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  1. 5 days ago · Root has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on 3 buy ratings, 4 hold ratings, and no sell ratings. Amount of Analyst Coverage. Root has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

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  2. Sep 24, 2023 · In 2022, Root spent $48 million on sales and marketing compared to $270.2 million in 2021. As of December 31, 2022, Root had $762.1 million in cash and cash equivalents, of which $559.2 million was held outside of regulated insurance entities. Root also had $128.8 million in marketable securities.

  3. Sep 10, 2021 · Conference Call and Webcast Information Roots will hold a conference call to discuss the Company's fiscal 2021 second quarter results on September 10, 2021, at 8:00 a.m. ET. All interested parties can join the call by dialing 416-764-8659 or 1-888-664-6392 and using conference ID: 54910265. Please dial in 15 minutes prior to the call to secure ...

  4. Mar 21, 2022 · We review our Hold rating on Root ... best week since November 2020. Root's fundamentals have ... $92m in Q4 2021 and guided to be $200m in H1 2022, Root likely has sufficient liquidity to run its ...

  5. Jan 6, 2022 · Here is what could shape ROOT’s performance in the near term: Inadequate Financials. ROOT’s revenue increased 85.7% year-over-year to $93.8 million for the third quarter, ended Sept. 30, 2021. However, its operating loss grew 93.2% from its year-ago value to $126.9 million. Its operating expenses rose 89.9% year-over-year to 220.7 million.

  6. Oct 11, 2024 · According to the 8 analysts' twelve-month price targets for Root, the average price target is $55.63. The highest price target for ROOT is $90.00, while the lowest price target for ROOT is $12.00. The average price target represents a forecasted upside of 30.15% from the current price of $42.74.

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  8. Oct 11, 2024 · About ROOT. Root, Inc. provides insurance products and services in the United States. The company offers automobile, homeowners, and renters insurance products. It operates a direct-to-consumer model; and serves customers primarily through mobile applications, as well as through its website.