FY2025 EPS Estimates for Boot Barn Lifted by William Blair

Boot Barn Holdings, Inc. (NYSE:BOOT) – Research analysts at William Blair increased their FY2025 EPS estimates for shares of Boot Barn in a research report issued to clients and investors on Saturday, January 11th. William Blair analyst D. Carden now forecasts that the company will post earnings per share of $5.82 for the year, up from their prior forecast of $5.41. The consensus estimate for Boot Barn’s current full-year earnings is $5.48 per share. William Blair also issued estimates for Boot Barn’s Q4 2025 earnings at $1.24 EPS, Q4 2026 earnings at $1.46 EPS, FY2026 earnings at $6.97 EPS and FY2027 earnings at $8.26 EPS.

Boot Barn (NYSE:BOOT) last released its earnings results on Monday, October 28th. The company reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.93 by $0.02. Boot Barn had a return on equity of 15.89% and a net margin of 8.73%. The firm had revenue of $425.80 million during the quarter, compared to the consensus estimate of $424.42 million. During the same quarter in the previous year, the company posted $0.91 earnings per share. The company’s revenue was up 13.7% compared to the same quarter last year.

BOOT has been the subject of several other reports. Williams Trading reiterated a “buy” rating and set a $173.00 price target on shares of Boot Barn in a research report on Tuesday, October 29th. BTIG Research boosted their target price on shares of Boot Barn from $185.00 to $190.00 and gave the company a “buy” rating in a research note on Monday. Piper Sandler restated an “overweight” rating and set a $179.00 price target on shares of Boot Barn in a research report on Tuesday, October 29th. Robert W. Baird raised shares of Boot Barn from a “neutral” rating to an “outperform” rating and set a $167.00 price objective for the company in a report on Wednesday, October 30th. Finally, Citigroup lowered their target price on shares of Boot Barn from $194.00 to $178.00 and set a “buy” rating on the stock in a research note on Tuesday, October 29th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $171.17.

Boot Barn Price Performance

BOOT stock opened at $150.60 on Tuesday. The company has a market capitalization of $4.60 billion, a P/E ratio of 30.24 and a beta of 2.10. Boot Barn has a 12 month low of $69.35 and a 12 month high of $169.83. The firm’s fifty day simple moving average is $145.07 and its 200-day simple moving average is $143.25.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of BOOT. GHP Investment Advisors Inc. acquired a new stake in shares of Boot Barn in the third quarter valued at approximately $25,000. Canada Pension Plan Investment Board acquired a new stake in shares of Boot Barn in the 2nd quarter worth $64,000. GAMMA Investing LLC raised its holdings in shares of Boot Barn by 100.8% during the 3rd quarter. GAMMA Investing LLC now owns 534 shares of the company’s stock worth $89,000 after acquiring an additional 268 shares during the period. USA Financial Formulas acquired a new position in shares of Boot Barn during the 3rd quarter valued at about $92,000. Finally, KBC Group NV grew its holdings in shares of Boot Barn by 23.3% in the third quarter. KBC Group NV now owns 951 shares of the company’s stock valued at $159,000 after purchasing an additional 180 shares during the period.

Insider Buying and Selling at Boot Barn

In related news, CEO John Hazen sold 6,311 shares of the business’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $152.98, for a total transaction of $965,456.78. Following the transaction, the chief executive officer now directly owns 3,937 shares in the company, valued at approximately $602,282.26. The trade was a 61.58 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 1.00% of the company’s stock.

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.