FY2025 EPS Estimates for Boot Barn Raised by William Blair

Boot Barn Holdings, Inc. (NYSE:BOOT) – Stock analysts at William Blair boosted their FY2025 earnings per share (EPS) estimates for shares of Boot Barn in a note issued to investors on Saturday, January 11th. William Blair analyst D. Carden now forecasts that the company will earn $5.82 per share for the year, up from their previous 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.

A number of other research analysts have also recently commented on the company. Citigroup decreased their price target on Boot Barn from $194.00 to $178.00 and set a “buy” rating on the stock in a research note on Tuesday, October 29th. Williams Trading reissued a “buy” rating and set a $173.00 target price on shares of Boot Barn in a research note on Tuesday, October 29th. JPMorgan Chase & Co. lifted their target price on Boot Barn from $181.00 to $188.00 and gave the company an “overweight” rating in a research report on Wednesday, January 8th. Craig Hallum lowered shares of Boot Barn from a “buy” rating to a “hold” rating and boosted their price target for the stock from $154.00 to $162.00 in a research note on Friday, October 25th. Finally, UBS Group raised shares of Boot Barn from a “neutral” rating to a “buy” rating and raised their price objective for the company from $155.00 to $210.00 in a research note on Friday, January 10th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Boot Barn has a consensus rating of “Moderate Buy” and an average price target of $171.17.

Boot Barn Stock Performance

Shares of BOOT stock opened at $150.60 on Tuesday. Boot Barn has a one year low of $69.35 and a one year high of $169.83. The firm’s 50 day moving average price is $145.07 and its 200-day moving average price is $143.25. The firm has a market cap of $4.60 billion, a P/E ratio of 30.24 and a beta of 2.10.

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

Institutional Trading of Boot Barn

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. GHP Investment Advisors Inc. acquired a new position in shares of Boot Barn in the 3rd quarter valued at $25,000. Canada Pension Plan Investment Board purchased a new stake in Boot Barn in the second quarter valued at $64,000. GAMMA Investing LLC lifted its position in Boot Barn by 100.8% in the third quarter. GAMMA Investing LLC now owns 534 shares of the company’s stock valued at $89,000 after acquiring an additional 268 shares during the last quarter. USA Financial Formulas acquired a new position in Boot Barn in the third quarter valued at $92,000. Finally, KBC Group NV grew its holdings in shares of Boot Barn by 23.3% during the third quarter. KBC Group NV now owns 951 shares of the company’s stock worth $159,000 after purchasing an additional 180 shares during the last quarter.

Insider Activity

In related news, CEO John Hazen sold 6,311 shares of the business’s stock in a transaction that occurred 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 completion of the sale, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.00% of the company’s stock.

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.