Boot Barn (NYSE:BOOT) Updates FY 2025 Earnings Guidance

Boot Barn (NYSE:BOOT) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 5.810-5.900 for the period, compared to the consensus earnings per share estimate of 5.760. The company issued revenue guidance of $1.9 billion-$1.9 billion, compared to the consensus revenue estimate of $1.9 billion. Boot Barn also updated its Q4 2025 guidance to 1.170-1.260 EPS.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. Piper Sandler restated an “overweight” rating and issued a $181.00 price target (up previously from $179.00) on shares of Boot Barn in a research note on Friday. Craig Hallum cut shares of Boot Barn from a “buy” rating to a “hold” rating and lifted their price target for the company from $154.00 to $162.00 in a research note on Friday, October 25th. JPMorgan Chase & Co. lifted their target price on shares of Boot Barn from $200.00 to $209.00 and gave the company an “overweight” rating in a research report on Friday. BTIG Research raised their target price on Boot Barn from $185.00 to $190.00 and gave the company a “buy” rating in a research report on Monday, January 13th. Finally, Benchmark reaffirmed a “buy” rating and set a $192.00 target price on shares of Boot Barn in a research note on Tuesday, October 29th. One equities research analyst has rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $174.77.

Boot Barn Trading Down 7.9 %

Boot Barn stock opened at $160.70 on Friday. The stock’s fifty day simple moving average is $153.42 and its 200-day simple moving average is $146.51. Boot Barn has a twelve month low of $71.54 and a twelve month high of $176.64. The firm has a market capitalization of $4.90 billion, a P/E ratio of 32.27, a P/E/G ratio of 1.57 and a beta of 2.10.

Boot Barn (NYSE:BOOT) last announced its quarterly earnings data on Thursday, January 30th. The company reported $2.43 earnings per share for the quarter, beating analysts’ consensus estimates of $2.05 by $0.38. Boot Barn had a net margin of 8.73% and a return on equity of 15.89%. Sell-side analysts predict that Boot Barn will post 5.8 earnings per share for the current year.

Insider Activity

In other news, CEO John Hazen sold 6,311 shares of the company’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $152.98, for a total transaction of $965,456.78. Following the completion of the sale, the chief executive officer now owns 3,937 shares in the company, valued at $602,282.26. This represents a 61.58 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 1.00% of the company’s stock.

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.