Boot Barn Holdings (BOOT) Getting Somewhat Negative Media Coverage, Analysis Shows
Media headlines about Boot Barn Holdings (NYSE:BOOT) have been trending somewhat negative recently, AlphaOne Sentiment Analysis reports. The research firm, a unit of Accern, identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Boot Barn Holdings earned a media sentiment score of -0.22 on AlphaOne’s scale. AlphaOne also gave press coverage about the company an impact score of 0 out of 100, indicating that recent media coverage is extremely unlikely to have an effect on the stock’s share price in the near future.
Shares of Boot Barn Holdings (NYSE:BOOT) opened at 7.88 on Friday. The firm has a market capitalization of $209.17 million, a P/E ratio of 16.77 and a beta of 1.37. Boot Barn Holdings has a one year low of $6.03 and a one year high of $17.26. The firm has a 50-day moving average of $10.08 and a 200-day moving average of $11.78.
Several research firms recently weighed in on BOOT. Zacks Investment Research downgraded shares of Boot Barn Holdings from a “hold” rating to a “sell” rating in a report on Thursday, January 19th. B. Riley reaffirmed a “buy” rating and issued a $15.00 price objective on shares of Boot Barn Holdings in a report on Monday, February 6th. Mizuho reduced their price objective on shares of Boot Barn Holdings from $12.00 to $10.00 and set a “neutral” rating for the company in a report on Wednesday, February 1st. Jefferies Group LLC reaffirmed a “buy” rating and issued a $15.00 price objective on shares of Boot Barn Holdings in a report on Wednesday, February 1st. Finally, Piper Jaffray Companies reduced their price objective on shares of Boot Barn Holdings from $14.00 to $12.00 and set an “overweight” rating for the company in a report on Wednesday, February 1st. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $14.69.
About Boot Barn Holdings
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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