FY2025 EPS Estimates for Boot Barn Lifted by William Blair

Boot Barn Holdings, Inc. (NYSE:BOOT - Free Report) - Research analysts at William Blair raised their FY2025 EPS estimates for Boot Barn in a report issued on Saturday, January 11th. William Blair analyst D. Carden now forecasts that the company will post earnings of $5.82 per share for the year, up from their previous estimate of $5.41. The consensus estimate for Boot Barn's current full-year earnings is $5.48 per share. William Blair also issued estimates for Boot Barn's Q4 2025 earnings at $1.24 EPS, Q4 2026 earnings at $1.46 EPS, FY2026 earnings at $6.97 EPS and FY2027 earnings at $8.26 EPS.

A number of other analysts have also weighed in on BOOT. Citigroup dropped their price objective on Boot Barn from $194.00 to $178.00 and set a "buy" rating for the company in a research note on Tuesday, October 29th. UBS Group raised Boot Barn from a "neutral" rating to a "buy" rating and raised their target price for the stock from $155.00 to $210.00 in a research note on Friday. Williams Trading reaffirmed a "buy" rating and set a $173.00 price target on shares of Boot Barn in a research report on Tuesday, October 29th. JPMorgan Chase & Co. boosted their target price on Boot Barn from $181.00 to $188.00 and gave the company an "overweight" rating in a research note on Wednesday, January 8th. Finally, Bank of America started coverage on Boot Barn in a research note on Tuesday, January 7th. They issued a "buy" rating and a $187.00 price target for the company. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, Boot Barn presently has an average rating of "Moderate Buy" and a consensus price target of $171.17.

Boot Barn Stock Performance

Shares of BOOT stock traded down $4.37 on Tuesday, hitting $150.60. 1,218,797 shares of the company's stock traded hands, compared to its average volume of 879,387. The stock has a market capitalization of $4.60 billion, a price-to-earnings ratio of 30.24 and a beta of 2.10. The company's fifty day simple moving average is $145.07 and its 200 day simple moving average is $143.25. Boot Barn has a one year low of $69.35 and a one year high of $169.83.

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

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in BOOT. GHP Investment Advisors Inc. bought a new stake in Boot Barn in the 3rd quarter worth approximately $25,000. Canada Pension Plan Investment Board purchased a new stake in Boot Barn during the second quarter valued at $64,000. GAMMA Investing LLC lifted its holdings in Boot Barn by 100.8% in the third quarter. GAMMA Investing LLC now owns 534 shares of the company's stock valued at $89,000 after acquiring an additional 268 shares during the period. USA Financial Formulas purchased a new position in Boot Barn in the third quarter worth about $92,000. Finally, KBC Group NV grew its stake in shares of Boot Barn by 23.3% during the 3rd quarter. KBC Group NV now owns 951 shares of the company's stock valued at $159,000 after purchasing an additional 180 shares during the period.

Insider Activity at Boot Barn

In other Boot Barn news, CEO John Hazen sold 6,311 shares of the business's stock in a transaction dated 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 owns 3,937 shares of the company's stock, valued at approximately $602,282.26. The trade was 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 hyperlink. 1.00% of the stock is currently 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.