Root Statistics
Share Statistics
Root has 15.10M shares outstanding. The number of shares has increased by 56.25% in one year.
| Shares Outstanding | 15.10M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | 0.43% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 12.11M |
| Failed to Deliver (FTD) Shares | 41 |
| FTD / Avg. Volume | 0.01% |
Short Selling Information
The latest short interest is 1.49M, so 9.9% of the outstanding shares have been sold short.
| Short Interest | 1.49M |
| Short % of Shares Out | 9.9% |
| Short % of Float | 12.38% |
| Short Ratio (days to cover) | 1.88 |
Valuation Ratios
The PE ratio is -1.02 and the forward PE ratio is -42.04.
| PE Ratio | -1.02 |
| Forward PE | -42.04 |
| PS Ratio | 0.33 |
| Forward PS | 0.9 |
| PB Ratio | 0.54 |
| P/FCF Ratio | -3.51 |
| PEG Ratio | n/a |
Enterprise Valuation
Root Inc. has an Enterprise Value (EV) of -229.49M.
| EV / Earnings | 1.56 |
| EV / Sales | -0.5 |
| EV / EBITDA | 2.59 |
| EV / EBIT | 2.27 |
| EV / FCF | 5.34 |
Financial Position
The company has a current ratio of 0, with a Debt / Equity ratio of 1.08.
| Current Ratio | 0 |
| Quick Ratio | 0 |
| Debt / Equity | 1.08 |
| Total Debt / Capitalization | 51.85 |
| Cash Flow / Debt | -0.11 |
| Interest Coverage | -2.2 |
Financial Efficiency
Return on equity (ROE) is -0.53% and return on capital (ROIC) is -17.57%.
| Return on Equity (ROE) | -0.53% |
| Return on Assets (ROA) | -0.11% |
| Return on Capital (ROIC) | -17.57% |
| Revenue Per Employee | 669.12K |
| Profits Per Employee | -216.76K |
| Employee Count | 680 |
| Asset Turnover | 0.34 |
| Inventory Turnover | 0 |
Taxes
| Income Tax | 0 |
| Effective Tax Rate | 0 |
Stock Price Statistics
The stock price has increased by 622.91% in the last 52 weeks. The beta is 2.35, so Root 's price volatility has been higher than the market average.
| Beta | 2.35 |
| 52-Week Price Change | 622.91% |
| 50-Day Moving Average | 69.12 |
| 200-Day Moving Average | 57.49 |
| Relative Strength Index (RSI) | 40.93 |
| Average Volume (20 Days) | 662.67K |
Income Statement
In the last 12 months, Root had revenue of $455.00M and earned -$147.40M in profits. Earnings per share was $-10.24.
| Revenue | 455.00M |
| Gross Profit | 455.00M |
| Operating Income | -101.30M |
| Net Income | -147.40M |
| EBITDA | -88.70M |
| EBIT | -101.30M |
| Earnings Per Share (EPS) | -10.24 |
Balance Sheet
The company has $678.70M in cash and $299.00M in debt, giving a net cash position of $379.70M.
| Cash & Cash Equivalents | 678.70M |
| Total Debt | 299.00M |
| Net Cash | 379.70M |
| Retained Earnings | -1.72B |
| Total Assets | 1.56B |
| Working Capital | 744.30M |
Cash Flow
In the last 12 months, operating cash flow was -$33.60M and capital expenditures -$9.40M, giving a free cash flow of -$43.00M.
| Operating Cash Flow | -33.60M |
| Capital Expenditures | -9.40M |
| Free Cash Flow | -43.00M |
| FCF Per Share | -2.99 |
Margins
Gross margin is 100%, with operating and profit margins of -22.26% and -32.4%.
| Gross Margin | 100% |
| Operating Margin | -22.26% |
| Pretax Margin | -32.4% |
| Profit Margin | -32.4% |
| EBITDA Margin | -19.49% |
| EBIT Margin | -22.26% |
| FCF Margin | -9.45% |
Dividends & Yields
ROOT does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | -13.46% |
| FCF Yield | -3.74% |
Analyst Forecast
The average price target for ROOT is $67, which is -11.9% lower than the current price. The consensus rating is "Hold".
| Price Target | $67 |
| Price Target Difference | -11.9% |
| Analyst Consensus | Hold |
| Analyst Count | 8 |
Stock Splits
The last stock split was on Aug 15, 2022. It was a backward split with a ratio of 1:18.
| Last Split Date | Aug 15, 2022 |
| Split Type | backward |
| Split Ratio | 1:18 |
Scores
| Altman Z-Score | 0.31 |
| Piotroski F-Score | 3 |