Professional
Added to YB: 2024-07-22
Pitch date: 2024-07-19
ROOT [neutral]
Root, Inc.
+3.87%
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
$78.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
10.22
P/E
24.48
EV/Sales
0.64
Sector
Insurance
Category
growth
Rogue Funds New Position: Root, Inc.
ROOT: Auto insurer focused on telematics. Growing fast w/ industry-leading loss ratio, nearing sub-100% combined ratio. Took 7% position end of June. Low float, high short interest suggests volatility. Stock surged in July. Awaiting Q2 results, expected disappointing, for potential DCA opportunity.
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