Root(US:ROOT) ZACKS·2025-05-12 17:25Core Viewpoint - Root, Inc. (ROOT) shows a significant improvement in earnings outlook, making it an attractive investment option as analysts continue to raise earnings estimates for the company [1][3]. Earnings Estimate Revisions - The upward trend in earnings estimate revisions indicates growing analyst optimism regarding Root's earnings prospects, which is expected to positively impact its stock price [2]. - For the current quarter, Root is projected to earn $0.44 per share, reflecting a remarkable increase of +184.62% compared to the same period last year. Over the last 30 days, the Zacks Consensus Estimate for Root has risen by 144.44% due to one upward revision and no negative changes [7]. - For the full year, the earnings estimate is $1.11 per share, which is a decrease of -35.84% from the previous year. However, there has been a positive trend in estimate revisions, with one estimate moving up and pushing the consensus estimate up by 513.89% [8][9]. Zacks Rank and Performance - Root currently holds a Zacks Rank 1 (Strong Buy), supported by favorable estimate revisions. The Zacks Rank system has a proven track record, with Zacks 1 Ranked stocks averaging an annual return of +25% since 2008 [3][10]. - Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have been shown to significantly outperform the S&P 500 [10]. Recent Stock Performance - Over the past four weeks, Root shares have increased by 22.9%, indicating investor confidence in the company's earnings growth prospects due to the positive estimate revisions [11].