Q3 Earnings Estimate for Boot Barn Issued By KeyCorp

Boot Barn Holdings, Inc. (NYSE:BOOT) – Stock analysts at KeyCorp issued their Q3 2026 earnings estimates for Boot Barn in a report released on Wednesday, January 21st. KeyCorp analyst A. Owens forecasts that the company will earn $2.76 per share for the quarter. The consensus estimate for Boot Barn’s current full-year earnings is $5.82 per share. KeyCorp also issued estimates for Boot Barn’s Q4 2026 earnings at $1.49 EPS and FY2027 earnings at $8.42 EPS.

Several other equities analysts also recently weighed in on BOOT. Piper Sandler raised their target price on Boot Barn from $220.00 to $229.00 and gave the company an “overweight” rating in a research report on Friday, January 16th. Zacks Research downgraded Boot Barn from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 5th. Weiss Ratings restated a “hold (c+)” rating on shares of Boot Barn in a report on Wednesday. The Goldman Sachs Group started coverage on shares of Boot Barn in a research note on Thursday, December 11th. They set a “buy” rating and a $225.00 target price on the stock. Finally, UBS Group increased their target price on shares of Boot Barn from $248.00 to $265.00 and gave the company a “buy” rating in a research report on Thursday, January 8th. Eleven research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $206.08.

Boot Barn Trading Down 2.4%

BOOT stock opened at $184.00 on Friday. Boot Barn has a 12-month low of $86.17 and a 12-month high of $210.25. The business’s 50-day moving average is $191.03 and its 200 day moving average is $181.58. The stock has a market cap of $5.61 billion, a price-to-earnings ratio of 27.22, a PEG ratio of 1.40 and a beta of 1.61.

Boot Barn (NYSE:BOOT) last released its earnings results on Wednesday, October 29th. The company reported $1.37 EPS for the quarter, topping analysts’ consensus estimates of $1.26 by $0.11. Boot Barn had a net margin of 10.05% and a return on equity of 18.11%. The business had revenue of $505.40 million during the quarter, compared to analysts’ expectations of $493.70 million. During the same quarter in the previous year, the company earned $0.95 earnings per share. The company’s quarterly revenue was up 18.7% on a year-over-year basis. 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.

Insider Buying and Selling at Boot Barn

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

Hedge Funds Weigh In On Boot Barn

A number of institutional investors have recently bought and sold shares of the company. ORG Partners LLC purchased a new stake in shares of Boot Barn in the 3rd quarter valued at approximately $25,000. Bessemer Group Inc. grew its position in Boot Barn by 134.2% in the second quarter. Bessemer Group Inc. now owns 185 shares of the company’s stock worth $28,000 after acquiring an additional 106 shares during the period. Parkside Financial Bank & Trust increased its stake in 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 acquiring an additional 120 shares during the last quarter. Salomon & Ludwin LLC purchased a new stake in Boot Barn in the third quarter valued at $42,000. Finally, Maseco LLP acquired a new position in shares of Boot Barn in the 2nd quarter valued at $40,000.

Boot Barn Company Profile

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.