William Blair Increases Earnings Estimates for Boot Barn

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

BOOT has been the subject of several other reports. BTIG Research boosted their target price on Boot Barn from $185.00 to $190.00 and gave the stock a “buy” rating in a research note on Monday. Piper Sandler restated an “overweight” rating and set a $179.00 target price on shares of Boot Barn in a research note on Tuesday, October 29th. Bank of America assumed coverage on shares of Boot Barn in a research note on Tuesday, January 7th. They issued a “buy” rating and a $187.00 price target for the company. Citigroup lowered their price target on shares of Boot Barn from $194.00 to $178.00 and set a “buy” rating for the company in a report on Tuesday, October 29th. Finally, UBS Group upgraded 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 report on Friday. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $171.17.

Boot Barn Stock Down 0.5 %

NYSE:BOOT opened at $155.35 on Tuesday. The company has a market cap of $4.74 billion, a price-to-earnings ratio of 31.19 and a beta of 2.10. Boot Barn has a 52 week low of $69.35 and a 52 week high of $169.83. The company has a fifty day simple moving average of $145.07 and a two-hundred day simple moving average of $143.25.

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

Institutional Trading of Boot Barn

Several institutional investors and hedge funds have recently bought and sold shares of BOOT. Trust Point Inc. grew its stake in shares of Boot Barn by 0.8% in the 3rd quarter. Trust Point Inc. now owns 9,112 shares of the company’s stock valued at $1,524,000 after purchasing an additional 71 shares during the last quarter. Crossmark Global Holdings Inc. grew its position in Boot Barn by 3.7% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 2,283 shares of the company’s stock valued at $382,000 after buying an additional 82 shares during the last quarter. Fisher Asset Management LLC increased its stake in Boot Barn by 2.0% in the 3rd quarter. Fisher Asset Management LLC now owns 4,192 shares of the company’s stock valued at $701,000 after buying an additional 83 shares during the period. Kings Path Partners LLC raised its position in Boot Barn by 2.7% during the 3rd quarter. Kings Path Partners LLC now owns 5,430 shares of the company’s stock worth $908,000 after buying an additional 142 shares during the last quarter. Finally, GHP Investment Advisors Inc. purchased a new stake in shares of Boot Barn in the third quarter valued at about $25,000.

Insiders Place Their Bets

In other news, CEO John Hazen sold 6,311 shares of the stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $152.98, for a total value of $965,456.78. Following the completion of the sale, the chief executive officer now directly owns 3,937 shares of the company’s stock, valued at approximately $602,282.26. This represents a 61.58 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 1.00% of the company’s stock.

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.