$Root, Inc.(ROOT)$ 200 Target -To The Moon - Tiger Brokers Online Investing Community - To The Moon

$Root, Inc.(ROOT)$ 200 Target Price

ROOT has the best Q2 earnings of all U.S Property & Casualty Insurance stock.

Pioneering a data-driven approach that rewards good driving habits, ROOT is a technology-driven auto insurance company that uses mobile apps to acquire customers and data science to price policies based on individual driving behavior.

ROOT reported revenues of $382.9 million, up 32.4% year on year. This print exceeded analysts’ expectations by 7.5%. Overall, it was an incredible quarter for the company with an impressive beat of analysts’ EPS and net premiums earned estimates.

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Modified in.11-06

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