Research Analysts Issue Forecasts for Boot Barn Q4 Earnings

Boot Barn Holdings, Inc. (NYSE:BOOT) – KeyCorp raised their Q4 2025 earnings per share (EPS) estimates for Boot Barn in a report issued on Wednesday, January 22nd. KeyCorp analyst A. Owens now expects that the company will post earnings of $1.22 per share for the quarter, up from their previous estimate of $1.17. KeyCorp currently has a “Overweight” rating and a $190.00 price target on the stock. The consensus estimate for Boot Barn’s current full-year earnings is $5.80 per share.

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

Several other research analysts have also commented on BOOT. Robert W. Baird upgraded Boot Barn from a “neutral” rating to an “outperform” rating and set a $167.00 target price for the company in a research report on Wednesday, October 30th. BTIG Research boosted their target price on shares of Boot Barn from $185.00 to $190.00 and gave the company a “buy” rating in a research note on Monday, January 13th. Bank of America raised their price target on shares of Boot Barn from $187.00 to $192.00 and gave the stock a “buy” rating in a research report on Wednesday, January 15th. Craig Hallum downgraded shares of Boot Barn from a “buy” rating to a “hold” rating and boosted their price objective for the company from $154.00 to $162.00 in a research report on Friday, October 25th. Finally, Williams Trading restated a “buy” rating and issued a $173.00 target price on shares of Boot Barn in a research note on Tuesday, October 29th. One equities research analyst has rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $173.00.

Boot Barn Stock Performance

NYSE:BOOT opened at $169.13 on Friday. The company has a market capitalization of $5.16 billion, a price-to-earnings ratio of 33.96, a price-to-earnings-growth ratio of 1.48 and a beta of 2.10. Boot Barn has a one year low of $71.54 and a one year high of $170.77. The stock has a 50-day simple moving average of $149.86 and a 200 day simple moving average of $144.98.

Institutional Trading of Boot Barn

Several institutional investors have recently modified their holdings of the company. Artemis Investment Management LLP bought a new stake in Boot Barn in the fourth quarter worth about $36,361,000. Jennison Associates LLC grew its stake in shares of Boot Barn by 92.3% in the 4th quarter. Jennison Associates LLC now owns 340,550 shares of the company’s stock worth $51,702,000 after purchasing an additional 163,451 shares during the last quarter. Marshall Wace LLP bought a new stake in shares of Boot Barn in the 2nd quarter worth approximately $19,532,000. State Street Corp lifted its stake in Boot Barn by 4.4% during the third quarter. State Street Corp now owns 1,208,345 shares of the company’s stock valued at $202,132,000 after purchasing an additional 51,356 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in Boot Barn by 56.5% during the third quarter. JPMorgan Chase & Co. now owns 141,305 shares of the company’s stock worth $23,638,000 after buying an additional 51,032 shares in the last quarter.

Insider Buying and Selling at Boot Barn

In other Boot Barn news, CEO John Hazen sold 6,311 shares of the stock in a transaction 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 transaction, the chief executive officer now directly owns 3,937 shares of the company’s stock, valued at approximately $602,282.26. This trade represents a 61.58 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.00% of the stock is owned by corporate insiders.

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.