Traeger: Long Decline Despite Adequate Valuation Metrics
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Ryne Mauck9 FollowersFollow5ShareSavePlay(9min)CommentsSummaryTraeger, Inc. is rated 'hold' due to flat revenues, weak profitability, and high leverage despite attractive valuation metrics.COOK's share price has declined over 60% YoY and more than 90% from its 2021 peak, underperforming peers and the S&P 500.Valuation metrics like Price/Sales (0.25) and Price/Book (0.82) are strong, but momentum and cash levels lag competitors.Key risks include economic uncertainty, changing tariffs, high debt/equity (229.55%), and heavy reliance on discretionary consumer spending. grandriver/iStock via Getty Images Introduction Continuing my series of analyses focusing on the consumer discretionary space, we take a look at Traeger, Inc. (COOK). 2025 has been a difficult year for COOK, with the share price declining over 60% YoY, significantly underperformingThis article was written byRyne Mauck9 FollowersFollowI am a full-time analyst and seasoned investor with over 12 years of experience in the market. My focus is on fundamental research and long-term value investing. I aim to identify companies trading at meaningful discounts to their intrinsic value. I invest across markets, both U.S. and international, with an interest in emerging economies. My interests include undercovered stocks/funds, Eastern Europe/Eurasia (CIS & FSU), and Latin America; however, I reserve the right to explore and write about any investment opportunity that captures my interest. My investment philosophy is grounded on rational decision-making, protection against the downside, and independent thinking. By sharing my work on Seeking Alpha, I aim to give readers clear, research based insights that help them to better understand valuation, fundamentals, and risk. My goal is to highlight undervalued businesses with durable advantages (existing economic moats) and to provide thoughtful analysis that supports disciplined, long-term investing.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Recommended For You