NYSE:BOOT

Boot Barn (BOOT) Stock Forecast, Price & News

$81.19

-1.09 (-1.32%)

(As of 09/29/2023 ET)

Compare

Today's Range: $80.86
▼
$84.76
50-Day Range: $79.41
▼
$101.65
52-Week Range: $50.20
▼
$104.91

Volume: 654,592 shs
Average Volume: 674,963 shs
Market Capitalization: $2.43 billion

P/E Ratio: 14.87
Dividend Yield: N/A
Price Target: $108.00

Boot Barn MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.78 Rating Score
Upside/Downside: 33.0% Upside
$108.00 Price Target
Short Interest: Bearish
11.44% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -2.36
Upright™ Environmental Score
News Sentiment: 0.38
Based on 8 Articles This Week
Insider Trading: Selling Shares
$12.13 M Sold Last Quarter
Proj. Earnings Growth: 19.73%
From $5.27 to $6.31 Per Share

Overall MarketRank^™

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

2.55 out of 5 stars

Retail/Wholesale Sector

47th out of 216 stocks

Shoe Stores Industry

2nd out of 5 stocks

4.4

Analyst's Opinion

Consensus Rating
Boot Barn has received a consensus rating of Moderate Buy. The company's average rating score is 2.78, and is based on 7 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $108.00, Boot Barn has a forecasted upside of 33.0% from its current price of $81.19.
Amount of Analyst Coverage
Boot Barn has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.0

Short Interest

Percentage of Shares Shorted
11.44% 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 4.9.
Change versus previous month
Short interest in Boot Barn has recently increased by 19.93%, 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.

2.4

News and Social Media Coverage

News Sentiment
Boot Barn has a news sentiment score of 0.38. 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 is a lower news sentiment than the 0.60 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for Boot Barn this week, compared to 6 articles on an average week.
Search Interest
Only 5 people have searched for BOOT on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days.
MarketBeat Follows
4 people have added Boot Barn to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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 $12,134,150.00 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 19.73% in the coming year, from $5.27 to $6.31 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Boot Barn is 14.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.30.
Price to Earnings Ratio vs. Sector
The P/E ratio of Boot Barn is 14.87, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 21.69.
Price to Earnings Growth Ratio
Boot Barn has a PEG Ratio of 2.44. 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 3.12. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Boot Barn (NYSE:BOOT) Stock

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 Price History

30 days | 90 days | 365 days | Advanced Chart

BOOT Stock News Headlines

September 28, 2023 | msn.com

Little Big Town introduces Dylan Dreyer to Nashville’s hot chicken: ‘I’m actually sweating’

September 28, 2023 | finance.yahoo.com

Target (TGT) Plans to Close Nine Stores & Boost Store Security

September 30, 2023 | The Oxford Club (Ad)

Better Than Oil Stocks?

The best way to profit from energy is NOT a stock...Rather, it's this little-known alternative investment.

September 27, 2023 | markets.businessinsider.com

Analysts Offer Insights on NA Companies: Carnival (CCL), Boot Barn (BOOT) and Topgolf Callaway Brands (MODG)

September 26, 2023 | finance.yahoo.com

MarineMax (HZO) Arm to Acquire Atalanta Golden Yachts in Greece

September 25, 2023 | americanbankingnews.com

Boot Barn Holdings, Inc. (NYSE:BOOT) Given Consensus Recommendation of "Moderate Buy" by Brokerages

September 20, 2023 | finance.yahoo.com

Target (TGT) Gears Up to Offer Great Deals & Values This Holiday

September 18, 2023 | msn.com

Western Wear Trends With Boot Barn

September 30, 2023 | The Oxford Club (Ad)

Better Than Oil Stocks?

The best way to profit from energy is NOT a stock...Rather, it's this little-known alternative investment.

September 13, 2023 | yahoo.com

Boot Barn CEO Says Highest-Priced Items Are Top-Sellers, Despite Inflation

September 12, 2023 | fool.com

Boot Barn (NYSE: BOOT)

September 12, 2023 | finance.yahoo.com

Is ACV Auctions (ACVA) Outperforming Other Retail-Wholesale Stocks This Year?

September 12, 2023 | finance.yahoo.com

Calculating The Intrinsic Value Of Boot Barn Holdings, Inc. (NYSE:BOOT)

September 10, 2023 | bizjournals.com

'What’s the next thing?': How this CEO turned this footwear company around

September 8, 2023 | finance.yahoo.com

Boot Barn Holdings, Inc. Announces September Conference Schedule

August 31, 2023 | msn.com

Boot Barn Holdings (BOOT) Price Target Increased by 16.73% to 113.61

August 28, 2023 | msn.com

Boot Barn: Valuation Is Still Too High

August 26, 2023 | msn.com

Boot Barn moves to the mall

August 23, 2023 | finance.yahoo.com

Is Boot Barn (BOOT) Stock Outpacing Its Retail-Wholesale Peers This Year?

August 23, 2023 | finance.yahoo.com

Urban Outfitters (URBN) Q2 Earnings Beat, Sales Improve Y/Y

August 22, 2023 | finance.yahoo.com

Macy's (M) Q2 Earnings Surpass Estimates, Comps Sales Decline

August 22, 2023 | finance.yahoo.com

Lowe's (LOW) Q2 Earnings Beat Estimates, Sales Fall Y/Y

August 17, 2023 | yahoo.com

What Boot Barn’s CEO Says About Taylor Swift

August 16, 2023 | markets.businessinsider.com

Boot Barn (BOOT) Receives a Buy from Craig-Hallum

August 4, 2023 | yahoo.com

Western Boot Store CEO: Taylor Swift Concerts Did Not Impact Business

August 4, 2023 | msn.com

B of A Securities Maintains Boot Barn Holdings (BOOT) Buy Recommendation

August 3, 2023 | msn.com

Why Traeger Stock Skyrocketed Thursday

See More Headlines

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BOOT Company Calendar

Last Earnings: 8/02/2023
Today: 9/30/2023
Next Earnings (Estimated): 10/25/2023
Fiscal Year End: 3/31/2024

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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 Forecast: $108.00
High Stock Price Forecast: $130.00
Low Stock Price Forecast: $70.00
Forecasted Upside/Downside: +33.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.78
Research Coverage: 9 Analysts

Profitability

EPS (Most Recent Fiscal Year): $5.46
Trailing P/E Ratio: 14.87
Forward P/E Ratio: 15.41
P/E Growth: 2.35
Net Income: $170.55 million
Net Margins: 9.88%
Pretax Margin: 13.13%
Return on Equity: 22.03%
Return on Assets: 10.95%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.02
Quick Ratio: 0.21

Sales & Book Value

Annual Sales: $1.68 billion
Price / Sales: 1.45
Cash Flow: $8.73 per share
Price / Cash Flow: 9.30
Book Value: $26.04 per share
Price / Book: 3.12

Miscellaneous

Outstanding Shares: 29,992,000
Free Float: 29,332,000
Market Cap: $2.44 billion
Optionable: Optionable
Beta: 2.34

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Key Executives

Mr. James G. Conroy (Age 53)
Pres, CEO & Director
Comp: $1.6M

Mr. James M. Watkins (Age 49)
CFO & Sec.
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
VP of Investor Relations & Financial Planning

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

BOOT Stock - Frequently Asked Questions

Should I buy or sell Boot Barn stock right now?: 9 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 7 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 forecast for 2023?: 9 analysts have issued 12-month price targets for Boot Barn's stock. Their BOOT share price forecasts range from $70.00 to $130.00. On average, they predict the company's stock price to reach $108.00 in the next year. This suggests a possible upside of 33.0% 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 on January 1st, 2023. Since then, BOOT shares have increased by 29.9% and is now trading at $81.19.
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 September. As of September 15th, there was short interest totaling 3,430,000 shares, an increase of 19.9% from the August 31st total of 2,860,000 shares. Based on an average trading volume of 704,200 shares, the days-to-cover ratio is currently 4.9 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, October 25th 2023.
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 Wednesday, August, 2nd. The company reported $1.11 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.84 by $0.27. The business had revenue of $383.70 million for the quarter, compared to the consensus estimate of $362.49 million. Boot Barn had a net margin of 9.88% and a trailing twelve-month return on equity of 22.03%.
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).
Is Boot Barn a good dividend stock?: Boot Barn (NYSE:BOOT) pays an annual dividend of $0.50 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 9.16%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BOOT will have a dividend payout ratio of 7.92% next year. This indicates that the company will be able to sustain or increase its dividend.

What guidance has Boot Barn issued on next quarter's earnings?: Boot Barn issued an update on its second quarter 2024 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share guidance of $0.84-$0.90 for the period, compared to the consensus earnings per share estimate of $0.86. The company issued revenue guidance of $372.00 million-$379.00 million, compared to the consensus revenue estimate of $365.42 million.
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).
What is Boot Barn's stock symbol?: Boot Barn trades on the New York Stock Exchange (NYSE) under the ticker symbol "BOOT."
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.
What is Boot Barn's stock price today?: One share of BOOT stock can currently be purchased for approximately $81.19.
How much money does Boot Barn make?: Boot Barn (NYSE:BOOT) has a market capitalization of $2.44 billion and generates $1.68 billion in revenue each year. The company earns $170.55 million in net income (profit) each year or $5.46 on an earnings per share basis.
How many employees does Boot Barn have?: The company employs 8,800 workers across the globe.
How can I contact Boot Barn?: Boot Barn's mailing address is 15345 BARRANCA PARKWAY, IRVINE CA, 92618. The official website for the company is www.bootbarn.com. The company can be reached via phone at (949) 453-4400, via email at bootbarnir@icrinc.com, or via fax at 949-453-4406.

This page (NYSE:BOOT) was last updated on 9/30/2023 by MarketBeat.com Staff

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