Shares of Roots Co. (TSE:ROOT – Get Free Report) dropped 1.6% on Tuesday . The stock traded as low as C$3.79 and last traded at C$3.79. Approximately 645 shares changed hands during mid-day trading, a decline of 95% from the average daily volume of 12,070 shares. The stock had previously closed at C$3.85.
Analysts Set New Price Targets
Separately, TD raised their target price on shares of Roots from C$4.25 to C$4.50 and gave the stock a “hold” rating in a report on Monday, June 8th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of C$4.25.
View Our Latest Report on ROOT
Roots Stock Performance
Roots (TSE:ROOT – Get Free Report) last announced its quarterly earnings results on Friday, June 12th. The company reported C($0.19) earnings per share (EPS) for the quarter. Roots had a net margin of 0.90% and a return on equity of 1.70%. The company had revenue of C$42.57 million for the quarter. On average, equities research analysts expect that Roots Co. will post 0.29 earnings per share 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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