Boot Barn (NYSE:BOOT – Get Free Report) posted its quarterly earnings data on Thursday. The company reported $2.43 EPS for the quarter, topping the consensus estimate of $2.05 by $0.38, Zacks reports. Boot Barn had a net margin of 8.73% and a return on equity of 15.89%. Boot Barn updated its FY 2025 guidance to 5.810-5.900 EPS and its Q4 2025 guidance to 1.170-1.260 EPS.
Boot Barn Price Performance
BOOT traded up $1.34 during trading hours on Thursday, reaching $174.78. The company’s stock had a trading volume of 1,125,073 shares, compared to its average volume of 834,096. The stock has a market cap of $5.33 billion, a PE ratio of 35.10, a P/E/G ratio of 1.48 and a beta of 2.10. Boot Barn has a fifty-two week low of $71.54 and a fifty-two week high of $176.64. The business’s 50-day moving average is $152.18 and its 200-day moving average is $146.09.
Analysts Set New Price Targets
Several equities research analysts have recently commented on BOOT shares. Citigroup lowered their price objective on shares of Boot Barn from $194.00 to $178.00 and set a “buy” rating for the company in a research note on Tuesday, October 29th. BTIG Research boosted their price target on Boot Barn from $185.00 to $190.00 and gave the company a “buy” rating in a research note on Monday, January 13th. Craig Hallum lowered Boot Barn from a “buy” rating to a “hold” rating and increased their price objective for the company from $154.00 to $162.00 in a report on Friday, October 25th. Benchmark reaffirmed a “buy” rating and set a $192.00 target price on shares of Boot Barn in a report on Tuesday, October 29th. Finally, Robert W. Baird raised shares of Boot Barn from a “neutral” rating to an “outperform” rating and set a $167.00 price target for the company in a research report on Wednesday, October 30th. One analyst has rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $173.00.
Insider Activity
In related news, CEO John Hazen sold 6,311 shares of Boot Barn stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $152.98, for a total value of $965,456.78. Following the completion of the sale, the chief executive officer now owns 3,937 shares in the company, valued at approximately $602,282.26. This trade represents a 61.58 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.00% of the company’s stock.
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.
See Also
- Five stocks we like better than Boot Barn
- Dividend Capture Strategy: What You Need to Know
- How Growth Investors Find High-Growth Stocks and Maximize Returns
- Special Purpose Acquisition Company (SPAC) What You Need to Know
- Meta’s AI & Smart Glasses Could Drive 20%+ Upside in 2025
- How to Use Stock Screeners to Find Stocks
- NVIDIA’s Slide Continues: Can Retail Investors Stop the Fall?
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.
