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The closing price of Root Inc (NASDAQ: ROOT) was $88.05 for the day, down -2.63% from the previous closing price of $90.43. In other words, the price has decreased by -$2.63 from its previous closing price. On the day, 0.5 million shares were traded. ROOT stock price reached its highest trading level at $90.6493 during the session, while it also had its lowest trading level at $87.56.
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 0.55 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:
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 Jun 16 ’25 when Allison Jonathan sold 2,500 shares for $149.16 per share. The transaction valued at 372,900 led to the insider holds 52,150 shares of the business.
Allison Jonathan bought 2,500 shares of ROOT for $372,900 on Jun 16 ’25. On Jun 11 ’25, another insider, Szudarek Julie, who serves as the Director of the company, sold 1,500 shares for $155.00 each. As a result, the insider received 232,500 and left with 11,832 shares of the company.
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 1360134784 and an Enterprise Value of 1027337728. As of this moment, Root’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.52, and their Forward P/E ratio for the next fiscal year is 32.28. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.58. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.00 while its Price-to-Book (P/B) ratio in mrq is 5.55. Its current Enterprise Value per Revenue stands at 0.753 whereas that against EBITDA is 8.312.
Stock Price History:
The Beta on a monthly basis for ROOT is 2.25, which has changed by 0.8690299 over the last 52 weeks, in comparison to a change of 0.15222645 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 $34.04. The 50-Day Moving Average of the stock is -28.21%, while the 200-Day Moving Average is calculated to be -22.71%.
Shares Statistics:
ROOT traded an average of 504.01K shares per day over the past three months and 1089430 shares per day over the past ten days. A total of 13.60M shares are outstanding, with a floating share count of 10.43M. Insiders hold about 27.18% of the company’s shares, while institutions hold 50.29% stake in the company. Shares short for ROOT as of 1753920000 were 1646824 with a Short Ratio of 3.27, compared to 1751241600 on 1726068. Therefore, it implies a Short% of Shares Outstanding of 1646824 and a Short% of Float of 12.659999999999998.
Earnings Estimates
A detailed examination of Root Inc (ROOT) is currently in progress, with 2.0 analysts providing valuable insights into its market dynamics.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
It is expected that $90B in revenue will be generated in the current quarter, according to 5 analysts. 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 $1.6B in the next fiscal year. The high estimate is $1.8B and the low estimate is $1.46B.
