Added to YB: 2024-02-27
Pitch date: 2024-02-26
ROOT [bullish]
Root, Inc.
+268.94%
current return
Author Info
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Company Info
Root, Inc. provides insurance products and services in the United States. The company offers automobile and renters insurance products.
Market Cap
$1.3B
Pitch Price
$21.96
Price Target
N/A
Dividend
N/A
EV/EBITDA
10.22
P/E
24.48
EV/Sales
0.64
Sector
Insurance
Category
growth
Show full summary:
Root, Inc: Disruptive Insurtech Delivers a Turnaround Quarter that Changes Everything
ROOT revolutionizing car insurance with mobile app: 12M downloads, 20B miles of data for precise risk pricing. Q4 breakeven adj EBITDA, 2x gross premiums. Trades at 85% discount to LMND despite faster growth. Potential 10x upside on 44% premium growth. Risks: $300M loan, self-driving cars. Disruptor poised for success.
Read full article (15 min)