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Root Inc (ROOT)

Upturn stock ratingUpturn stock rating
Root Inc
$99.06
Delayed price
Profit since last BUY39.5%
Strong Buy
upturn advisory
BUY since 19 days
  • BUY Advisory
  • Profitable SELL
  • Loss-Inducing SELL
  • Profit
  • Loss ​
  • PASS (Skip invest)*​ ​
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK
Time period over

Upturn Advisory Summary

11/27/2024: ROOT (5-star) is a STRONG-BUY. BUY since 19 days. Profits (39.50%). Updated daily EoD!

Analysis of Past Performance​

Type: Stock
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Today’s Advisory: Strong Buy
Historic Profit: 182.24%
Upturn Advisory Performance Upturn Advisory Performance3
Avg. Invested days: 36
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Stock Returns Performance Upturn Returns Performance 5
Last Close 11/27/2024
Type: Stock
Today’s Advisory: Strong Buy
Historic Profit: 182.24%
Avg. Invested days: 36
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Stock Returns Performance Upturn Returns Performance 5
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 11/27/2024
Upturn Advisory Performance Upturn Advisory Performance3

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.23B USD
Price to earnings Ratio -
1Y Target Price 72.8
Dividends yield (FY) -
Basic EPS (TTM) -1.15
Volume (30-day avg) 1102269
Beta 2.35
52 Weeks Range 7.22 - 113.22
Updated Date 12/12/2024
Company Size Small-Cap Stock
Market Capitalization 1.23B USD
Price to earnings Ratio -
1Y Target Price 72.8
Dividends yield (FY) -
Basic EPS (TTM) -1.15
Volume (30-day avg) 1102269
Beta 2.35
52 Weeks Range 7.22 - 113.22
Updated Date 12/12/2024

Earnings Date

Report Date -
When -
Estimate -
Actual -
Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -1.5%
Operating Margin (TTM) 11.25%

Management Effectiveness

Return on Assets (TTM) 1.48%
Return on Equity (TTM) -5.21%

Valuation

Trailing PE -
Forward PE 3.65
Enterprise Value 856448000
Price to Sales(TTM) 1.18
Enterprise Value to Revenue 0.82
Enterprise Value to EBITDA -
Shares Outstanding 10700000
Shares Floating 9338142
Percent Insiders 5.48
Percent Institutions 70.02
Trailing PE -
Forward PE 3.65
Enterprise Value 856448000
Price to Sales(TTM) 1.18
Enterprise Value to Revenue 0.82
Enterprise Value to EBITDA -
Shares Outstanding 10700000
Shares Floating 9338142
Percent Insiders 5.48
Percent Institutions 70.02

Analyst Ratings

Rating 3.5
Target Price 9.65
Buy 1
Strong Buy 1
Hold 4
Sell -
Strong Sell -
Rating 3.5
Target Price 9.65
Buy 1
Strong Buy 1
Hold 4
Sell -
Strong Sell -

AI Summarization

Root Inc. Comprehensive Overview

Company Profile:

History and Background:

  • Founded in 2015 as Root Insurance Company
  • Initially focused on telematics-based car insurance
  • IPO in October 2020, ticker symbol ROOT
  • Expanded product offerings to renters insurance and home insurance

Core Business Areas:

  • Personal lines insurance: car, renters, home
  • Telematics-based pricing: uses driving data to personalize premiums
  • Focus on technology and user experience

Leadership and Corporate Structure:

  • CEO: Alex Timm
  • President: Mark Breading
  • Headquartered in Columbus, Ohio
  • Board of Directors includes experienced industry leaders

Top Products and Market Share:

  • Car Insurance:
    • Market share: approximately 1.4% in the US (2023)
    • Known for competitive pricing and user-friendly mobile app
    • Faces stiff competition from established insurers and new insurtech startups
  • Renters Insurance:
    • Market share: limited data available, but growing rapidly
    • Competitive rates and convenient online enrollment
  • Home Insurance:
    • Launched in June 2023, early stage of development

Total Addressable Market:

  • US car insurance market: $300 billion (2023)
  • US renters insurance market: $30 billion (2023)
  • US home insurance market: $150 billion (2023)

Financial Performance:

  • Revenue: $1.3 billion (2022), $1.6 billion (2023) (estimated)
  • Net income: -$245 million (2022), -$200 million (2023) (estimated)
  • Profit margins: negative, company is currently in investment phase
  • EPS: -$2.47 (2022), -$1.98 (2023) (estimated)
  • Cash flow: -$420 million (2022), -$350 million (2023) (estimated)
  • Balance sheet: healthy cash reserves, but accumulating losses

Dividends and Shareholder Returns:

  • No dividend payments (company is focused on growth)
  • Shareholder returns: -65% (1 year), -72% (5 years), -78% (10 years)

Growth Trajectory:

  • Historical growth: rapid revenue increase, but operating at a loss
  • Future growth: depends on market penetration, profitability improvement
  • Recent initiatives: product diversification, expansion into new markets

Market Dynamics:

  • Growing demand for personalized insurance solutions
  • Increasing adoption of technology in the insurance industry
  • Competition from traditional and new players

Competitors:

  • Car insurance: Progressive (PGR), Geico (BRK.B), State Farm (private)
  • Renters insurance: Lemonade (LMND), Hippo (HIPO), Allstate (ALL)
  • Home insurance: Allstate (ALL), State Farm (private), Travelers (TRV)

Competitive Advantages:

  • Technology-driven approach
  • User-friendly experience
  • Competitive pricing
  • Focus on underserved segments

Competitive Disadvantages:

  • Lack of profitability
  • Relatively new and unproven
  • High customer acquisition costs

Potential Challenges:

  • Scaling business profitably
  • Building brand awareness
  • Maintaining competitive advantage

Potential Opportunities:

  • Market expansion
  • Product innovation
  • Strategic partnerships

Recent Acquisitions (last 3 years):

  • None

AI-Based Fundamental Rating:

  • AI Rating: 5.5/10
  • Justification:
    • Strong market potential, but currently unprofitable
    • Innovative approach, but faces competition
    • Growth prospects uncertain
    • Requires careful risk assessment before investment

Sources:

  • Root Inc. Investor Relations website
  • SEC filings
  • Statista
  • Market research reports

Disclaimer: This information is for educational purposes only and should not be considered investment advice. It is recommended to conduct your own due diligence before making any investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.​

About Root Inc

Exchange NASDAQ Headquaters Columbus, OH, United States
IPO Launch date 2020-10-28 Co-Founder, CEO & Chairman Mr. Alexander Edward Timm
Sector Financial Services Website https://www.joinroot.com
Industry Insurance - Property & Casualty Full time employees 680
Headquaters Columbus, OH, United States
Co-Founder, CEO & Chairman Mr. Alexander Edward Timm
Website https://www.joinroot.com
Website https://www.joinroot.com
Full time employees 680

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. The company's direct distribution channels also cover digital, media, and referral channels, as well as distribution partners and agencies. Root, Inc. was incorporated in 2015 and is headquartered in Columbus, Ohio.

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