Recent Investment Analysts’ Ratings Changes for Boot Barn (BOOT)

A number of research firms have changed their ratings and price targets for Boot Barn (NYSE: BOOT):

• 10/30/2024 – Boot Barn was upgraded by analysts at Baird R W from a “hold” rating to a “strong-buy” rating.
• 10/30/2024 – Boot Barn was upgraded by analysts at Robert W. Baird from a “neutral” rating to an “outperform” rating. They now have a $167.00 price target on the stock.
• 10/29/2024 – Boot Barn had its “overweight” rating reaffirmed by analysts at Piper Sandler. They now have a $179.00 price target on the stock.
• 10/29/2024 – Boot Barn had its price target raised by analysts at JPMorgan Chase & Co. from $160.00 to $181.00. They now have an “overweight” rating on the stock.
• 10/29/2024 – Boot Barn had its price target lowered by analysts at Citigroup Inc. from $194.00 to $178.00. They now have a “buy” rating on the stock.
• 10/29/2024 – Boot Barn had its “buy” rating reaffirmed by analysts at Benchmark Co.. They now have a $192.00 price target on the stock.
• 10/29/2024 – Boot Barn had its “buy” rating reaffirmed by analysts at Williams Trading. They now have a $173.00 price target on the stock.
• 10/29/2024 – Boot Barn had its price target raised by analysts at BTIG Research from $165.00 to $185.00. They now have a “buy” rating on the stock.
• 10/25/2024 – Boot Barn was downgraded by analysts at Craig Hallum from a “buy” rating to a “hold” rating. They now have a $162.00 price target on the stock, up previously from $154.00.
• 10/16/2024 – Boot Barn had its price target raised by analysts at UBS Group AG from $127.00 to $165.00. They now have a “neutral” rating on the stock.
• 10/14/2024 – Boot Barn had its price target raised by analysts at Piper Sandler from $147.00 to $179.00. They now have an “overweight” rating on the stock.
• 10/9/2024 – Boot Barn had its price target raised by analysts at Benchmark Co. from $140.00 to $192.00. They now have a “buy” rating on the stock.
• 10/1/2024 – Boot Barn had its price target raised by analysts at Robert W. Baird from $140.00 to $167.00. They now have a “neutral” rating on the stock.

Boot Barn Stock Down 0.7 %

Shares of BOOT stock traded down $0.91 during trading on Monday, hitting $134.11. The company had a trading volume of 544,398 shares, compared to its average volume of 771,659. The stock’s 50-day moving average is $152.89 and its two-hundred day moving average is $134.88. The stock has a market capitalization of $4.09 billion, a price-to-earnings ratio of 26.93 and a beta of 2.16. Boot Barn Holdings, Inc. has a 52 week low of $68.37 and a 52 week high of $169.83.

Boot Barn (NYSE:BOOT) last posted its quarterly earnings data on Monday, October 28th. The company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.02. The company had revenue of $425.80 million for the quarter, compared to analysts’ expectations of $424.42 million. Boot Barn had a net margin of 8.73% and a return on equity of 15.89%. Boot Barn’s revenue for the quarter was up 13.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.91 earnings per share. On average, research analysts predict that Boot Barn Holdings, Inc. will post 5.48 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. UniSuper Management Pty Ltd purchased a new position in shares of Boot Barn during the first quarter worth approximately $695,000. Sei Investments Co. grew its holdings in shares of Boot Barn by 52.5% in the first quarter. Sei Investments Co. now owns 73,884 shares of the company’s stock worth $7,030,000 after purchasing an additional 25,434 shares during the last quarter. Capital Research Global Investors bought a new position in shares of Boot Barn in the first quarter worth approximately $32,779,000. Public Sector Pension Investment Board grew its holdings in shares of Boot Barn by 7.7% in the second quarter. Public Sector Pension Investment Board now owns 66,902 shares of the company’s stock worth $8,626,000 after purchasing an additional 4,785 shares during the last quarter. Finally, Raymond James & Associates grew its holdings in shares of Boot Barn by 1.8% in the second quarter. Raymond James & Associates now owns 49,263 shares of the company’s stock worth $6,351,000 after purchasing an additional 875 shares during the last quarter.

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.