Roots Co. (TSE:ROOT – Get Free Report) dropped 0.3% on Thursday . The stock traded as low as C$3.50 and last traded at C$3.50. Approximately 580 shares traded hands during trading, a decline of 95% from the average session volume of 12,056 shares. The stock had previously closed at C$3.51.
Wall Street Analyst Weigh In
Separately, TD boosted their target price on Roots from C$4.25 to C$4.50 and gave the stock a “hold” rating in a research note on Monday, June 8th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of C$4.25.
Check Out Our Latest Stock Analysis on ROOT
Roots Stock Performance
Roots (TSE:ROOT – Get Free Report) last posted its earnings results on Friday, June 12th. The company reported C($0.19) earnings per share for the quarter. Roots had a net margin of 0.90% and a return on equity of 1.70%. The firm had revenue of C$42.57 million during the quarter. On average, research analysts forecast that Roots Co. will post 0.29 EPS for the current fiscal 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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