Boot Barn - BOOT Stock Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Boot Barn in the last twelve months. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" BOOT shares.
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8 analysts have issued 1 year price targets for Boot Barn's shares. Their BOOT share price forecasts range from $76.00 to $110.00. On average, they predict the company's share price to reach $92.80 in the next year. This suggests a possible upside of 24.7% from the stock's current price.
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Boot Barn's stock was trading at $62.52 on January 1st, 2023. Since then, BOOT shares have increased by 19.1% and is now trading at $74.44.
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Boot Barn saw a decrease in short interest in the month of February. As of February 15th, there was short interest totaling 2,500,000 shares, a decrease of 11.0% from the January 31st total of 2,810,000 shares. Based on an average daily trading volume, of 695,900 shares, the days-to-cover ratio is currently 3.6 days.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 9th 2023.
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Boot Barn Holdings, Inc. (NYSE:BOOT) posted its quarterly earnings data on Wednesday, January, 25th. The company reported $1.74 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $1.74. The company had revenue of $514.55 million for the quarter, compared to analyst estimates of $514.44 million. Boot Barn had a net margin of 10.45% and a trailing twelve-month return on equity of 25.42%. The firm's revenue for the quarter was up 5.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.23 earnings per share.

ETFs with the largest weight of Boot Barn (NYSE:BOOT) stock in their portfolio include Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), Nuveen Small Cap Select ETF (NSCS), SPDR S&P Retail ETF (XRT), Direxion Daily Retail Bull 3X Shares (RETL), First Trust Small Cap Growth AlphaDEX Fund (FYC), Xtrackers S&P SmallCap 600 ESG ETF (SMLE), SPDR S&P SmallCap 600 ESG ETF (ESIX) and Principal U.S. Small-Cap Multi-Factor ETF (PSC).

Boot Barn updated its fourth quarter 2023 earnings guidance on Wednesday, January, 25th. The company provided earnings per share guidance of $1.42-$1.51 for the period, compared to the consensus estimate of $1.62. The company issued revenue guidance of $438.00 million-$448.00 million, compared to the consensus revenue estimate of $433.13 million.

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.

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), Honeywell International (HON) and Zoetis (ZTS).

Boot Barn trades on the New York Stock Exchange (NYSE) under the ticker symbol "BOOT."

Boot Barn's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Marshall Wace LLP (3.77%), Dimensional Fund Advisors LP (3.54%), Franklin Resources Inc. (1.97%), Geode Capital Management LLC (1.76%), The Manufacturers Life Insurance Company (1.71%) and TimesSquare Capital Management LLC (1.40%). 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.
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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.
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One share of BOOT stock can currently be purchased for approximately $74.44.

Boot Barn (NYSE:BOOT) has a market capitalization of $2.22 billion and generates $1.49 billion in revenue each year. The company earns $192.45 million in net income (profit) each year or $5.56 on an earnings per share basis.

The company employs 8,400 workers across the globe.

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.