2 weeks Ago By ABMN Staff
Boot Barn Holdings, Inc. ( NYSE:BOOT – Get Free Report ) was the target of a large decrease in short interest in the month of September. As of September 15th, there was short interest totalling 2,780,000 shares, a decrease of 6.
7% from the August 31st total of 2,980,000 shares. Based on an average daily trading volume, of 663,700 shares, the short-interest ratio is presently 4.2 days.
Analysts Set New Price Targets Several research firms have weighed in on BOOT. Benchmark reiterated a “buy” rating and issued a $140.00 price target on shares of Boot Barn in a research note on Wednesday, September 11th.
UBS Group lifted their target price on shares of Boot Barn from $125.00 to $127.00 and gave the company a “neutral” rating in a report on Thursday, August 8th.
Piper Sandler upped their price target on Boot Barn from $144.00 to $147.00 and gave the stock an “overweight” rating in a research note on Thursday, August 8th.
Robert W. Baird lifted their price objective on Boot Barn from $140.00 to $167.
00 and gave the company a “neutral” rating in a research note on Tuesday. Finally, BTIG Research increased their target price on Boot Barn from $150.00 to $165.
00 and gave the stock a “buy” rating in a research note on Tuesday, September 10th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.
com, the company presently has an average rating of “Moderate Buy” and an average target price of $143.80. Read Our Latest Research Report on Boot Barn Institutional Inflows and Outflows Boot Barn Trading Down 0.
5 % BOOT traded down $0.76 on Tuesday, hitting $166.52.
626,379 shares of the company’s stock traded hands, compared to its average volume of 762,869. Boot Barn has a one year low of $66.73 and a one year high of $169.
07. The company’s 50 day simple moving average is $140.82 and its 200-day simple moving average is $122.
33. The firm has a market cap of $5.06 billion, a price-to-earnings ratio of 34.
78 and a beta of 2.11. Boot Barn ( NYSE:BOOT – Get Free Report ) last announced its quarterly earnings results on Wednesday, August 7th.
The company reported $1.26 earnings per share for the quarter, topping the consensus estimate of $1.08 by $0.
18. The company had revenue of $423.40 million for the quarter, compared to analysts’ expectations of $415.
04 million. Boot Barn had a net margin of 8.89% and a return on equity of 16.
44%. Boot Barn’s quarterly revenue was up 10.3% on a year-over-year basis.
During the same quarter in the previous year, the business posted $1.11 earnings per share. As a group, equities analysts anticipate that Boot Barn will post 5.
31 EPS for the current fiscal year. About Boot Barn ( Get Free Report ) 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. Further Reading Receive News & Ratings for Boot Barn Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boot Barn and related companies with MarketBeat.com's FREE daily email newsletter .
.
