Boot Barn Holdings, Inc. (NYSE:BOOT - Free Report) - Analysts at Seaport Res Ptn increased their Q3 2025 earnings per share (EPS) estimates for shares of Boot Barn in a research note issued to investors on Monday, October 21st. Seaport Res Ptn analyst M. Kummetz now expects that the company will earn $2.10 per share for the quarter, up from their previous forecast of $2.02. The consensus estimate for Boot Barn's current full-year earnings is $5.29 per share. Seaport Res Ptn also issued estimates for Boot Barn's FY2025 earnings at $5.45 EPS, FY2026 earnings at $6.44 EPS and FY2027 earnings at $7.46 EPS.
Boot Barn (NYSE:BOOT - Get Free Report) last released its quarterly earnings results on Wednesday, August 7th. The company reported $1.26 earnings per share for the quarter, beating the consensus estimate of $1.08 by $0.18. The business had revenue of $423.40 million during the quarter, compared to analysts' expectations of $415.04 million. Boot Barn had a return on equity of 16.44% and a net margin of 8.89%. The firm's revenue for the quarter was up 10.3% compared to the same quarter last year. During the same quarter last year, the business posted $1.11 EPS.
BOOT has been the topic of a number of other reports. UBS Group boosted their target price on shares of Boot Barn from $127.00 to $165.00 and gave the stock a "neutral" rating in a report on Wednesday, October 16th. Benchmark boosted their price objective on Boot Barn from $140.00 to $192.00 and gave the stock a "buy" rating in a research note on Wednesday, October 9th. JPMorgan Chase & Co. raised their price objective on Boot Barn from $146.00 to $160.00 and gave the company an "overweight" rating in a research note on Tuesday, September 10th. Robert W. Baird lifted their target price on Boot Barn from $140.00 to $167.00 and gave the stock a "neutral" rating in a report on Tuesday, October 1st. Finally, Citigroup increased their price target on Boot Barn from $122.00 to $154.00 and gave the company a "buy" rating in a report on Friday, July 19th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, Boot Barn currently has an average rating of "Moderate Buy" and an average price target of $156.00.
Get Our Latest Stock Analysis on BOOT
Shares of BOOT opened at $162.15 on Wednesday. The stock has a market capitalization of $4.93 billion, a PE ratio of 33.78 and a beta of 2.12. The company's fifty day moving average is $152.78 and its 200 day moving average is $130.48. Boot Barn has a fifty-two week low of $66.73 and a fifty-two week high of $169.83.
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. GAMMA Investing LLC increased its position in shares of Boot Barn by 111.1% during the second quarter. GAMMA Investing LLC now owns 266 shares of the company's stock worth $34,000 after acquiring an additional 140 shares during the period. Canada Pension Plan Investment Board purchased a new position in Boot Barn during the 2nd quarter worth $64,000. USA Financial Formulas bought a new stake in Boot Barn during the 3rd quarter valued at $92,000. 1620 Investment Advisors Inc. purchased a new stake in shares of Boot Barn in the 2nd quarter worth $84,000. Finally, First Horizon Advisors Inc. grew its position in shares of Boot Barn by 11.2% during the 2nd quarter. First Horizon Advisors Inc. now owns 931 shares of the company's stock worth $120,000 after buying an additional 94 shares in the last quarter.
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.
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