Boot Barn (NYSE:BOOT) Posts Earnings Results, Beats Estimates By $0.38 EPS

Boot Barn (NYSE:BOOT) posted its quarterly earnings results on Thursday. The company reported $2.43 EPS for the quarter, topping the consensus estimate of $2.05 by $0.38, Zacks reports. Boot Barn had a net margin of 8.73% and a return on equity of 15.89%. 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 Stock Up 0.8 %

BOOT stock traded up $1.34 during mid-day trading on Thursday, reaching $174.78. 1,126,083 shares of the stock traded hands, compared to its average volume of 834,096. The firm has a market capitalization of $5.33 billion, a PE ratio of 35.10, a P/E/G ratio of 1.48 and a beta of 2.10. The business has a 50-day moving average of $152.18 and a two-hundred day moving average of $146.09. Boot Barn has a 52 week low of $71.54 and a 52 week high of $176.64.

Insider Transactions at Boot Barn

In other Boot Barn news, CEO John Hazen sold 6,311 shares of the firm’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $152.98, for a total value of $965,456.78. Following the sale, the chief executive officer now directly owns 3,937 shares in the company, valued at $602,282.26. This trade represents a 61.58 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 1.00% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

BOOT has been the subject of a number of research reports. Bank of America lifted their target price on shares of Boot Barn from $187.00 to $192.00 and gave the company a “buy” rating in a research note on Wednesday, January 15th. Robert W. Baird raised Boot Barn from a “neutral” rating to an “outperform” rating and set a $167.00 price objective for the company in a research report on Wednesday, October 30th. Williams Trading reaffirmed a “buy” rating and issued a $173.00 target price on shares of Boot Barn in a research report on Tuesday, October 29th. Citigroup reduced their price target on Boot Barn from $194.00 to $178.00 and set a “buy” rating for the company in a report on Tuesday, October 29th. Finally, Craig Hallum downgraded Boot Barn from a “buy” rating to a “hold” rating and increased their price objective for the stock from $154.00 to $162.00 in a report on Friday, October 25th. One investment analyst has rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Boot Barn presently has a consensus rating of “Buy” and an average price target of $173.00.

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.