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Root, Inc. (ROOT)
:ROOT
Holding ROOT?
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ROOT Stock Chart & Stats
Day’s Range― - ―
52-Week Range$7.22 - $118.15
Previous CloseN/A
Volume81.96K
Average Volume (3M)341.07K
Market Cap
$1.33B
Enterprise Value$1.04B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)$4.90M
Price to Earnings (P/E)―
Beta1.90
Next Earnings
Feb 19, 2025EPS Estimate
-0.52Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.31
Shares Outstanding10,700,000
10 Day Avg. Volume370,912
30 Day Avg. Volume341,071
Standard Deviation0.51
R-Squared0.06
Alpha0.00062
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.28
Price to Cash Flow (P/CF)6.80
P/FCF Ratio6.80
Enterprise Value/Market Cap0.78
Enterprise Value/Revenue1.00
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$76.60Price Target Upside-10.21% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering6
Root News
Bulls Say, Bears Say
Bulls Say
Debt RestructuringROOT was able to restructure its term loan facility, decreasing the limit but lowering the cost significantly, which should halve interest expense.
Financial PerformanceROOT shares rose 69% as the stock benefited from its first quarter of positive net income.
Growth OpportunitiesThere are ample profitable growth opportunities across geographic expansion to nationwide, further penetration of its direct channel, and a growing number of partnerships.
Bears Say
Cash Flow IssuesUnencumbered cash burn was $36m ending the quarter at $447m, worse than $464m.
Growth ConcernsPIF growth slowed in Q2 and the company stated that so far in Q3 it was maintaining policies that are stable with the end of Q2.
Performance ConsistencyQuarter-to-quarter volatility, including seasonal impacts, is expected, which may affect performance consistency.
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Ownership Overview
8.64% Insiders
7.77% Mutual Funds
<0.01% Other Institutional Investors
75.33% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ROOT FAQ
What was Root, Inc.’s price range in the past 12 months?
Root, Inc. lowest stock price was $7.22 and its highest was $118.15 in the past 12 months.
What is Root, Inc.’s market cap?
Root, Inc.’s market cap is $1.33B.
When is Root, Inc.’s upcoming earnings report date?
Root, Inc.’s upcoming earnings report date is Feb 19, 2025 which is in 28 days.
How were Root, Inc.’s earnings last quarter?
Root, Inc. released its earnings results on Oct 30, 2024. The company reported $1.35 earnings per share for the quarter, beating the consensus estimate of -$0.928 by $2.278.
Is Root, Inc. overvalued?
According to Wall Street analysts Root, Inc.’s price is currently Overvalued.
Does Root, Inc. pay dividends?
Root, Inc. does not currently pay dividends.
What is Root, Inc.’s EPS estimate?
Root, Inc.’s EPS estimate is -0.52.
How many shares outstanding does Root, Inc. have?
Root, Inc. has 10,700,000 shares outstanding.
What happened to Root, Inc.’s price movement after its last earnings report?
Root, Inc. reported an EPS of $1.35 in its last earnings report, beating expectations of -$0.928. Following the earnings report the stock price went up 68.906%.
Which hedge fund is a major shareholder of Root, Inc.?
Currently, no hedge funds are holding shares in ROOT
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Root Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$76.60 (-10.21% Downside)
$76.60 (-10.21% Downside)
Blogger Sentiment
Bullish
ROOT Sentiment 70%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 30.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $37.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.6%
Last 30 Days ▲ 7.1%
Last 30 Days ▲ 7.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
812.40%
12-Months-Change
Fundamentals
Return on Equity
-5.21%
Trailing 12-Months
Asset Growth
27.86%
Trailing 12-Months
Company Description
Root, Inc.
Root Inc develops and launches a direct-to-consumer personal automobile insurance and mobile technology company. It is a direct-to-consumer personal auto insurance, renters insurance and mobile technology company. The company offers renters insurance in Arkansas, Missouri, Ohio, Georgia, Kentucky, Nevada, Tennessee, and Utah, and auto insurance to drivers in Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Georgia, Illinois, Indiana, Iowa, Kentucky, Louisiana, Maryland, Mississippi, Missouri, Montana, Nebraska, New Mexico, Nevada, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, and West Virginia. It generates revenue from the sale of auto insurance policies within the United States.
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ROOT Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call reflects a positive sentiment with Root achieving profitability and reporting strong performance metrics, despite some challenges with retention rates following a period of hypergrowth. The company's successful refinancing of its term loan and improvements in underwriting further contribute to its positive outlook.Read More>---
ROOT Revenue Breakdown
87.89% Net premiums earned
6.64% Net investment income
5.14% Fee Income
0.00% Net realized gains on investments
0.33% Other
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ROOT Stock 12 Month Forecast
Average Price Target
$76.60
▼(-10.21% Downside)
Technical Analysis
Best Analysts Covering ROOT
1 Year
1 Year Success Rate
6/6 ratings generated profit
1 Year Average Return
+98.28%
reiterated a buy rating 3 months ago
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