Q3 Earnings Estimate for Boot Barn Issued By Seaport Res Ptn

Boot Barn Holdings, Inc. (NYSE:BOOT) – Equities researchers at Seaport Res Ptn dropped their Q3 2025 earnings per share (EPS) estimates for Boot Barn in a research report issued to clients and investors on Tuesday, October 29th. Seaport Res Ptn analyst M. Kummetz now forecasts that the company will post earnings per share of $2.07 for the quarter, down from their previous forecast of $2.10. The consensus estimate for Boot Barn’s current full-year earnings is $5.29 per share.

A number of other equities research analysts also recently issued reports on the stock. Robert W. Baird upgraded shares of Boot Barn from a “neutral” rating to an “outperform” rating and set a $167.00 target price for the company in a research report on Wednesday. Craig Hallum lowered 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. UBS Group boosted their target price on Boot Barn from $127.00 to $165.00 and gave the company a “neutral” rating in a research note on Wednesday, October 16th. Williams Trading reaffirmed a “buy” rating and set a $173.00 price target on shares of Boot Barn in a research note on Tuesday. Finally, Piper Sandler reiterated an “overweight” rating and set a $179.00 price target on shares of Boot Barn in a report on Tuesday. One research analyst has rated the stock with a sell rating, three have given a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $164.55.

Boot Barn Stock Performance

BOOT stock opened at $124.54 on Thursday. The firm has a 50 day simple moving average of $154.30 and a 200 day simple moving average of $132.35. Boot Barn has a 52 week low of $66.73 and a 52 week high of $169.83. The stock has a market cap of $3.79 billion, a P/E ratio of 25.94 and a beta of 2.12.

Boot Barn (NYSE:BOOT) last announced its quarterly earnings data on Monday, October 28th. The company reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.93 by $0.02. The firm had revenue of $425.80 million during the quarter, compared to analyst estimates of $424.42 million. Boot Barn had a return on equity of 16.44% and a net margin of 8.89%. The business’s quarterly revenue was up 13.7% compared to the same quarter last year. During the same period last year, the company posted $0.91 EPS.

Institutional Trading of Boot Barn

Institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. grew its stake in Boot Barn by 1.3% in the 4th quarter. Vanguard Group Inc. now owns 2,744,105 shares of the company’s stock valued at $210,638,000 after buying an additional 35,925 shares during the last quarter. Westwood Holdings Group Inc. increased its stake in shares of Boot Barn by 29.4% in the first quarter. Westwood Holdings Group Inc. now owns 545,644 shares of the company’s stock worth $51,918,000 after purchasing an additional 124,060 shares during the period. Jennison Associates LLC lifted its position in shares of Boot Barn by 19.6% during the 1st quarter. Jennison Associates LLC now owns 530,882 shares of the company’s stock worth $50,513,000 after purchasing an additional 86,969 shares during the last quarter. Capital Research Global Investors bought a new stake in Boot Barn during the 1st quarter valued at approximately $32,779,000. Finally, Janus Henderson Group PLC boosted its stake in Boot Barn by 1,212.4% during the 1st quarter. Janus Henderson Group PLC now owns 285,174 shares of the company’s stock valued at $27,134,000 after purchasing an additional 263,444 shares during the period.

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.