Boot Barn Holdings, Inc. (NYSE:BOOT) Receives Average Rating of "Moderate Buy" from Brokerages

Key Points

• Analyst consensus: Fourteen firms rate Boot Barn a consensus "Moderate Buy" (12 buys, 2 holds) with an average 1‑year price target of $224.25, and several brokers recently lifted targets into the $230–$237 range.
• Recent results and guidance: Boot Barn reported Q EPS of $2.79 (in line) and revenue of $705.6M (beat), with revenue up 16% year‑over‑year, and set FY2026 guidance of 7.25–7.35 EPS (Q4 guidance 1.35–1.45).
• Stock metrics: Shares opened at $171.44, with a market cap of about $5.22 billion, a P/E of ~24.1, and a 52‑week range of $108.32–$210.25.

Shares of Boot Barn Holdings, Inc. (NYSE:BOOT - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the fourteen ratings firms that are currently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation and twelve have assigned a buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $224.25.

A number of research firms have weighed in on BOOT. Citigroup raised their price objective on shares of Boot Barn from $230.00 to $232.00 and gave the company a "buy" rating in a research note on Thursday, February 5th. BTIG Research restated a "buy" rating and set a $235.00 price objective on shares of Boot Barn in a research note on Thursday, February 5th. Piper Sandler raised their price objective on shares of Boot Barn from $229.00 to $230.00 and gave the company an "overweight" rating in a research note on Thursday, February 5th. Stephens upgraded shares of Boot Barn from an "equal weight" rating to an "overweight" rating and set a $237.00 price objective for the company in a research note on Friday, February 6th. Finally, Zacks Research lowered shares of Boot Barn from a "strong-buy" rating to a "hold" rating in a research note on Thursday, March 12th.

Institutional Trading of Boot Barn

A number of large investors have recently made changes to their positions in BOOT. ORG Partners LLC bought a new stake in shares of Boot Barn in the third quarter worth approximately $25,000. Los Angeles Capital Management LLC bought a new stake in shares of Boot Barn in the fourth quarter worth approximately $29,000. Parkside Financial Bank & Trust grew its stake in shares of Boot Barn by 164.4% in the third quarter. Parkside Financial Bank & Trust now owns 193 shares of the company's stock worth $32,000 after acquiring an additional 120 shares during the period. Salomon & Ludwin LLC bought a new stake in shares of Boot Barn in the third quarter worth approximately $42,000. Finally, Caitong International Asset Management Co. Ltd bought a new stake in shares of Boot Barn in the third quarter worth approximately $49,000.

Boot Barn Stock Performance

NYSE:BOOT opened at $171.44 on Friday. The firm has a market cap of $5.22 billion, a P/E ratio of 24.08, a P/E/G ratio of 1.04 and a beta of 1.73. Boot Barn has a fifty-two week low of $108.32 and a fifty-two week high of $210.25. The firm has a 50-day simple moving average of $165.51 and a two-hundred day simple moving average of $181.10.

Boot Barn (NYSE:BOOT - Get Free Report) last released its quarterly earnings data on Wednesday, February 4th. The company reported $2.79 earnings per share for the quarter, meeting analysts' consensus estimates of $2.79. The business had revenue of $705.64 million during the quarter, compared to analyst estimates of $700.71 million. Boot Barn had a net margin of 10.10% and a return on equity of 18.28%. Boot Barn's revenue was up 16.0% compared to the same quarter last year. During the same period last year, the business earned $2.43 EPS. Boot Barn has set its FY 2026 guidance at 7.250-7.350 EPS and its Q4 2026 guidance at 1.350-1.450 EPS. On average, equities research analysts predict that Boot Barn will post 7.33 EPS for the current year.

About Boot Barn

Boot Barn, Inc is a leading specialty retailer focused on western and work-related footwear, apparel and accessories. The company operates full-price and outlet retail stores under the Boot Barn and BootBarn.com brands, offering a wide assortment of cowboy boots, work boots, casual and fashion footwear, western and work apparel, hats, belts and related accessories. In addition to its brick-and-mortar network, Boot Barn maintains an e-commerce platform to serve customers seeking ranch-and-rodeo style clothing and rugged workwear from coast to coast.

Founded in 1978 in Southern California, Boot Barn began as a single store catering to ranchers, farmworkers and western enthusiasts.

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