1,975 Shares in Boot Barn Holdings, Inc. $BOOT Bought by 111 Capital

Key Points

• 111 Capital acquired a new stake in Boot Barn Holdings, purchasing 1,975 shares valued at about $300,000 during the second quarter.
• Analysts have set a new consensus price target of $182.54 for Boot Barn, with ratings varying from "Strong Buy" to "Hold."
• Boot Barn reported a 19.1% year-over-year increase in quarterly revenue, amounting to $504.07 million, surpassing analysts' estimates.

111 Capital purchased a new stake in shares of Boot Barn Holdings, Inc. (NYSE:BOOT - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 1,975 shares of the company's stock, valued at approximately $300,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Parallel Advisors LLC grew its position in Boot Barn by 512.6% during the second quarter. Parallel Advisors LLC now owns 533 shares of the company's stock valued at $81,000 after buying an additional 446 shares during the period. Jump Financial LLC acquired a new stake in Boot Barn during the first quarter valued at $5,363,000. Oppenheimer Asset Management Inc. grew its position in Boot Barn by 29.3% during the first quarter. Oppenheimer Asset Management Inc. now owns 14,731 shares of the company's stock valued at $1,583,000 after buying an additional 3,341 shares during the period. SG Americas Securities LLC acquired a new stake in Boot Barn during the first quarter valued at $916,000. Finally, KBC Group NV grew its position in Boot Barn by 21.8% during the first quarter. KBC Group NV now owns 1,489 shares of the company's stock valued at $160,000 after buying an additional 267 shares during the period.

Analysts Set New Price Targets

Several research firms recently commented on BOOT. BTIG Research raised their price target on shares of Boot Barn from $200.00 to $218.00 and gave the company a "buy" rating in a research report on Friday, August 1st. Weiss Ratings reiterated a "hold (c+)" rating on shares of Boot Barn in a research report on Saturday, September 27th. JPMorgan Chase & Co. lifted their target price on shares of Boot Barn from $207.00 to $247.00 and gave the company an "overweight" rating in a research report on Monday, July 28th. Jefferies Financial Group lowered shares of Boot Barn from a "buy" rating to a "hold" rating and dropped their target price for the company from $187.00 to $175.00 in a research report on Wednesday, July 23rd. Finally, Cowen reiterated a "buy" rating on shares of Boot Barn in a research report on Monday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $182.54.

Boot Barn Trading Down 1.0%

BOOT opened at $169.65 on Tuesday. The firm has a market capitalization of $5.18 billion, a PE ratio of 26.76, a PEG ratio of 1.73 and a beta of 1.61. Boot Barn Holdings, Inc. has a twelve month low of $86.17 and a twelve month high of $191.31. The firm's 50-day moving average price is $173.62 and its 200 day moving average price is $150.64.

Boot Barn (NYSE:BOOT - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The company reported $1.74 earnings per share for the quarter, topping analysts' consensus estimates of $1.55 by $0.19. The firm had revenue of $504.07 million for the quarter, compared to analyst estimates of $489.49 million. Boot Barn had a net margin of 9.81% and a return on equity of 17.73%. Boot Barn's quarterly revenue was up 19.1% on a year-over-year basis. During the same period in the previous year, the business posted $1.26 earnings per share. Boot Barn has set its Q2 2026 guidance at 1.190-1.270 EPS. FY 2026 guidance at 5.800-6.700 EPS. As a group, analysts predict that Boot Barn Holdings, Inc. will post 5.82 earnings per share for the current fiscal year.

Boot Barn Company Profile

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.

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