Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
In the latest session, Boot Barn Holdings Inc (NYSE: BOOT) closed at $127.23 up 1.65% from its previous closing price of $125.17. In other words, the price has increased by $1.65 from its previous closing price. On the day, 0.88 million shares were traded. BOOT stock price reached its highest trading level at $128.13 during the session, while it also had its lowest trading level at $124.59.
Ratios:
For a deeper understanding of Boot Barn Holdings Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 50.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 32.97. For the most recent quarter (mrq), Quick Ratio is recorded 0.41 and its Current Ratio is at 2.33. In the meantime, Its Debt-to-Equity ratio is 0.49 whereas as Long-Term Debt/Eq ratio is at 0.43.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 23 ’24 when MACDONALD ANNE sold 1,956 shares for $111.81 per share. The transaction valued at 218,700 led to the insider holds 1,698 shares of the business.
Morris Brenda I sold 1,500 shares of BOOT for $165,165 on May 23 ’24. The Director now owns 4,546 shares after completing the transaction at $110.11 per share. On May 23 ’24, another insider, Love Michael A, who serves as the CHIEF RETAIL OFFICER of the company, sold 1,079 shares for $110.21 each. As a result, the insider received 118,917 and left with 2,112 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 3867677696 and an Enterprise Value of 4258583552. As of this moment, Boot’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.49, and their Forward P/E ratio for the next fiscal year is 21.60. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 9.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.32 while its Price-to-Book (P/B) ratio in mrq is 4.09. Its current Enterprise Value per Revenue stands at 2.555 whereas that against EBITDA is 17.048.
Stock Price History:
The Beta on a monthly basis for BOOT is 2.08, which has changed by 0.4130386 over the last 52 weeks, in comparison to a change of 0.23951602 over the same period for the S&P500. Over the past 52 weeks, BOOT has reached a high of $134.61, while it has fallen to a 52-week low of $66.73. The 50-Day Moving Average of the stock is 6.67%, while the 200-Day Moving Average is calculated to be 39.42%.
Shares Statistics:
For the past three months, BOOT has traded an average of 783.90K shares per day and 674620 over the past ten days. A total of 30.34M shares are outstanding, with a floating share count of 30.04M. Insiders hold about 1.19% of the company’s shares, while institutions hold 130.40% stake in the company. Shares short for BOOT as of 1718323200 were 3016591 with a Short Ratio of 4.37, compared to 1715731200 on 3671895. Therefore, it implies a Short% of Shares Outstanding of 3016591 and a Short% of Float of 11.87.
