Root Inc. (ROOT)
Root Statistics
Share Statistics
Root has 15.2M shares outstanding. The number of shares has increased by 1.77% in one year.
| Shares Outstanding | 15.2M |
| Shares Change (YoY) | 1.77% |
| Shares Change (QoQ) | 0.66% |
| Owned by Institutions (%) | 48.98% |
| Shares Floating | 11.03M |
| Failed to Deliver (FTD) Shares | 725 |
| FTD / Avg. Volume | 0.11% |
Short Selling Information
The latest short interest is 1.26M, so 8.27% of the outstanding shares have been sold short.
| Short Interest | 1.26M |
| Short % of Shares Out | 8.27% |
| Short % of Float | 11.73% |
| Short Ratio (days to cover) | 1.72 |
Valuation Ratios
The PE ratio is 35.36 and the forward PE ratio is 166.67. Root's PEG ratio is -0.29.
| PE Ratio | 35.36 |
| Forward PE | 166.67 |
| PS Ratio | 0.93 |
| Forward PS | 1.4 |
| PB Ratio | 5.36 |
| P/FCF Ratio | 5.94 |
| PEG Ratio | -0.29 |
Enterprise Valuation
Root has an Enterprise Value (EV) of 1.06B.
| EV / Sales | 0.9 |
| EV / EBITDA | 13.53 |
| EV / EBIT | 5.43 |
| EV / FCF | 5.78 |
Financial Position
The company has a current ratio of 2.22, with a Debt / Equity ratio of 0.98.
| Current Ratio | 2.22 |
| Quick Ratio | 2.22 |
| Debt / Equity | 0.98 |
| Debt / EBITDA | 2.55 |
| Debt / FCF | 1.09 |
| Interest Coverage | 1.86 |
Financial Efficiency
Return on Equity is 15.17% and Return on Invested Capital is 18.12%.
| Return on Equity | 15.17% |
| Return on Assets | 2.07% |
| Return on Invested Capital | 18.12% |
| Revenue Per Employee | $1.15M |
| Profits Per Employee | $30.26K |
| Employee Count | 1,021 |
| Asset Turnover | 0.79 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 0 |
| Effective Tax Rate | 0% |
Stock Price Statistics
The stock price has increased by 146.17% in the last 52 weeks. The beta is 2.42, so Root's price volatility has been higher than the market average.
| Beta | 2.42 |
| 52-Week Price Change | 146.17% |
| 50-Day Moving Average | 130.84 |
| 200-Day Moving Average | 81.85 |
| Relative Strength Index (RSI) | 59.09 |
| Average Volume (20 Days) | 678.18K |
Income Statement
In the last 12 months, Root had revenue of 1.18B and earned 30.9M in profits. Earnings per share was 2.05.
| Revenue | 1.18B |
| Gross Profit | 1.18B |
| Operating Income | 78.5M |
| Net Income | 30.9M |
| EBITDA | 78.5M |
| EBIT | 73.1M |
| Earnings Per Share (EPS) | 2.05 |
Balance Sheet
The company has 230.4M in cash and 200.1M in debt, giving a net cash position of 30.3M.
| Cash & Cash Equivalents | 230.4M |
| Total Debt | 200.1M |
| Net Cash | 30.3M |
| Retained Earnings | 0 |
| Total Assets | 1.5B |
| Working Capital | 0 |
Cash Flow
In the last 12 months, operating cash flow was 195.7M and capital expenditures -11.8M, giving a free cash flow of 183.9M.
| Operating Cash Flow | 195.7M |
| Capital Expenditures | -11.8M |
| Free Cash Flow | 183.9M |
| FCF Per Share | 12.22 |
Margins
Gross margin is 100%, with operating and profit margins of 6.67% and 2.63%.
| Gross Margin | 100% |
| Operating Margin | 6.67% |
| Pretax Margin | 2.63% |
| Profit Margin | 2.63% |
| EBITDA Margin | 6.67% |
| EBIT Margin | 6.67% |
| FCF Margin | 15.63% |
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 | 2.83% |
| FCF Yield | 16.83% |
Analyst Forecast
The average price target for ROOT is $130, which is -12% lower than the current price. The consensus rating is "Hold".
| Price Target | $130 |
| Price Target Difference | -12% |
| Analyst Consensus | Hold |
| Analyst Count | 6 |
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 | 0.29 |
| Piotroski F-Score | 6 |