Roots (TSE:ROOT) Trading Down 1.6% – Here’s Why

Roots Co. (TSE:ROOT)’s stock price was down 1.6% during mid-day trading on Tuesday . The stock traded as low as C$3.79 and last traded at C$3.79. Approximately 645 shares traded hands during trading, a decline of 95% from the average session volume of 12,070 shares. The stock had previously closed at C$3.85.

Wall Street Analyst Weigh In

Separately, TD raised their price target on 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’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of C$4.25.

Roots Price Performance

The company has a quick ratio of 0.25, a current ratio of 1.21 and a debt-to-equity ratio of 71.46. The stock’s 50 day moving average price is C$4.09 and its two-hundred day moving average price is C$3.62. The stock has a market cap of C$148.55 million, a price-to-earnings ratio of 63.17, a price-to-earnings-growth ratio of -0.54 and a beta of -0.16.

Roots (TSE:ROOT) last posted its quarterly earnings results on Friday, June 12th. The company reported C($0.19) EPS for the quarter. Roots had a net margin of 0.90% and a return on equity of 1.70%. The business had revenue of C$42.57 million during the quarter. Equities 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.