Boot Barn Holdings (BOOT) Receives Coverage Optimism Score of 0.10
Press coverage about Boot Barn Holdings (NYSE:BOOT) has trended somewhat positive this week, Accern reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Boot Barn Holdings earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave media coverage about the company an impact score of 45.8160661783499 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
A number of equities research analysts have recently issued reports on the company. Robert W. Baird upgraded Boot Barn Holdings from a “neutral” rating to an “outperform” rating and upped their price objective for the stock from $10.00 to $11.00 in a research note on Friday, August 4th. Zacks Investment Research upgraded Boot Barn Holdings from a “sell” rating to a “hold” rating in a research note on Thursday, August 3rd. Piper Jaffray Companies restated a “buy” rating on shares of Boot Barn Holdings in a research note on Thursday, August 3rd. Jefferies Group LLC restated a “buy” rating and issued a $15.00 price target on shares of Boot Barn Holdings in a research note on Tuesday, July 4th. Finally, J P Morgan Chase & Co restated a “neutral” rating and issued a $7.00 price target (down previously from $11.00) on shares of Boot Barn Holdings in a research note on Tuesday, June 6th. One analyst has rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $10.88.
Shares of Boot Barn Holdings (NYSE BOOT) opened at 8.10 on Friday. Boot Barn Holdings has a 1-year low of $5.90 and a 1-year high of $17.26. The company has a 50-day moving average price of $7.85 and a 200-day moving average price of $8.70. The company has a market cap of $215.40 million, a PE ratio of 15.03 and a beta of 1.26.
Boot Barn Holdings (NYSE:BOOT) last posted its quarterly earnings data on Tuesday, August 1st. The company reported $0.03 earnings per share for the quarter. Boot Barn Holdings had a return on equity of 8.58% and a net margin of 2.26%. The business had revenue of $139.40 million for the quarter, compared to analysts’ expectations of $139 million. During the same quarter in the previous year, the firm earned $0.02 earnings per share. The business’s revenue was up 4.5% on a year-over-year basis. Equities research analysts expect that Boot Barn Holdings will post $0.61 earnings per share for the current fiscal year.
In other Boot Barn Holdings news, Director Brenda I. Morris acquired 7,000 shares of the business’s stock in a transaction on Wednesday, June 7th. The shares were acquired at an average price of $6.33 per share, with a total value of $44,310.00. Following the completion of the transaction, the director now owns 13,818 shares in the company, valued at $87,467.94. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Peter Starrett acquired 50,000 shares of the business’s stock in a transaction on Tuesday, June 6th. The stock was acquired at an average cost of $6.12 per share, for a total transaction of $306,000.00. Following the transaction, the director now owns 4,726 shares of the company’s stock, valued at approximately $28,923.12. The disclosure for this purchase can be found here. 4.60% of the stock is currently owned by insiders.
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.
Receive News & Stock Ratings for Boot Barn Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boot Barn Holdings Inc. and related stocks with our FREE daily email newsletter.