Root Inc Stock Today

ROOT Stock  USD 108.44  0.79  0.72%   

Performance

14 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 21

 
High
 
Low
Low
Root is selling for under 108.44 as of the 25th of November 2024; that is 0.72 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 104.82. Root has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat good performance during the last 90 days. Equity ratings for Root Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Insurance
IPO Date
28th of October 2020
Category
Financial Services
Classification
Financials
Root, Inc. provides insurance products and services in the United States. The company was incorporated in 2015 and is headquartered in Columbus, Ohio. Root operates under InsuranceProperty Casualty classification in the United States and is traded on NASDAQ Exchange. The company has 10.7 M outstanding shares of which 1.49 M shares are at this time shorted by private and institutional investors with about 1.88 trading days to cover. More on Root Inc

Moving together with Root Stock

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Moving against Root Stock

  0.34CB ChubbPairCorr

Root Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President CTOMahtiyar Bonakdarpour
Business ConcentrationProperty & Casualty Insurance, Insurance - Property & Casualty, Financial Services, NASDAQ Composite, Financials, Insurance, Insurance—Property & Casualty, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.220.3376
Way Down
Slightly volatile
Total Current Liabilities115 M224.2 M
Way Down
Slightly volatile
Non Current Liabilities Total1.1 B1.1 B
Sufficiently Up
Slightly volatile
Total Assets1.2 B1.3 B
Significantly Down
Slightly volatile
Total Current Assets942.3 M678.7 M
Significantly Up
Slightly volatile
Debt Levels
Root can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Root's financial leverage. It provides some insight into what part of Root's total assets is financed by creditors.
Liquidity
Root Inc currently holds 299 M in liabilities with Debt to Equity (D/E) ratio of 0.58, which is about average as compared to similar companies. Root Inc has a current ratio of 3.84, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Root's use of debt, we should always consider it together with its cash and equity.

Total Cashflows From Investing Activities

(20.04 Million)
Root Inc (ROOT) is traded on NASDAQ Exchange in USA. It is located in 80 East Rich Street, Columbus, OH, United States, 43215 and employs 680 people. Root is listed under Property & Casualty Insurance category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.65 B. Root Inc conducts business under Insurance sector and is part of Financials industry. The entity has 10.7 M outstanding shares of which 1.49 M shares are at this time shorted by private and institutional investors with about 1.88 trading days to cover. Root Inc currently holds about 886.1 M in cash with (33.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 62.55.
Check Root Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Root Inc is $1.65 Billion. Over half of Root's outstanding shares are owned by third-party entities. These third-party entities are typically referred to as corporate investors that secure positions in a given instrument to benefit from reduced trade commissions. Note, that even with negative profits, if the true value of the company is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Root Ownership Details

Root Stock Institutional Holders

InstituionRecorded OnShares
Renaissance Technologies Corp2024-09-30
185.8 K
Driehaus Capital Management Llc2024-06-30
177.4 K
State Street Corp2024-06-30
176.4 K
Dragoneer Investment Group, Llc2024-09-30
154.3 K
Trexquant Investment Lp2024-06-30
145.6 K
Jpmorgan Chase & Co2024-06-30
114.2 K
Lakewood Capital Management, Lp2024-09-30
94.2 K
Cubist Systematic Strategies, Llc2024-09-30
90.1 K
Qube Research & Technologies2024-06-30
78.6 K
Ribbit Management Company, Llc2024-09-30
1.7 M
Svb Financial Group2024-06-30
783 K
View Root Diagnostics

Root Historical Income Statement

At this time, Root's Interest Income is comparatively stable compared to the past year. Selling And Marketing Expenses is likely to gain to about 87.6 M in 2024, whereas Interest Expense is likely to drop slightly above 37 M in 2024. View More Fundamentals

Root Stock Against Markets

Root Corporate Management

Tom KuhnDirector CommunicationsProfile
Jason ShapiroSenior DevelopmentProfile
Michele StreitmatterChief OfficerProfile
Jonathan AllisonChairman CounselProfile
Robert BatemanChief OfficerProfile
Daniel MangesCoFounder AdvisorProfile

Additional Tools for Root Stock Analysis

When running Root's price analysis, check to measure Root's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Root is operating at the current time. Most of Root's value examination focuses on studying past and present price action to predict the probability of Root's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Root's price. Additionally, you may evaluate how the addition of Root to your portfolios can decrease your overall portfolio volatility.