Market Highlights: Boot Barn Holdings Inc (BOOT) Ends on a High Note at 148.57

Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.

The price of Boot Barn Holdings Inc (NYSE: BOOT) closed at $148.57 in the last session, up 1.94% from day before closing price of $145.74. In other words, the price has increased by $1.94 from its previous closing price. On the day, 0.61 million shares were traded. BOOT stock price reached its highest trading level at $149.7175 during the session, while it also had its lowest trading level at $144.25.

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 121.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 973.21. 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.

On October 29, 2024, BTIG Research reiterated its Buy rating and also lowered its target price recommendation from $165 to $185.

Craig Hallum Downgraded its Buy to Hold on October 25, 2024, whereas the target price for the stock was revised from $154 to $162.

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 Nov 08 ’24 when Conroy James Grant sold 53,697 shares for $135.36 per share. The transaction valued at 7,268,261 led to the insider holds 69,943 shares of the business.

Conroy James Grant sold 52,379 shares of BOOT for $7,096,956 on Nov 11 ’24. The PRESIDENT AND CEO now owns 23,670 shares after completing the transaction at $135.49 per share. On Nov 11 ’24, another insider, Conroy James Grant, who serves as the Officer of the company, bought 52,379 shares for $135.49 each.

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 4535143936 and an Enterprise Value of 5014367744. As of this moment, Boot’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.78, and their Forward P/E ratio for the next fiscal year is 22.56. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 9.61. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.58 while its Price-to-Book (P/B) ratio in mrq is 4.46. Its current Enterprise Value per Revenue stands at 2.852 whereas that against EBITDA is 19.131.

Stock Price History:

Over the past 52 weeks, BOOT has reached a high of $169.83, while it has fallen to a 52-week low of $68.37. The 50-Day Moving Average of the stock is 0.20%, while the 200-Day Moving Average is calculated to be 18.33%.

Shares Statistics:

According to the various share statistics, BOOT traded on average about 736.36K shares per day over the past 3-months and 707270 shares per day over the past 10 days. 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 110.49% stake in the company. Shares short for BOOT as of 1731628800 were 1995266 with a Short Ratio of 2.71, compared to 1728950400 on 2442302. Therefore, it implies a Short% of Shares Outstanding of 1995266 and a Short% of Float of 7.75.

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