Boot Barn Holdings Inc [BOOT] stock is trading at $160.34, down -0.04%. An important factor to consider is whether the stock is rising or falling in short-term value. The BOOT shares have gain 5.61% over the last week, with a monthly amount glided 3.53%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Robert W. Baird upgraded its rating to Outperform on October 30, 2024, and kept the price target unchanged to $167. On October 29, 2024, BTIG Research reiterated its Buy rating and revised its price target to $185 on the stock. Craig Hallum downgraded its rating to a Hold and increased its price target to $162 on October 25, 2024. UBS downgraded its rating to a Neutral and reduced its price target to $125 on July 24, 2024. Citigroup reiterated a Buy rating for this stock on July 19, 2024, and upped its price target to $154. In a note dated February 07, 2024, KeyBanc Capital Markets initiated an Sector Weight rating.
Boot Barn Holdings Inc [BOOT] stock has fluctuated between $69.35 and $169.83 over the past year. Currently, Wall Street analysts expect the stock to reach $172.33 within the next 12 months. Boot Barn Holdings Inc [NYSE: BOOT] shares were valued at $160.34 at the most recent close of the market. An investor can expect a potential return of 7.48% based on the average BOOT price forecast.
Analyzing the BOOT fundamentals
Boot Barn Holdings Inc [NYSE:BOOT] reported sales of 1.76B for the trailing twelve months, which represents a growth of 13.71%. Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.16 and Total Capital is 0.13. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.07.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 156.02 points at the first support level, and at 151.70 for the second support level. However, for the 1st resistance point, the stock is sitting at 162.53, and for the 2nd resistance point, it is at 164.72.
Ratios To Look Out For
For context, Boot Barn Holdings Inc’s Current Ratio is 2.25. On the other hand, the Quick Ratio is 0.26, and the Cash Ratio is 0.1. Considering the valuation of this stock, the price to sales ratio is 2.78, the price to book ratio is 4.81 and price to earnings (TTM) ratio is 32.14.
Transactions by insiders
Recent insider trading involved Hazen John, INTERIM CEO, that happened on Jan 02 ’25 when 6311.0 shares were sold. Officer, Hazen John completed a deal on Jan 02 ’25 to buy 6311.0 shares. Meanwhile, PRESIDENT AND CEO Conroy James Grant sold 53697.0 shares on Nov 08 ’24.
