Q3 EPS Estimates for Boot Barn Decreased by Seaport Res Ptn

Boot Barn Holdings, Inc. (NYSE:BOOT) – Research analysts at Seaport Res Ptn lowered their Q3 2025 earnings estimates for Boot Barn in a report released on Tuesday, October 29th. Seaport Res Ptn analyst M. Kummetz now forecasts that the company will post earnings per share of $2.07 for the quarter, down from their previous estimate of $2.10. The consensus estimate for Boot Barn’s current full-year earnings is $5.29 per share.

Boot Barn (NYSE:BOOT) last announced its quarterly earnings results on Monday, October 28th. The company reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.93 by $0.02. The company had revenue of $425.80 million for the quarter, compared to analyst estimates of $424.42 million. Boot Barn had a net margin of 8.89% and a return on equity of 16.44%. Boot Barn’s revenue for the quarter was up 13.7% on a year-over-year basis. During the same quarter last year, the business earned $0.91 EPS.

Other equities analysts have also issued reports about the company. Citigroup reduced their price objective on Boot Barn from $194.00 to $178.00 and set a “buy” rating on the stock in a research note on Tuesday. Benchmark reaffirmed a “buy” rating and set a $192.00 price target on shares of Boot Barn in a research report on Tuesday. UBS Group increased their price objective on shares of Boot Barn from $127.00 to $165.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 16th. Williams Trading restated a “buy” rating and set a $173.00 target price on shares of Boot Barn in a report on Tuesday. Finally, JPMorgan Chase & Co. increased their price target on Boot Barn from $160.00 to $181.00 and gave the company an “overweight” rating in a report on Tuesday. One investment analyst has rated the stock with a sell rating, three have given a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Boot Barn currently has an average rating of “Moderate Buy” and an average price target of $164.55.

Boot Barn Trading Down 1.7 %

Shares of Boot Barn stock opened at $127.12 on Thursday. The business’s fifty day moving average price is $154.30 and its 200 day moving average price is $132.35. Boot Barn has a twelve month low of $66.73 and a twelve month high of $169.83. The stock has a market capitalization of $3.86 billion, a P/E ratio of 26.48 and a beta of 2.12.

Institutional Investors Weigh In On Boot Barn

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Trust Point Inc. boosted its stake in shares of Boot Barn by 0.8% during the 3rd quarter. Trust Point Inc. now owns 9,112 shares of the company’s stock valued at $1,524,000 after buying an additional 71 shares during the last quarter. First Horizon Advisors Inc. grew its holdings in Boot Barn by 11.2% during the 2nd quarter. First Horizon Advisors Inc. now owns 931 shares of the company’s stock worth $120,000 after acquiring an additional 94 shares in the last quarter. Shaker Investments LLC OH increased its position in shares of Boot Barn by 1.6% in the 2nd quarter. Shaker Investments LLC OH now owns 6,452 shares of the company’s stock worth $832,000 after purchasing an additional 102 shares during the last quarter. Nisa Investment Advisors LLC raised its stake in shares of Boot Barn by 9.4% in the 2nd quarter. Nisa Investment Advisors LLC now owns 1,461 shares of the company’s stock valued at $188,000 after purchasing an additional 126 shares in the last quarter. Finally, Tilia Fiduciary Partners Inc. lifted its position in shares of Boot Barn by 1.4% during the second quarter. Tilia Fiduciary Partners Inc. now owns 10,209 shares of the company’s stock worth $1,316,000 after purchasing an additional 136 shares during the last quarter.

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.