Root Inc (NASDAQ:ROOT)’s traded shares stood at 1.11 million during the latest session, with the company’s beta value hitting 2.58. At the last check today, the stock’s price was $129.64, to imply an increase of 31.33% or $30.93 in intraday trading. The ROOT share’s 52-week high remains $141.23, putting it -8.94% down since that peak but still an impressive 84.4% since price per share fell to its 52-week low of $20.22.
Analysts have given a consensus recommendation of Hold for Root Inc (ROOT), translating to a mean rating of 2.20. Of 7 analyst(s) looking at the stock, 0 analyst(s) give ROOT a Sell rating. 0 of those analysts rate the stock as Overweight while 4 advise Hold as 3 recommend it as a Buy.
Root Inc (NASDAQ:ROOT) trade information
After registering a 31.33% upside in the latest session, Root Inc (ROOT) has traded red over the past five days. The 5-day price performance for the stock is 16.55%, and 57.01% over 30 days. With these gigs, the year-to-date price performance is 78.59%.
The extremes give us $13 and $234 for target low and target high price respectively. As such, ROOT has been trading -80.5% off suggested target high and 89.97% from its likely low.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -15.84% for the past 5-year period. While 2025 is set for a -107.09% return in earnings, projections for the next 5 years are at 2.20% annually.
ROOT Dividends
Root Inc has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
The next major institution holding the largest number of shares is HUNTINGTON NATIONAL BANK with 1.0 shares. As of the market price on 2024-06-30, these shares were worth $1.0.
We also have iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Root Inc (ROOT) shares. Going by data provided on Nov 30, 2024 , iShares Russell 2000 ETF holds roughly 261.23 shares. This is just over 2.44% of the total shares, with a market valuation of $33.43 million. Data from the same date shows that the other fund manager holds a little less at 230.29, or 2.15% of the shares, all valued at about 29.48 million.
