Seaport Res Ptn Increases Earnings Estimates for Boot Barn

Boot Barn Holdings, Inc. (NYSE:BOOT - Free Report) - Investment analysts at Seaport Res Ptn increased their FY2025 earnings per share (EPS) estimates for Boot Barn in a research note issued on Thursday, January 30th. Seaport Res Ptn analyst M. Kummetz now anticipates that the company will post earnings of $5.84 per share for the year, up from their prior forecast of $5.67. The consensus estimate for Boot Barn's current full-year earnings is $5.84 per share. Seaport Res Ptn also issued estimates for Boot Barn's Q4 2025 earnings at $1.25 EPS, FY2026 earnings at $6.76 EPS and FY2027 earnings at $7.84 EPS.

A number of other equities research analysts also recently commented on the company. StockNews.com upgraded Boot Barn from a "sell" rating to a "hold" rating in a report on Monday. BTIG Research increased their price target on shares of Boot Barn from $185.00 to $190.00 and gave the company a "buy" rating in a research report on Monday, January 13th. Bank of America boosted their price objective on shares of Boot Barn from $187.00 to $192.00 and gave the company a "buy" rating in a report on Wednesday, January 15th. JPMorgan Chase & Co. increased their target price on shares of Boot Barn from $200.00 to $209.00 and gave the stock an "overweight" rating in a report on Friday, January 31st. Finally, Benchmark reissued a "buy" rating and issued a $192.00 price target on shares of Boot Barn in a report on Tuesday, October 29th. Two research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Boot Barn presently has an average rating of "Moderate Buy" and an average price target of $181.58.

Boot Barn Stock Performance

BOOT traded down $3.09 during trading on Monday, reaching $140.97. 783,477 shares of the company's stock were exchanged, compared to its average volume of 991,978. The company's fifty day moving average price is $153.77 and its 200-day moving average price is $147.08. The firm has a market capitalization of $4.30 billion, a PE ratio of 25.17, a P/E/G ratio of 1.45 and a beta of 2.10. Boot Barn has a fifty-two week low of $81.08 and a fifty-two week high of $176.64.

Boot Barn (NYSE:BOOT - Get Free Report) last issued its quarterly earnings results on Thursday, January 30th. The company reported $2.43 EPS for the quarter, topping the consensus estimate of $2.05 by $0.38. Boot Barn had a net margin of 9.36% and a return on equity of 17.11%.

Institutional Investors Weigh In On Boot Barn

Institutional investors and hedge funds have recently made changes to their positions in the stock. Geode Capital Management LLC increased its holdings in Boot Barn by 1.0% during the third quarter. Geode Capital Management LLC now owns 676,277 shares of the company's stock worth $113,150,000 after buying an additional 6,369 shares during the last quarter. Dale Q Rice Investment Management Ltd acquired a new position in shares of Boot Barn during the 4th quarter worth about $1,544,000. Algert Global LLC raised its holdings in shares of Boot Barn by 653.9% in the 3rd quarter. Algert Global LLC now owns 23,001 shares of the company's stock valued at $3,848,000 after purchasing an additional 19,950 shares during the period. Blueshift Asset Management LLC acquired a new stake in Boot Barn in the 3rd quarter valued at about $3,343,000. Finally, Victory Capital Management Inc. grew its holdings in Boot Barn by 51.1% during the third quarter. Victory Capital Management Inc. now owns 14,362 shares of the company's stock worth $2,402,000 after purchasing an additional 4,856 shares during the period.

Insider Activity at Boot Barn

In other Boot Barn news, CEO John Hazen sold 6,311 shares of the firm's stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $152.98, for a total value of $965,456.78. Following the completion of the transaction, the chief executive officer now directly owns 3,937 shares in the company, valued at $602,282.26. This trade represents a 61.58 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.00% of the stock is owned by insiders.

Boot Barn Company Profile

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.