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$3.00 to C$3.08
• 50-Day Range: C$2.81 to C$3.32
• 52-Week Range: C$1.80 to C$3.34
• Volume: 5,000 shs
• Average Volume: 10,237 shs
• Market Capitalization: C$122.15 million
• P/E Ratio: 42.21
• Dividend Yield: N/A
• Price Target: C$3.75
• Consensus Rating: Buy

Roots Stock Analysis - MarketRank™

Roots scored higher than 25% 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: 2.5 / 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 only been the subject of 1 research reports 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 42.21, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 25.86.

Price to Earnings Ratio vs. Sector

The P/E ratio of Roots is 42.21, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 74.48.

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 0.68. 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

21 people have searched for ROOT on MarketBeat in the last 30 days. This is an increase of 62% 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$2.15 at the start of the year. Since then, ROOT shares have increased by 40.5% and is now trading at C$3.02.

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.

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
• CIK: N/A
• Web: rootsinformation.com
• Phone: +1-416-7813574
• Fax: N/A
• Employees: 760
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Roots: C$3.75
• High Price Target: C$3.75
• Low Price Target: C$3.75
• Potential Upside/Downside: +24.2%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): C$0.07
• Trailing P/E Ratio: 42.21
• Forward P/E Ratio: 10.41
• P/E Growth: -0.54
• Net Income: C$2.89 million
• Net Margins: 1.11%
• Pretax Margin: N/A
• Return on Equity: 1.58%
• Return on Assets: 2.29%

Debt

• Debt-to-Equity Ratio: 69.31
• Current Ratio: 1.31
• Quick Ratio: 0.25

Sales & Book Value

• Annual Sales: C$261.62 million
• Price / Sales: 0.47
• Cash Flow: C$0.21 per share
• Price / Cash Flow: 14.22
• Book Value: C$4.47 per share
• Price / Book: 0.68

Miscellaneous

• Outstanding Shares: 40,447,600
• Free Float: N/A
• Market Cap: C$122.15 million
• Optionable: Not Optionable
• Beta: 2.42