The stock of Boot Barn Holdings Inc (NYSE:BOOT) is a huge mover today! The stock increased 3.36% or $0.37 during the last trading session, hitting $11.38. About 166,964 shares traded hands. Boot Barn Holdings Inc (NYSE:BOOT) has risen 16.26% since February 26, 2016 and is uptrending. It has outperformed by 5.84% the S&P500.
The move comes after 7 months positive chart setup for the $301.01M company. It was reported on Oct, 1 by Barchart.com. We have $29.36 PT which if reached, will make NYSE:BOOT worth $475.60M more.
Analysts await Boot Barn Holdings Inc (NYSE:BOOT) to report earnings on November, 8. They expect $0.01 earnings per share, down 75.00% or $0.03 from last year’s $0.04 per share. BOOT’s profit will be $264,508 for 284.50 P/E if the $0.01 EPS becomes a reality. After $0.02 actual earnings per share reported by Boot Barn Holdings Inc for the previous quarter, Wall Street now forecasts -50.00% negative EPS growth.
Boot Barn Holdings Inc (NYSE:BOOT) Ratings Coverage
Out of 8 analysts covering Boot Barn Holdings (NYSE:BOOT), 3 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 38% are positive. Boot Barn Holdings has been the topic of 19 analyst reports since September 30, 2015 according to StockzIntelligence Inc. The company was maintained on Wednesday, July 20 by Citigroup. On Wednesday, November 11 the stock rating was downgraded by BB&T Capital to “Hold”. The stock of Boot Barn Holdings Inc (NYSE:BOOT) has “Neutral” rating given on Tuesday, January 12 by B. Riley & Co. The stock has “Overweight” rating given by Piper Jaffray on Wednesday, September 30. The stock of Boot Barn Holdings Inc (NYSE:BOOT) earned “Neutral” rating by Citigroup on Friday, May 20. On Thursday, November 19 the stock rating was downgraded by Wells Fargo to “Market Perform”. On Wednesday, February 3 the stock rating was upgraded by R. RIley to “Buy”. B. Riley & Co downgraded the stock to “Neutral” rating in Monday, October 26 report. The stock of Boot Barn Holdings Inc (NYSE:BOOT) has “Neutral” rating given on Friday, September 9 by B. Riley & Co. The company was initiated on Wednesday, October 7 by Citigroup.
According to Zacks Investment Research, “Boot Barn Holdings, Inc. operates as a lifestyle retail chain devoted to western and work-related footwear, apparel and accessories. The company’s products include boots, denim, western shirts, cowboy hats, belts and belt buckles, and western-style jewellery and accessories; and rugged footwear, outerwear, overalls, denims, and shirts, as well as safety-toe boots, and flame-resistant and high-visibility clothing. It sells its products through bootbarn.com, an e-commerce Website. Boot Barn Holdings, Inc. is headquartered in Irvine, California.”
Insitutional Activity: The institutional sentiment decreased to 1.02 in 2016 Q2. Its down 0.94, from 1.96 in 2016Q1. The ratio fall, as 21 funds sold all Boot Barn Holdings Inc shares owned while 20 reduced positions. 18 funds bought stakes while 24 increased positions. They now own 27.96 million shares or 0.03% less from 27.97 million shares in 2016Q1.
Tudor Inv Corporation Et Al reported 11,999 shares or 0% of all its holdings. Geode Capital Ltd has 95,323 shares for 0% of their US portfolio. Bnp Paribas Arbitrage Sa last reported 511 shares in the company. Invesco has 14,966 shares for 0% of their US portfolio. The Wyoming-based Cannell Capital Ltd Liability has invested 0.54% in Boot Barn Holdings Inc (NYSE:BOOT). Renaissance Tech Ltd Liability Corp has invested 0% of its portfolio in Boot Barn Holdings Inc (NYSE:BOOT). Springbok Cap Management Ltd Liability Co has 0.16% invested in the company for 129,412 shares. Blackrock Fund Advsrs has invested 0% of its portfolio in Boot Barn Holdings Inc (NYSE:BOOT). Rhumbline Advisers accumulated 13,302 shares or 0% of the stock. Schwab Charles Management accumulated 0% or 36,784 shares. California State Teachers Retirement Sys accumulated 0% or 27,943 shares. Primecap Mngmt Ca accumulated 1.77 million shares or 0.02% of the stock. Globeflex Lp last reported 133,528 shares in the company. Mackenzie Fincl Corporation holds 0% or 100,375 shares in its portfolio. Dimensional Fund Advisors Ltd Partnership has 24,164 shares for 0% of their US portfolio.
More important recent Boot Barn Holdings Inc (NYSE:BOOT) news were published by: Finance.Yahoo.com which released: “Boot Barn Holdings, Inc. to Report First Quarter Fiscal Year 2017 Results on …” on July 19, 2016, also Businesswire.com published article titled: “Boot Barn Holdings, Inc. Announces Definitive Agreement to Acquire Sheplers, Inc.”, Ocbj.com published: “Boot Barn Meets Street Targets” on August 01, 2016. More interesting news about Boot Barn Holdings Inc (NYSE:BOOT) was released by: Fool.com and their article: “Why Boot Barn Holdings Inc. Stock Plunged Today” with publication date: January 12, 2016.
BOOT Company Profile
Boot Barn Holdings, Inc., incorporated on November 17, 2011, is a lifestyle retailer of western and work-related footwear, apparel and accessories for men, women and children. The Company’s stores are located in or near neighborhood shopping centers with trade areas of approximately five or more miles, and it has opened stores in malls and outlet center locations. The Company’s stores average an area of approximately 11,490 square feet and feature an assortment of brands and styles. The Company’s boot selection, which consists of approximately one-third of each store’s selling square footage space, is merchandised on self-service fixtures with western boots arranged by size and work boots arranged by brand. It also carries assortments of denim, western shirts, cowboy hats, belts and belt buckles, western-style jewelry and accessories.
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