Root (Nasdaq:ROOT) - Stock Price, News & Analysis

ROOT Stock Overview

Root, Inc. provides insurance products and services in the United States.

ROOT fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	2/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Revenue is forecast to grow 28.25% per year

Earnings have grown 1.2% per year over the past 5 years

Risk Analysis

Highly volatile share price over the past 3 months

Shareholders have been diluted in the past year

Currently unprofitable and not forecast to become profitable over the next 3 years

Root, Inc. Competitors

Employers Holdings

NYSE:EIG

US$1.1b

AMERISAFE

NasdaqGS:AMSF

US$934.3m

Safety Insurance Group

NasdaqGS:SAFT

US$1.2b

Argo Group International Holdings

NYSE:ARGO

US$1.1b

Price History & Performance

Summary of all time highs, changes and price drops for Root
Historical stock prices
Current Share Price	US$53.72
52 Week High	US$85.99
52 Week Low	US$3.63
Beta	2.86
1 Month Change	-9.15%
3 Month Change	488.39%
1 Year Change	1,182.10%
3 Year Change	-70.74%
5 Year Change	n/a
Change since IPO	-88.95%

Small Cap Nuance With Courage & Conviction Investing

Mar 04

Recent updates

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. Q4 Earnings: Current Price Requires Exceptional Growth

Feb 23

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

Jan 15

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

Aug 10

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

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

Oct 28

Root: Major Reversals In Growth And Loss Ratio In Q2 Results

Aug 12

Root: An Insurtech Company Priced Like A Legacy Insurer

May 26

Root Q1 2021 Earnings Preview

May 04

Need To Know: Analysts Are Much More Bullish On Root, Inc. (NASDAQ:ROOT) Revenues

Mar 02

Analysts Have Made A Financial Statement On Root, Inc.'s (NASDAQ:ROOT) Annual Report

Mar 01

What Percentage Of Root, Inc. (NASDAQ:ROOT) Shares Do Insiders Own?

Jan 29

Root: An Overpriced Insurance Company At Its Root

Jan 11

Root EPS misses by $1.79, misses on revenue

Dec 01

Wells Fargo initiates auto insure-tech Root at Overweight

Nov 23

Root's IPO: Facing Challenges Revitalizing Insurance Sector

Nov 02

Root: Interesting Innovative Insurance Business

Oct 30

Shareholder Returns

	ROOT	US Insurance	US Market
7D	-30.1%	-1.2%	-3.7%
1Y	1,182.1%	20.7%	20.5%

Return vs Industry: ROOT exceeded the US Insurance industry which returned 22.4% over the past year.

Return vs Market: ROOT exceeded the US Market which returned 20.2% over the past year.

Price Volatility

Is ROOT's price volatile compared to industry and market?
ROOT volatility
ROOT Average Weekly Movement	24.7%
Insurance Industry Average Movement	4.1%
Market Average Movement	6.0%
10% most volatile stocks in US Market	16.4%
10% least volatile stocks in US Market	3.0%

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

Volatility Over Time: ROOT's weekly volatility has increased from 19% to 25% over the past year.

About the Company

Founded	Employees	CEO	Website
2015	680	Alex Timm	www.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 cap	US$896.68m
Earnings (TTM)	-US$147.40m
Revenue (TTM)	US$455.00m

1.7x

P/S Ratio

-5.3x

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)
Revenue	US$455.00m
Cost of Revenue	US$331.30m
Gross Profit	US$123.70m
Other Expenses	US$271.10m
Earnings	-US$147.40m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 30, 2024

Earnings per share (EPS)	-10.17
Gross Margin	27.19%
Net Profit Margin	-32.40%
Debt/Equity Ratio	107.7%

How did ROOT perform over the long term?

See historical performance and comparison

ROOT Stock Overview

Rewards

Risk Analysis

Root, Inc. Competitors

NYSE:EIG

US$1.1b

NasdaqGS:AMSF

US$934.3m

NasdaqGS:SAFT

US$1.2b

NYSE:ARGO

US$1.1b

Price History & Performance

Recent News & Updates

Root, Inc. Announces Executive Changes

Root, Inc. to Report Q1, 2024 Results on Apr 30, 2024

Co-Founder exercised options and sold US$601k worth of stock

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Consensus revenue estimates increase by 39%

Price target increased by 21% to US$13.13

Recent updates

Root, Inc. Announces Executive Changes

Root, Inc. to Report Q1, 2024 Results on Apr 30, 2024

Co-Founder exercised options and sold US$601k worth of stock

Small Cap Nuance With Courage & Conviction Investing

Consensus revenue estimates increase by 39%

Price target increased by 21% to US$13.13

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

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

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Root, Inc. Announces the Promotion of Matt Bonakdarpour to President and Chief Technology Officer

New minor risk - Insider selling

Root, Inc. to Report Q4, 2023 Results on Feb 21, 2024

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

Chief Administrative Officer recently sold US$57k worth of stock

Chief Administrative Officer notifies of intention to sell stock

Chief Technology Officer recently bought US$176k worth of stock

Consensus revenue estimates increase by 25%, EPS downgraded

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Root, Inc. Appoints Donna Dorsey to the Board of Directors

Root, Inc. to Report Q3, 2023 Results on Nov 01, 2023

Chief Technology Officer recently bought US$163k worth of stock

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

Consensus revenue estimates increase by 10%

Root, Inc. Provides Earnings Guidance for the Year 2023

New minor risk - Shareholder dilution

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Root, Inc. Provides Earnings Guidance for the Year 2023

Root, Inc. to Report Q2, 2023 Results on Aug 02, 2023

Root Reportedly Receives Takeover Bid from Embedded

New major risk - Share price stability

Root, Inc. Announces Executive Changes

Consensus estimates of losses per share improve by 16%

First quarter 2023 earnings: Revenues exceed analyst expectations

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target decreased by 24% to US$9.50

Root, Inc. to Report Q4, 2022 Results on Feb 22, 2023

Nick Shalek Announces to Resign from Root, Inc.'S Board of Directors, and Its Compensation Committee, Effective Immediately

High number of new directors

Third quarter 2022 earnings released: US$4.54 loss per share (vs US$9.57 loss in 3Q 2021)

Price target decreased to US$29.31

Root, Inc. to Report Q3, 2022 Results on Nov 09, 2022

Consensus forecasts updated

Root Insurance: Spiral Of Death But There Is Hope

Price target decreased to US$2.39

Second quarter 2022 earnings: EPS exceeds analyst expectations

Root Q2 2022 Earnings Preview

Price target decreased to US$2.65

Root, Inc. to Report Q2, 2022 Results on Aug 08, 2022

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

Root, Inc. Appoints Julie Szudarek to its Board of Directors and Audit, Risk, and Finance Committee

Root, Inc. Appoints Julie Szudarek to Board of Directors and Will Serve on Root’s Audit, Risk, and Finance Committee

Consensus revenue estimates increase by 11%

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

High number of new directors

Root, Inc. to Report Q1, 2022 Results on Apr 27, 2022

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

Consensus forecasts updated

Root, Inc. Welcomes Beth Birnbaum as New Board Member

Price target decreased to US$5.11