This trade activity should not be overlooked: Boot Barn Holdings Inc (BOOT)

With 0.65 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.72 million shares. During the session, the Apparel Retail company that operates in wider Consumer Cyclical sector, reached to the highest price of $140.9999 whereas the lowest price it dropped to was $135.605. The 52-week range on BOOT shows that it touched its highest point at $169.83 and its lowest point at $68.37 during that stretch. It currently has a 1-year price target of $176.67. Beta for the stock currently stands at 2.15.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BOOT was up-trending over the past week, with a rise of 2.70%, but this was up by 5.29% over a month. Three-month performance dropped to -1.00% while six-month performance rose 19.37%. The stock gained 89.16% in the past year, while it has gained 77.48% so far this year. A look at the trailing 12-month EPS for BOOT yields 4.99 with Next year EPS estimates of 6.59. For the next quarter, that number is 2.05. This implies an EPS growth rate of 14.70% for this year and 19.59% for next year. EPS is expected to grow by 3.10% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 28.81%.

Float and Shares Shorts:

At present, 30.34 million BOOT shares are outstanding with a float of 30.33 million shares on hand for trading. On 2024-11-15, short shares totaled 2.0 million, which was 654.0 higher than short shares on 1728950400. In addition to Mr. James G. Conroy as the firm’s President, CEO & Director, Mr. James M. Watkins serves as its CFO & Secretary.

Institutional Ownership:

Through their ownership of 1.1261699 of BOOT’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-28, BOOT reported revenue of $425799000.0 and operating income of $39979000.0. The EBITDA in the recently reported quarter was $56208000.0 and diluted EPS was $0.95.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BOOT since 9 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With BOOT analysts setting a high price target of 195.0 and a low target of 155.0, the average target price over the next 12 months is 176.66667. Based on these targets, BOOT could surge 43.14% to reach the target high and rise by 13.78% to reach the target low. Reaching the average price target will result in a growth of 29.68% from current levels.

Analysts have provided yearly estimates in a range of $4.7466 being high and $4.69663 being low. For BOOT, this leads to a yearly average estimate of $4.72661. The surprise factor in the prior quarter was $1.08. Based on analyst estimates, the high estimate for the next quarter is $1.36 and the low estimate is $1.06. The average estimate for the next quarter is thus $1.24.