Roots Co. (TSE:ROOT – Get Free Report) shares rose 0.5% on Monday. The stock traded as high as C$4.10 and last traded at C$4.09. 1,304 shares traded hands during mid-day trading, a decline of 91% from the average session volume of 14,505 shares. The stock had previously closed at C$4.07.
Wall Street Analysts Forecast Growth
Separately, TD lowered shares of Roots from a “hold” rating to a “sell” rating and cut their target price for the company from C$4.50 to C$4.10 in a research note on Friday, August 21st. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of “Sell” and an average price target of C$4.10.
View Our Latest Stock Report on ROOT
Roots Stock Up 0.5%
Roots (TSE:ROOT – Get Free Report) last announced its quarterly earnings data on Friday, September 11th. The company reported C($0.08) earnings per share (EPS) for the quarter. The firm had revenue of C$49.54 million for the quarter. Roots had a return on equity of 0.59% and a net margin of 0.31%. Research analysts forecast that Roots Co. will post 0.29 EPS for the current year.
About Roots
Established in 1973, Roots is a global lifestyle brand. Starting from a small cabin in northern Canada, Roots has become a global brand which, as at the end of Q1 2026, operated 96 corporate retail stores and 11 short-term pop-up locations in Canada, two corporate retail stores in the United States, and an eCommerce platform, roots.com. We have more than 100 partner-operated stores in Asia, and we also operate a dedicated Roots-branded storefront on Tmall.com in China. We design, market, and sell a broad selection of products in different departments, including women’s men’s, children’s, and gender-free apparel, leather goods, footwear, and accessories.
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