Boot Barn Holdings, Inc. $BOOT Shares Bought by Yousif Capital Management LLC

Yousif Capital Management LLC lifted its stake in shares of Boot Barn Holdings, Inc. (NYSE:BOOT) by 1.8% during the 2nd quarter, HoldingsChannel reports. The firm owned 11,509 shares of the company’s stock after purchasing an additional 209 shares during the quarter. Yousif Capital Management LLC’s holdings in Boot Barn were worth $1,749,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Xponance Inc. boosted its holdings in shares of Boot Barn by 5.5% during the 1st quarter. Xponance Inc. now owns 2,292 shares of the company’s stock worth $246,000 after purchasing an additional 120 shares during the last quarter. Intrust Bank NA boosted its holdings in shares of Boot Barn by 3.4% during the 1st quarter. Intrust Bank NA now owns 4,702 shares of the company’s stock worth $505,000 after purchasing an additional 153 shares during the last quarter. Rafferty Asset Management LLC boosted its holdings in shares of Boot Barn by 6.1% during the 1st quarter. Rafferty Asset Management LLC now owns 3,013 shares of the company’s stock worth $324,000 after purchasing an additional 174 shares during the last quarter. Golden State Wealth Management LLC boosted its holdings in shares of Boot Barn by 263.6% during the 1st quarter. Golden State Wealth Management LLC now owns 280 shares of the company’s stock worth $30,000 after purchasing an additional 203 shares during the last quarter. Finally, Hancock Whitney Corp boosted its holdings in shares of Boot Barn by 7.7% during the 1st quarter. Hancock Whitney Corp now owns 2,947 shares of the company’s stock worth $317,000 after purchasing an additional 211 shares during the last quarter.

Wall Street Analysts Forecast Growth

BOOT has been the topic of several recent research reports. BTIG Research boosted their target price on Boot Barn from $200.00 to $218.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Cowen restated a “buy” rating on shares of Boot Barn in a report on Monday, July 28th. Piper Sandler upped their price objective on Boot Barn from $184.00 to $185.00 and gave the company an “overweight” rating in a report on Monday, July 28th. KeyCorp upped their price objective on Boot Barn from $195.00 to $210.00 and gave the company an “overweight” rating in a report on Friday, August 1st. Finally, Jefferies Financial Group cut Boot Barn from a “buy” rating to a “hold” rating and decreased their price objective for the company from $187.00 to $175.00 in a report on Wednesday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $182.54.

Boot Barn Stock Performance

BOOT opened at $184.75 on Monday. Boot Barn Holdings, Inc. has a one year low of $86.17 and a one year high of $191.31. The stock has a market capitalization of $5.65 billion, a PE ratio of 29.14, a P/E/G ratio of 1.86 and a beta of 1.61. The business’s 50 day moving average price is $174.58 and its 200 day moving average price is $154.92.

Boot Barn (NYSE:BOOT) last announced its earnings results on Thursday, July 31st. The company reported $1.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.55 by $0.19. The company had revenue of $504.07 million for the quarter, compared to analyst estimates of $489.49 million. Boot Barn had a return on equity of 17.73% and a net margin of 9.81%.The firm’s quarterly revenue was up 19.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.26 earnings per share. Boot Barn has set its Q2 2026 guidance at 1.190-1.270 EPS. FY 2026 guidance at 5.800-6.700 EPS. As a group, equities research analysts forecast that Boot Barn Holdings, Inc. will post 5.82 earnings per share for the current fiscal year.

Boot Barn 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.