Research Analysts Issue Forecasts for Boot Barn Holdings, Inc.’s Q2 2025 Earnings (NYSE:BOOT)

Boot Barn Holdings, Inc. (NYSE:BOOT) – Research analysts at William Blair increased their Q2 2025 earnings per share estimates for shares of Boot Barn in a research report issued to clients and investors on Monday, September 9th. William Blair analyst D. Carden now expects that the company will post earnings of $0.98 per share for the quarter, up from their previous forecast of $0.84. The consensus estimate for Boot Barn’s current full-year earnings is $5.20 per share.

Boot Barn (NYSE:BOOT) last issued its earnings results on Wednesday, August 7th. The company reported $1.26 EPS for the quarter, beating the consensus estimate of $1.08 by $0.18. The company had revenue of $423.40 million for the quarter, compared to the consensus estimate of $415.04 million. Boot Barn had a net margin of 8.89% and a return on equity of 16.44%. The firm’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.11 EPS.

A number of other equities research analysts have also commented on BOOT. UBS Group increased their price target on Boot Barn from $125.00 to $127.00 and gave the stock a “neutral” rating in a research report on Thursday, August 8th. Robert W. Baird increased their target price on Boot Barn from $132.00 to $140.00 and gave the stock a “neutral” rating in a report on Thursday, August 8th. JPMorgan Chase & Co. lifted their price target on Boot Barn from $146.00 to $160.00 and gave the company an “overweight” rating in a report on Tuesday. Craig Hallum increased their price objective on shares of Boot Barn from $120.00 to $150.00 and gave the stock a “buy” rating in a report on Wednesday, June 5th. Finally, Benchmark restated a “buy” rating and issued a $140.00 price objective on shares of Boot Barn in a research report on Wednesday. One 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 stock. Based on data from MarketBeat.com, Boot Barn currently has a consensus rating of “Moderate Buy” and an average target price of $141.10.

Boot Barn Trading Up 1.5 %

Shares of Boot Barn stock opened at $150.45 on Thursday. The stock has a market capitalization of $4.57 billion, a price-to-earnings ratio of 31.34 and a beta of 2.11. The firm’s 50-day moving average price is $131.79 and its two-hundred day moving average price is $115.74. Boot Barn has a 1-year low of $66.73 and a 1-year high of $162.16.

Institutional Investors Weigh In On Boot Barn

Institutional investors and hedge funds have recently modified their holdings of the business. GAMMA Investing LLC grew its holdings in Boot Barn by 111.1% during the 2nd quarter. GAMMA Investing LLC now owns 266 shares of the company’s stock worth $34,000 after acquiring an additional 140 shares during the period. Canada Pension Plan Investment Board acquired a new stake in shares of Boot Barn during the second quarter worth $64,000. 1620 Investment Advisors Inc. bought a new stake in Boot Barn in the second quarter valued at about $84,000. First Horizon Advisors Inc. lifted its stake in Boot Barn by 11.2% in the second quarter. First Horizon Advisors Inc. now owns 931 shares of the company’s stock valued at $120,000 after buying an additional 94 shares during the period. Finally, Principal Securities Inc. bought a new position in Boot Barn during the fourth quarter worth about $102,000.

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.