Shares of Boot Barn Holdings, Inc. (NYSE:BOOT – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the thirteen brokerages that are currently covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $123.36.
A number of equities analysts have commented on BOOT shares. Benchmark boosted their price objective on Boot Barn from $110.00 to $140.00 and gave the stock a “buy” rating in a research note on Monday, June 10th. Piper Sandler upped their price target on shares of Boot Barn from $94.00 to $110.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 16th. Robert W. Baird raised their price objective on shares of Boot Barn from $100.00 to $132.00 and gave the company a “neutral” rating in a research report on Friday, June 7th. JPMorgan Chase & Co. boosted their target price on shares of Boot Barn from $115.00 to $125.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 21st. Finally, Craig Hallum increased their price target on shares of Boot Barn from $120.00 to $150.00 and gave the company a “buy” rating in a research note on Wednesday, June 5th.
Read Our Latest Stock Report on Boot Barn
Insider Buying and Selling at Boot Barn
Institutional Trading of Boot Barn
Large investors have recently made changes to their positions in the company. Headlands Technologies LLC lifted its stake in Boot Barn by 1,037.7% in the fourth quarter. Headlands Technologies LLC now owns 785 shares of the company’s stock valued at $60,000 after buying an additional 716 shares in the last quarter. Principal Securities Inc. bought a new stake in Boot Barn in the 4th quarter valued at $102,000. Quest Partners LLC bought a new stake in Boot Barn in the 4th quarter valued at $112,000. Neo Ivy Capital Management acquired a new position in Boot Barn in the 4th quarter worth $165,000. Finally, SG Americas Securities LLC bought a new position in Boot Barn during the 4th quarter worth about $199,000.
Boot Barn Stock Up 0.4 %
Shares of Boot Barn stock opened at $128.93 on Wednesday. The stock has a market capitalization of $3.92 billion, a P/E ratio of 26.86 and a beta of 2.16. Boot Barn has a 12-month low of $66.73 and a 12-month high of $134.61. The company has a 50-day simple moving average of $116.91 and a 200 day simple moving average of $96.10.
Boot Barn (NYSE:BOOT – Get Free Report) last posted its quarterly earnings data on Tuesday, May 14th. The company reported $1.01 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.12. The company had revenue of $388.46 million during the quarter, compared to analyst estimates of $383.67 million. Boot Barn had a net margin of 8.82% and a return on equity of 16.84%. On average, equities analysts anticipate that Boot Barn will post 4.82 earnings per share for the current year.
About Boot Barn
Boot Barn Holdings, Inc, a lifestyle retail chain, operates specialty retail stores in the United States. The company's specialty retail stores offer western and work-related footwear, apparel, and accessories for men, women, and kids. It offers boots, shirts, jackets, hats, belts and belt buckles, handbags, western-style jewelry, rugged footwear, outerwear, overalls, denim, and flame-resistant and high-visibility clothing.
Featured Stories
- Five stocks we like better than Boot Barn
- Stock Analyst Ratings and Canadian Analyst Ratings
- Upwork Stock’s Outlook: Numbers Solid Despite Gen-AI Challenges
- High Dividend REITs: Are They an Ideal Way to Diversify?
- What’s Behind Walgreens Stock Plunge: What Investors Can Do Next
- How to Calculate Return on Investment (ROI)
- MarketBeat Week in Review – 6/24 – 6/28
Receive News & Ratings for Boot Barn Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boot Barn and related companies with MarketBeat.com's FREE daily email newsletter.