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Root NasdaqGS:ROOT Stock Report

Last Price

US$99.27

Market Cap

US$1.5b

7D

-8.5%

1Y

701.5%

Updated

02 Dec, 2024

Data

Company Financials +

Root, Inc.

NasdaqGS:ROOT Stock Report

Market Cap: US$1.5b

ROOT Stock Overview

Provides insurance products and services in the United States. More details

ROOT fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance0/6
Financial Health5/6
Dividends0/6

Rewards

Earnings are forecast to grow 119.49% per year

Earnings have grown 21.4% per year over the past 5 years

Risk Analysis

Highly volatile share price over the past 3 months compared to the US market

Shareholders have been diluted in the past year

Significant insider selling over the past 3 months


Root, Inc. Competitors

Hamilton Insurance Group

NYSE:HG

US$1.9b

HCI Group

NYSE:HCI

US$1.3b

Skyward Specialty Insurance Group

NasdaqGS:SKWD

US$2.2b

Employers Holdings

NYSE:EIG

US$1.3b

Price History & Performance

Summary of all time highs, changes and price drops for Root
Historical stock prices
Current Share PriceUS$99.27
52 Week HighUS$118.15
52 Week LowUS$7.22
Beta2.35
11 Month Change39.80%
3 Month Change144.93%
1 Year Change701.53%
33 Year Change60.79%
5 Year Changen/a
Change since IPO-79.57%

Recent News & Updates

Root, Inc. (NASDAQ:ROOT) Stock Rockets 74% But Many Are Still Ignoring The Company

Nov 01
Root, Inc. (NASDAQ:ROOT) Stock Rockets 74% But Many Are Still Ignoring The Company

Root, Inc. Has Entered The World Of Profits (Rating Upgrade)

Nov 01

Recent updates

Root, Inc. (NASDAQ:ROOT) Stock Rockets 74% But Many Are Still Ignoring The Company

Nov 01
Root, Inc. (NASDAQ:ROOT) Stock Rockets 74% But Many Are Still Ignoring The Company

Root, Inc. Has Entered The World Of Profits (Rating Upgrade)

Nov 01

Root Inc. Q3 Earnings Preview: Loss Ratio Not Sustainable

Oct 24

Take Care Before Jumping Onto Root, Inc. (NASDAQ:ROOT) Even Though It's 36% Cheaper

Aug 19
Take Care Before Jumping Onto Root, Inc. (NASDAQ:ROOT) Even Though It's 36% Cheaper

Root Inc: Rising Insurer In A Competitive Space

Aug 11

Root, Inc. (NASDAQ:ROOT) Might Not Be As Mispriced As It Looks After Plunging 33%

Jun 19
Root, Inc. (NASDAQ:ROOT) Might Not Be As Mispriced As It Looks After Plunging 33%

Root, Inc.: Promising Embedded Strategy With Potential Nationwide Expansion

May 06

Not Many Are Piling Into Root, Inc. (NASDAQ:ROOT) Stock Yet As It Plummets 32%

May 05
Not Many Are Piling Into Root, Inc. (NASDAQ:ROOT) Stock Yet As It Plummets 32%

Root, Inc. (NASDAQ:ROOT) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

May 03
Root, Inc. (NASDAQ:ROOT) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

Small Cap Nuance With Courage & Conviction Investing

Mar 04

Root, Inc. (NASDAQ:ROOT) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

Feb 25
Root, Inc. (NASDAQ:ROOT) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

Root, Inc. Q4 Earnings: Current Price Requires Exceptional Growth

Feb 23

Investors Holding Back On Root, Inc. (NASDAQ:ROOT)

Jan 15
Investors Holding Back On Root, Inc. (NASDAQ:ROOT)

Industry Analysts Just Made A Sizeable Upgrade To Their Root, Inc. (NASDAQ:ROOT) Revenue Forecasts

Aug 10
Industry Analysts Just Made A Sizeable Upgrade To Their Root, Inc. (NASDAQ:ROOT) Revenue Forecasts

Root Insurance: Spiral Of Death But There Is Hope

Aug 16

Root Q2 2022 Earnings Preview

Aug 05

Root partners with 2 national football league teams, 1 major league baseball team

Jul 12

Root: Shares Up 53% Last Week And Still Trading Below Cash - But Avoid

Mar 21

Root Seeks Major Cost Reductions To Stanch High Losses

Jan 25

Root: 85% Down From IPO After Q3 Results, But Still Too Speculative

Nov 24

As Earnings Approach, A Buy-Write In Root Could Produce 12% Return In Under A Month

Oct 28

Shareholder Returns

ROOTUS InsuranceUS Market
7D-8.5%0.03%0.7%
1Y701.5%33.2%32.2%

Return vs Industry: ROOT exceeded the US Insurance industry which returned 34.5% over the past year.

Return vs Market: ROOT exceeded the US Market which returned 31.9% over the past year.

Price Volatility

Is ROOT's price volatile compared to industry and market?
ROOT volatility
ROOT Average Weekly Movement21.5%
Insurance Industry Average Movement4.2%
Market Average Movement6.3%
10% most volatile stocks in US Market16.4%
10% least volatile stocks in US Market3.1%

Stable Share Price: ROOT's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: ROOT's weekly volatility (21%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
2015680Alex Timmwww.joinroot.com

Root, Inc. provides insurance products and services in the United States. The company offers automobile, homeowners, and renters insurance products. It operates a direct-to-consumer model; and serves customers primarily through mobile applications, as well as through its website.

Root, Inc. Fundamentals Summary

How do Root's earnings and revenue compare to its market cap?
ROOT fundamental statistics
Market capUS$1.51b
Earnings (TTM)-US$15.70m
Revenue (TTM)US$1.04b

1.4x

P/S Ratio

-95.5x

P/E Ratio

Is ROOT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ROOT income statement (TTM)
RevenueUS$1.04b
Cost of RevenueUS$663.90m
Gross ProfitUS$380.70m
Other ExpensesUS$396.40m
Earnings-US$15.70m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-1.04
Gross Margin36.44%
Net Profit Margin-1.50%
Debt/Equity Ratio102.4%

How did ROOT perform over the long term?

See historical performance and comparison