Boot Barn Holdings Inc [BOOT] stock prices are up 1.04% to $163.44 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The BOOT shares have gain 8.90% over the last week, with a monthly amount glided 12.28%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Boot Barn Holdings Inc [NYSE: BOOT] stock has seen the most recent analyst activity on January 10, 2025, when UBS upgraded its rating to a Buy and also boosted its price target to $210 from $155. On October 30, 2024, upgrade upgraded it’s rating to Outperform but maintained its price target of $167 on the stock. BTIG Research reiterated its Buy rating and increased its price target to $185 on October 29, 2024. Craig Hallum downgraded its rating to a Hold and raised its price target to $162 on October 25, 2024. UBS downgraded its rating to Neutral for this stock on July 24, 2024, and downed its price target to $125. In a note dated July 19, 2024, Citigroup reiterated an Buy rating on this stock and boosted its target price from $122 to $154.
The stock price of Boot Barn Holdings Inc [BOOT] has been fluctuating between $71.54 and $169.83 over the past year. Currently, Wall Street analysts expect the stock to reach $177.71 within the next 12 months. Boot Barn Holdings Inc [NYSE: BOOT] shares were valued at $163.44 at the most recent close of the market. An investor can expect a potential return of 8.73% based on the average BOOT price forecast.
Analyzing the BOOT fundamentals
The Boot Barn Holdings Inc [NYSE:BOOT] reported sales of 1.76B for trailing twelve months, representing a surge 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.51.
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 160.96 points at the first support level, and at 158.49 for the second support level. However, for the 1st resistance point, the stock is sitting at 165.88, and for the 2nd resistance point, it is at 168.33.
Ratios To Look Out For
It’s worth pointing out that Boot Barn Holdings Inc [NYSE:BOOT]’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 2.84, the price to book ratio is 4.91 and price to earnings (TTM) ratio is 32.76.
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.
