KeyCorp Issues Positive Estimate for Boot Barn Earnings

Boot Barn Holdings, Inc. (NYSE:BOOT - Free Report) - KeyCorp increased their Q4 2025 EPS estimates for shares of Boot Barn in a report released on Wednesday, January 22nd. KeyCorp analyst A. Owens now anticipates that the company will post earnings per share of $1.22 for the quarter, up from their previous forecast of $1.17. KeyCorp has a "Overweight" rating and a $190.00 price target on the stock. The consensus estimate for Boot Barn's current full-year earnings is $5.80 per share.

Boot Barn (NYSE:BOOT - Get Free Report) last released its earnings results on Monday, October 28th. The company reported $0.95 EPS for the quarter, topping analysts' consensus estimates of $0.93 by $0.02. Boot Barn had a net margin of 8.73% and a return on equity of 15.89%. The firm had revenue of $425.80 million during the quarter, compared to analyst estimates of $424.42 million. During the same quarter in the previous year, the business earned $0.91 EPS. The business's quarterly revenue was up 13.7% compared to the same quarter last year.

A number of other equities research analysts have also issued reports on BOOT. Robert W. Baird raised Boot Barn from a "neutral" rating to an "outperform" rating and set a $167.00 target price on the stock in a research report on Wednesday, October 30th. Benchmark reissued a "buy" rating and set a $192.00 price target on shares of Boot Barn in a research report on Tuesday, October 29th. Baird R W raised shares of Boot Barn from a "hold" rating to a "strong-buy" rating in a report on Wednesday, October 30th. Craig Hallum cut shares of Boot Barn from a "buy" rating to a "hold" rating and lifted their price objective for the stock from $154.00 to $162.00 in a research note on Friday, October 25th. Finally, BTIG Research upped their price target on shares of Boot Barn from $185.00 to $190.00 and gave the stock a "buy" rating in a report on Monday, January 13th. One research analyst has rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Buy" and a consensus price target of $173.00.

Boot Barn Stock Up 0.3 %

NYSE BOOT traded up $0.50 during trading on Friday, reaching $169.00. 231,248 shares of the stock traded hands, compared to its average volume of 822,485. Boot Barn has a fifty-two week low of $71.54 and a fifty-two week high of $170.77. The stock's 50-day moving average price is $149.18 and its 200 day moving average price is $144.71. The firm has a market cap of $5.16 billion, a price-to-earnings ratio of 33.93, a price-to-earnings-growth ratio of 1.48 and a beta of 2.10.

Insider Activity

In related news, CEO John Hazen sold 6,311 shares of the company's stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $152.98, for a total transaction of $965,456.78. Following the sale, the chief executive officer now owns 3,937 shares in the company, valued at $602,282.26. This represents a 61.58 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.00% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of BOOT. GHP Investment Advisors Inc. acquired a new position in shares of Boot Barn during the third quarter worth approximately $25,000. Blue Trust Inc. grew its position in Boot Barn by 1,430.0% during the fourth quarter. Blue Trust Inc. now owns 153 shares of the company's stock valued at $26,000 after buying an additional 143 shares during the period. Canada Pension Plan Investment Board bought a new position in shares of Boot Barn during the 2nd quarter valued at approximately $64,000. GAMMA Investing LLC increased its position in Boot Barn by 100.8% in the third quarter. GAMMA Investing LLC now owns 534 shares of the company's stock worth $89,000 after buying an additional 268 shares during the last quarter. Finally, USA Financial Formulas purchased a new stake in Boot Barn in the 3rd quarter worth about $92,000.

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.