Boot Barn (NYSE:BOOT) Posts Quarterly Earnings Results, Beats Expectations By $0.38 EPS

Boot Barn (NYSE:BOOT) announced its quarterly earnings data on Thursday. The company reported $2.43 earnings per share for the quarter, topping analysts’ consensus estimates of $2.05 by $0.38, Zacks reports. Boot Barn had a net margin of 8.73% and a return on equity of 15.89%. Boot Barn updated its FY 2025 guidance to 5.810-5.900 EPS and its Q4 2025 guidance to 1.170-1.260 EPS.

Boot Barn Stock Up 0.8 %

Shares of BOOT opened at $174.78 on Friday. The business has a 50-day simple moving average of $152.95 and a two-hundred day simple moving average of $146.29. Boot Barn has a 52 week low of $71.54 and a 52 week high of $176.64. The stock has a market cap of $5.33 billion, a price-to-earnings ratio of 35.10, a PEG ratio of 1.48 and a beta of 2.10.

Insider Activity

In related news, CEO John Hazen sold 6,311 shares of Boot Barn stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $152.98, for a total transaction of $965,456.78. Following the transaction, the chief executive officer now owns 3,937 shares in the company, valued at approximately $602,282.26. The trade was a 61.58 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.00% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on BOOT shares. Piper Sandler restated an “overweight” rating and issued a $179.00 price target on shares of Boot Barn in a research note on Tuesday, October 29th. JPMorgan Chase & Co. boosted their target price on Boot Barn from $181.00 to $188.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 8th. Williams Trading reaffirmed a “buy” rating and set a $173.00 price target on shares of Boot Barn in a report on Tuesday, October 29th. Baird R W raised shares of Boot Barn from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 30th. Finally, Robert W. Baird upgraded shares of Boot Barn from a “neutral” rating to an “outperform” rating and set a $167.00 price objective on the stock in a research report on Wednesday, October 30th. One 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, the company has an average rating of “Buy” and an average target price of $173.00.

About Boot Barn

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.