From Zacks Investment Research: 2025-05-30 14:46:00

Shares of ROOT Inc. (ROOT) are on the rise, driven by geographic expansion, growth in automotive and financial services, and effective cost management. The stock closed at $125.32, indicating room for growth. ROOT has gained 72.6% YTD, outperforming the industry, sector, and S&P 500. In comparison, Lemonade shares have dropped 19.5% and EverQuote shares have gained 16.2%. Root’s growth strategy includes geographic expansion and targeted investments, leading to a rise in policies in force. The company’s net margin has expanded significantly, with plans to reduce interest expenses in 2025. Despite being overvalued, analysts see a 5.2% upside potential for ROOT.



Read more at Zacks Investment Research: ROOT Moves Above 200-Day SMA: Buy, Hold or Sell the Stock? – May 30, 2025