Root, Inc. Statistics

Total Valuation

Root, Inc. has a market cap or net worth of $1.15 billion. The enterprise value is $808.28 million.

Market Cap	1.15B
Enterprise Value	808.28M

Important Dates

The next confirmed earnings date is Wednesday, August 7, 2024, after market close.

Earnings Date	Aug 7, 2024
Ex-Dividend Date	n/a

Share Statistics

Root, Inc. has 14.94 million shares outstanding. The number of shares has increased by 2.82% in one year.

Shares Outstanding	14.94M
Shares Change (YoY)	+2.82%
Shares Change (QoQ)	+1.39%
Owned by Insiders (%)	14.05%
Owned by Institutions (%)	55.30%
Float	8.55M

Valuation Ratios

PE Ratio	n/a
Forward PE	72.08
PS Ratio	1.80
Forward PS	0.99
PB Ratio	6.94
P/FCF Ratio	20.77
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	1.26
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	14.59

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	1.81
Debt / EBITDA	n/a
Debt / FCF	5.40
Interest Coverage	-1.42

Financial Efficiency

Return on equity (ROE) is -62.40% and return on invested capital (ROIC) is -14.22%.

Return on Equity (ROE)	-62.40%
Return on Assets (ROA)	-8.60%
Return on Capital (ROIC)	-14.22%
Revenue Per Employee	$940,882
Profits Per Employee	-$165,735
Employee Count	680
Asset Turnover	0.49
Inventory Turnover	n/a

Taxes

Income Tax	n/a
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +509.90% in the last 52 weeks. The beta is 2.58, so Root, Inc.'s price volatility has been higher than the market average.

Beta (5Y)	2.58
52-Week Price Change	+509.90%
50-Day Moving Average	56.82
200-Day Moving Average	33.14
Relative Strength Index (RSI)	71.15
Average Volume (20 Days)	436,872

Short Selling Information

The latest short interest is 1.57 million, so 10.52% of the outstanding shares have been sold short.

Short Interest	1.57M
Short Previous Month	1.63M
Short % of Shares Out	10.52%
Short % of Float	18.38%
Short Ratio (days to cover)	4.47

Income Statement

In the last 12 months, Root, Inc. had revenue of $639.80 million and -$112.70 million in losses. Loss per share was -$7.80.

Revenue	639.80M
Gross Profit	205.40M
Operating Income	-66.10M
Pretax Income	-112.70M
Net Income	-112.70M
EBITDA	-53.30M
EBIT	-66.10M
Loss Per Share	-$7.80

Full Income Statement

Balance Sheet

The company has $641.50 million in cash and $299.30 million in debt, giving a net cash position of $342.20 million or $22.91 per share.

Cash & Cash Equivalents	641.50M
Total Debt	299.30M
Net Cash	342.20M
Net Cash Per Share	$22.91
Equity (Book Value)	165.70M
Book Value Per Share	11.09
Working Capital	n/a

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $64.60 million and capital expenditures -$9.20 million, giving a free cash flow of $55.40 million.

Operating Cash Flow	64.60M
Capital Expenditures	-9.20M
Free Cash Flow	55.40M
FCF Per Share	$3.80

Full Cash Flow Statement

Margins

Gross margin is 32.10%, with operating and profit margins of -10.33% and -17.61%.

Gross Margin	32.10%
Operating Margin	-10.33%
Pretax Margin	-17.61%
Profit Margin	-17.61%
EBITDA Margin	-8.33%
EBIT Margin	-10.33%
FCF Margin	8.66%

Dividends & Yields

Root, Inc. does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-2.82%
Shareholder Yield	-2.82%
Earnings Yield	-9.80%
FCF Yield	4.82%

Analyst Forecast

The average price target for Root, Inc. is $46.75, which is -39.31% lower than the current price. The consensus rating is "Buy".

Price Target	$46.75
Price Target Difference	-39.31%
Analyst Consensus	Buy
Analyst Count	8
Revenue Growth Forecast (5Y)	38.29%
EPS Growth Forecast (5Y)	n/a

Stock Forecasts

Stock Splits

The last stock split was on August 15, 2022. It was a reverse split with a ratio of 1:18.

Last Split Date	Aug 15, 2022
Split Type	Reverse
Split Ratio	1:18

Scores

Altman Z-Score	n/a
Piotroski F-Score	4