ROOT Stock Recent News

Root Insurance's profitability and growth have led to a re-rating from Buy to Hold due to increased share price and tariff uncertainties. Q4 showed revenue growth and an improved balance sheet, but increased expenses led to a slight EPS decline. Debt refinancing reduced interest expenses, enhancing future earnings potential, while tangible book value per share increased.

Root, Inc. (NASDAQ:ROOT ) Q4 2024 Results Conference Call February 26, 2025 5:00 PM ET Company Participants Matt LaMalva - Head, Investor Relations Alex Timm - Co-Founder & Chief Executive Officer Megan Binkley - Chief Financial Officer Conference Call Participants Tommy McJoynt - KBW Elyse Greenspan - Wells Fargo Operator Greetings and welcome to Root Inc. Fourth Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Insurance company Root Inc ROOT reported fourth-quarter financial results after market close Wednesday.

COLUMBUS, Ohio, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, today announced financial results for the fourth quarter and full year ended December 31, 2024. The company's latest financial results, along with management commentary, is detailed in the shareholder letter available on Root's investor relations website. An updated investor presentation is also accessible. Both can be found at ir.joinroot.com .

Does Root, Inc. (ROOT) have what it takes to be a top stock pick for momentum investors? Let's find out.

Despite Root's profitability surge, the stock is overvalued due to unsustainable loss ratios and the stagnant auto insurance market. My DCF analysis indicates Root needs 20-40% sustained growth and industry-leading loss ratios to justify the current price. Root's Q4 earnings are expected to show improved EPS and revenue, but sequential declines suggest cautious optimism.

FARM, ROOT, ROKU, FINW and PFIS have been added to the Zacks Rank #1 (Strong Buy) List on February 18, 2024.

Root (ROOT) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Real-Time PCR* Solution Combines an Assay and a Web Application for Rapid Strain Characterization to Quickly Identify Root Cause Contamination Aiding in More Rapid Decision Making to Minimize Future Recurrence MARCY-L'ÉTOILE, France , Feb. 13, 2025 /PRNewswire/ -- bioMérieux, a world leader in the field of in vitro diagnostics, today announces the launch of GENE-UP® TYPER, a real-time, cutting-edge PCR solution for rapid pathogen detection root cause analysis in the food industry. Each year, an estimated 600 million people fall ill after consuming contaminated food, according to the World Health Organization (WHO)1.

Together with Blue Sourberry and Altitude Lemon Lime, Deep Space Propulsion Continues to Pioneer the High-Potency Cannabis Beverage Category with its Expanded Portfolio of Innovative Flavours SMITHS FALLS, ON , Feb. 13, 2025 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ: CGC), a world-leading cannabis company dedicated to unleashing the power of cannabis to improve lives, announced today the expansion of its Deep Space Propulsion beverage lineup with two new flavours: Rocket Root Beer and Charged Cream Soda. Proudly developed in Canada, these innovative takes on classic flavours join Blue Sourberry and Altitude Lemon Lime, rounding out a portfolio that continues to redefine the infused beverage category nationwide.