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The closing price of Boot Barn Holdings Inc (NYSE: BOOT) was $148.23 for the day, down -3.38% from the previous closing price of $153.42. In other words, the price has decreased by -$3.38 from its previous closing price. On the day, 0.7 million shares were traded. BOOT stock price reached its highest trading level at $153.89 during the session, while it also had its lowest trading level at $146.1.
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 54.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 49.88. For the most recent quarter (mrq), Quick Ratio is recorded 0.39 and its Current Ratio is at 2.33. In the meantime, Its Debt-to-Equity ratio is 0.50 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 Sep 10 ’24 when Watkins James M sold 9,356 shares for $153.69 per share. The transaction valued at 1,437,921 led to the insider holds 11,408 shares of the business.
Watkins James M bought 9,356 shares of BOOT for $1,436,925 on Sep 10 ’24. On Aug 30 ’24, another insider, MACDONALD ANNE, who serves as the Director of the company, sold 1,698 shares for $135.20 each. As a result, the insider received 229,570 and left with 0 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 4679873024 and an Enterprise Value of 4929312768. As of this moment, Boot’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.01, and their Forward P/E ratio for the next fiscal year is 23.22. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 11.11. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.65 while its Price-to-Book (P/B) ratio in mrq is 4.61. Its current Enterprise Value per Revenue stands at 2.888 whereas that against EBITDA is 19.147.
Stock Price History:
Over the past 52 weeks, BOOT has reached a high of $162.16, while it has fallen to a 52-week low of $66.73. The 50-Day Moving Average of the stock is 13.23%, while the 200-Day Moving Average is calculated to be 43.59%.
Shares Statistics:
BOOT traded an average of 693.22K shares per day over the past three months and 629700 shares per day over the past ten days. A total of 30.34M shares are outstanding, with a floating share count of 30.31M. Insiders hold about 0.64% of the company’s shares, while institutions hold 119.91% stake in the company. Shares short for BOOT as of 1723680000 were 3104396 with a Short Ratio of 4.48, compared to 1721001600 on 3525763. Therefore, it implies a Short% of Shares Outstanding of 3104396 and a Short% of Float of 12.0799996.
Earnings Estimates
The current assessment of Boot Barn Holdings Inc (BOOT) involves the perspectives of 14.0 analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is $2.03, with high estimates of $2.2 and low estimates of $1.93.
Analysts are recommending an EPS of between $5.52 and $5.1 for the fiscal current year, implying an average EPS of $5.28. EPS for the following year is $6.36, with 12.0 analysts recommending between $6.82 and $6.0.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 14 analysts. It ranges from a high estimate of $430.6M to a low estimate of $407.98M. As of the current estimate, Boot Barn Holdings Inc’s year-ago sales were $nanFor the next quarter, 14 analysts are estimating revenue of $582.44M. There is a high estimate of $603.59M for the next quarter, whereas the lowest estimate is $568.35M.
A total of 14 analysts have provided revenue estimates for BOOT’s current fiscal year. The highest revenue estimate was $1.89B, while the lowest revenue estimate was $1.83B, resulting in an average revenue estimate of $1.86B. In the same quarter a year ago, actual revenue was $1.67BBased on 13 analysts’ estimates, the company’s revenue will be $2.12B in the next fiscal year. The high estimate is $2.18B and the low estimate is $2.07B.
