Boot Barn Holdings, Inc. (NYSE:BOOT) Receives Consensus Rating of “Moderate Buy” from Brokerages

Boot Barn Holdings, Inc. (NYSE:BOOT) has received a consensus rating of “Moderate Buy” from the sixteen ratings firms that are presently covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $195.75.

Several research analysts recently weighed in on BOOT shares. Seaport Res Ptn cut shares of Boot Barn from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 27th. Zacks Research upgraded shares of Boot Barn from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 30th. Piper Sandler reissued an “overweight” rating and issued a $220.00 target price (up previously from $218.00) on shares of Boot Barn in a research note on Thursday, October 30th. JPMorgan Chase & Co. lifted their price target on Boot Barn from $276.00 to $282.00 and gave the stock an “overweight” rating in a research note on Thursday, November 6th. Finally, BTIG Research increased their price objective on Boot Barn from $218.00 to $226.00 and gave the company a “buy” rating in a research report on Thursday, October 30th.

Insider Activity at Boot Barn

In related news, Director Gene Eddie Burt sold 1,200 shares of Boot Barn stock in a transaction on Monday, December 1st. The shares were sold at an average price of $191.41, for a total value of $229,692.00. Following the transaction, the director owned 3,338 shares in the company, valued at $638,926.58. This trade represents a 26.44% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Peter Starrett sold 6,498 shares of the business’s stock in a transaction on Monday, November 3rd. The stock was 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.66% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of BOOT. ORG Partners LLC bought a new stake in shares of Boot Barn in the 3rd quarter valued at about $25,000. Bessemer Group Inc. lifted its position in Boot Barn by 134.2% in 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 last quarter. Parkside Financial Bank & Trust lifted its position in Boot Barn by 164.4% in the third quarter. Parkside Financial Bank & Trust now owns 193 shares of the company’s stock valued at $32,000 after purchasing an additional 120 shares during the last quarter. Salomon & Ludwin LLC purchased a new stake in shares of Boot Barn during the third quarter valued at approximately $42,000. Finally, Maseco LLP bought a new position in shares of Boot Barn in the second quarter worth approximately $40,000.

Boot Barn Stock Performance

Boot Barn stock opened at $194.75 on Wednesday. Boot Barn has a fifty-two week low of $86.17 and a fifty-two week high of $205.31. The stock has a market cap of $5.94 billion, a P/E ratio of 28.81, a PEG ratio of 1.58 and a beta of 1.59. The firm’s fifty day moving average price is $181.93 and its 200-day moving average price is $173.24.

Boot Barn (NYSE:BOOT) last posted its earnings results on Wednesday, October 29th. The company reported $1.37 EPS for the quarter, topping the consensus estimate of $1.26 by $0.11. Boot Barn had a return on equity of 18.11% and a net margin of 10.05%.The business had revenue of $505.40 million during the quarter, compared to analysts’ expectations of $493.70 million. During the same period in the previous year, the business earned $0.95 earnings per share. The firm’s 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. Sell-side analysts predict that Boot Barn will post 5.82 earnings per share for the current year.

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.