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 |
Strong Sell
Market Performance | Weak | Details | |
Volatility | Very risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Average | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Unavailable | 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 14.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.95. Some equities with similar Price to Book (P/B) outperform the market in the long run. Traeger recorded a loss per share of 0.68. 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 had very high historical volatility 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. | |
| Over 77.0% of the company shares are held by institutions such as insurance companies |
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 |
Traeger's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 307.54 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Traeger's market, we take the total number of its shares issued and multiply it by Traeger's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Traeger's profitablity analysis
Traeger's profitability indicators refer to fundamental financial ratios that showcase Traeger's ability to generate income relative to its revenue or operating costs. If, let's say, Traeger is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Traeger's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Traeger's profitability requires more research than a typical breakdown of Traeger's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.13) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. 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.
The data published in Traeger's official financial statements usually reflect Traeger's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Traeger. For example, before you start analyzing numbers published by Traeger accountants, it's critical to develop an understanding of what Traeger's liquidity, profitability, and earnings quality are in the context of the Textiles, Apparel & Luxury Goods space in which it operates.
Please note, the presentation of Traeger's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Traeger's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Traeger's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Traeger. Please utilize our Beneish M Score to check the likelihood of Traeger's management manipulating its earnings.
Basic technical analysis of Traeger Stock
As of the 11th of May 2024, Traeger has the Coefficient Of Variation of 3767.33, risk adjusted performance of 0.025, and Semi Deviation of 4.41. 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. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to break down and interpolate data for nineteen technical drivers for Traeger, which can be compared to its competition. Please validate Traeger coefficient of variation, as well as the relationship between the treynor ratio and semi variance to decide if Traeger is priced more or less accurately, providing market reflects its prevalent price of 2.33 per share. Please also confirm Traeger total risk alpha, which is currently at (0.42) to double-check the company can sustain itself at a future point.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.
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 | 0.025 | |||
| Market Risk Adjusted Performance | (0.34) | |||
| Mean Deviation | 3.16 | |||
| Semi Deviation | 4.41 | |||
| Downside Deviation | 4.91 | |||
| Coefficient Of Variation | 3767.33 | |||
| Standard Deviation | 4.42 | |||
| Variance | 19.51 | |||
| Information Ratio | 0.0077 | |||
| Jensen Alpha | 0.1296 | |||
| Total Risk Alpha | (0.42) | |||
| Sortino Ratio | 0.0069 | |||
| Treynor Ratio | (0.35) | |||
| Maximum Drawdown | 21.81 | |||
| Value At Risk | (7.53) | |||
| Potential Upside | 7.39 | |||
| Downside Variance | 24.1 | |||
| Semi Variance | 19.46 | |||
| Expected Short fall | (3.38) | |||
| Skewness | (0.28) | |||
| Kurtosis | 1.11 |
| Risk Adjusted Performance | 0.025 | |||
| Market Risk Adjusted Performance | (0.34) | |||
| Mean Deviation | 3.16 | |||
| Semi Deviation | 4.41 | |||
| Downside Deviation | 4.91 | |||
| Coefficient Of Variation | 3767.33 | |||
| Standard Deviation | 4.42 | |||
| Variance | 19.51 | |||
| Information Ratio | 0.0077 | |||
| Jensen Alpha | 0.1296 | |||
| Total Risk Alpha | (0.42) | |||
| Sortino Ratio | 0.0069 | |||
| Treynor Ratio | (0.35) | |||
| Maximum Drawdown | 21.81 | |||
| Value At Risk | (7.53) | |||
| Potential Upside | 7.39 | |||
| Downside Variance | 24.1 | |||
| Semi Variance | 19.46 | |||
| Expected Short fall | (3.38) | |||
| Skewness | (0.28) | |||
| Kurtosis | 1.11 |
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 time-series forecasting models is one of many Traeger's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Traeger's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
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.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Traeger without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Traeger Corporate Management
Elected by the shareholders, the Traeger's board of directors comprises two types of representatives: Traeger inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Traeger. The board's role is to monitor Traeger's management team and ensure that shareholders' interests are well served. Traeger's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Traeger's outside directors are responsible for providing unbiased perspectives on the board's policies.
| 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 |
How to buy Traeger Stock?
To provide specific investment advice or recommendations on Traeger stock, we recommend investors consider the following general factors when evaluating Traeger. This will help you to make an informed decision on whether to include Traeger in one of your diversified portfolios:- 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.
Already Invested in Traeger?
The danger of trading Traeger is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Traeger is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Traeger. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Traeger is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Traeger is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Traeger Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Traeger Stock. Highlighted below are key reports to facilitate an investment decision about Traeger Stock: 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 tightly coupled 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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Traeger Stock analysis
When running Traeger's price analysis, check to measure Traeger's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Traeger is operating at the current time. Most of Traeger's value examination focuses on studying past and present price action to predict the probability of Traeger's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Traeger's price. Additionally, you may evaluate how the addition of Traeger to your portfolios can decrease your overall portfolio volatility.
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Is Traeger's industry 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.
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.