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Boot Barn Holdings Inc (NYSE: BOOT) closed the day trading at $128.73 up 2.73% from the previous closing price of $125.31. In other words, the price has increased by $2.73 from its previous closing price. On the day, 1.2 million shares were traded. BOOT stock price reached its highest trading level at $130.26 during the session, while it also had its lowest trading level at $123.0.
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 51.59 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.36. 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:
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 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 3913275904 and an Enterprise Value of 4200217344. As of this moment, Boot’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.81, and their Forward P/E ratio for the next fiscal year is 21.86. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 9.93. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.35 while its Price-to-Book (P/B) ratio in mrq is 4.14. Its current Enterprise Value per Revenue stands at 2.52 whereas that against EBITDA is 16.814.
Stock Price History:
The Beta on a monthly basis for BOOT is 2.08, which has changed by 0.3605863 over the last 52 weeks, in comparison to a change of 0.23279357 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 7.28%, while the 200-Day Moving Average is calculated to be 40.36%.
Shares Statistics:
Over the past 3-months, BOOT traded about 786.28K shares per day on average, while over the past 10 days, BOOT traded about 663100 shares per day. 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 130.41% stake in the company. Shares short for BOOT as of 1719532800 were 3422976 with a Short Ratio of 4.35, compared to 1717113600 on 3211325. Therefore, it implies a Short% of Shares Outstanding of 3422976 and a Short% of Float of 13.469999999999999.
