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The closing price of Boot Barn Holdings Inc (NYSE: BOOT) was $133.48 for the day, up 2.67% from the previous closing price of $130.01. In other words, the price has increased by $2.67 from its previous closing price. On the day, 0.62 million shares were traded. BOOT stock price reached its highest trading level at $137.42 during the session, while it also had its lowest trading level at $128.88.
Ratios:
Our analysis of BOOT’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 53.67 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 34.71. 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.
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 July 24, 2024, Downgraded its rating to Neutral and sets its target price to $125 from $140 previously.
On July 19, 2024, Citigroup reiterated its Buy rating and also lowered its target price recommendation from $122 to $154.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 4080216576 and an Enterprise Value of 4343093248. As of this moment, Boot’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.80, and their Forward P/E ratio for the next fiscal year is 22.16. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 10.29. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.44 while its Price-to-Book (P/B) ratio in mrq is 4.29. Its current Enterprise Value per Revenue stands at 2.605 whereas that against EBITDA is 17.386.
Stock Price History:
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 7.14%, while the 200-Day Moving Average is calculated to be 41.42%.
Shares Statistics:
BOOT traded an average of 802.08K shares per day over the past three months and 680690 shares per day over the past ten days. A total of 30.34M shares are outstanding, with a floating share count of 30.32M. Insiders hold about 0.61% of the company’s shares, while institutions hold 134.09% stake in the company. Shares short for BOOT as of 1721001600 were 3525763 with a Short Ratio of 4.40, compared to 1718323200 on 3016591. Therefore, it implies a Short% of Shares Outstanding of 3525763 and a Short% of Float of 13.719999999999999.
