TD Downgrades Roots (TSE:ROOT) to Sell

Roots (TSE:ROOT) was downgraded by stock analysts at TD from a “hold” rating to a “sell” rating in a report released on Friday,BayStreet.CA reports. They currently have a C$4.10 price target on the stock, down from their previous price target of C$4.50. TD’s price target points to a potential upside of 0.99% from the stock’s current price.

Roots Trading Up 10.0%

Shares of ROOT traded up C$0.37 during trading hours on Friday, hitting C$4.06. 94,379 shares of the stock were exchanged, compared to its average volume of 12,534. Roots has a fifty-two week low of C$2.82 and a fifty-two week high of C$4.70. The company has a debt-to-equity ratio of 71.46, a current ratio of 1.21 and a quick ratio of 0.25. The business has a 50-day moving average of C$3.69 and a 200-day moving average of C$3.70. The firm has a market capitalization of C$159.14 million, a P/E ratio of 67.67, a price-to-earnings-growth ratio of -0.54 and a beta of -0.16.

Roots (TSE:ROOT) last released its earnings results on Friday, June 12th. The company reported C($0.19) earnings per share (EPS) for the quarter. The firm had revenue of C$42.57 million during the quarter. Roots had a net margin of 0.90% and a return on equity of 1.70%. On average, research analysts expect that Roots will post 0.29 EPS for the current year.

Roots Company Profile

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.