In other words, the price has increased by $0.00 from its previous closing price. On the day, 975680 shares were traded.
Ratios:
We take a closer look at BOOT’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 27.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.18. For the most recent quarter (mrq), Quick Ratio is recorded 0.49 and its Current Ratio is at 2.13. In the meantime, Its Debt-to-Equity ratio is 0.48 whereas as Long-Term Debt/Eq ratio is at 0.41.
On February 01, 2024, BTIG Research reiterated its Buy rating and also upped its target price recommendation from $102 to $100.
B. Riley Securities reiterated its Buy rating for the stock on February 01, 2024, while the target price for the stock was revised from $92 to $83.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 29 ’24 when Conroy James Grant sold 19,478 shares for $92.38 per share. The transaction valued at 1,799,378 led to the insider holds 46,273 shares of the business.
Love Michael A sold 9,031 shares of BOOT for $800,508 on Feb 21 ’24. The CHIEF RETAIL OFFICER now owns 2,965 shares after completing the transaction at $88.64 per share. On Feb 15 ’24, another insider, Grijalva Laurie Marie, who serves as the CHIEF MERCHANDISING OFFICER of the company, sold 5,861 shares for $90.31 each. As a result, the insider received 529,307 and left with 5,861 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BOOT now has a Market Capitalization of 2.98B and an Enterprise Value of 3.30B. As of this moment, Boot’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.28, and their Forward P/E ratio for the next fiscal year is 19.18. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.75 while its Price-to-Book (P/B) ratio in mrq is 3.27. Its current Enterprise Value per Revenue stands at 1.94 whereas that against EBITDA is 12.28.
Stock Price History:
Over the past 52 weeks, BOOT has reached a high of $104.91, while it has fallen to a 52-week low of $64.33. The 50-Day Moving Average of the stock is 86.39, while the 200-Day Moving Average is calculated to be 82.77.
Shares Statistics:
According to the various share statistics, BOOT traded on average about 826.99K shares per day over the past 3-months and 709.19k shares per day over the past 10 days. A total of 30.30M shares are outstanding, with a floating share count of 29.99M. Insiders hold about 1.02% of the company’s shares, while institutions hold 129.47% stake in the company. Shares short for BOOT as of Mar 15, 2024 were 3.97M with a Short Ratio of 4.80, compared to 3.88M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 13.09% and a Short% of Float of 15.67%.
Earnings Estimates
The company has 15 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.91 for the current quarter, with a high estimate of $1.19 and a low estimate of $0.84, while EPS last year was $1.53. The consensus estimate for the next quarter is $1.09, with high estimates of $1.28 and low estimates of $0.91.
Analysts are recommending an EPS of between $5 and $4.68 for the fiscal current year, implying an average EPS of $4.75. EPS for the following year is $5.12, with 14 analysts recommending between $5.6 and $4.75.
Revenue Estimates
According to 15 analysts, the current quarter’s revenue is expected to be $385.57M. It ranges from a high estimate of $407M to a low estimate of $379.47M. As of the current estimate, Boot Barn Holdings Inc’s year-ago sales were $425.66M, an estimated decrease of -9.40% from the year-ago figure. For the next quarter, 12 analysts are estimating revenue of $398.51M, an increase of 9.90% over than the figure of -$9.40% in the same quarter last year. There is a high estimate of $418.2M for the next quarter, whereas the lowest estimate is $380.82M.
A total of 15 analysts have provided revenue estimates for BOOT’s current fiscal year. The highest revenue estimate was $1.7B, while the lowest revenue estimate was $1.66B, resulting in an average revenue estimate of $1.67B. In the same quarter a year ago, actual revenue was $1.66B, up 0.40% from the average estimate. Based on 14 analysts’ estimates, the company’s revenue will be $1.82B in the next fiscal year. The high estimate is $1.9B and the low estimate is $1.76B. The average revenue growth estimate for next year is up 9.20% from the average revenue estimate for this year.
