KeyCorp Has Optimistic Outlook of Boot Barn Q4 Earnings

Boot Barn Holdings, Inc. (NYSE:BOOT) – KeyCorp lifted their Q4 2025 EPS estimates for shares of Boot Barn in a research note issued on Wednesday, January 22nd. KeyCorp analyst A. Owens now forecasts that the company will post earnings of $1.22 per share for the quarter, up from their prior estimate of $1.17. KeyCorp has a “Overweight” rating and a $190.00 price objective on the stock. The consensus estimate for Boot Barn’s current full-year earnings is $5.80 per share.

BOOT has been the topic of several other reports. Bank of America lifted their target price on Boot Barn from $187.00 to $192.00 and gave the company a “buy” rating in a research report on Wednesday, January 15th. Piper Sandler reaffirmed an “overweight” rating and set a $179.00 price target on shares of Boot Barn in a report on Tuesday, October 29th. Robert W. Baird upgraded shares of Boot Barn from a “neutral” rating to an “outperform” rating and set a $167.00 price objective on the stock in a research report on Wednesday, October 30th. Baird R W upgraded shares of Boot Barn from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 30th. Finally, Williams Trading reiterated a “buy” rating and issued a $173.00 price target on shares of Boot Barn in a research note on Tuesday, October 29th. One research analyst has rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Buy” and an average price target of $173.00.

Boot Barn Trading Up 2.9 %

BOOT opened at $168.24 on Friday. Boot Barn has a 12-month low of $71.54 and a 12-month high of $169.83. The company has a market cap of $5.13 billion, a price-to-earnings ratio of 33.78, a PEG ratio of 1.47 and a beta of 2.10. The company’s 50 day moving average is $149.18 and its 200 day moving average is $144.71.

Boot Barn (NYSE:BOOT) last posted its earnings results on Monday, October 28th. The company reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.93 by $0.02. The company had revenue of $425.80 million for the quarter, compared to the consensus estimate of $424.42 million. Boot Barn had a return on equity of 15.89% and a net margin of 8.73%. Boot Barn’s revenue was up 13.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.91 earnings per share.

Insiders Place Their Bets

In other news, CEO John Hazen sold 6,311 shares of Boot Barn stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $152.98, for a total value of $965,456.78. Following the completion of the transaction, the chief executive officer now owns 3,937 shares in the company, valued at approximately $602,282.26. The trade was a 61.58 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.00% of the company’s stock.

Institutional Investors Weigh In On Boot Barn

Several hedge funds and other institutional investors have recently made changes to their positions in BOOT. State Street Corp lifted its stake in Boot Barn by 4.4% in the third quarter. State Street Corp now owns 1,208,345 shares of the company’s stock worth $202,132,000 after purchasing an additional 51,356 shares during the last quarter. Geode Capital Management LLC raised its holdings in Boot Barn by 1.0% in the third quarter. Geode Capital Management LLC now owns 676,277 shares of the company’s stock worth $113,150,000 after purchasing an additional 6,369 shares in the last quarter. Thrivent Financial for Lutherans lifted its position in Boot Barn by 0.4% during the third quarter. Thrivent Financial for Lutherans now owns 495,546 shares of the company’s stock valued at $82,895,000 after acquiring an additional 1,834 shares during the last quarter. Franklin Resources Inc. boosted its position in shares of Boot Barn by 1.0% in the 3rd quarter. Franklin Resources Inc. now owns 420,688 shares of the company’s stock worth $68,004,000 after purchasing an additional 4,226 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Boot Barn by 1.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 352,698 shares of the company’s stock worth $58,999,000 after acquiring an additional 6,335 shares during the last quarter.

Boot Barn Company Profile

Boot Barn Holdings, Inc, a lifestyle retail chain, operates specialty retail stores in the United States. The company's specialty retail stores offer western and work-related footwear, apparel, and accessories for men, women, and kids. It offers boots, shirts, jackets, hats, belts and belt buckles, handbags, western-style jewelry, rugged footwear, outerwear, overalls, denim, and flame-resistant and high-visibility clothing.