Roots (ROOT) Stock Price, News & Analysis

Company Overview

Roots Corporation, together with its subsidiaries, designs, markets, and sells apparel, leather goods, footwear, and accessories under the Roots brand in Canada and internationally. The company operates through two segments, Direct-To-Consumer, and Partners and Other. The Direct-to-Consumer segment sells products through the company's corporate retail stores and ecommerce. The Partners and Other segment involved in the wholesale of Roots branded products to the company's international operating partners, licensees, and wholesale customers. Roots Corporation was founded in 1973 and is headquartered in Toronto, Canada.

Key Stats

• Today's Range: C$2.18 to C$2.24
• 50-Day Range: C$1.90 to C$2.26
• 52-Week Range: C$1.80 to C$2.74
• Volume: 46,800 shs
• Average Volume: 7,884 shs
• Market Capitalization: C$90.16 million
• P/E Ratio: 224.00
• Dividend Yield: N/A
• Price Target: C$3.25
• Consensus Rating: Buy

Roots Stock Analysis - MarketRank™

Roots scored higher than 43% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Roots has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Roots has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Roots is 224.00, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 119.66.

Price to Earnings Ratio vs. Sector

The P/E ratio of Roots is 224.00, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 324.63.

Price to Earnings Growth Ratio

Due to a projected decrease in earnings for Roots, their PEG ratio cannot be calculated.

Price to Book Value per Share Ratio

Roots has a P/B Ratio of 0.51. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for ROOT.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Roots does not currently pay a dividend.

Dividend Growth

Roots does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for ROOT.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

Search Interest

40 people have searched for ROOT on MarketBeat in the last 30 days. This is an increase of 567% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Roots insiders have not sold or bought any company stock.

Percentage Held by Insiders

14.17% of the stock of Roots is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

51.03% of the stock of Roots is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ROOT Stock Analysis - Frequently Asked Questions

How have ROOT shares performed this year?

Roots' stock was trading at C$2.50 at the beginning of 2024. Since then, ROOT shares have decreased by 10.4% and is now trading at C$2.24.
View the best growth stocks for 2024 here.

How do I buy shares of Roots?

Shares of ROOT stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Roots own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Roots investors own include Enbridge (ENB), Sierra Wireless (SW), Canfor (CFP), Chemtrade Logistics Income Fund (CHE.UN), Meta Platforms (META), Premium Brands (PBH) and Bird Construction (BDT).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Consumer Cyclical
• Industry: Apparel Retail
• Sub-Industry: Insurance
• Current Symbol: TSE:ROOT
• CUSIP: N/A
• CIK: N/A
• Web: rootsinformation.com
• Phone: +1-416-7813574
• Fax: N/A
• Employees: 760
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$3.25
• High Stock Price Target: C$3.25
• Low Stock Price Target: C$3.25
• Potential Upside/Downside: +45.1%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.01
• Trailing P/E Ratio: 224.00
• Forward P/E Ratio: 7.72
• P/E Growth: -0.54
• Net Income: C$1.01 million
• Net Margins: 0.39%
• Pretax Margin: N/A
• Return on Equity: 0.58%
• Return on Assets: 2.29%

Debt

• Debt-to-Equity Ratio: 65.71
• Current Ratio: 1.11
• Quick Ratio: 0.25

Sales & Book Value

• Annual Sales: C$256.98 million
• Price / Sales: 0.35
• Cash Flow: C$0.16 per share
• Price / Cash Flow: 14.22
• Book Value: C$4.41 per share
• Price / Book: 0.51

Miscellaneous

• Outstanding Shares: 40,250,000
• Free Float: N/A
• Market Cap: C$90.16 million
• Optionable: Not Optionable
• Beta: 2.42