William Blair Has Bullish Estimate for Boot Barn Q1 Earnings

Boot Barn Holdings, Inc. (NYSE:BOOT) – Investment analysts at William Blair upped their Q1 2026 earnings per share (EPS) estimates for Boot Barn in a report issued on Friday, January 31st. William Blair analyst D. Carden now anticipates that the company will earn $1.55 per share for the quarter, up from their prior forecast of $1.48. The consensus estimate for Boot Barn’s current full-year earnings is $5.80 per share. William Blair also issued estimates for Boot Barn’s Q1 2027 earnings at $1.91 EPS, Q2 2027 earnings at $1.40 EPS and Q3 2027 earnings at $3.26 EPS.

Boot Barn (NYSE:BOOT) last issued its quarterly earnings data on Thursday, January 30th. The company reported $2.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.05 by $0.38. Boot Barn had a return on equity of 15.89% and a net margin of 8.73%.

Several other research firms have also commented on BOOT. BTIG Research raised their price target on shares of Boot Barn from $185.00 to $190.00 and gave the company a “buy” rating in a research report on Monday, January 13th. Williams Trading restated a “buy” rating and set a $173.00 target price on shares of Boot Barn in a research report on Tuesday, October 29th. Craig Hallum lowered Boot Barn from a “buy” rating to a “hold” rating and lifted their price target for the company from $154.00 to $162.00 in a research note on Friday, October 25th. 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. Finally, Citigroup cut their price objective on Boot Barn from $194.00 to $178.00 and set a “buy” rating for the company in a research report on Tuesday, October 29th. One equities research analyst has rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Boot Barn currently has a consensus rating of “Buy” and an average price target of $182.42.

Boot Barn Price Performance

Shares of NYSE BOOT opened at $160.70 on Monday. The stock has a market capitalization of $4.91 billion, a price-to-earnings ratio of 32.27, a PEG ratio of 1.57 and a beta of 2.10. The firm’s 50 day simple moving average is $153.42 and its 200-day simple moving average is $146.79. Boot Barn has a 12 month low of $71.54 and a 12 month high of $176.64.

Insider Buying and Selling

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

Institutional Trading of Boot Barn

Hedge funds and other institutional investors have recently modified their holdings of the business. GHP Investment Advisors Inc. purchased a new stake in shares of Boot Barn in the 3rd quarter valued at $25,000. Blue Trust Inc. grew its position in Boot Barn by 1,430.0% in the 4th quarter. Blue Trust Inc. now owns 153 shares of the company’s stock valued at $26,000 after acquiring an additional 143 shares in the last quarter. GAMMA Investing LLC increased its stake in Boot Barn by 100.8% during the third quarter. GAMMA Investing LLC now owns 534 shares of the company’s stock worth $89,000 after purchasing an additional 268 shares during the period. USA Financial Formulas acquired a new stake in shares of Boot Barn during the third quarter worth about $92,000. Finally, R Squared Ltd purchased a new position in shares of Boot Barn in the fourth quarter valued at approximately $102,000.

About Boot Barn

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.