Boot Barn Holdings, Inc. (NYSE:BOOT)‘s stock had its “buy” rating reiterated by investment analysts at Jefferies Group LLC in a research note issued on Wednesday.

Other research analysts have also recently issued research reports about the stock. Zacks Investment Research upgraded shares of Boot Barn Holdings from a “hold” rating to a “buy” rating and set a $9.75 price target for the company in a research note on Tuesday, October 3rd. Piper Jaffray Companies restated a “buy” rating on shares of Boot Barn Holdings in a research note on Thursday, August 3rd. Finally, Robert W. Baird upgraded shares of Boot Barn Holdings from a “neutral” rating to an “outperform” rating and raised their price target for the stock from $10.00 to $11.00 in a research note on Friday, August 4th. One analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $10.34.

Shares of Boot Barn Holdings (NYSE:BOOT) traded down 0.97% during mid-day trading on Wednesday, hitting $8.14. The stock had a trading volume of 230,593 shares. The firm has a 50 day moving average of $8.46 and a 200 day moving average of $8.35. Boot Barn Holdings has a one year low of $5.90 and a one year high of $17.26. The stock has a market cap of $216.46 million, a price-to-earnings ratio of 15.10 and a beta of 1.29.

Boot Barn Holdings (NYSE:BOOT) last announced its quarterly earnings results on Tuesday, August 1st. The company reported $0.03 EPS for the quarter. The firm had revenue of $139.40 million during the quarter, compared to analysts’ expectations of $139.00 million. Boot Barn Holdings had a net margin of 2.26% and a return on equity of 8.58%. The company’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.02 earnings per share. On average, analysts forecast that Boot Barn Holdings will post $0.61 earnings per share for the current year.

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Several large investors have recently bought and sold shares of BOOT. Bank of New York Mellon Corp raised its stake in shares of Boot Barn Holdings by 78.9% in the first quarter. Bank of New York Mellon Corp now owns 145,361 shares of the company’s stock valued at $1,438,000 after acquiring an additional 64,125 shares during the last quarter. Oxford Asset Management raised its stake in shares of Boot Barn Holdings by 127.5% in the first quarter. Oxford Asset Management now owns 57,719 shares of the company’s stock valued at $571,000 after acquiring an additional 32,349 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Boot Barn Holdings by 3.3% in the first quarter. Geode Capital Management LLC now owns 101,834 shares of the company’s stock valued at $1,007,000 after acquiring an additional 3,224 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Boot Barn Holdings by 100.7% in the first quarter. Dimensional Fund Advisors LP now owns 341,122 shares of the company’s stock valued at $3,374,000 after acquiring an additional 171,147 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. raised its stake in shares of Boot Barn Holdings by 5.1% in the first quarter. Schwab Charles Investment Management Inc. now owns 42,316 shares of the company’s stock valued at $419,000 after acquiring an additional 2,052 shares during the last quarter.

About Boot Barn Holdings

Boot Barn Holdings, Inc is a lifestyle retailer of western and work-related footwear, apparel and accessories for men, women and children. The Company’s stores are located in or near neighborhood shopping centers with trade areas of approximately five or more miles, and it has opened stores in malls and outlet center locations.

Analyst Recommendations for Boot Barn Holdings (NYSE:BOOT)

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