What is KeyCorp’s Estimate for Boot Barn Q3 Earnings?

Boot Barn Holdings, Inc. (NYSE:BOOT) – Investment analysts at KeyCorp lifted their Q3 2025 earnings estimates for Boot Barn in a report released on Wednesday, January 22nd. KeyCorp analyst A. Owens now expects that the company will post earnings per share of $2.43 for the quarter, up from their previous forecast of $1.99. KeyCorp currently has a “Overweight” rating and a $190.00 price objective on the stock. The consensus estimate for Boot Barn’s current full-year earnings is $5.80 per share. KeyCorp also issued estimates for Boot Barn’s FY2025 earnings at $5.80 EPS and FY2026 earnings at $6.83 EPS.

A number of other research analysts also recently commented on BOOT. Citigroup lowered their price objective on shares of Boot Barn from $194.00 to $178.00 and set a “buy” rating on the stock in a research report on Tuesday, October 29th. Piper Sandler reaffirmed an “overweight” rating and issued a $179.00 price target on shares of Boot Barn in a research note on Tuesday, October 29th. Baird R W upgraded Boot Barn from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 30th. UBS Group upgraded shares of Boot Barn from a “neutral” rating to a “buy” rating and raised their price target for the company from $155.00 to $210.00 in a report on Friday, January 10th. Finally, Williams Trading reiterated a “buy” rating and issued a $173.00 price objective on shares of Boot Barn in a report on Tuesday, October 29th. One research analyst has rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $173.00.

Boot Barn Trading Up 0.4 %

NYSE:BOOT opened at $169.13 on Monday. Boot Barn has a 1-year low of $71.54 and a 1-year high of $170.77. The firm has a market capitalization of $5.16 billion, a price-to-earnings ratio of 33.96, a PEG ratio of 1.48 and a beta of 2.10. The business’s fifty day moving average price is $149.86 and its 200 day moving average price is $145.27.

Boot Barn (NYSE:BOOT) last posted its quarterly earnings data on Monday, October 28th. The company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.02. The firm had revenue of $425.80 million for the quarter, compared to analysts’ expectations of $424.42 million. Boot Barn had a net margin of 8.73% and a return on equity of 15.89%. The company’s quarterly revenue was up 13.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.91 EPS.

Hedge Funds Weigh In On Boot Barn

A number of hedge funds and other institutional investors have recently bought and sold shares of BOOT. GHP Investment Advisors Inc. acquired a new stake in Boot Barn in the third quarter worth $25,000. Blue Trust Inc. grew its stake in Boot Barn by 1,430.0% in the fourth quarter. Blue Trust Inc. now owns 153 shares of the company’s stock valued at $26,000 after acquiring an additional 143 shares during the period. Canada Pension Plan Investment Board bought a new position in shares of Boot Barn during the 2nd quarter valued at about $64,000. GAMMA Investing LLC grew its position in shares of Boot Barn by 100.8% in the 3rd quarter. GAMMA Investing LLC now owns 534 shares of the company’s stock valued at $89,000 after purchasing an additional 268 shares during the period. Finally, USA Financial Formulas acquired a new position in shares of Boot Barn in the third quarter valued at approximately $92,000.

Insider Activity

In other news, CEO John Hazen sold 6,311 shares of Boot Barn stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $152.98, for a total value of $965,456.78. Following the completion of the sale, the chief executive officer now directly owns 3,937 shares of the company’s stock, valued at approximately $602,282.26. This trade represents a 61.58 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.00% of the stock is currently owned by corporate insiders.

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.