TSE:ROOT

2.10
0.02 (0.94%) 1d
0

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TSX and S&P make record closes26 Stock Top Picks and 3 ETF (Dec 7-13)New 52-Week Highs and Lows (Nov 14-20)
RISKY
Roots
Interesting things happening. New CEO with marketing sophistication trying to transform a business that's struggled since the IPO. Pretty good entry point. Strong brand. If you have the appetite for a small company, more speculative, good name to own.
Consumer Products
WATCH
Roots
For tax-loss selling? It's disappointed the market. But it's time to look at it. They should take the company private; the share price is so low, so disastrous since its IPO. Existing owners could buy it all back. Overall, retailing is a difficult space now.
Consumer Products
DON'T BUY
Roots
It's struggled since some private equity guys bought and flipped it which left a bad taste with investors. The stock is now trading with an overhang. They've stumbled a bit but have done okay. There are better retail stocks to buy. Has dropped from $10-2, since it went public.
Consumer Products
HOLD
Roots
A short chart, so hard to analyze. If you like the company, then hold it. This is a total guess. It's not a trade. Don't rush out and buy it.
Consumer Products
PAST TOP PICK
Roots
(A Top Pick Jun 27/18, Down 63%) A disappointing performer, but he still holds it. Same store sales plunged last year following the completion of Canada 150 sales. It is still profitable, although it always loses money in Q1. An iconic brand and is expanding slowly into the US. He would be a buyer if he wasn't already an owner.
Consumer Products
DON'T BUY
Roots
If you're getting into clothing, brand really matters. His preference is LVMH, which is diversified, and their new line is direct to consumers. LVMH dividend continues to grow and they have brand power and staying power. Brand power leads to pricing power.
Consumer Products
TOP PICK
Roots
A plummet in shares last week. But it has a very good brand and he believes a positive catalyst of some sort will happen, like someone will buy it. This is a speculative buy. Expect more pressure because of tax-loss selling, but then it can only go up. (Analysts’ price target is $5.44)
Consumer Products
DON'T BUY
Roots
It's a case on not buying stocks at an IPO. IPO expectations were too high, and Roots has struggled since then. There are forecasts that in 2020 it will earn 73-cents a share vs. 90 cents at the IPO. Managers overpromised at the IPO, so the stock got punished. It trades at 5.6x enterprise value to EBITDA, lower than its peers. But he fears that expectations are still wildly unrealistic. Doesn't see 49% earnings growth in a time when sales are moderating.
Consumer Products
TOP PICK
Roots

The buying opportunity came after their Q1 report where they blamed bad weather for poor sales. Otherwise, the quarter was solid: over 6% same-store sales growth, gross margins increased and they're expanding in the U.S. gradually--about to open a store in Boston. Well-managed. They have a great online presence, so there's also growth here. (Analysts' price target: $15.06)

Consumer Products
PAST TOP PICK
Roots

(Past Top Pick, January 25, 2018, Down 10%) They had a disappointing Q1. Roots blamed this on the bad winter weather, which is valid. He'd still buy it. (Also a top pick this day.)

Consumer Products
WATCH
Roots

It took a huge beating after the IPO last year and then came back. He has difficulties with their forecasts because they are often more optimistic than they should be. They are moving into the states which will be costly. They are building a new distribution center but they take a while to ramp up. He thinks they will have tough sledding going forward and will not hit their profitability goal so there won't be a dividend any time soon. Their same store sales went up and their revenues went up, so that is positive.

Consumer Products
TOP PICK
Roots

It suffered after the IPO. He Poo-Poo’ed it last time and then a week later he read a great report. The argument was that new management would ring out better efficiency. They are down 23% in SKUs. It gives you a lower quantity of merchandise and you buy more from suppliers. Less is more. They do a fair online business in the US. There is potential to expand down there further down the road. (Analysts’ target: $14.00).

Consumer Products
COMMENT
Roots

This was a $12 IPO recently. When they went public, it was secondary so the money was being paid to the founders of the firm, and not to the company. So, the company still has to grow. Their category is not a high growth one, just basic attire. Projected growth rates were not that high. The company is really having to prove itself. It is hard to see that what they offer is so unique.

Consumer Products
DON'T BUY
Roots

They recently completed their IPO. It struggle a bit out of the gate and has treaded water ever since. It is a fashion brand that has been out for long time. He does not see the growth here. There are a lot of better places to be in retail. Where is the expansion going to come from. He does not see the brand translating well into the US.

Consumer Products
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Roots(ROOT-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Roots is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Roots(ROOT-T) Frequently Asked Questions

What is Roots stock symbol?

Roots is a Canadian stock, trading under the symbol ROOT-T on the Toronto Stock Exchange (ROOT-CT). It is usually referred to as TSX:ROOT or ROOT-T

Is Roots a buy or a sell?

In the last year, there was no coverage of Roots published on Stockchase.

Is Roots a good investment or a top pick?

Roots was recommended as a Top Pick by on . Read the latest stock experts ratings for Roots.

Why is Roots stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Roots worth watching?

0 stock analysts on Stockchase covered Roots In the last year. It is a trending stock that is worth watching.

What is Roots stock price?

On 2024-06-21, Roots (ROOT-T) stock closed at a price of $2.1.