Root Inc's fundamentals are relatively very healthy, with low ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 73 out of 116 in the Insurance industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 120.60.In the medium term, the stock price is expected to trend down.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Root Inc's Score
Industry at a Glance
Industry Ranking
73 / 116
Overall Ranking
263 / 4544
Industry
Insurance
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Negative
Root Inc Highlights
StrengthsRisks
Root, Inc. is a technology insurance company. It provides direct-to-consumer insurance products to customers. It offers auto and renters insurance products underwritten by Root Insurance Company and Root Property & Casualty. It primarily reaches customers through two channels: direct and partnership. The direct channel drives volume for high-intent customers, meeting customers on platforms that they use, such as search engines or select marketplace platforms, while actively shopping for insurance. The partnership channel provides differentiated access to high-intent customers, primarily in the automotive, financial services, and independent agent sectors. It provides automobile and renters insurance products primarily through its websites, mobile app, and partnership channel, including its embedded insurance product and its independent agent platform. It utilizes its platform to gather customer data in order to determine whether or not to write and how to price its insurance products.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 278.54% year-on-year.
Turnaround to Profit
The company's performance has turned profitable, with the latest annual net income of USD .
Overvalued
The company’s latest PE is 20.80, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 8.93M shares, decreasing 11.26% quarter-over-quarter.
Root, Inc. is a technology insurance company. It provides direct-to-consumer insurance products to customers. It offers auto and renters insurance products underwritten by Root Insurance Company and Root Property & Casualty. It primarily reaches customers through two channels: direct and partnership. The direct channel drives volume for high-intent customers, meeting customers on platforms that they use, such as search engines or select marketplace platforms, while actively shopping for insurance. The partnership channel provides differentiated access to high-intent customers, primarily in the automotive, financial services, and independent agent sectors. It provides automobile and renters insurance products primarily through its websites, mobile app, and partnership channel, including its embedded insurance product and its independent agent platform. It utilizes its platform to gather customer data in order to determine whether or not to write and how to price its insurance products.
Ticker SymbolROOT
CompanyRoot Inc
CEOTimm (Alexander E)
Websitehttps://joinroot.com/
FAQs
What is the current price of Root Inc (ROOT)?
The current price of Root Inc (ROOT) is 75.240.
What is the symbol of Root Inc?
The ticker symbol of Root Inc is ROOT.
What is the 52-week high of Root Inc?
The 52-week high of Root Inc is 181.140.
What is the 52-week low of Root Inc?
The 52-week low of Root Inc is 68.080.
What is the market capitalization of Root Inc?
The market capitalization of Root Inc is 1.17B.
What is the net income of Root Inc?
The net income of Root Inc is 29.20M.
Is Root Inc (ROOT) currently rated as Buy, Hold, or Sell?
According to analysts, Root Inc (ROOT) has an overall rating of Buy, with a price target of 120.600.
What is the Earnings Per Share (EPS TTM) of Root Inc (ROOT)?
The Earnings Per Share (EPS TTM) of Root Inc (ROOT) is 3.569.