Should I buy or sell Boot Barn stock right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Boot Barn in the last twelve months. There are currently 2 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" BOOT shares. View BOOT analyst ratings or view top-rated stocks .

What is Boot Barn's stock price target for 2024?

10 Wall Street research analysts have issued twelve-month target prices for Boot Barn's shares. Their BOOT share price targets range from $70.00 to $130.00. On average, they expect the company's share price to reach $102.30 in the next twelve months. This suggests a possible upside of 37.2% from the stock's current price. View analysts price targets for BOOT or view top-rated stocks among Wall Street analysts .

How have BOOT shares performed in 2023?

Boot Barn's stock was trading at $62.52 at the beginning of the year. Since then, BOOT shares have increased by 19.3% and is now trading at $74.58. View the best growth stocks for 2023 here .

Are investors shorting Boot Barn?

Boot Barn saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 4,250,000 shares, an increase of 5.7% from the October 31st total of 4,020,000 shares. Based on an average trading volume of 802,800 shares, the days-to-cover ratio is presently 5.3 days. View Boot Barn's Short Interest .

When is Boot Barn's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 24th 2024. View our BOOT earnings forecast .

How were Boot Barn's earnings last quarter?

Boot Barn Holdings, Inc. (NYSE:BOOT) released its quarterly earnings results on Thursday, November, 2nd. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.03. The business earned $374.46 million during the quarter, compared to the consensus estimate of $378.44 million. Boot Barn had a net margin of 9.49% and a trailing twelve-month return on equity of 20.28%.

What ETFs hold Boot Barn's stock?

ETFs with the largest weight of Boot Barn (NYSE:BOOT) stock in their portfolio include Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) , SPDR S&P Retail ETF (XRT) , Direxion Daily Retail Bull 3X Shares (RETL) and SPDR S&P 600 Small Cap ETF (SLY) . JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BBSC) .

What guidance has Boot Barn issued on next quarter's earnings?

Boot Barn issued an update on its FY24 earnings guidance on Thursday, November, 2nd. The company provided earnings per share (EPS) guidance of $4.75-5.00 for the period, compared to the consensus estimate of $5.19. The company issued revenue guidance of $1.677-1.702 billion, compared to the consensus revenue estimate of $1.73 billion.

What is Jim Conroy's approval rating as Boot Barn's CEO?

64 employees have rated Boot Barn Chief Executive Officer Jim Conroy on Glassdoor.com . Jim Conroy has an approval rating of 88% among the company's employees.

What other stocks do shareholders of Boot Barn own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Boot Barn investors own include Hawkins (HWKN) , CA (CA) , Endologix (ELGX) , Chipotle Mexican Grill (CMG) , BlackRock (BLK) , Aegean Marine Petroleum Network (ANW) , Micron Technology (MU) , Accenture (ACN) , Zoetis (ZTS) .

Who are Boot Barn's major shareholders?

Boot Barn's stock is owned by many different institutional and retail investors. Top institutional shareholders include Wellington Management Group LLP (2.97%), Morgan Stanley (1.97%), Allspring Global Investments Holdings LLC (1.95%), Ameriprise Financial Inc. (1.77%), Loomis Sayles & Co. L P (1.73%) and Jennison Associates LLC (1.57%). Insiders that own company stock include Anne Macdonald , Brenda I Morris, Brenda I Morris , Greg Bettinelli , Gregory V Hackman, Gregory V Hackman , James Grant Conroy , James M Watkins, John Hazen , Laurie Marie Grijalva , Michael A Love, Michael A Love and Peter Starrett . View institutional ownership trends .

How do I buy shares of Boot Barn?

Shares of BOOT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Boot Barn Stock Price, News & Analysis (NYSE:BOOT)

$74.58

+0.15 (+0.20%)

(As of 02:21 PM ET)

Compare

Today's Range: $73.10
▼
$75.30
50-Day Range: $68.58
▼
$82.29
52-Week Range: $56.62
▼
$104.91

Volume: 392,655 shs
Average Volume: 771,921 shs
Market Capitalization: $2.26 billion

P/E Ratio: 14.07
Dividend Yield: N/A
Price Target: $102.30

Boot Barn MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.80 Rating Score
Upside/Downside: 37.2% Upside
$102.30 Price Target
Short Interest: Bearish
14.04% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -2.36
Upright™ Environmental Score
News Sentiment: 0.42
Based on 4 Articles This Week
Insider Trading: Selling Shares
$1.14 M Sold Last Quarter
Proj. Earnings Growth: 15.07%
From $4.91 to $5.65 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.20 out of 5 stars

Retail/Wholesale Sector

81st out of 164 stocks

Shoe Stores Industry

3rd out of 3 stocks

3.4

Analyst's Opinion

Consensus Rating
Boot Barn has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 8 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $102.30, Boot Barn has a forecasted upside of 37.2% from its current price of $74.58.
Amount of Analyst Coverage
Boot Barn has only been the subject of 3 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
14.04% of the outstanding shares of Boot Barn have been sold short.
Short Interest Ratio / Days to Cover
Boot Barn has a short interest ratio ("days to cover") of 5.3.
Change versus previous month
Short interest in Boot Barn has recently increased by 5.72%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Boot Barn does not currently pay a dividend.
Dividend Growth
Boot Barn does not have a long track record of dividend growth.

1.8

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Boot Barn has received a -7.97% net impact score from Upright. The largest negative impact of Boot Barn in category "GHG emissions" seems to be driven mostly by its "Jackets and coats", "Dresses and skirts", "Shirts", "Physical retail of footwear at a clothing store", "Boots", and "Hiking boots" products. See details.
Environmental Sustainability
The Environmental Impact score for Boot Barn is -2.36.

1.9

News and Social Media Coverage

News Sentiment
Boot Barn has a news sentiment score of 0.42. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Boot Barn this week, compared to 6 articles on an average week.
MarketBeat Follows
5 people have added Boot Barn to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Boot Barn insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,135,294.00 in company stock.
Percentage Held by Insiders
Only 2.20% of the stock of Boot Barn is held by insiders.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Boot Barn are expected to grow by 15.07% in the coming year, from $4.91 to $5.65 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Boot Barn is 14.07, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.18.
Price to Earnings Ratio vs. Sector
The P/E ratio of Boot Barn is 14.07, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 28.24.
Price to Earnings Growth Ratio
Boot Barn has a PEG Ratio of 7.07. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Boot Barn has a P/B Ratio of 2.86. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Boot Barn Stock (NYSE:BOOT)

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. The company also provides gifts and home merchandise. The company also sells its products through e-commerce websites, including bootbarn.com; sheplers.com; and countryoutfitter.com. The company was formerly known as WW Top Investment Corporation and changed its name to Boot Barn Holdings, Inc. in June 2014. Boot Barn Holdings, Inc. was founded in 1978 and is based in Irvine, California.

BOOT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

BOOT Stock News Headlines

December 7, 2023 | stocknews.com

BURBY, SHOO, and BOOT: Comparing Luxury Stocks Gain Potential for the Holidays

December 4, 2023 | finance.yahoo.com

Designer Brands (DBI) Q3 Earnings: What To Expect

December 7, 2023 | Financial Alphas (Ad)

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December 1, 2023 | bizjournals.com

Resurrected Hyer Boots lassos cowboy boot retailers nationwide, coveted sponsorship

November 30, 2023 | finance.yahoo.com

Earnings To Watch: Genesco (GCO) Reports Q3 Results Tomorrow

November 27, 2023 | msn.com

MPD investigating Boot Barn theft

November 26, 2023 | benzinga.com

Boot Barn Holdings Stock (NYSE:BOOT) Dividends: History, Yield and Dates

November 26, 2023 | finance.yahoo.com

16 Best Rain Jackets for Men and Women

December 7, 2023 | Edge On The Street (Ad)

Henry Ford Would NEVER Have Seen This Coming

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November 24, 2023 | benzinga.com

Boot Barn Holdings Stock (NYSE:BOOT), Analyst Ratings, Price Targets, Predictions

November 22, 2023 | msn.com

B. Riley Securities Initiates Coverage of Boot Barn Holdings (BOOT) with Buy Recommendation

November 21, 2023 | msn.com

Boot Barn gains after B. Riley issues bull call on long-term potential

November 21, 2023 | finance.yahoo.com

Do Options Traders Know Something About Boot Barn (BOOT) Stock We Don't?

November 15, 2023 | msn.com

More than $1,000 of merchandise stolen from Boot Barn

November 12, 2023 | msn.com

Concert at Boot Barn Hall kicks off red kettle season for Salvation Army

November 9, 2023 | markets.businessinsider.com

Analysts Have Conflicting Sentiments on These NA Companies: Affirm Holdings (AFRM) and Boot Barn (BOOT)

November 8, 2023 | news.yahoo.com

Stand out in style at Boot Barn!

November 8, 2023 | bizjournals.com

Boot Barn to open in Hoover retail center

November 7, 2023 | msn.com

Boot Barn Q2 profits sink despite sales spike as costs surge

November 7, 2023 | seekingalpha.com

Boot Barn Holdings, Inc. 2024 Q2 - Results - Earnings Call Presentation

November 6, 2023 | msn.com

Boot Barn to open second Birmingham area location in December

November 6, 2023 | finance.yahoo.com

Boot Barn (BOOT) Q2 Earnings Beat Estimates, Decline Y/Y

November 4, 2023 | markets.businessinsider.com

Buy Rating Upheld for Boot Barn Amidst Growth Potential and Favorable Margins Despite Macroeconomic Slowdown

November 4, 2023 | markets.businessinsider.com

Max Rakhlenko’s Positive Outlook on Boot Barn’s Stock Despite Third-Quarter Complications

November 3, 2023 | markets.businessinsider.com

Analysts Are Bullish on Top NA Stocks: Boot Barn (BOOT), Mister Car Wash (MCW)

November 3, 2023 | msn.com

Boot Barn reports mixed Q2 earnings; initiates Q4 and updates FY23 outlook

November 2, 2023 | finance.yahoo.com

Boot Barn Holdings Inc (BOOT) Reports 6.5% Increase in Total Net Sales for Q2 FY2024

See More Headlines

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Company Calendar

Last Earnings: 11/02/2023
Today: 12/07/2023
Next Earnings (Estimated): 1/24/2024
Fiscal Year End: 3/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Shoe stores
Sub-Industry: N/A
Sector: Retail/Wholesale
Current Symbol: NYSE:BOOT
CUSIP: N/A
CIK: 1610250
Web: www.bootbarn.com
Phone: (949) 453-4400
Fax: 949-453-4406
Employees: 8,800
Year Founded: 1978

Price Target and Rating

Average Stock Price Target: $102.30
High Stock Price Target: $130.00
Low Stock Price Target: $70.00
Potential Upside/Downside: +37.2%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.80
Research Coverage: 10 Analysts

Profitability

EPS (Most Recent Fiscal Year): $5.30
Trailing P/E Ratio: 14.07
Forward P/E Ratio: 15.19
P/E Growth: 7.07
Net Income: $170.55 million
Net Margins: 9.49%
Pretax Margin: 12.67%
Return on Equity: 20.28%
Return on Assets: 10.52%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.05
Quick Ratio: 0.26

Sales & Book Value

Annual Sales: $1.66 billion
Price / Sales: 1.36
Cash Flow: $8.11 per share
Price / Cash Flow: 9.19
Book Value: $26.04 per share
Price / Book: 2.86

Miscellaneous

Outstanding Shares: 30,280,000
Free Float: 29,618,000
Market Cap: $2.26 billion
Optionable: Optionable
Beta: 2.30

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Key Executives

Mr. James G. Conroy (Age 53)
President, CEO & Director
Comp: $1.6M
Mr. James M. Watkins (Age 49)
CFO & Secretary
Comp: $598.62k
Ms. Laurie Grijalva (Age 65)
Chief Merchandising Officer
Comp: $786.91k
Mr. Michael A. Love (Age 62)
Chief Retail Officer
Comp: $659.08k
Mr. John Hazen (Age 47)
Chief Digital Officer
Comp: $704.07k
Mark Dedovesh
Vice President of Investor Relations & Financial Planning

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

BOOT Stock Analysis - Frequently Asked Questions

Should I buy or sell Boot Barn stock right now?: 10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Boot Barn in the last twelve months. There are currently 2 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" BOOT shares.
View BOOT analyst ratings or view top-rated stocks.
What is Boot Barn's stock price target for 2024?: 10 Wall Street research analysts have issued twelve-month target prices for Boot Barn's shares. Their BOOT share price targets range from $70.00 to $130.00. On average, they expect the company's share price to reach $102.30 in the next twelve months. This suggests a possible upside of 37.2% from the stock's current price.
View analysts price targets for BOOT or view top-rated stocks among Wall Street analysts.
How have BOOT shares performed in 2023?: Boot Barn's stock was trading at $62.52 at the beginning of the year. Since then, BOOT shares have increased by 19.3% and is now trading at $74.58.
View the best growth stocks for 2023 here.
Are investors shorting Boot Barn?: Boot Barn saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 4,250,000 shares, an increase of 5.7% from the October 31st total of 4,020,000 shares. Based on an average trading volume of 802,800 shares, the days-to-cover ratio is presently 5.3 days.
View Boot Barn's Short Interest.
When is Boot Barn's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 24th 2024.
View our BOOT earnings forecast.
How were Boot Barn's earnings last quarter?: Boot Barn Holdings, Inc. (NYSE:BOOT) released its quarterly earnings results on Thursday, November, 2nd. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.03. The business earned $374.46 million during the quarter, compared to the consensus estimate of $378.44 million. Boot Barn had a net margin of 9.49% and a trailing twelve-month return on equity of 20.28%.

What ETFs hold Boot Barn's stock?: ETFs with the largest weight of Boot Barn (NYSE:BOOT) stock in their portfolio include Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), SPDR S&P Retail ETF (XRT), Direxion Daily Retail Bull 3X Shares (RETL) and SPDR S&P 600 Small Cap ETF (SLY).JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BBSC).
What guidance has Boot Barn issued on next quarter's earnings?: Boot Barn issued an update on its FY24 earnings guidance on Thursday, November, 2nd. The company provided earnings per share (EPS) guidance of $4.75-5.00 for the period, compared to the consensus estimate of $5.19. The company issued revenue guidance of $1.677-1.702 billion, compared to the consensus revenue estimate of $1.73 billion.
What is Jim Conroy's approval rating as Boot Barn's CEO?: 64 employees have rated Boot Barn Chief Executive Officer Jim Conroy on Glassdoor.com. Jim Conroy has an approval rating of 88% among the company's employees.
What other stocks do shareholders of Boot Barn own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Boot Barn investors own include Hawkins (HWKN), CA (CA), Endologix (ELGX), Chipotle Mexican Grill (CMG), BlackRock (BLK), Aegean Marine Petroleum Network (ANW), Micron Technology (MU), Accenture (ACN), Zoetis (ZTS).
Who are Boot Barn's major shareholders?: Boot Barn's stock is owned by many different institutional and retail investors. Top institutional shareholders include Wellington Management Group LLP (2.97%), Morgan Stanley (1.97%), Allspring Global Investments Holdings LLC (1.95%), Ameriprise Financial Inc. (1.77%), Loomis Sayles & Co. L P (1.73%) and Jennison Associates LLC (1.57%). Insiders that own company stock include Anne Macdonald, Brenda I Morris, Brenda I Morris, Greg Bettinelli, Gregory V Hackman, Gregory V Hackman, James Grant Conroy, James M Watkins, John Hazen, Laurie Marie Grijalva, Michael A Love, Michael A Love and Peter Starrett.
View institutional ownership trends.
How do I buy shares of Boot Barn?: Shares of BOOT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:BOOT) was last updated on 12/7/2023 by MarketBeat.com Staff

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