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Root (ROOT) Competitors

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$72.77 +0.12 (+0.17%)
(As of 12/24/2024 05:19 PM ET)

ROOT vs. GSHD, HGTY, OSCR, NMIH, LMND, CS, PLMR, SPNT, FIHL, and TRUP

Should you be buying Root stock or one of its competitors? The main competitors of Root include Goosehead Insurance (GSHD), Hagerty (HGTY), Oscar Health (OSCR), NMI (NMIH), Lemonade (LMND), Credit Suisse Group (CS), Palomar (PLMR), SiriusPoint (SPNT), Fidelis Insurance (FIHL), and Trupanion (TRUP). These companies are all part of the "insurance" industry.

Root vs.

Goosehead Insurance (NASDAQ:GSHD) and Root (NASDAQ:ROOT) are both finance companies, but which is the superior stock? We will contrast the two businesses based on the strength of their dividends, media sentiment, risk, institutional ownership, community ranking, earnings, profitability, valuation and analyst recommendations.

Goosehead Insurance has a beta of 1.38, meaning that its share price is 38% more volatile than the S&P 500. Comparatively, Root has a beta of 2.47, meaning that its share price is 147% more volatile than the S&P 500.

Goosehead Insurance has higher earnings, but lower revenue than Root. Root is trading at a lower price-to-earnings ratio than Goosehead Insurance, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Goosehead Insurance$283.60M13.73$14.14M$0.72145.75
Root$1.04B1.05-$147.40M-$1.23-59.16

Goosehead Insurance has a net margin of 6.77% compared to Root's net margin of -1.56%. Goosehead Insurance's return on equity of 284.41% beat Root's return on equity.

Company Net Margins Return on Equity Return on Assets
Goosehead Insurance6.77% 284.41% 5.53%
Root -1.56%-9.81%-1.12%

59.8% of Root shares are owned by institutional investors. 38.0% of Goosehead Insurance shares are owned by insiders. Comparatively, 11.7% of Root shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Goosehead Insurance received 254 more outperform votes than Root when rated by MarketBeat users. Likewise, 60.04% of users gave Goosehead Insurance an outperform vote while only 27.84% of users gave Root an outperform vote.

CompanyUnderperformOutperform
Goosehead InsuranceOutperform Votes
281
60.04%
Underperform Votes
187
39.96%
RootOutperform Votes
27
27.84%
Underperform Votes
70
72.16%

Goosehead Insurance presently has a consensus price target of $97.90, indicating a potential downside of 6.71%. Root has a consensus price target of $59.13, indicating a potential downside of 18.75%. Given Goosehead Insurance's higher probable upside, analysts plainly believe Goosehead Insurance is more favorable than Root.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Goosehead Insurance
1 Sell rating(s)
4 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.40
Root
0 Sell rating(s)
6 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.44

In the previous week, Goosehead Insurance had 3 more articles in the media than Root. MarketBeat recorded 3 mentions for Goosehead Insurance and 0 mentions for Root. Goosehead Insurance's average media sentiment score of 0.92 beat Root's score of 0.00 indicating that Goosehead Insurance is being referred to more favorably in the media.

Company Overall Sentiment
Goosehead Insurance Positive
Root Neutral

Summary

Goosehead Insurance beats Root on 14 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ROOT vs. The Competition

MetricRootFire, marine, & casualty insurance IndustryFinance SectorNASDAQ Exchange
Market Cap$1.10B$43.95B$11.55B$9.28B
Dividend YieldN/A7.33%5.70%4.28%
P/E Ratio-59.1610.4124.9517.31
Price / Sales1.051.5227.22120.37
Price / CashN/A19.5518.5137.83
Price / Book6.372.282.634.94
Net Income-$147.40M$3.90B$1.04B$225.76M
7 Day Performance1.42%2.04%0.73%4.16%
1 Month Performance-32.89%-5.55%-3.61%1.18%
1 Year Performance570.69%52.61%11.74%17.07%

Root Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ROOT
Root
0.88 of 5 stars
$72.77
+0.2%
$59.13
-18.8%
+570.7%$1.10B$1.04B-59.16760
GSHD
Goosehead Insurance
3.5573 of 5 stars
$103.65
-2.4%
$97.90
-5.5%
+33.7%$3.85B$283.60M143.961,415
HGTY
Hagerty
2.3578 of 5 stars
$10.09
-3.1%
$11.00
+9.0%
+26.4%$3.44B$1.16B91.731,732Insider Trade
OSCR
Oscar Health
2.8859 of 5 stars
$13.52
-4.0%
$21.56
+59.5%
+46.0%$3.34B$8.22B-225.302,400
NMIH
NMI
3.5137 of 5 stars
$36.49
-0.1%
$43.14
+18.2%
+23.4%$2.89B$635.85M8.35234
LMND
Lemonade
3.0037 of 5 stars
$39.47
-5.0%
$30.43
-22.9%
+141.1%$2.82B$493.20M-12.981,258News Coverage
CS
Credit Suisse Group
N/A$0.89
flat
N/AN/A$2.77B$22.88B1.3750,480
PLMR
Palomar
1.9763 of 5 stars
$103.47
-1.4%
$111.67
+7.9%
+83.0%$2.74B$503.54M24.58150Positive News
SPNT
SiriusPoint
1.1903 of 5 stars
$14.30
-0.8%
N/A+20.4%$2.32B$2.61B8.991,063Positive News
FIHL
Fidelis Insurance
3.2793 of 5 stars
$17.86
-0.5%
$21.50
+20.4%
+39.1%$2.11B$2.29B4.5177
TRUP
Trupanion
1.4652 of 5 stars
$49.38
-2.7%
$44.67
-9.5%
+64.6%$2.09B$1.24B-154.311,142

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This page (NASDAQ:ROOT) was last updated on 12/26/2024 by MarketBeat.com Staff
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