Boot Barn (NYSE:BOOT) Announces Quarterly Earnings Results

Boot Barn (NYSE:BOOT) issued its quarterly earnings data on Thursday. The company reported $2.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.05 by $0.38, Zacks reports. Boot Barn had a return on equity of 15.89% and a net margin of 8.73%. Boot Barn updated its FY 2025 guidance to 5.810-5.900 EPS and its Q4 2025 guidance to 1.170-1.260 EPS.

Boot Barn Price Performance

Shares of NYSE BOOT traded up $1.34 during mid-day trading on Thursday, hitting $174.78. The company’s stock had a trading volume of 1,126,083 shares, compared to its average volume of 834,096. Boot Barn has a one year low of $71.54 and a one year high of $176.64. The company’s fifty day simple moving average is $152.18 and its 200-day simple moving average is $146.09. The stock has a market cap of $5.33 billion, a price-to-earnings ratio of 35.10, a price-to-earnings-growth ratio of 1.48 and a beta of 2.10.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Piper Sandler reissued an “overweight” rating and set a $179.00 price target on shares of Boot Barn in a report on Tuesday, October 29th. UBS Group upgraded Boot Barn from a “neutral” rating to a “buy” rating and increased their price target for the stock from $155.00 to $210.00 in a research report on Friday, January 10th. JPMorgan Chase & Co. lifted their price objective on Boot Barn from $181.00 to $188.00 and gave the company an “overweight” rating in a research report on Wednesday, January 8th. Baird R W raised Boot Barn from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 30th. Finally, KeyCorp upgraded Boot Barn from a “sector weight” rating to an “overweight” rating and set a $190.00 target price for the company in a research note on Thursday, January 23rd. One equities research analyst has rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Boot Barn currently has an average rating of “Buy” and an average price target of $173.00.

Insider Buying and Selling

In other news, CEO John Hazen sold 6,311 shares of the business’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $152.98, for a total transaction of $965,456.78. Following the completion of the transaction, the chief executive officer now directly owns 3,937 shares in the company, valued at approximately $602,282.26. The trade was a 61.58 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.00% of the stock is currently owned by insiders.

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.