The company's fundamentals are relatively very healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite a weak stock market performance, 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
53 / 118
Overall Ranking
206 / 4593
Industry
Insurance
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
6
analysts
Buy
Current Rating
120.600
Target Price
+74.71%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Root Inc Highlights
StrengthsRisks
Root, Inc. is a holding company. The Company operates through its subsidiaries, including Root Insurance Company, Root Property & Casualty Insurance Company and Root Reinsurance Company, Ltd. The Company is a technology insurance company operating a direct-to-consumer model with its personal insurance customers acquired through mobile apps. It offers auto and renters insurance products underwritten by Root Insurance Company and Root Property & Casualty. The Company, by collecting and synthesizing sensory behavioral data across thousands of driving variables, including distracted driving, it strives to price auto insurance based more on causality than correlation. It uses telematics, mobile technology and its digital platform to collect data points that it evaluates in pricing and underwriting certain of its insurance policies, managing claims and customer support, and improving business processes. Its primary focus is on the United States auto insurance market.
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 21.17, at a high 3-year percentile range.
Institutional Buying
The latest institutional holdings are 9.67M shares, increasing 3.62% quarter-over-quarter.
Root, Inc. is a holding company. The Company operates through its subsidiaries, including Root Insurance Company, Root Property & Casualty Insurance Company and Root Reinsurance Company, Ltd. The Company is a technology insurance company operating a direct-to-consumer model with its personal insurance customers acquired through mobile apps. It offers auto and renters insurance products underwritten by Root Insurance Company and Root Property & Casualty. The Company, by collecting and synthesizing sensory behavioral data across thousands of driving variables, including distracted driving, it strives to price auto insurance based more on causality than correlation. It uses telematics, mobile technology and its digital platform to collect data points that it evaluates in pricing and underwriting certain of its insurance policies, managing claims and customer support, and improving business processes. Its primary focus is on the United States auto insurance market.
Ticker SymbolROOT
CompanyRoot Inc
CEOMr. Alexander E. (Alex) Timm
Websitehttps://joinroot.com/
FAQs
What is the current price of Root Inc (ROOT)?
The current price of Root Inc (ROOT) is 75.540.
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 68.480.
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.