We came across a bullish thesis on Root, Inc. on Value investing subreddit by mike-some. In this article, we will summarize the bulls’ thesis on Root. Root, Inc.'s share was trading at $95.29 as of September 17th. Root’s trailing and forward P/E were 18.52 and 3.60 respectively according to Yahoo Finance.
ROOT Insurance is carving out a distinctive position in the auto insurance market by offering the lowest-cost coverage for objectively safe drivers, leveraging telematics as the foundation of its underwriting. Prospective customers undergo a three-week driver safety test, with...
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