BidaskClub upgraded shares of Boot Barn Holdings, Inc. (NYSE:BOOT) from a hold rating to a buy rating in a research note issued to investors on Saturday morning.
Several other research firms have also weighed in on BOOT. TheStreet upgraded Boot Barn Holdings from a d rating to a c rating in a report on Monday, October 30th. Robert W. Baird upgraded Boot Barn Holdings from a neutral rating to an outperform rating and lifted their target price for the stock from $10.00 to $11.00 in a report on Friday, August 4th. Citigroup Inc. boosted their price target on Boot Barn Holdings from $10.00 to $12.00 and gave the company a buy rating in a report on Friday, November 3rd. Zacks Investment Research upgraded Boot Barn Holdings from a hold rating to a buy rating and set a $9.75 price target on the stock in a report on Tuesday, October 3rd. Finally, Jefferies Group LLC boosted their price target on Boot Barn Holdings from $12.00 to $13.00 and gave the company a buy rating in a report on Friday, November 3rd. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Boot Barn Holdings presently has an average rating of Buy and an average price target of $10.72.
Boot Barn Holdings (BOOT) opened at $11.69 on Friday. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.16 and a current ratio of 1.32. The firm has a market capitalization of $320.27, a PE ratio of 20.71, a price-to-earnings-growth ratio of 1.29 and a beta of 1.24. Boot Barn Holdings has a twelve month low of $5.90 and a twelve month high of $17.26.
Boot Barn Holdings (NYSE:BOOT) last posted its earnings results on Thursday, November 2nd. The company reported $0.04 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.02 by $0.02. The firm had revenue of $143.10 million for the quarter, compared to analyst estimates of $139.92 million. Boot Barn Holdings had a return on equity of 8.70% and a net margin of 2.32%. The company’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.02 earnings per share. equities analysts predict that Boot Barn Holdings will post 0.59 EPS for the current year.
Several institutional investors have recently modified their holdings of BOOT. Trexquant Investment LP bought a new stake in shares of Boot Barn Holdings in the second quarter valued at about $106,000. Gotham Asset Management LLC acquired a new stake in shares of Boot Barn Holdings in the first quarter valued at about $112,000. Capital Fund Management S.A. acquired a new stake in shares of Boot Barn Holdings in the second quarter valued at about $114,000. BlueCrest Capital Management Ltd acquired a new stake in shares of Boot Barn Holdings in the second quarter valued at about $116,000. Finally, Cubist Systematic Strategies LLC acquired a new stake in shares of Boot Barn Holdings in the third quarter valued at about $151,000.
Boot Barn Holdings Company Profile
Boot Barn Holdings, Inc is a lifestyle retailer of western and work-related footwear, apparel and accessories for men, women and children. The Company’s stores are located in or near neighborhood shopping centers with trade areas of approximately five or more miles, and it has opened stores in malls and outlet center locations.
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