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Root NasdaqGS:ROOT Stock Report

Last Price

US$38.25

Market Cap

US$573.8m

7D

-11.8%

1Y

240.3%

Updated

08 Sep, 2024

Data

Company Financials +

Root, Inc.

NasdaqGS:ROOT Stock Report

Market Cap: US$573.8m

ROOT Stock Overview

Provides insurance products and services in the United States.

About the company

ROOT fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance0/6
Financial Health5/6
Dividends0/6

Rewards

Revenue is forecast to grow 16.57% per year
Earnings have grown 17.4% per year over the past 5 years
Trading at good value compared to peers and industry

Risk Analysis

Volatile share price over the past 3 months
Currently unprofitable and not forecast to become profitable over the next 3 years
Shareholders have been diluted in the past year
Significant insider selling over the past 3 months

Root, Inc. Competitors

Tiptree

NasdaqCM:TIPT

US$687.2m

Universal Insurance Holdings

NYSE:UVE

US$591.0m

Ambac Financial Group

NYSE:AMBC

US$511.4m

Donegal Group

NasdaqGS:DGIC.A

US$494.1m

Price History & Performance

Summary of all time highs, changes and price drops for Root
Historical stock prices
Current Share PriceUS$38.25
52 Week HighUS$86.57
52 Week LowUS$7.22
Beta2.54
11 Month Change-17.10%
3 Month Change-21.28%
1 Year Change240.30%
33 Year Change-66.85%
5 Year Changen/a
Change since IPO-92.13%

Recent News & Updates

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

Recent updates

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

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

Shareholder Returns

ROOTUS InsuranceUS Market
7D-11.8%-1.5%-4.4%
1Y240.3%33.6%19.1%

Return vs Industry: ROOT exceeded the US Insurance industry which returned 33.6% over the past year.

Return vs Market: ROOT exceeded the US Market which returned 19.1% over the past year.

Price Volatility

Is ROOT's price volatile compared to industry and market?
ROOT volatility
ROOT Average Weekly Movement11.7%
Insurance Industry Average Movement4.1%
Market Average Movement6.3%
10% most volatile stocks in US Market14.9%
10% least volatile stocks in US Market3.1%

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

Volatility Over Time: ROOT's weekly volatility (12%) 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$573.75m
Earnings (TTM)-US$83.80m
Revenue (TTM)US$854.20m

0.7x

P/S Ratio

-6.8x

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$854.20m
Cost of RevenueUS$565.20m
Gross ProfitUS$289.00m
Other ExpensesUS$372.80m
Earnings-US$83.80m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-5.59
Gross Margin33.83%
Net Profit Margin-9.81%
Debt/Equity Ratio114.0%

How did ROOT perform over the long term?

See historical performance and comparison