Q3 Earnings Estimate for Boot Barn Issued By Seaport Res Ptn

Boot Barn Holdings, Inc. (NYSE:BOOT - Free Report) - Equities researchers at Seaport Res Ptn reduced their Q3 2025 EPS estimates for shares of Boot Barn in a research report issued on Tuesday, October 29th. Seaport Res Ptn analyst M. Kummetz now expects that the company will post earnings of $2.07 per share for the quarter, down from their previous forecast of $2.10. The consensus estimate for Boot Barn's current full-year earnings is $5.29 per share.

BOOT has been the topic of several other reports. Baird R W raised shares of Boot Barn from a "hold" rating to a "strong-buy" rating in a research report on Wednesday. BTIG Research boosted their price objective on shares of Boot Barn from $165.00 to $185.00 and gave the company a "buy" rating in a research report on Tuesday. Benchmark reaffirmed a "buy" rating and issued a $192.00 price objective on shares of Boot Barn in a research report on Tuesday. Williams Trading reaffirmed a "buy" rating and issued a $173.00 price objective on shares of Boot Barn in a research report on Tuesday. Finally, JPMorgan Chase & Co. boosted their price target on shares of Boot Barn from $160.00 to $181.00 and gave the stock an "overweight" rating in a research report on Tuesday. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Boot Barn has a consensus rating of "Moderate Buy" and a consensus target price of $164.55.

Boot Barn Stock Down 2.1 %

BOOT traded down $2.65 during trading on Thursday, hitting $124.54. The company had a trading volume of 894,794 shares, compared to its average volume of 764,785. The company has a market capitalization of $3.79 billion, a PE ratio of 25.94 and a beta of 2.12. Boot Barn has a one year low of $66.73 and a one year high of $169.83. The firm's 50-day moving average price is $154.30 and its 200 day moving average price is $132.35.

Boot Barn (NYSE:BOOT - Get Free Report) last announced its quarterly earnings results on Monday, October 28th. The company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.02. The company had revenue of $425.80 million during the quarter, compared to analyst estimates of $424.42 million. Boot Barn had a net margin of 8.89% and a return on equity of 16.44%. The firm's revenue was up 13.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.91 EPS.

Institutional Investors Weigh In On Boot Barn

A number of institutional investors and hedge funds have recently modified their holdings of the company. Portside Wealth Group LLC bought a new stake in shares of Boot Barn in the 3rd quarter valued at about $383,000. James Investment Research Inc. raised its holdings in shares of Boot Barn by 10.4% in the 3rd quarter. James Investment Research Inc. now owns 12,274 shares of the company's stock valued at $2,053,000 after purchasing an additional 1,153 shares during the period. Cantor Fitzgerald Investment Advisors L.P. bought a new stake in shares of Boot Barn in the 3rd quarter valued at about $408,000. GHP Investment Advisors Inc. bought a new stake in shares of Boot Barn in the 3rd quarter valued at about $25,000. Finally, Trust Point Inc. grew its stake in Boot Barn by 0.8% in the 3rd quarter. Trust Point Inc. now owns 9,112 shares of the company's stock valued at $1,524,000 after buying an additional 71 shares during the last quarter.

About Boot Barn

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.