Roots (TSE:ROOT) Cut to Sell at TD

TD lowered shares of Roots (TSE:ROOT) from a hold rating to a sell rating in a research note issued to investors on Friday morning,BayStreet.CA reports. TD currently has C$4.10 price objective on the stock, down from their previous price objective of C$4.50.

Roots Stock Performance

Roots stock opened at C$4.06 on Friday. The company has a debt-to-equity ratio of 71.46, a quick ratio of 0.25 and a current ratio of 1.21. The stock’s 50 day moving average price is C$3.68 and its 200 day moving average price is C$3.71. The firm has a market capitalization of C$159.14 million, a PE ratio of 67.67, a price-to-earnings-growth ratio of -0.54 and a beta of -0.16. Roots has a one year low of C$2.82 and a one year high of C$4.70.

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