In last trading session, Root Inc (NASDAQ:ROOT) saw 0.43 million shares changing hands with its beta currently measuring 2.59. Company’s recent per share price level of $100.21 trading at -$11.02 or -9.91% at ring of the bell on the day assigns it a market valuation of $1.51B. That closing price of ROOT’s stock is at a discount of -40.93% from its 52-week high price of $141.23 and is indicating a premium of 91.42% from its 52-week low price of $8.60.
For Root Inc (ROOT), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 2.33. Splitting up the data highlights that, out of 7 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 4 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.38 in the current quarter.
Root Inc (NASDAQ:ROOT) trade information
Upright in the red during last session for losing -9.91%, in the last five days ROOT remained trading in the red while hitting it’s week-highest on Friday, 02/14/25 when the stock touched $100.21 price level, adding 28.66% to its value on the day. Root Inc’s shares saw a change of 38.05% in year-to-date performance and have moved -27.58% in past 5-day. Root Inc (NASDAQ:ROOT) showed a performance of 23.44% in past 30-days.
Wall Street analysts have assigned a consensus price target of 90 to the stock, which implies a fall of -11.34% to its current value. Analysts have been projecting 13 as a low price target for the stock while placing it at a high target of 234. It follows that stock’s current price would jump 87.03% in reaching the projected high whereas dropping to the targeted low would mean a gain of 87.03% for stock’s current value.
Root Inc (ROOT) estimates and forecasts
This year revenue growth is estimated to rise 149.62% from the last financial year’s standing.
5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 287.79M for the same. And 4 analysts are in estimates of company making revenue of 292.74M in the next quarter. Company posted 194.8M and 254.9M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -15.84% during past 5 years.
Root Inc (NASDAQ:ROOT)’s Major holders
TRINITY FINANCIAL ADVISORS LLC is the top institutional holder at ROOT for having 9935.0 shares of worth $0.51 million. And as of 2024-06-30, it was holding 0.068 of the company’s outstanding shares.
On the other hand, iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Nov 30, 2024 , the former fund manager was holding 261.23 shares of worth $26.18 million or 2.44% of the total outstanding shares. The later fund manager was in possession of 230.29 shares on Sep 30, 2024 , making its stake of worth around $23.08 million in the company or a holder of 2.15% of company’s stock.
