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The closing price of Root Inc (NASDAQ: ROOT) was $139.93 for the day, up 1.58% from the previous closing price of $137.76. In other words, the price has increased by $1.58 from its previous closing price. On the day, 0.94 million shares were traded.
Ratios:
Our analysis of ROOT’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 0.64 whereas as Long-Term Debt/Eq ratio is at 0.63.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 06 ’25 when Ribbit Capital IV, L.P. bought 500,000 shares for $143.61 per share.
Malka Meyer sold 225,000 shares of ROOT for $30,558,066 on Apr 30 ’25. The 10% Owner now owns 503,800 shares after completing the transaction at $135.81 per share. On Apr 30 ’25, another insider, Ribbit Capital IV, L.P., who serves as the 10% Owner of the company, bought 225,000 shares for $151.00 each.
Valuation Measures:
As of this moment, Root’s Price-to-Earnings (P/E) ratio for their current fiscal year is 89.39, and their Forward P/E ratio for the next fiscal year is 102.08. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.98. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.83 while its Price-to-Book (P/B) ratio in mrq is 10.37.
Stock Price History:
Over the past 52 weeks, ROOT has reached a high of $181.14, while it has fallen to a 52-week low of $34.04. The 50-Day Moving Average of the stock is 2.45%, while the 200-Day Moving Average is calculated to be 63.67%.
Shares Statistics:
A total of 11.10M shares are outstanding, with a floating share count of 7.21M. Insiders hold about 53.06% of the company’s shares, while institutions hold 32.26% stake in the company.
Earnings Estimates
A comprehensive evaluation of Root Inc (ROOT) is underway, with the input of 1.0 analysts contributing to its current rating.The consensus estimate for the next quarter is -$0.26, with high estimates of -$0.26 and low estimates of -$0.26.
Analysts are recommending an EPS of between -$0.37 and -$0.37 for the fiscal current year, implying an average EPS of -$0.37. EPS for the following year is $1.23, with 1.0 analysts recommending between $1.23 and $1.23.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 1 analysts. It ranges from a high estimate of $316.7M to a low estimate of $316.7M. As of the current estimate, Root Inc’s year-ago sales were $289.2MFor the next quarter, 1 analysts are estimating revenue of $319.5M. There is a high estimate of $319.5M for the next quarter, whereas the lowest estimate is $319.5M.
A total of 5 analysts have provided revenue estimates for ROOT’s current fiscal year. The highest revenue estimate was $1.39B, while the lowest revenue estimate was $1.29B, resulting in an average revenue estimate of $1.32B. In the same quarter a year ago, actual revenue was $1.18BBased on 5 analysts’ estimates, the company’s revenue will be $1.46B in the next fiscal year. The high estimate is $1.56B and the low estimate is $1.32B.
