Boot Barn (BOOT) Stock Price, News & Analysis

Company Overview

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. The company also provides gifts and home merchandise. The company also sells its products through e-commerce websites, including bootbarn.com; sheplers.com; and countryoutfitter.com. The company was formerly known as WW Top Investment Corporation and changed its name to Boot Barn Holdings, Inc. in June 2014. Boot Barn Holdings, Inc. was founded in 1978 and is based in Irvine, California.

Key Stats

• Today's Range: $143.52 to $150.27
• 50-Day Range: $124.54 to $167.40
• 52-Week Range: $68.37 to $169.83
• Volume: 769,217 shs
• Average Volume: 759,769 shs
• Market Capitalization: $4.51 billion
• P/E Ratio: 29.67
• Dividend Yield: N/A
• Price Target: $164.55
• Consensus Rating: Moderate Buy

Boot Barn Stock Analysis - MarketRank™

Boot Barn scored higher than 87% of companies evaluated by MarketBeat, and ranked 56th out of 219 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Boot Barn has received a consensus rating of Moderate Buy. The company's average rating score is 2.85, and is based on 9 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Boot Barn has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 19.71%

Earnings Growth

Earnings for Boot Barn are expected to grow by 19.71% in the coming year, from $5.48 to $6.56 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Boot Barn is 29.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.46.

Price to Earnings Ratio vs. Sector

The P/E ratio of Boot Barn is 29.67, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 108.79.

Price to Book Value per Share Ratio

Boot Barn has a P/B Ratio of 4.74. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

7.01% of the outstanding shares of Boot Barn have been sold short.

Short Interest Ratio / Days to Cover

Boot Barn has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Boot Barn has recently increased by 7.00%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Boot Barn does not currently pay a dividend.

Dividend Growth

Boot Barn does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Boot Barn is 10.04%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Boot Barn will have a dividend payout ratio of 7.62% next year. This indicates that Boot Barn will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.8 / 5
• Environmental Score: -2.36

Percentage of Shares Shorted

7.01% of the outstanding shares of Boot Barn have been sold short.

Short Interest Ratio / Days to Cover

Boot Barn has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Boot Barn has recently increased by 7.00%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 1.11

News Sentiment

Boot Barn has a news sentiment score of 1.11. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Boot Barn this week, compared to 10 articles on an average week.

Search Interest

Only 9 people have searched for BOOT on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Boot Barn to their MarketBeat watchlist in the last 30 days. This is a decrease of -90% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Boot Barn insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.00% of the stock of Boot Barn is held by insiders.

BOOT Stock Analysis - Frequently Asked Questions

How have BOOT shares performed this year?

Boot Barn's stock was trading at $76.76 at the start of the year. Since then, BOOT shares have increased by 92.5% and is now trading at $147.75.
View the best growth stocks for 2024 here.

How were Boot Barn's earnings last quarter?

Boot Barn Holdings, Inc. (NYSE:BOOT) released its quarterly 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. The business's revenue for the quarter was up 13.7% on a year-over-year basis.

Who are Boot Barn's major shareholders?

Boot Barn's top institutional shareholders include FMR LLC (4.92%), Wellington Management Group LLP (4.77%), Wasatch Advisors LP (4.49%) and State Street Corp (3.96%). Insiders that own company stock include Gregory V Hackman, James Grant Conroy, Peter Starrett, James M Watkins, Laurie Marie Grijalva, Brenda I Morris, Michael A Love, Gene Eddie Burt and John Hazen.
View institutional ownership trends.

How do I buy shares of Boot Barn?

Shares of BOOT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Boot Barn own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Boot Barn investors own include Hawkins (HWKN), Chipotle Mexican Grill (CMG), NVIDIA (NVDA), Xtrackers California Municipal Bond ETF (CA), Endologix (ELGX), Meta Platforms (META) and Advanced Micro Devices (AMD).

Company Calendar

• Last Earnings: 10/28/2024
• Today: 12/21/2024
• Fiscal Year End: 3/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Retail/Wholesale
• Industry: Shoe stores
• Sub-Industry: Retail
• Current Symbol: NYSE:BOOT
• CUSIP: N/A
• CIK: 1610250
• Web: www.bootbarn.com
• Phone: (949) 453-4400
• Fax: 949-453-4406
• Employees: 11,300
• Year Founded: 1978

Price Target and Rating

• Average Stock Price Target: $164.55
• High Stock Price Target: $192.00
• Low Stock Price Target: $83.00
• Potential Upside/Downside: +11.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.85
• Research Coverage: 13 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $4.98
• Trailing P/E Ratio: 29.67
• Forward P/E Ratio: 26.96
• P/E Growth: N/A
• Net Income: $147 million
• Net Margins: 8.73%
• Pretax Margin: 11.65%
• Return on Equity: 15.89%
• Return on Assets: 8.72%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.25
• Quick Ratio: 0.26

Sales & Book Value

• Annual Sales: $1.76 billion
• Price / Sales: 2.57
• Cash Flow: $6.68 per share
• Price / Cash Flow: 22.12
• Book Value: $31.14 per share
• Price / Book: 4.74

Miscellaneous

• Outstanding Shares: 30,525,000
• Free Float: 30,220,000
• Market Cap: $4.51 billion
• Optionable: Optionable
• Beta: 2.14