FY2025 EPS Estimates for Boot Barn Lifted by Seaport Res Ptn

Boot Barn Holdings, Inc. (NYSE:BOOT) – Research analysts at Seaport Res Ptn upped their FY2025 earnings per share (EPS) estimates for shares of Boot Barn in a research note issued on Thursday, January 30th. Seaport Res Ptn analyst M. Kummetz now forecasts that the company will earn $5.84 per share for the year, up from their prior forecast of $5.67. The consensus estimate for Boot Barn’s current full-year earnings is $5.80 per share. Seaport Res Ptn also issued estimates for Boot Barn’s Q4 2025 earnings at $1.25 EPS, FY2026 earnings at $6.76 EPS and FY2027 earnings at $7.84 EPS.

Boot Barn (NYSE:BOOT) last announced its quarterly earnings data on Thursday, January 30th. The company reported $2.43 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%.

Other equities analysts also recently issued reports about the company. JPMorgan Chase & Co. raised their price target on Boot Barn from $200.00 to $209.00 and gave the stock an “overweight” rating in a research note on Friday. Williams Trading reiterated a “buy” rating and set a $173.00 target price on shares of Boot Barn in a research report on Tuesday, October 29th. UBS Group upgraded Boot Barn from a “neutral” rating to a “buy” rating and lifted their target price for the company from $155.00 to $210.00 in a research report on Friday, January 10th. Baird R W upgraded Boot Barn from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 30th. Finally, Citigroup lowered their price objective on Boot Barn from $194.00 to $178.00 and set a “buy” rating on the stock in a research report on Tuesday, October 29th. One investment analyst has rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $182.42.

Boot Barn Stock Down 7.9 %

BOOT stock opened at $160.70 on Monday. The firm has a market cap of $4.91 billion, a PE ratio of 32.27, a price-to-earnings-growth ratio of 1.57 and a beta of 2.10. The business has a 50 day moving average of $153.42 and a 200 day moving average of $146.79. Boot Barn has a twelve month low of $71.54 and a twelve month high of $176.64.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. New York State Common Retirement Fund increased its holdings in Boot Barn by 18.9% in the fourth quarter. New York State Common Retirement Fund now owns 31,265 shares of the company’s stock valued at $4,747,000 after buying an additional 4,975 shares in the last quarter. Peregrine Capital Management LLC increased its holdings in Boot Barn by 2.4% in the fourth quarter. Peregrine Capital Management LLC now owns 62,869 shares of the company’s stock valued at $9,545,000 after buying an additional 1,466 shares in the last quarter. Venturi Wealth Management LLC purchased a new position in Boot Barn in the fourth quarter valued at about $192,000. Principal Financial Group Inc. grew its position in shares of Boot Barn by 13.9% in the fourth quarter. Principal Financial Group Inc. now owns 231,933 shares of the company’s stock valued at $35,212,000 after purchasing an additional 28,268 shares during the last quarter. Finally, State of New Jersey Common Pension Fund D grew its position in shares of Boot Barn by 13.0% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 15,800 shares of the company’s stock valued at $2,399,000 after purchasing an additional 1,819 shares during the last quarter.

Insider Transactions at Boot Barn

In related news, CEO John Hazen sold 6,311 shares of Boot Barn stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $152.98, for a total value of $965,456.78. Following the completion of the sale, the chief executive officer now owns 3,937 shares in the company, valued at approximately $602,282.26. This trade represents a 61.58 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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.