Shares of Boot Barn Holdings, Inc. (NYSE:BOOT – Get Rating) have been given a consensus recommendation of “Hold” by the fourteen ratings firms that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and three have given a buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $88.40.
BOOT has been the subject of several research analyst reports. Citigroup decreased their target price on Boot Barn from $93.00 to $84.00 in a research report on Thursday, May 18th. Robert W. Baird decreased their target price on Boot Barn from $86.00 to $70.00 in a research report on Thursday, May 18th. StockNews.com assumed coverage on Boot Barn in a report on Thursday, May 18th. They issued a “sell” rating for the company. 888 reissued a “maintains” rating on shares of Boot Barn in a report on Thursday, May 18th. Finally, TheStreet raised Boot Barn from a “c+” rating to a “b-” rating in a report on Monday, March 20th.
Boot Barn Price Performance
Shares of NYSE:BOOT opened at $67.20 on Tuesday. The company has a current ratio of 1.79, a quick ratio of 0.21 and a debt-to-equity ratio of 0.43. The stock’s fifty day simple moving average is $72.14 and its two-hundred day simple moving average is $71.07. Boot Barn has a 1-year low of $50.20 and a 1-year high of $88.80. The stock has a market cap of $2.01 billion, a PE ratio of 11.96, a price-to-earnings-growth ratio of 1.12 and a beta of 2.35.
Institutional Trading of Boot Barn
Large investors have recently modified their holdings of the business. Cerity Partners LLC bought a new stake in shares of Boot Barn during the 1st quarter valued at about $701,000. Quadrant Capital Group LLC boosted its position in shares of Boot Barn by 103.6% during the 4th quarter. Quadrant Capital Group LLC now owns 625 shares of the company’s stock valued at $39,000 after acquiring an additional 318 shares during the last quarter. Arcadia Investment Management Corp MI boosted its position in shares of Boot Barn by 293.8% during the 1st quarter. Arcadia Investment Management Corp MI now owns 638 shares of the company’s stock valued at $49,000 after acquiring an additional 476 shares during the last quarter. Dark Forest Capital Management LP bought a new stake in shares of Boot Barn during the 1st quarter valued at about $68,000. Finally, First Horizon Advisors Inc. lifted its position in Boot Barn by 19.7% in the 4th quarter. First Horizon Advisors Inc. now owns 906 shares of the company’s stock worth $57,000 after buying an additional 149 shares during the last quarter.
About Boot Barn
Boot Barn Holdings, Inc engages in the operation of retail stores of western and work-related footwear, apparel, and accessories. The firm’s products include boots, jeans, accessories, hats, gifts and home products, and work wear. Its brands include Ariat, Wrangler, Lucchese Boots, Idyllwind, and Cinch.
- Get a free copy of the StockNews.com research report on Boot Barn (BOOT)
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