An update from Traeger ( (COOK) ) is now available.
On April 10, 2025, Traeger, Inc. announced an amendment to the letter agreement with CEO Jeremy Andrus, originally dated August 2, 2021. The amended agreement, effective January 1, 2025, includes a new annual base salary of $750,000 for Mr. Andrus, eligibility for a target annual bonus of 150% of his base salary, and participation in the Executive Change in Control Severance Plan. The amendment also outlines severance benefits, including cash severance and COBRA payments, in the event of Mr. Andrus’ termination under specified conditions.
Spark’s Take on COOK Stock
According to Spark, TipRanks’ AI Analyst, COOK is a Neutral.
Traeger’s stock is rated at 51, reflecting mixed financial performance with some improvements in margins and cash flow. Technical analysis indicates weakness, and valuation metrics are unattractive due to negative earnings. The earnings call offers cautious optimism, but significant challenges remain, impacting the overall outlook.
To see Spark’s full report on COOK stock, click here.
More about Traeger
YTD Price Performance: -40.76%
Average Trading Volume: 174,148
Technical Sentiment Signal: Buy
Current Market Cap: $189.4M
Find detailed analytics on COOK stock on TipRanks’ Stock Analysis page.