Boot Barn (BOOT) Scheduled to Post Quarterly Earnings on Tuesday

Boot Barn (NYSE:BOOT) is scheduled to release its earnings data after the market closes on Tuesday, May 14th. Analysts expect Boot Barn to post earnings of $0.89 per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Boot Barn Trading Down 3.0 %

BOOT stock opened at $103.75 on Friday. The company’s 50 day moving average is $96.83 and its two-hundred day moving average is $83.91. Boot Barn has a twelve month low of $64.33 and a twelve month high of $110.89. The stock has a market cap of $3.14 billion, a P/E ratio of 19.32 and a beta of 2.15.

Insider Activity at Boot Barn

In other news, insider Laurie Marie Grijalva sold 5,861 shares of Boot Barn stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $90.31, for a total value of $529,306.91. Following the sale, the insider now owns 5,861 shares of the company’s stock, valued at $529,306.91. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other Boot Barn news, CEO James Grant Conroy sold 19,478 shares of the stock in a transaction on Thursday, February 29th. The stock was sold at an average price of $92.38, for a total value of $1,799,377.64. Following the completion of the transaction, the chief executive officer now owns 46,273 shares in the company, valued at $4,274,699.74. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Laurie Marie Grijalva sold 5,861 shares of the business’s stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $90.31, for a total transaction of $529,306.91. Following the sale, the insider now owns 5,861 shares in the company, valued at $529,306.91. The disclosure for this sale can be found here. 2.20% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Robert W. Baird boosted their price target on shares of Boot Barn from $70.00 to $90.00 and gave the company a “neutral” rating in a research report on Thursday, March 21st. B. Riley reduced their target price on Boot Barn from $92.00 to $83.00 and set a “buy” rating for the company in a report on Thursday, February 1st. BTIG Research raised their price target on Boot Barn from $100.00 to $127.00 and gave the stock a “buy” rating in a research note on Monday, April 29th. JPMorgan Chase & Co. lifted their price target on Boot Barn from $85.00 to $115.00 and gave the stock an “overweight” rating in a research report on Thursday. Finally, TD Cowen increased their price objective on Boot Barn from $115.00 to $120.00 and gave the company a “buy” rating in a report on Monday, April 29th. One analyst has rated the stock with a sell rating, three have issued a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $109.70.

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.