William Blair Predicts Boot Barn FY2027 Earnings

Boot Barn Holdings, Inc. (NYSE:BOOT) – Equities research analysts at William Blair issued their FY2027 earnings per share (EPS) estimates for shares of Boot Barn in a report released on Tuesday, January 7th. William Blair analyst D. Carden expects that the company will post earnings of $7.73 per share for the year. The consensus estimate for Boot Barn’s current full-year earnings is $5.48 per share.

BOOT has been the topic of several other reports. Bank of America initiated coverage on Boot Barn in a research note on Tuesday. They issued a “buy” rating and a $187.00 target price on the stock. Baird R W upgraded Boot Barn from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 30th. Williams Trading reiterated a “buy” rating and set a $173.00 target price on shares of Boot Barn in a research report on Tuesday, October 29th. Craig Hallum lowered shares of Boot Barn from a “buy” rating to a “hold” rating and boosted their price target for the company from $154.00 to $162.00 in a research report on Friday, October 25th. Finally, Benchmark reaffirmed a “buy” rating and issued a $192.00 price objective on shares of Boot Barn in a report on Tuesday, October 29th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $167.00.

Boot Barn Trading Down 0.3 %

Boot Barn stock opened at $159.99 on Thursday. The business’s 50 day simple moving average is $143.21 and its 200 day simple moving average is $142.55. Boot Barn has a 12 month low of $69.35 and a 12 month high of $169.83. The company has a market cap of $4.88 billion, a price-to-earnings ratio of 32.13 and a beta of 2.10.

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

Insider Buying and Selling at Boot Barn

In other Boot Barn news, CEO John Hazen sold 6,311 shares of the company’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 transaction, the chief executive officer now directly owns 3,937 shares in the company, valued at $602,282.26. This represents a 61.58 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.00% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of BOOT. GHP Investment Advisors Inc. bought a new stake in Boot Barn during the third quarter worth about $25,000. Canada Pension Plan Investment Board purchased a new position in shares of Boot Barn during the 2nd quarter valued at about $64,000. GAMMA Investing LLC lifted its position in Boot Barn by 100.8% in the 3rd quarter. GAMMA Investing LLC now owns 534 shares of the company’s stock worth $89,000 after buying an additional 268 shares during the last quarter. USA Financial Formulas purchased a new stake in Boot Barn in the third quarter worth approximately $92,000. Finally, KBC Group NV grew its position in Boot Barn by 23.3% during the third quarter. KBC Group NV now owns 951 shares of the company’s stock valued at $159,000 after acquiring an additional 180 shares during the last quarter.

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.