Analysts’ Weekly Ratings Updates for Boot Barn (BOOT)

Several brokerages have updated their recommendations and price targets on shares of Boot Barn (NYSE: BOOT) in the last few weeks:

• 5/16/2025 – Boot Barn had its price target raised by analysts at Citigroup Inc. from $137.00 to $180.00. They now have a “buy” rating on the stock.
• 5/15/2025 – Boot Barn had its price target raised by analysts at Piper Sandler from $162.00 to $184.00. They now have an “overweight” rating on the stock.
• 5/15/2025 – Boot Barn had its price target lowered by analysts at JPMorgan Chase & Co. from $209.00 to $196.00. They now have an “overweight” rating on the stock.
• 5/15/2025 – Boot Barn had its price target raised by analysts at Robert W. Baird from $140.00 to $180.00. They now have an “outperform” rating on the stock.
• 5/15/2025 – Boot Barn had its price target raised by analysts at UBS Group AG from $156.00 to $210.00. They now have a “buy” rating on the stock.
• 5/15/2025 – Boot Barn had its price target raised by analysts at Bank of America Co. from $160.00 to $173.00. They now have a “buy” rating on the stock.
• 4/29/2025 – Boot Barn had its price target lowered by analysts at KeyCorp from $190.00 to $165.00. They now have an “overweight” rating on the stock.
• 4/25/2025 – Boot Barn was given a new $162.00 price target on by analysts at Piper Sandler.
• 4/23/2025 – Boot Barn had its price target lowered by analysts at Robert W. Baird from $133.00 to $120.00. They now have an “outperform” rating on the stock.
• 4/23/2025 – Boot Barn was upgraded by analysts at Craig Hallum from a “hold” rating to a “buy” rating. They now have a $130.00 price target on the stock.
• 4/9/2025 – Boot Barn is now covered by analysts at Stephens. They set an “overweight” rating and a $100.00 price target on the stock.
• 4/8/2025 – Boot Barn was upgraded by analysts at Stephens to a “hold” rating.

Boot Barn Stock Up 1.1%

NYSE BOOT traded up $1.82 on Tuesday, hitting $162.76. The company’s stock had a trading volume of 852,653 shares, compared to its average volume of 824,829. The firm has a market cap of $4.98 billion, a PE ratio of 29.06, a PEG ratio of 1.17 and a beta of 1.59. Boot Barn Holdings, Inc. has a 1-year low of $86.17 and a 1-year high of $176.64. The company’s 50-day moving average is $108.22 and its 200 day moving average is $130.33.

Boot Barn (NYSE:BOOT) last posted its quarterly earnings data on Wednesday, May 14th. The company reported $1.22 EPS for the quarter, missing analysts’ consensus estimates of $1.24 by ($0.02). Boot Barn had a return on equity of 17.11% and a net margin of 9.36%. The company had revenue of $453.75 million during the quarter, compared to analyst estimates of $458.56 million. During the same period in the prior year, the firm earned $0.96 earnings per share. Boot Barn’s revenue was up 16.8% compared to the same quarter last year. On average, equities analysts expect that Boot Barn Holdings, Inc. will post 5.82 EPS for the current year.

Hedge Funds Weigh In On Boot Barn

A number of hedge funds have recently bought and sold shares of the company. Park Avenue Securities LLC raised its position in shares of Boot Barn by 26.7% in the 4th quarter. Park Avenue Securities LLC now owns 1,858 shares of the company’s stock worth $282,000 after acquiring an additional 391 shares in the last quarter. Mitsubishi UFJ Asset Management UK Ltd. boosted its position in shares of Boot Barn by 85.7% during the 4th quarter. Mitsubishi UFJ Asset Management UK Ltd. now owns 13,000 shares of the company’s stock valued at $1,974,000 after purchasing an additional 6,000 shares in the last quarter. Blue Trust Inc. grew its stake in Boot Barn by 1,430.0% during the fourth quarter. Blue Trust Inc. now owns 153 shares of the company’s stock worth $26,000 after purchasing an additional 143 shares during the period. KBC Group NV increased its holdings in Boot Barn by 28.5% in the fourth quarter. KBC Group NV now owns 1,222 shares of the company’s stock worth $186,000 after purchasing an additional 271 shares in the last quarter. Finally, Mount Yale Investment Advisors LLC acquired a new position in Boot Barn in the fourth quarter valued at approximately $355,000.

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.