What is the potential upside for roots'stock price?
On average, they expect Roots' stock price to reach C$4.96 in the next year. This suggests a possible upside of 54.5% from the stock's current price. View analysts' price targets for Roots or view top-rated stocks among Wall Street analysts. Who are Roots' key executives? Who are some of Roots' key competitors?
What are root's stock price targets for the next year?
12 brokerages have issued 12-month price targets for Root's stock. Their forecasts range from $3.00 to $13.00. On average, they anticipate Root's stock price to reach $6.88 in the next year. This suggests a possible upside of 263.8% from the stock's current price.
How do I buy shares of root?
Shares of ROOT and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.
Who bought root stock?
ROOT stock was sold by a variety of institutional investors in the last quarter, including Cutler Group LP, and Kestra Advisory Services LLC. View insider buying and selling activity for Root or view top insider-selling stocks. How do I buy shares of Root? Shares of ROOT can be purchased through any online brokerage account.
Should I buy or sell Roots stock right now?
6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Roots in the last year. There are currently 5 hold ratin...
What is Roots' stock price forecast for 2022?
6 equities research analysts have issued 12 month price targets for Roots' shares. Their forecasts range from C$4.50 to C$6.00. On average, they ex...
How has Roots' stock performed in 2022?
Roots' stock was trading at C$3.19 at the beginning of 2022. Since then, ROOT stock has increased by 2.2% and is now trading at C$3.26. View the b...
When is Roots' next earnings date?
Roots is scheduled to release its next quarterly earnings announcement on Tuesday, June 14th 2022. View our earnings forecast for Roots .
Who are Roots' key executives?
Roots' management team includes the following people: Ms. Meghan Roach , CEO, Pres & Director Ms. Mona Kennedy , Chief Financial Officer Ms. Kar...
Who are some of Roots' key competitors?
Some companies that are related to Roots include Footasylum (FOOT) , Moss Bros Group (MOSB) , Tom Tailor (TTI) , Reitmans (RET) , Bonmarche (B...
What other stocks do shareholders of Roots own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Roots investors own include Canfor (CFP) , Premium Brands...
What is Roots' stock symbol?
Roots trades on the Toronto Stock Exchange (TSX) under the ticker symbol "ROOT."
How do I buy shares of Roots?
Shares of ROOT and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadia...
Should I buy or sell Root stock right now?
11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Root in the last twelve months. There are currently 1 sell ratin...
What is Root's stock price forecast for 2022?
11 Wall Street analysts have issued 1 year price targets for Root's shares. Their forecasts range from $1.50 to $12.00. On average, they anticipate...
How has Root's stock price performed in 2022?
Root's stock was trading at $3.10 at the beginning of the year. Since then, ROOT shares have decreased by 60.3% and is now trading at $1.23. View...
When is Root's next earnings date?
Root is scheduled to release its next quarterly earnings announcement on Wednesday, August 10th 2022. View our earnings forecast for Root .
How were Root's earnings last quarter?
Root, Inc. (NASDAQ:ROOT) announced its quarterly earnings data on Wednesday, November, 10th. The company reported ($0.53) earnings per share for th...
Who are Root's key executives?
Root's management team includes the following people: Mr. Alexander Edward Timm , Co-Founder, CEO & Director (Age 33, Pay $718.47k) Mr. Daniel C...
Who are some of Root's key competitors?
Some companies that are related to Root include First Commonwealth Financial (FCF) , KKR Real Estate Finance Trust (KREF) , Empire State Realty...
When did Root IPO?
(ROOT) raised $569 million in an IPO on Wednesday, October 28th 2020. The company issued 24,200,000 shares at a price of $22.00-$25.00 per share. G...
What is Root's stock symbol?
Root trades on the NASDAQ under the ticker symbol "ROOT."
When is Roots earnings call 2021?
NEW YORK, NY / ACCESSWIRE / April 8, 2021 / Roots Corp. (OTC PINK:RROTF) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on April 8 , 2021 at 8:00 AM Eastern Time.
What is Roots Canada?
Roots, ("Roots," "Roots Canada" or the "Company") (TSX: ROOT) a purpose driven outdoor-lifestyle brand with nearly 50 years of history, and Révolutionnaire, a mission based organization focused on inclusivity and social justice, announce their latest collaboration, Révolutionnaire by Roots. This year-long collaboration began in February 2021 with the "Dreams Fuel Revolutions" t-shirt and continues with a line of premium fleece in six colorways as well as limited edition leather jackets and bags.
When will the company release its fiscal 2020 results?
Company to issue its Fiscal 2020 year-end and fourth quarter results press release on Thursday, April 8, 2021 at 7:00 a. ET with a conference call to follow at 8:00 a.
Where does Roots trade?
Roots trades on the Toronto Stock Exchange (TSX) under the ticker symbol "ROOT."
What is Roots' rating?
Roots has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 2 buy ratings, 5 hold ratings, and no sell ratings.
What is the P/E ratio of root?
The P/E ratio of Roots is 8.12, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 13.15.
What is Roots Corporation?
Roots Corporation, together with its subsidiaries, provides apparel, leather goods, footwear, and accessories under the Roots brand in Canada and internationally. The company operates through two segments, Direct-To-Consumer, and Partners and Other. The Direct-to-Consumer segment sells products through the company's corporate retail stores and e-commerce. The Partners and Other segment primarily engages in the wholesale of Roots branded products to the company's international operating partners. This segment is also involved in licensing Roots brand to manufacturing partners; and wholesaling Roots branded products to retail partners. As of January 30, 2021, it operated 111 corporate retail stores in Canada, two corporate retail stores in the United States, 117 partner-operated stores in Taiwan, 26 partner-operated stores in China, and two partner-operated stores in Hong Kong, as well as an eCommerce platform and partner-operated eCommerce channels in Taiwan and mainland China. W. Roots Corporation was founded in 1973 and is headquartered in Toronto, Canada.
How many hold ratings are there for Roots?
There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" Roots stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ROOT, but not buy additional shares or sell existing shares.
Is Roots a hold stock?
Wall Street analysts have given Roots a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Roots wasn't one of them.
Does Roots pay dividends?
Roots does not currently pay a dividend.
What is Root Insurance?
About Root Insurance: Root Insurance is the nation’s first licensed insurance carrier powered entirely by mobile.
Does Root Inc. cut marketing expenses?
Root Inc. has slashed marketing expenses by 40% from earlier in the year in favor of more efficient ways to get its digital policies in front of car buyers – such as its exclusive partnership with Carvana Co.
Is Root Insurance available in Wisconsin?
(NASDAQ: ROOT), the parent company of Root Insurance Company, today announced its entry into Wisconsin. Root is now available to the 4.3 million drivers in Wisconsin, making it the company’s 31st state. A fellow Midwesterner, Root was founded in Columbus, Ohio, and is thrilled to be available in more Great Lakes states. Roo
About Root
Root, Inc. provides insurance products and services in the United States. The company offers auto, homeowners, and renters insurance products. The company operates a direct-to-consumer model and serves customers primarily through mobile applications, as well as through its website.
Headlines
The Secret to This Glazed Holiday Ham? Root Beer. - The New York Times
Root (NASDAQ:ROOT) Frequently Asked Questions
12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Root in the last year. There are currently 2 sell ratings, 8 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Root stock.
Key Points
Root is forming partnerships that could be key to growing its business.
NASDAQ: ROOT
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The insurance technology upstart is giving off mixed signals
Wall Street usually loves a good disruptor, but it has been snubbing tech-powered auto insurance company Root ( ROOT 12.80% ). Since Root opened trading last October at $26, its stock price has steadily decreased. Shares are trading at just over $6 at recent prices, down 76% from where they debuted.
The digital insurance revolution
Insurance is one of the last business areas to face disruption by technology. It's dominated by a group of huge, old companies, and people generally don't love the process of purchasing policies, nor are they usually thrilled with the ones they get. Root wants to change that.
NASDAQ: ROOT
Root changes that by using a telematics system to collect data about each individual policyholder's driving behavior, assessing the degree of risk that person brings to the table, and basing the price it charges them on the results.
Strong signs of growth
In the second quarter, Root's direct written premiums (that is, total premiums sold) increased by 24% year over year to $177 million, and that metric has been growing nicely over time.
Challenges to overcome
Aside from the entrenched competition from traditional insurers such as State Farm and Allstate, fellow insurance technology company Lemonade is adding auto insurance to its lineup of renters' and homeowner's policies. That will pit two similar companies -- touting the same benefits -- against each other.
