Boot Barn (NYSE:BOOT) Updates FY 2025 Earnings Guidance

Boot Barn (NYSE:BOOT) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 4.550-4.850 for the period, compared to the consensus EPS estimate of 5.160. The company issued revenue guidance of $1.8 billion-$1.8 billion, compared to the consensus revenue estimate of $1.8 billion. Boot Barn also updated its FY25 guidance to $4.55-4.85 EPS.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on BOOT. Robert W. Baird increased their price target on shares of Boot Barn from $90.00 to $100.00 and gave the company a neutral rating in a report on Wednesday. Piper Sandler raised their price objective on Boot Barn from $94.00 to $110.00 and gave the company an overweight rating in a research note on Tuesday, April 16th. KeyCorp started coverage on Boot Barn in a research report on Wednesday, February 7th. They set a sector weight rating on the stock. JPMorgan Chase & Co. raised their price target on Boot Barn from $85.00 to $115.00 and gave the stock an overweight rating in a research report on Thursday, May 9th. Finally, TD Cowen lifted their price objective on shares of Boot Barn from $115.00 to $120.00 and gave the stock a buy rating in a research note on Monday, April 29th. One analyst has rated the stock with a sell rating, three have given a hold rating and ten have given a buy rating to the company’s stock. According to data from MarketBeat, Boot Barn has an average rating of Moderate Buy and a consensus target price of $109.55.

Boot Barn Price Performance

Shares of BOOT stock opened at $111.70 on Friday. The company has a market capitalization of $3.38 billion, a P/E ratio of 23.27 and a beta of 2.15. The company’s 50-day simple moving average is $98.32 and its two-hundred day simple moving average is $84.91. Boot Barn has a one year low of $64.33 and a one year high of $115.97.

Insider Buying and Selling

In other news, CEO James Grant Conroy sold 19,478 shares of the firm’s stock in a transaction on Thursday, February 29th. The stock was sold at an average price of $92.38, for a total transaction of $1,799,377.64. Following the transaction, the chief executive officer now owns 46,273 shares in the company, valued at $4,274,699.74. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 2.20% of the stock is owned by insiders.

About Boot Barn

Boot Barn Holdings, Inc, a lifestyle retail chain, operates specialty retail stores in the United States. The company's specialty retail stores offer western and work-related footwear, apparel, and accessories for men, women, and kids. It offers boots, shirts, jackets, hats, belts and belt buckles, handbags, western-style jewelry, rugged footwear, outerwear, overalls, denim, and flame-resistant and high-visibility clothing.