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Root Inc (NASDAQ: ROOT) closed the day trading at $91.27 down -2.25% from the previous closing price of $93.37. In other words, the price has decreased by -$2.25 from its previous closing price. On the day, 0.6 million shares were traded. ROOT stock price reached its highest trading level at $92.83 during the session, while it also had its lowest trading level at $89.55.
Ratios:
For a better understanding of ROOT, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.55 whereas as Long-Term Debt/Eq ratio is at 0.55.
On March 01, 2024, Jefferies Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $10 to $40.
Keefe Bruyette Upgraded its Mkt Perform to Outperform on February 26, 2024, whereas the target price for the stock was revised from $10 to $22.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 02 ’25 when Timm Alexander E. sold 10,861 shares for $88.88 per share. The transaction valued at 965,360 led to the insider holds 157,748 shares of the business.
Bonakdarpour Mahtiyar sold 5,750 shares of ROOT for $516,005 on Sep 02 ’25. The President and CTO now owns 274,226 shares after completing the transaction at $89.74 per share. On Sep 02 ’25, another insider, Timm Alexander E., who serves as the Officer of the company, bought 10,861 shares for $89.74 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ROOT now has a Market Capitalization of 1442317440 and an Enterprise Value of 1077078144. As of this moment, Root’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.20, and their Forward P/E ratio for the next fiscal year is 40.56. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.75. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.03 while its Price-to-Book (P/B) ratio in mrq is 5.75. Its current Enterprise Value per Revenue stands at 0.789 whereas that against EBITDA is 8.714.
Stock Price History:
The Beta on a monthly basis for ROOT is 2.24, which has changed by 1.4306259 over the last 52 weeks, in comparison to a change of 0.15101504 over the same period for the S&P500. Over the past 52 weeks, ROOT has reached a high of $181.14, while it has fallen to a 52-week low of $36.87. The 50-Day Moving Average of the stock is -10.33%, while the 200-Day Moving Average is calculated to be -20.71%.
Shares Statistics:
Over the past 3-months, ROOT traded about 530.03K shares per day on average, while over the past 10 days, ROOT traded about 491850 shares per day. A total of 13.60M shares are outstanding, with a floating share count of 10.99M. Insiders hold about 28.85% of the company’s shares, while institutions hold 50.57% stake in the company. Shares short for ROOT as of 1756425600 were 1749963 with a Short Ratio of 3.35, compared to 1753920000 on 1646824. Therefore, it implies a Short% of Shares Outstanding of 1749963 and a Short% of Float of 13.450000000000001.
Earnings Estimates
The performance of Root Inc (ROOT) in the stock market is under the watchful eye of 2.0 analysts actively contributing to its current rating.The consensus estimate for the next quarter is $0.32, with high estimates of $0.39 and low estimates of $0.25.
Analysts are recommending an EPS of between $2.11 and $2.01 for the fiscal current year, implying an average EPS of $2.06. EPS for the following year is $2.57, with 2.0 analysts recommending between $3.14 and $2.0.
Revenue Estimates
5 analysts predict $363.06M in revenue for the current quarter. It ranges from a high estimate of $399.3M to a low estimate of $343.7M. As of the current estimate, Root Inc’s year-ago sales were $305.7MFor the next quarter, 5 analysts are estimating revenue of $373.35M. There is a high estimate of $406.4M for the next quarter, whereas the lowest estimate is $353.67M.
A total of 6 analysts have provided revenue estimates for ROOT’s current fiscal year. The highest revenue estimate was $1.54B, while the lowest revenue estimate was $1.42B, resulting in an average revenue estimate of $1.47B. In the same quarter a year ago, actual revenue was $1.18BBased on 6 analysts’ estimates, the company’s revenue will be $1.61B in the next fiscal year. The high estimate is $1.8B and the low estimate is $1.46B.