William Blair Weighs in on Boot Barn Holdings, Inc.’s Q2 2025 Earnings (NYSE:BOOT)

Boot Barn Holdings, Inc. (NYSE:BOOT) – William Blair boosted their Q2 2025 earnings per share (EPS) estimates for Boot Barn in a report released on Monday, September 9th. William Blair analyst D. Carden now anticipates that the company will earn $0.98 per share for the quarter, up from their previous forecast of $0.84. The consensus estimate for Boot Barn’s current full-year earnings is $5.20 per share.

Boot Barn (NYSE:BOOT) last released its quarterly earnings results on Wednesday, August 7th. The company reported $1.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.08 by $0.18. The firm had revenue of $423.40 million for the quarter, compared to the consensus estimate of $415.04 million. Boot Barn had a return on equity of 16.44% and a net margin of 8.89%. The company’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same quarter last year, the business posted $1.11 EPS.

BOOT has been the subject of several other reports. Robert W. Baird raised their target price on shares of Boot Barn from $132.00 to $140.00 and gave the company a “neutral” rating in a research note on Thursday, August 8th. UBS Group boosted their price objective on shares of Boot Barn from $125.00 to $127.00 and gave the stock a “neutral” rating in a research note on Thursday, August 8th. JPMorgan Chase & Co. raised their target price on shares of Boot Barn from $146.00 to $160.00 and gave the company an “overweight” rating in a research note on Tuesday. Citigroup boosted their price target on Boot Barn from $122.00 to $154.00 and gave the stock a “buy” rating in a research report on Friday, July 19th. Finally, Craig Hallum upped their price objective on Boot Barn from $120.00 to $150.00 and gave the company a “buy” rating in a research note on Wednesday, June 5th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $141.10.

Boot Barn Price Performance

Shares of NYSE BOOT opened at $148.23 on Thursday. The business has a 50-day moving average of $131.33 and a 200-day moving average of $115.49. The stock has a market capitalization of $4.52 billion, a price-to-earnings ratio of 30.88 and a beta of 2.11. Boot Barn has a fifty-two week low of $66.73 and a fifty-two week high of $162.16.

Institutional Investors Weigh In On Boot Barn

Hedge funds and other institutional investors have recently made changes to their positions in the business. Creative Planning lifted its position in Boot Barn by 97.2% during the second quarter. Creative Planning now owns 5,956 shares of the company’s stock worth $768,000 after purchasing an additional 2,935 shares during the period. Susquehanna Fundamental Investments LLC bought a new position in Boot Barn in the 2nd quarter valued at about $1,395,000. Mackenzie Financial Corp bought a new position in Boot Barn in the 2nd quarter valued at about $238,000. Maverick Capital Ltd. raised its position in shares of Boot Barn by 98.0% in the 2nd quarter. Maverick Capital Ltd. now owns 44,635 shares of the company’s stock valued at $5,755,000 after buying an additional 22,096 shares in the last quarter. Finally, Fred Alger Management LLC bought a new stake in shares of Boot Barn during the 2nd quarter worth approximately $1,551,000.

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.