At the time of writing, Root Inc [ROOT] stock is trading at $88.82, up 12.17%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ROOT shares have gain 13.23% over the last week, with a monthly amount glided 8.53%, and 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 an 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.
For the past year, the stock price of Root Inc fluctuated between $68.48 and $181.14. Currently, Wall Street analysts expect the stock to reach $100.2 within the next 12 months. Root Inc [NASDAQ: ROOT] shares were valued at $88.82 at the most recent close of the market. An investor can expect a potential return of 12.81% based on the average ROOT price forecast.
Analyzing the ROOT fundamentals
According to Root Inc [NASDAQ:ROOT], the company’s sales were 1.36B for trailing twelve months, which represents an 32.40% jump. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.82.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 83.88 points at the first support level, and at 78.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 91.98, and for the 2nd resistance point, it is at 95.14.
Ratios To Look Out For
It is important to note that Root Inc [NASDAQ:ROOT] has a current ratio of 3.20. Considering the valuation of this stock, the price to sales ratio is 1.01, the price to book ratio is 5.59 and price to earnings (TTM) ratio is 18.69.
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.
