William Blair Issues Positive Outlook for Boot Barn Earnings

Boot Barn Holdings, Inc. (NYSE:BOOT - Free Report) - William Blair increased their Q1 2026 EPS estimates for Boot Barn in a research note issued on Friday, January 31st. William Blair analyst D. Carden now forecasts that the company will post earnings per share of $1.55 for the quarter, up from their prior estimate of $1.48. The consensus estimate for Boot Barn's current full-year earnings is $5.84 per share. William Blair also issued estimates for Boot Barn's Q1 2027 earnings at $1.91 EPS, Q2 2027 earnings at $1.40 EPS and Q3 2027 earnings at $3.26 EPS.

Several other equities analysts also recently weighed in on BOOT. Benchmark reissued a "buy" rating and set a $192.00 target price on shares of Boot Barn in a research report on Tuesday, October 29th. Robert W. Baird upgraded shares of Boot Barn from a "neutral" rating to an "outperform" rating and set a $167.00 price objective on the stock in a research report on Wednesday, October 30th. BTIG Research raised their target price 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. Baird R W upgraded shares of Boot Barn from a "hold" rating to a "strong-buy" rating in a report on Wednesday, October 30th. Finally, Piper Sandler reissued an "overweight" rating and issued a $181.00 price objective (up previously from $179.00) on shares of Boot Barn in a research note on Friday, January 31st. Two equities 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. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $181.58.

Boot Barn Stock Down 2.1 %

NYSE BOOT traded down $3.09 during trading hours on Monday, hitting $140.97. 783,477 shares of the company were exchanged, compared to its average volume of 991,978. Boot Barn has a 52 week low of $81.08 and a 52 week high of $176.64. The stock has a 50-day moving average price of $153.77 and a 200 day moving average price of $147.08. The stock has a market cap of $4.30 billion, a PE ratio of 25.17, a price-to-earnings-growth ratio of 1.45 and a beta of 2.10.

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

Insider Transactions at Boot Barn

In related news, CEO John Hazen sold 6,311 shares of the stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $152.98, for a total value of $965,456.78. Following the transaction, the chief executive officer now owns 3,937 shares in the company, valued at approximately $602,282.26. This represents a 61.58 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.00% of the company's stock.

Institutional Trading of Boot Barn

Several large investors have recently made changes to their positions in BOOT. Stephens Investment Management Group LLC acquired a new position in Boot Barn during the fourth quarter valued at $46,699,000. Proficio Capital Partners LLC acquired a new position in shares of Boot Barn in the 4th quarter valued at about $45,177,000. Raymond James Financial Inc. acquired a new position in shares of Boot Barn in the 4th quarter valued at about $42,440,000. Artemis Investment Management LLP purchased a new stake in shares of Boot Barn in the fourth quarter worth about $36,361,000. Finally, TimesSquare Capital Management LLC grew its holdings in Boot Barn by 134.5% during the fourth quarter. TimesSquare Capital Management LLC now owns 289,641 shares of the company's stock worth $43,973,000 after acquiring an additional 166,121 shares during the period.

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.