Boot Barn Holdings, Inc. (NYSE:BOOT) Forecasted to Earn Q2 2025 Earnings of $0.95 Per Share

Boot Barn Holdings, Inc. (NYSE:BOOT) – Investment analysts at Seaport Res Ptn boosted their Q2 2025 earnings per share (EPS) estimates for Boot Barn in a note issued to investors on Tuesday, September 10th. Seaport Res Ptn analyst M. Kummetz now forecasts that the company will earn $0.95 per share for the quarter, up from their previous forecast of $0.87. The consensus estimate for Boot Barn’s current full-year earnings is $5.20 per share. Seaport Res Ptn also issued estimates for Boot Barn’s FY2025 earnings at $5.37 EPS, FY2026 earnings at $6.35 EPS and FY2027 earnings at $7.35 EPS.

Boot Barn (NYSE:BOOT) last released its quarterly earnings results on Wednesday, August 7th. The company reported $1.26 EPS for the quarter, beating analysts’ consensus estimates of $1.08 by $0.18. Boot Barn had a return on equity of 16.44% and a net margin of 8.89%. The business had revenue of $423.40 million during the quarter, compared to analyst estimates of $415.04 million. During the same period in the prior year, the firm posted $1.11 EPS. Boot Barn’s quarterly revenue was up 10.3% compared to the same quarter last year.

BOOT has been the subject of a number of other reports. Citigroup upped their price objective on shares of Boot Barn from $122.00 to $154.00 and gave the stock a “buy” rating in a research report on Friday, July 19th. Benchmark reaffirmed a “buy” rating and issued a $140.00 target price on shares of Boot Barn in a report on Wednesday. UBS Group increased their price target on Boot Barn from $125.00 to $127.00 and gave the company a “neutral” rating in a research report on Thursday, August 8th. TD Cowen boosted their price objective on Boot Barn from $120.00 to $145.00 and gave the stock a “buy” rating in a research report on Wednesday, June 5th. Finally, Robert W. Baird raised their target price on Boot Barn from $132.00 to $140.00 and gave the company a “neutral” rating in a research report on Thursday, August 8th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $141.10.

Boot Barn Price Performance

Shares of BOOT stock opened at $150.45 on Thursday. The firm has a 50-day moving average of $131.79 and a 200-day moving average of $115.74. Boot Barn has a one year low of $66.73 and a one year high of $162.16. The company has a market cap of $4.57 billion, a P/E ratio of 31.34 and a beta of 2.11.

Institutional Investors Weigh In On Boot Barn

Large investors have recently added to or reduced their stakes in the company. GAMMA Investing LLC boosted its position in Boot Barn by 111.1% during the second quarter. GAMMA Investing LLC now owns 266 shares of the company’s stock worth $34,000 after purchasing an additional 140 shares during the period. Canada Pension Plan Investment Board purchased a new stake in shares of Boot Barn during the 2nd quarter valued at approximately $64,000. 1620 Investment Advisors Inc. bought a new position in Boot Barn in the 2nd quarter worth approximately $84,000. First Horizon Advisors Inc. grew its stake in Boot Barn by 11.2% in the 2nd quarter. First Horizon Advisors Inc. now owns 931 shares of the company’s stock valued at $120,000 after buying an additional 94 shares in the last quarter. Finally, Principal Securities Inc. bought a new stake in Boot Barn during the 4th quarter valued at $102,000.

Boot Barn Company Profile

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.