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

Shares of Boot Barn Holdings, Inc. (NYSE:BOOT) have been assigned a consensus rating of “Moderate Buy” from the fifteen analysts that are covering the firm, Marketbeat.com reports. Four research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $206.0769.

Several equities research analysts have issued reports on BOOT shares. JPMorgan Chase & Co. raised their price target on shares of Boot Barn from $276.00 to $282.00 and gave the stock an “overweight” rating in a research note on Thursday, November 6th. Seaport Research Partners lowered shares of Boot Barn from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 27th. Citigroup boosted their price target on Boot Barn from $225.00 to $230.00 and gave the company a “buy” rating in a report on Friday, January 16th. BTIG Research increased their price target on Boot Barn from $226.00 to $235.00 and gave the stock a “buy” rating in a research note on Monday, January 12th. Finally, The Goldman Sachs Group started coverage on Boot Barn in a research report on Thursday, December 11th. They issued a “buy” rating and a $225.00 price objective for the company.

Insider Buying and Selling at Boot Barn

In other news, Director Gene Eddie Burt sold 1,200 shares of the company’s stock in a transaction on Monday, December 1st. The stock was sold at an average price of $191.41, for a total transaction of $229,692.00. Following the completion of the sale, the director directly owned 3,338 shares in the company, valued at $638,926.58. This represents a 26.44% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Chairman Peter Starrett sold 6,498 shares of the business’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $190.00, for a total value of $1,234,620.00. Following the sale, the chairman directly owned 9,599 shares of the company’s stock, valued at approximately $1,823,810. This trade represents a 40.37% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.66% of the stock is owned by insiders.

Institutional Trading of Boot Barn

Large investors have recently added to or reduced their stakes in the stock. ORG Partners LLC acquired a new position in Boot Barn during the 3rd quarter worth approximately $25,000. Bessemer Group Inc. raised its stake in shares of Boot Barn by 134.2% during the second quarter. Bessemer Group Inc. now owns 185 shares of the company’s stock valued at $28,000 after purchasing an additional 106 shares during the period. Parkside Financial Bank & Trust lifted its position in shares of Boot Barn by 164.4% during the third quarter. Parkside Financial Bank & Trust now owns 193 shares of the company’s stock worth $32,000 after purchasing an additional 120 shares in the last quarter. Salomon & Ludwin LLC acquired a new position in shares of Boot Barn during the third quarter worth $42,000. Finally, Maseco LLP purchased a new position in shares of Boot Barn in the second quarter valued at $40,000.

Boot Barn Stock Performance

Boot Barn stock opened at $198.64 on Thursday. Boot Barn has a fifty-two week low of $86.17 and a fifty-two week high of $210.25. The company has a market capitalization of $6.05 billion, a price-to-earnings ratio of 29.38, a PEG ratio of 1.46 and a beta of 1.61. The stock has a fifty day moving average of $190.63 and a two-hundred day moving average of $181.38.

Boot Barn (NYSE:BOOT) last issued its quarterly earnings data on Wednesday, October 29th. The company reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.26 by $0.11. The business had revenue of $505.40 million for the quarter, compared to the consensus estimate of $493.70 million. Boot Barn had a return on equity of 18.11% and a net margin of 10.05%.The business’s revenue was up 18.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.95 earnings per share. Boot Barn has set its Q3 2026 guidance at 2.470-2.590 EPS and its FY 2026 guidance at 6.750-7.150 EPS. On average, analysts forecast that Boot Barn will post 5.82 EPS for the current fiscal year.

About Boot Barn

Boot Barn, Inc is a leading specialty retailer focused on western and work-related footwear, apparel and accessories. The company operates full-price and outlet retail stores under the Boot Barn and BootBarn.com brands, offering a wide assortment of cowboy boots, work boots, casual and fashion footwear, western and work apparel, hats, belts and related accessories. In addition to its brick-and-mortar network, Boot Barn maintains an e-commerce platform to serve customers seeking ranch-and-rodeo style clothing and rugged workwear from coast to coast.

Founded in 1978 in Southern California, Boot Barn began as a single store catering to ranchers, farmworkers and western enthusiasts.