go to the next support level at $2.19. Assuming the price breaks the second support level, the third support level stands at $2.14.
Traeger Inc (NYSE: COOK) Key Stats
Market capitalization of the company is 309.29 million based on 128,870K outstanding shares. Right now, sales total 605,880 K and income totals -84,400 K. The company made 144,910 K in profit during its latest quarter, and -4,680 K in sales during its previous quarter.
