BOOT has been the subject of a number of other research reports. B. Riley reaffirmed a neutral rating and set a $12.00 target price on shares of Boot Barn Holdings in a report on Friday, September 9th. Zacks Investment Research upgraded Boot Barn Holdings from a sell rating to a hold rating in a research report on Tuesday, July 19th. TheStreet upgraded Boot Barn Holdings from a sell rating to a hold rating in a research report on Friday, July 22nd. Wells Fargo & Co. reiterated a hold rating on shares of Boot Barn Holdings in a research report on Wednesday, July 27th. Finally, Jefferies Group lifted their price target on Boot Barn Holdings from $12.00 to $13.00 and gave the company a buy rating in a research report on Wednesday, July 27th. Eight investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Boot Barn Holdings presently has an average rating of Hold and a consensus target price of $10.33.
Boot Barn Holdings (NYSE:BOOT) opened at 10.81 on Tuesday. The company has a 50-day moving average of $11.58 and a 200-day moving average of $9.32. The company has a market cap of $285.51 million, a PE ratio of 34.76 and a beta of 1.48. Boot Barn Holdings has a 52 week low of $5.20 and a 52 week high of $18.74.
Boot Barn Holdings (NYSE:BOOT) last released its earnings results on Tuesday, July 26th. The company reported $0.02 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.02. Boot Barn Holdings had a return on equity of 10.44% and a net margin of 1.36%. The firm earned $133.40 million during the quarter, compared to the consensus estimate of $130.73 million. During the same quarter in the previous year, the company posted $0.11 earnings per share. The company’s revenue was up 39.0% compared to the same quarter last year. On average, equities analysts expect that Boot Barn Holdings will post $0.68 EPS for the current year.
Several hedge funds have recently modified their holdings of BOOT. Rhumbline Advisers boosted its stake in shares of Boot Barn Holdings by 25.6% in the second quarter. Rhumbline Advisers now owns 13,302 shares of the company’s stock valued at $115,000 after buying an additional 2,710 shares during the last quarter. Renaissance Technologies LLC purchased a new stake in shares of Boot Barn Holdings during the first quarter valued at approximately $133,000. Bayesian Capital Management LP purchased a new stake in shares of Boot Barn Holdings during the first quarter valued at approximately $138,000. Quantitative Systematic Strategies LLC purchased a new stake in shares of Boot Barn Holdings during the second quarter valued at approximately $127,000. Finally, Bank of Montreal Can purchased a new stake in shares of Boot Barn Holdings during the second quarter valued at approximately $149,000.
Boot Barn Holdings Company Profile
Boot Barn Holdings, Inc is a lifestyle retailer of western and work-related footwear, apparel and accessories for men, women and children. The Company’s stores are located in or near neighborhood shopping centers with trade areas of approximately five or more miles, and it has opened stores in malls and outlet center locations.
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