Vanguard Group Inc. cut its position in shares of Boot Barn Holdings, Inc. (NYSE:BOOT - Free Report) by 1.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,261,927 shares of the company's stock after selling 31,884 shares during the period. Vanguard Group Inc. owned 10.70% of Boot Barn worth $575,632,000 at the end of the most recent quarter.
Other institutional investors also recently modified their holdings of the company. ORG Partners LLC acquired a new position in shares of Boot Barn during the 3rd quarter worth about $25,000. Parkside Financial Bank & Trust boosted its holdings in shares of Boot Barn by 164.4% during the 3rd quarter. Parkside Financial Bank & Trust now owns 193 shares of the company's stock worth $32,000 after buying an additional 120 shares during the period. Salomon & Ludwin LLC bought a new stake in shares of Boot Barn during the 3rd quarter worth about $42,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of Boot Barn during the 3rd quarter worth about $49,000. Finally, Johnson Financial Group Inc. bought a new stake in shares of Boot Barn during the 3rd quarter worth about $60,000.
Wall Street Analyst Weigh In
A number of analysts have issued reports on BOOT shares. UBS Group boosted their price objective on shares of Boot Barn from $265.00 to $267.00 and gave the company a "buy" rating in a report on Thursday, February 5th. Jefferies Financial Group upgraded shares of Boot Barn from a "hold" rating to a "buy" rating and set a $195.00 target price on the stock in a research report on Monday, April 6th. Weiss Ratings lowered shares of Boot Barn from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Wednesday, March 4th. Citigroup restated a "buy" rating on shares of Boot Barn in a research report on Monday. Finally, Stephens upgraded shares of Boot Barn from an "equal weight" rating to an "overweight" rating and set a $237.00 target price on the stock in a research report on Friday, February 6th. Twelve investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $224.25.
Read Our Latest Analysis on BOOT
Boot Barn Trading Down 2.3%
NYSE BOOT opened at $167.52 on Tuesday. The firm has a market capitalization of $5.10 billion, a price-to-earnings ratio of 23.53, a P/E/G ratio of 1.04 and a beta of 1.73. The firm's 50 day simple moving average is $165.51 and its 200 day simple moving average is $181.14. Boot Barn Holdings, Inc. has a 1 year low of $108.32 and a 1 year high of $210.25.
Boot Barn (NYSE:BOOT - Get Free Report) last issued its quarterly earnings data on Wednesday, February 4th. The company reported $2.79 EPS for the quarter, meeting the consensus estimate of $2.79. The business had revenue of $705.64 million during the quarter, compared to the consensus estimate of $700.71 million. Boot Barn had a net margin of 10.10% and a return on equity of 18.28%. The firm's revenue was up 16.0% compared to the same quarter last year. During the same quarter in the prior year, the firm 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 forecast that Boot Barn Holdings, Inc. will post 7.33 earnings per share for the current year.
About Boot Barn
(
Free Report)
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.
Further Reading
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