FY2025 EPS Estimates for Boot Barn Holdings, Inc. (NYSE:BOOT) Lifted by Seaport Res Ptn

Boot Barn Holdings, Inc. (NYSE:BOOT) – Research analysts at Seaport Res Ptn increased their FY2025 EPS estimates for shares of Boot Barn in a research report issued to clients and investors on Monday, May 6th. Seaport Res Ptn analyst M. Kummetz now forecasts that the company will post earnings per share of $5.15 for the year, up from their prior forecast of $5.14. The consensus estimate for Boot Barn’s current full-year earnings is $4.72 per share. Seaport Res Ptn also issued estimates for Boot Barn’s FY2026 earnings at $5.96 EPS and FY2027 earnings at $6.85 EPS.

A number of other equities research analysts have also commented on BOOT. StockNews.com lowered Boot Barn from a “hold” rating to a “sell” rating in a research report on Friday, January 19th. B. Riley dropped their price objective on shares of Boot Barn from $92.00 to $83.00 and set a “buy” rating on the stock in a research note on Thursday, February 1st. Robert W. Baird boosted their target price on shares of Boot Barn from $70.00 to $90.00 and gave the company a “neutral” rating in a research note on Thursday, March 21st. KeyCorp assumed coverage on shares of Boot Barn in a research report on Wednesday, February 7th. They set a “sector weight” rating on the stock. Finally, JPMorgan Chase & Co. upped their price objective on shares of Boot Barn from $85.00 to $115.00 and gave the stock an “overweight” rating in a research report on Thursday. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $109.70.

Boot Barn Trading Up 3.3 %

NYSE BOOT opened at $107.01 on Thursday. The stock has a market cap of $3.24 billion, a P/E ratio of 19.93 and a beta of 2.15. Boot Barn has a 12-month low of $64.33 and a 12-month high of $110.89. The company has a fifty day simple moving average of $96.60 and a two-hundred day simple moving average of $83.63.

Institutional Investors Weigh In On Boot Barn

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Arizona State Retirement System boosted its stake in Boot Barn by 1.7% during the third quarter. Arizona State Retirement System now owns 8,516 shares of the company’s stock worth $691,000 after buying an additional 142 shares during the last quarter. Natixis Advisors L.P. boosted its position in shares of Boot Barn by 0.5% during the 4th quarter. Natixis Advisors L.P. now owns 32,608 shares of the company’s stock valued at $2,502,000 after acquiring an additional 149 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of Boot Barn by 3.2% in the first quarter. Janney Montgomery Scott LLC now owns 4,787 shares of the company’s stock valued at $455,000 after purchasing an additional 150 shares during the period. Azzad Asset Management Inc. ADV increased its position in Boot Barn by 1.7% during the first quarter. Azzad Asset Management Inc. ADV now owns 9,342 shares of the company’s stock worth $889,000 after purchasing an additional 154 shares during the last quarter. Finally, J.P. Morgan Private Wealth Advisors LLC raised its stake in Boot Barn by 7.7% during the third quarter. J.P. Morgan Private Wealth Advisors LLC now owns 3,056 shares of the company’s stock worth $248,000 after purchasing an additional 219 shares during the period.

Insider Buying and Selling

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

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.