In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Boot Barn Holdings Inc (NYSE: BOOT) closed the day trading at $153.27 up 0.82% from the previous closing price of $152.03. In other words, the price has increased by $0.82 from its previous closing price. On the day, 0.56 million shares were traded. BOOT stock price reached its highest trading level at $154.46 during the session, while it also had its lowest trading level at $149.98.
Ratios:
For a better understanding of BOOT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 125.16 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1003.99. For the most recent quarter (mrq), Quick Ratio is recorded 0.26 and its Current Ratio is at 2.25. In the meantime, Its Debt-to-Equity ratio is 0.51 whereas as Long-Term Debt/Eq ratio is at 0.44.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, UBS on January 10, 2025, Upgraded its rating to Buy and sets its target price to $210 from $155 previously.
Robert W. Baird Upgraded its Neutral to Outperform on October 30, 2024, while the target price for the stock was maintained at $167.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 02 ’25 when Hazen John sold 6,311 shares for $152.98 per share. The transaction valued at 965,481 led to the insider holds 3,937 shares of the business.
Hazen John bought 6,311 shares of BOOT for $965,484 on Jan 02 ’25. On Nov 08 ’24, another insider, Conroy James Grant, who serves as the PRESIDENT AND CEO of the company, sold 53,697 shares for $135.36 each. As a result, the insider received 7,268,261 and left with 69,943 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 4678612992 and an Enterprise Value of 5157836288. As of this moment, Boot’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.73, and their Forward P/E ratio for the next fiscal year is 22.60. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.93. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.66 while its Price-to-Book (P/B) ratio in mrq is 4.60. Its current Enterprise Value per Revenue stands at 2.934 whereas that against EBITDA is 19.678.
Stock Price History:
The Beta on a monthly basis for BOOT is 2.10, which has changed by 1.1147587 over the last 52 weeks, in comparison to a change of 0.22677135 over the same period for the S&P500. Over the past 52 weeks, BOOT has reached a high of $169.83, while it has fallen to a 52-week low of $69.35. The 50-Day Moving Average of the stock is 5.83%, while the 200-Day Moving Average is calculated to be 14.36%.
Shares Statistics:
Over the past 3-months, BOOT traded about 795.86K shares per day on average, while over the past 10 days, BOOT traded about 880840 shares per day. A total of 30.53M shares are outstanding, with a floating share count of 30.30M. Insiders hold about 0.74% of the company’s shares, while institutions hold 110.60% stake in the company. Shares short for BOOT as of 1735603200 were 1894613 with a Short Ratio of 2.38, compared to 1732838400 on 2141218. Therefore, it implies a Short% of Shares Outstanding of 1894613 and a Short% of Float of 7.359999999999999.
