ROOT vs. SPNT, PLMR, FIHL, HG, SKWD, HMN, LMND, SAFT, EIG, and HCI
Should you be buying Root stock or one of its competitors? The main competitors of Root include SiriusPoint (SPNT), Palomar (PLMR), Fidelis Insurance (FIHL), Hamilton Insurance Group (HG), Skyward Specialty Insurance Group (SKWD), Horace Mann Educators (HMN), Lemonade (LMND), Safety Insurance Group (SAFT), Employers (EIG), and HCI Group (HCI). These companies are all part of the "fire, marine, & casualty insurance" industry.
SiriusPoint (NYSE:SPNT) and Root (NASDAQ:ROOT) are both finance companies, but which is the superior investment? We will contrast the two businesses based on the strength of their profitability, media sentiment, risk, institutional ownership, valuation, dividends, earnings, community ranking and analyst recommendations.
Root received 21 more outperform votes than SiriusPoint when rated by MarketBeat users. Likewise, 25.58% of users gave Root an outperform vote while only 20.00% of users gave SiriusPoint an outperform vote.
In the previous week, Root had 2 more articles in the media than SiriusPoint. MarketBeat recorded 4 mentions for Root and 2 mentions for SiriusPoint. Root's average media sentiment score of 1.18 beat SiriusPoint's score of 0.51 indicating that SiriusPoint is being referred to more favorably in the media.
52.8% of SiriusPoint shares are held by institutional investors. Comparatively, 59.8% of Root shares are held by institutional investors. 10.3% of SiriusPoint shares are held by insiders. Comparatively, 11.7% of Root shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
SiriusPoint has a beta of 0.94, meaning that its stock price is 6% less volatile than the S&P 500. Comparatively, Root has a beta of 2.59, meaning that its stock price is 159% more volatile than the S&P 500.
SiriusPoint has a net margin of 11.57% compared to SiriusPoint's net margin of -17.61%. Root's return on equity of 14.59% beat SiriusPoint's return on equity.
SiriusPoint has higher revenue and earnings than Root. Root is trading at a lower price-to-earnings ratio than SiriusPoint, indicating that it is currently the more affordable of the two stocks.
Root has a consensus target price of $41.89, suggesting a potential downside of 15.15%. Given SiriusPoint's higher probable upside, analysts plainly believe Root is more favorable than SiriusPoint.
Summary
Root beats SiriusPoint on 9 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ROOT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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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