Should I buy or sell Boot Barn stock right now?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Boot Barn in the last twelve months. There are currently 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" BOOT shares. View BOOT analyst ratings or view top-rated stocks .

What is Boot Barn's stock price target for 2024?

11 analysts have issued twelve-month price objectives for Boot Barn's stock. Their BOOT share price targets range from $83.00 to $130.00. On average, they anticipate the company's share price to reach $105.56 in the next year. This suggests a possible upside of 6.0% from the stock's current price. View analysts price targets for BOOT or view top-rated stocks among Wall Street analysts .

How have BOOT shares performed in 2024?

Boot Barn's stock was trading at $76.76 on January 1st, 2024. Since then, BOOT shares have increased by 29.8% and is now trading at $99.62. View the best growth stocks for 2024 here .

Are investors shorting Boot Barn?

Boot Barn saw a increase in short interest in March. As of March 15th, there was short interest totaling 3,970,000 shares, an increase of 15.1% from the February 29th total of 3,450,000 shares. Based on an average daily trading volume, of 822,600 shares, the days-to-cover ratio is presently 4.8 days. View Boot Barn's Short Interest .

When is Boot Barn's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 15th 2024. View our BOOT earnings forecast .

How were Boot Barn's earnings last quarter?

Boot Barn Holdings, Inc. (NYSE:BOOT) posted its earnings results on Wednesday, January, 31st. The company reported $1.81 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.80 by $0.01. The firm had revenue of $520.40 million for the quarter, compared to analysts' expectations of $520.34 million. Boot Barn had a trailing twelve-month return on equity of 19.52% and a net margin of 9.62%.

Is Boot Barn a good dividend stock?

Boot Barn (NYSE:BOOT) pays an annual dividend of $0.50 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 9.31%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BOOT will have a dividend payout ratio of 9.63% next year. This indicates that the company will be able to sustain or increase its dividend.

What ETFs hold Boot Barn's stock?

ETFs with the largest weight of Boot Barn (NYSE:BOOT) stock in their portfolio include Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) , SPDR S&P Retail ETF (XRT) , Direxion Daily Retail Bull 3X Shares (RETL) , Invesco S&P SmallCap 600 Pure Growth ETF (RZG) , Principal U.S. Small-Cap Multi-Factor ETF (PSC) , SPDR S&P 600 Small Cap Growth ETF (SLYG) and Barrons 400 ETF (BFOR) . SPDR S&P 600 Small Cap ETF (SLY) .

What guidance has Boot Barn issued on next quarter's earnings?

Boot Barn issued an update on its FY 2024 earnings guidance on Wednesday, January, 31st. The company provided EPS guidance of 4.650-4.750 for the period, compared to the consensus estimate of 4.960. The company issued revenue guidance of $1.7 billion-$1.7 billion, compared to the consensus revenue estimate of $1.7 billion.

What is Jim Conroy's approval rating as Boot Barn's CEO?

64 employees have rated Boot Barn Chief Executive Officer Jim Conroy on Glassdoor.com . Jim Conroy has an approval rating of 88% among the company's employees.

What other stocks do shareholders of Boot Barn own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Boot Barn investors own include Hawkins (HWKN) , Xtrackers California Municipal Bond ETF (CA) , Endologix (ELGX) , Chipotle Mexican Grill (CMG) , BlackRock (BLK) , Aegean Marine Petroleum Network (ANW) , Micron Technology (MU) , Accenture (ACN) , Zoetis (ZTS) .

Who are Boot Barn's major shareholders?

Boot Barn's stock is owned by many different institutional and retail investors. Top institutional shareholders include Wasatch Advisors LP (7.04%), Congress Asset Management Co. MA (1.84%), Allspring Global Investments Holdings LLC (1.84%), Tributary Capital Management LLC (0.72%), Congress Wealth Management LLC DE (0.27%) and Taylor Frigon Capital Management LLC (0.16%). Insiders that own company stock include Anne Macdonald , Brenda I Morris , Gene Eddie Burt, Greg Bettinelli , Gregory V Hackman, Gregory V Hackman , James Grant Conroy , James M Watkins, John Hazen , Laurie Marie Grijalva , Michael A Love, Michael A Love and Peter Starrett . View institutional ownership trends .

How do I buy shares of Boot Barn?

Shares of BOOT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:BOOT

Boot Barn (BOOT) Stock Price, News & Analysis

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Free BOOT Stock Alerts

$99.62

+1.01 (+1.02%)

(As of 04/19/2024 ET)

Compare

Today's Range: $98.71
▼
$101.05
50-Day Range: $83.39
▼
$101.87
52-Week Range: $64.33
▼
$104.91

Volume: 533,569 shs
Average Volume: 744,374 shs
Market Capitalization: $3.02 billion

P/E Ratio: 18.55
Dividend Yield: N/A
Price Target: $105.56

Get Boot Barn alerts:

Boot Barn MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.73 Rating Score
Upside/Downside: 6.0% Upside
$105.56 Price Target
Short Interest: Bearish
14.39% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -2.36
Upright™ Environmental Score
News Sentiment: 0.66
Based on 11 Articles This Week
Insider Trading: Selling Shares
$2.41 M Sold Last Quarter
Proj. Earnings Growth: 9.96%
From $4.72 to $5.19 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.54 out of 5 stars

Retail/Wholesale Sector

104th out of 194 stocks

Shoe Stores Industry

4th out of 5 stocks

2.4

Analyst's Opinion

Consensus Rating
Boot Barn has received a consensus rating of Moderate Buy. The company's average rating score is 2.73, and is based on 8 buy ratings, 3 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Boot Barn has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.0

Short Interest

Percentage of Shares Shorted
14.39% of the outstanding shares of Boot Barn have been sold short.
Short Interest Ratio / Days to Cover
Boot Barn has a short interest ratio ("days to cover") of 5.3.
Change versus previous month
Short interest in Boot Barn has recently increased by 9.82%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Yield
Boot Barn does not currently pay a dividend.
Dividend Growth
Boot Barn does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Boot Barn is 9.31%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Boot Barn will have a dividend payout ratio of 9.63% next year. This indicates that Boot Barn will be able to sustain or increase its dividend.

1.8

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Boot Barn has received a -7.97% net impact score from Upright. The largest negative impact of Boot Barn in category "GHG emissions" seems to be driven mostly by its "Jackets and coats", "Dresses and skirts", "Shirts", "Physical retail of footwear at a clothing store", "Boots", and "Hiking boots" products. See details.
Environmental Sustainability
The Environmental Impact score for Boot Barn is -2.36.

3.1

News and Social Media Coverage

News Sentiment
Boot Barn has a news sentiment score of 0.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.48 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 11 news articles for Boot Barn this week, compared to 7 articles on an average week.
Search Interest
Only 4 people have searched for BOOT on MarketBeat in the last 30 days. This is a decrease of -43% compared to the previous 30 days.
MarketBeat Follows
3 people have added Boot Barn to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Boot Barn insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,413,715.00 in company stock.
Percentage Held by Insiders
Only 2.20% of the stock of Boot Barn is held by insiders.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Boot Barn are expected to grow by 9.96% in the coming year, from $4.72 to $5.19 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Boot Barn is 18.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.28.
Price to Earnings Ratio vs. Sector
The P/E ratio of Boot Barn is 18.55, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 20.37.
Price to Book Value per Share Ratio
Boot Barn has a P/B Ratio of 3.83. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Boot Barn Stock (NYSE:BOOT)

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. The company also provides gifts and home merchandise. The company also sells its products through e-commerce websites, including bootbarn.com; sheplers.com; and countryoutfitter.com. The company was formerly known as WW Top Investment Corporation and changed its name to Boot Barn Holdings, Inc. in June 2014. Boot Barn Holdings, Inc. was founded in 1978 and is based in Irvine, California.

BOOT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

BOOT Stock News Headlines

April 17, 2024 | benzinga.com

$100 Invested In Boot Barn Holdings 5 Years Ago Would Be Worth This Much Today

April 17, 2024 | seekingalpha.com

Boot Barn's Growth Is Impressive, But The Stock Is Not An Opportunity

April 20, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 17, 2024 | americanbankingnews.com

Boot Barn (NYSE:BOOT) Given New $110.00 Price Target at Piper Sandler

April 17, 2024 | americanbankingnews.com

Boot Barn (NYSE:BOOT) Trading 3.6% Higher After Analyst Upgrade

April 16, 2024 | msn.com

Boot Barn's top brands popular with teens - analyst

April 16, 2024 | markets.businessinsider.com

What Analysts Are Saying About Boot Barn Holdings Stock

April 12, 2024 | cnbc.com

Beyoncé bounce: Western boot sales jump more than 20% week over week since 'Cowboy Carter' launch

April 20, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 12, 2024 | yahoo.com

Beyonce’s ‘Cowboy Carter’ Is Driving Boot Sales Across the US: These Retailers are Benefitting

April 12, 2024 | msn.com

Boot Barn to sell more country gear thanks to Beyoncé - analyst

April 12, 2024 | americanbankingnews.com

Boot Barn Holdings, Inc. (NYSE:BOOT) Given Consensus Recommendation of "Moderate Buy" by Brokerages

April 11, 2024 | msn.com

Best festival outfits for 2024: Glasto-ready partywear from sequins to crochet

April 3, 2024 | sg.style.yahoo.com

The Repair Shop confirms BBC return date - and it's soon

April 3, 2024 | mirror.co.uk

The Repair Shop star left permanently injured after machinery accidents

April 3, 2024 | msn.com

Cowboy hats: Beyoncé’s Cowboy Carter and Pharrell Williams’ Louis Vuitton FW24 collection ride the Western trend, saddling up with Margot Robbie and Ryan Gosling in Barbie ...

April 2, 2024 | nytimes.com

Is Giving Farmers Millions to Kill Millions of Chickens the Way to Curb Bird Flu?

April 2, 2024 | msn.com

People are calling this the new 'coastal grandmother' — a stylist shares what you need to know

April 2, 2024 | yahoo.com

Time to Live My Best 'Cowboy Carter' Life with These Western Fashion Trend Pieces

March 30, 2024 | msn.com

Did Beyoncé reference a Marvel supervillain in her new album? She sure did

March 30, 2024 | msn.com

Beyonce’s ‘Cowboy Carter’ lights a campfire under growing western fashion trend — cowboy hats poised to be summer’s hottest accessory

March 29, 2024 | msn.com

Justin Boots Is Now Official Boot of Texas Rangers MLB Team as the Western Market Heats Up

March 29, 2024 | msn.com

17 Perfect Pairs of Cowboy Boots That’ll Put Some Pep in Your Two-Step

March 29, 2024 | msn.com

Do not touch that computer. Not even while wearing gloves. It is a biohazard

March 29, 2024 | msn.com

How the West Won: Why Cowboy Core Is Everywhere, From Beyonce's Country Album to the Paris Runways

March 28, 2024 | msn.com

Get ready for 'Cowboy Carter' with these westernwear must-haves

March 28, 2024 | finance.yahoo.com

Boot Barn Holdings Stock Saddles Up RS Rating; Closing In On Key Technical Benchmark

See More Headlines

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Company Calendar

Last Earnings: 1/31/2024
Today: 4/20/2024
Next Earnings (Estimated): 5/15/2024
Fiscal Year End: 3/31/2025

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Retail/Wholesale
Industry: Shoe stores
Sub-Industry: N/A
Current Symbol: NYSE:BOOT
CUSIP: N/A
CIK: 1610250
Web: www.bootbarn.com
Phone: (949) 453-4400
Fax: 949-453-4406
Employees: 8,800
Year Founded: 1978

Price Target and Rating

Average Stock Price Target: $105.56
High Stock Price Target: $130.00
Low Stock Price Target: $83.00
Potential Upside/Downside: +6.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.73
Research Coverage: 11 Analysts

Profitability

EPS (Most Recent Fiscal Year): $5.37
Trailing P/E Ratio: 18.55
Forward P/E Ratio: 21.11
P/E Growth: N/A
Net Income: $170.55 million
Net Margins: 9.62%
Pretax Margin: 12.90%
Return on Equity: 19.52%
Return on Assets: 10.43%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.14
Quick Ratio: 0.50

Sales & Book Value

Annual Sales: $1.66 billion
Price / Sales: 1.82
Cash Flow: $8.41 per share
Price / Cash Flow: 11.84
Book Value: $26.04 per share
Price / Book: 3.83

Miscellaneous

Outstanding Shares: 30,300,000
Free Float: 29,634,000
Market Cap: $3.02 billion
Optionable: Optionable
Beta: 2.19

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Key Executives

Mr. James G. Conroy (Age 54)
President, CEO & Director
Comp: $1.6M
Mr. James M. Watkins (Age 50)
CFO & Secretary
Comp: $598.62k
Ms. Laurie Grijalva (Age 66)
Chief Merchandising Officer
Comp: $786.91k
Mr. Michael A. Love (Age 63)
Chief Retail Officer
Comp: $659.08k
Mr. John Hazen (Age 48)
Chief Digital Officer
Comp: $704.07k
Mark Dedovesh
Senior VP of Investor Relations & Finance

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

BOOT Stock Analysis - Frequently Asked Questions

Should I buy or sell Boot Barn stock right now?: 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Boot Barn in the last twelve months. There are currently 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" BOOT shares.
View BOOT analyst ratings or view top-rated stocks.
What is Boot Barn's stock price target for 2024?: 11 analysts have issued twelve-month price objectives for Boot Barn's stock. Their BOOT share price targets range from $83.00 to $130.00. On average, they anticipate the company's share price to reach $105.56 in the next year. This suggests a possible upside of 6.0% from the stock's current price.
View analysts price targets for BOOT or view top-rated stocks among Wall Street analysts.
How have BOOT shares performed in 2024?: Boot Barn's stock was trading at $76.76 on January 1st, 2024. Since then, BOOT shares have increased by 29.8% and is now trading at $99.62.
View the best growth stocks for 2024 here.
Are investors shorting Boot Barn?: Boot Barn saw a increase in short interest in March. As of March 15th, there was short interest totaling 3,970,000 shares, an increase of 15.1% from the February 29th total of 3,450,000 shares. Based on an average daily trading volume, of 822,600 shares, the days-to-cover ratio is presently 4.8 days.
View Boot Barn's Short Interest.
When is Boot Barn's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 15th 2024.
View our BOOT earnings forecast.
How were Boot Barn's earnings last quarter?: Boot Barn Holdings, Inc. (NYSE:BOOT) posted its earnings results on Wednesday, January, 31st. The company reported $1.81 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.80 by $0.01. The firm had revenue of $520.40 million for the quarter, compared to analysts' expectations of $520.34 million. Boot Barn had a trailing twelve-month return on equity of 19.52% and a net margin of 9.62%.
Is Boot Barn a good dividend stock?: Boot Barn (NYSE:BOOT) pays an annual dividend of $0.50 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 9.31%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BOOT will have a dividend payout ratio of 9.63% next year. This indicates that the company will be able to sustain or increase its dividend.

What ETFs hold Boot Barn's stock?: ETFs with the largest weight of Boot Barn (NYSE:BOOT) stock in their portfolio include Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), SPDR S&P Retail ETF (XRT), Direxion Daily Retail Bull 3X Shares (RETL), Invesco S&P SmallCap 600 Pure Growth ETF (RZG), Principal U.S. Small-Cap Multi-Factor ETF (PSC), SPDR S&P 600 Small Cap Growth ETF (SLYG) and Barrons 400 ETF (BFOR).SPDR S&P 600 Small Cap ETF (SLY).
What guidance has Boot Barn issued on next quarter's earnings?: Boot Barn issued an update on its FY 2024 earnings guidance on Wednesday, January, 31st. The company provided EPS guidance of 4.650-4.750 for the period, compared to the consensus estimate of 4.960. The company issued revenue guidance of $1.7 billion-$1.7 billion, compared to the consensus revenue estimate of $1.7 billion.
What is Jim Conroy's approval rating as Boot Barn's CEO?: 64 employees have rated Boot Barn Chief Executive Officer Jim Conroy on Glassdoor.com. Jim Conroy has an approval rating of 88% among the company's employees.
What other stocks do shareholders of Boot Barn own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Boot Barn investors own include Hawkins (HWKN), Xtrackers California Municipal Bond ETF (CA), Endologix (ELGX), Chipotle Mexican Grill (CMG), BlackRock (BLK), Aegean Marine Petroleum Network (ANW), Micron Technology (MU), Accenture (ACN), Zoetis (ZTS).
Who are Boot Barn's major shareholders?: Boot Barn's stock is owned by many different institutional and retail investors. Top institutional shareholders include Wasatch Advisors LP (7.04%), Congress Asset Management Co. MA (1.84%), Allspring Global Investments Holdings LLC (1.84%), Tributary Capital Management LLC (0.72%), Congress Wealth Management LLC DE (0.27%) and Taylor Frigon Capital Management LLC (0.16%). Insiders that own company stock include Anne Macdonald, Brenda I Morris, Gene Eddie Burt, Greg Bettinelli, Gregory V Hackman, Gregory V Hackman, James Grant Conroy, James M Watkins, John Hazen, Laurie Marie Grijalva, Michael A Love, Michael A Love and Peter Starrett.
View institutional ownership trends.
How do I buy shares of Boot Barn?: Shares of BOOT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:BOOT) was last updated on 4/20/2024 by MarketBeat.com Staff

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Boot Barn (BOOT) Stock Price, News & Analysis

Boot Barn MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Boot Barn Stock (NYSE:BOOT)

BOOT Stock Price History

BOOT Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

BOOT Stock Analysis - Frequently Asked Questions

Overall MarketRank^™