Wall Street predicts Root Inc (ROOT) stock to surge by 16.74%

Nora Barnes

Root Inc [ROOT] stock prices are up 3.06% to $85.83 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ROOT shares have gain 4.88% over the last week, with a monthly amount drifted -14.34%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Root Inc [NASDAQ: ROOT] stock has seen the most recent analyst activity on November 22, 2024, when JMP Securities downgraded its rating to a Mkt Perform. Previously, Jefferies upgraded its rating to Buy on March 01, 2024, and elevated its price target to $40. On February 26, 2024, upgrade upgraded it’s rating to Outperform and revised its price target to $22 on the stock. Cantor Fitzgerald upgraded its rating to a Overweight and increased its price target to $13 on February 22, 2024. TD Cowen initiated its recommendation with a Market Perform. Jefferies started tracking with a Hold rating for this stock on November 19, 2021, and assigned it a price target of $5.50. In a note dated November 15, 2021, Barclays downgraded an Underweight rating on this stock and revised its target price from $5 to $3.

The stock price of Root Inc [ROOT] has been fluctuating between $36.87 and $181.14 over the past year. Currently, Wall Street analysts expect the stock to reach $100.2 within the next 12 months. Root Inc [NASDAQ: ROOT] shares were valued at $85.83 at the most recent close of the market. An investor can expect a potential return of 16.74% based on the average ROOT price forecast.

Analyzing the ROOT fundamentals

The Root Inc [NASDAQ:ROOT] reported sales of 1.36B for trailing twelve months, representing a surge of 32.40%. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.4 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.82.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.

Ratios To Look Out For

It’s worth pointing out that Root Inc [NASDAQ:ROOT]’s Current Ratio is 3.20. Considering the valuation of this stock, the price to sales ratio is 0.97, the price to book ratio is 5.41 and price to earnings (TTM) ratio is 18.06.

Transactions by insiders

Recent insider trading involved Timm Alexander E., Chief Executive Officer, that happened on Sep 02 ’25 when 10861.0 shares were sold. President and CTO, Bonakdarpour Mahtiyar completed a deal on Sep 02 ’25 to sell 5750.0 shares. Meanwhile, Officer Timm Alexander E. bought 10861.0 shares on Sep 02 ’25.

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