Root Future Growth
Future criteria checks 4/6
Root is forecast to grow earnings and revenue by 119.5% and 10.7% per annum respectively. EPS is expected to grow by 88.4% per annum. Return on equity is forecast to be 1.3% in 3 years.
Key information
119.5%
Earnings growth rate
88.4%
EPS growth rate
Insurance earnings growth | 11.7% |
Revenue growth rate | 10.7% |
Future return on equity | 1.3% |
Analyst coverage | Good |
Last updated | 22 Nov 2024 |
Recent future growth updates
Recent updates
Root, Inc. (NASDAQ:ROOT) Stock Rockets 74% But Many Are Still Ignoring The Company
Nov 01Root, Inc. Has Entered The World Of Profits (Rating Upgrade)
Nov 01Root Inc. Q3 Earnings Preview: Loss Ratio Not Sustainable
Oct 24Take Care Before Jumping Onto Root, Inc. (NASDAQ:ROOT) Even Though It's 36% Cheaper
Aug 19Root Inc: Rising Insurer In A Competitive Space
Aug 11Root, Inc. (NASDAQ:ROOT) Might Not Be As Mispriced As It Looks After Plunging 33%
Jun 19Root, Inc.: Promising Embedded Strategy With Potential Nationwide Expansion
May 06Not Many Are Piling Into Root, Inc. (NASDAQ:ROOT) Stock Yet As It Plummets 32%
May 05Root, Inc. (NASDAQ:ROOT) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates
May 03Small Cap Nuance With Courage & Conviction Investing
Mar 04Root, Inc. (NASDAQ:ROOT) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates
Feb 25Root, Inc. Q4 Earnings: Current Price Requires Exceptional Growth
Feb 23Investors Holding Back On Root, Inc. (NASDAQ:ROOT)
Jan 15Industry Analysts Just Made A Sizeable Upgrade To Their Root, Inc. (NASDAQ:ROOT) Revenue Forecasts
Aug 10Root Insurance: Spiral Of Death But There Is Hope
Aug 16Root Q2 2022 Earnings Preview
Aug 05Root partners with 2 national football league teams, 1 major league baseball team
Jul 12Root: Shares Up 53% Last Week And Still Trading Below Cash - But Avoid
Mar 21Root Seeks Major Cost Reductions To Stanch High Losses
Jan 25Root: 85% Down From IPO After Q3 Results, But Still Too Speculative
Nov 24As Earnings Approach, A Buy-Write In Root Could Produce 12% Return In Under A Month
Oct 28Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
12/31/2026 | 1,403 | 20 | 234 | N/A | 5 |
12/31/2025 | 1,237 | -4 | 199 | N/A | 6 |
12/31/2024 | 1,136 | 1 | 180 | N/A | 6 |
9/30/2024 | 1,045 | -16 | 163 | 173 | N/A |
6/30/2024 | 854 | -84 | 129 | 138 | N/A |
3/31/2024 | 640 | -113 | 55 | 65 | N/A |
12/31/2023 | 455 | -147 | -43 | -34 | N/A |
9/30/2023 | 332 | -182 | -135 | -126 | N/A |
6/30/2023 | 290 | -202 | -209 | -200 | N/A |
3/31/2023 | 296 | -261 | -252 | -243 | N/A |
12/31/2022 | 311 | -298 | -221 | -211 | N/A |
9/30/2022 | 333 | -349 | -216 | -203 | N/A |
6/30/2022 | 353 | -416 | -295 | -282 | N/A |
3/31/2022 | 362 | -499 | -377 | -364 | N/A |
12/31/2021 | 345 | -521 | -415 | -403 | N/A |
9/30/2021 | 303 | -544 | -574 | -557 | N/A |
6/30/2021 | 260 | -497 | -468 | -451 | N/A |
3/31/2021 | 291 | -357 | -347 | -332 | N/A |
12/31/2020 | 347 | -363 | -303 | -287 | N/A |
9/30/2020 | 402 | -315 | -159 | -149 | N/A |
6/30/2020 | 432 | -330 | -162 | -152 | N/A |
3/31/2020 | 362 | -339 | -166 | -154 | N/A |
12/31/2019 | 290 | -282 | -139 | -127 | N/A |
12/31/2018 | 43 | -69 | -30 | -26 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ROOT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.6%).
Earnings vs Market: ROOT is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: ROOT is expected to become profitable in the next 3 years.
Revenue vs Market: ROOT's revenue (10.7% per year) is forecast to grow faster than the US market (9% per year).
High Growth Revenue: ROOT's revenue (10.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ROOT's Return on Equity is forecast to be low in 3 years time (1.3%).