In the last trading session, 1.06 million shares of the Root Inc (NASDAQ:ROOT) were traded, and its beta was 2.49. Most recently the company’s share price was $127.58, and it changed around -$7.59 or -5.62% from the last close, which brings the market valuation of the company to $1.94B. ROOT currently trades at a discount to its 52-week high of $141.23, offering almost -10.7% off that amount. The share price’s 52-week low was $27.24, which indicates that the current value has risen by an impressive 78.65% since then.

Root Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.20. If we narrow it down even further, the data shows that 0 out of 6 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 4 recommended ROOT as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Root Inc is expected to report earnings per share of 0.03 for the current quarter.

Root Inc (NASDAQ:ROOT) trade information

Instantly ROOT has showed a red trend with a performance of -5.62% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 142.72 on recent trading dayincreased the stock’s daily price by 10.61%. The company’s shares are currently up 75.75% year-to-date, but still up 28.43% over the last five days. On the other hand, Root Inc (NASDAQ:ROOT) is 30.65% up in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $90, which translates to bulls needing to decrease their stock price by -41.76% from its current value. Analyst projections state that ROOT is forecast to be at a low of $13 and a high of $234.

Root Inc (ROOT) estimates and forecasts

The year-over-year growth rate is expected to be 5.89%, up from the previous year.

Consensus estimates provided by 3 financial analysts predict the company will bring in an average of 301.9M in revenue for the current quarter. 3 analysts expect Root Inc to make 309.5M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 254.9M and 289.2M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 18.44%. Forecasts for the next quarter put sales growth at 7.02%.

Root Inc earnings are expected to increase by -123.07% in 2025, but the outlook is negative -7.47% per year for the next five years.

ROOT Dividends

Root Inc’s next quarterly earnings report is expected to be released in April.