With 0.56 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.54 million shares. During the session, the Insurance – Property & Casualty company that operates in wider Financial sector, reached to the highest price of $152.5101 whereas the lowest price it dropped to was $145.2. The 52-week range on ROOT shows that it touched its highest point at $154.52 and its lowest point at $34.04 during that stretch. It currently has a 1-year price target of $96.60. Beta for the stock currently stands at 2.37.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ROOT was up-trending over the past week, with a rise of 10.97%, but this was up by 16.59% over a month. Three-month performance surged to 97.74% while six-month performance rose 273.64%. The stock gained 225.91% in the past year, while it has gained 107.74% so far this year. A look at the trailing 12-month EPS for ROOT yields 1.57 with Next year EPS estimates of 0.81. For the next quarter, that number is 0.17. This implies an EPS growth rate of -123.07% for this year and 292.38% for next year.
Float and Shares Shorts:
At present, 11.10 million ROOT shares are outstanding with a float of 8.12 million shares on hand for trading. On 2025-02-28, short shares totaled 1.4 million, which was 924.0 higher than short shares on 1738281600. In addition to Mr. Alexander Edward Timm as the firm’s Co-Founder, CEO & Chairman, Mr. Mahtiyar Bonakdarpour serves as its President & CTO.
Institutional Ownership:
Through their ownership of 0.67117 of ROOT’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ROOT since 7 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ROOT analysts setting a high price target of 130.0 and a low target of 51.0, the average target price over the next 12 months is 96.6. Based on these targets, ROOT could drop -13.79% to reach the target high and fall by -66.18% to reach the target low. Reaching the average price target will result in a decline of -35.94% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.05227796 being high and -$0.05953867 being low. For ROOT, this leads to a yearly average estimate of -$0.0561. Based on analyst estimates, the high estimate for the next quarter is $0.03 and the low estimate is $0.03. The average estimate for the next quarter is thus $0.03.
