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The closing price of Boot Barn Holdings Inc (NYSE: BOOT) was $98.61 for the day, down -2.41% from the previous closing price of $101.05. In other words, the price has decreased by -$2.41 from its previous closing price. On the day, 0.73 million shares were traded. BOOT stock price reached its highest trading level at $101.68 during the session, while it also had its lowest trading level at $97.56.
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 27.88 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.28. 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:
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 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 2987981568 and an Enterprise Value of 3315399936. As of this moment, Boot’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.35, and their Forward P/E ratio for the next fiscal year is 19.25. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.80. 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 3.28. Its current Enterprise Value per Revenue stands at 1.945 whereas that against EBITDA is 12.35.
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 8.05%, while the 200-Day Moving Average is calculated to be 17.81%.
Shares Statistics:
BOOT traded an average of 786.36K shares per day over the past three months and 779770 shares per day over the past ten 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 129.62% stake in the company. Shares short for BOOT as of 1711584000 were 4363924 with a Short Ratio of 5.55, compared to 1709164800 on 3452863. Therefore, it implies a Short% of Shares Outstanding of 4363924 and a Short% of Float of 17.24.
Earnings Estimates
Boot Barn Holdings Inc (BOOT) is currently under the scrutiny of Walgreens Boots Alliance, Inc. analysts, each contributing to the ongoing evaluation of its stock.The consensus estimate for the next quarter is $51.43, with high estimates of $98.61 and low estimates of $1.14.
Analysts are recommending an EPS of between $Consumer Cyclical and $Healthcare for the fiscal current year, implying an average EPS of $Financial Services.
