Media headlines about Boot Barn Holdings (NYSE:BOOT) have trended somewhat positive recently, according to AlphaOne Sentiment. The research firm, a division of Accern, identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. AlphaOne ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Boot Barn Holdings earned a media sentiment score of 0.08 on AlphaOne’s scale. AlphaOne also gave news articles about the company an impact score of 0 out of 100, indicating that recent press coverage is extremely unlikely to have an impact on the stock’s share price in the near term.
BOOT has been the topic of several recent research reports. Jefferies Group LLC set a $12.00 target price on shares of Boot Barn Holdings and gave the company a “buy” rating in a report on Saturday, June 3rd. ValuEngine lowered shares of Boot Barn Holdings from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. B. Riley reaffirmed a “buy” rating and set a $9.00 target price on shares of Boot Barn Holdings in a report on Wednesday, May 31st. Zacks Investment Research raised shares of Boot Barn Holdings from a “sell” rating to a “hold” rating in a report on Tuesday, April 11th. Finally, J P Morgan Chase & Co reaffirmed a “neutral” rating and set a $7.00 target price (down previously from $11.00) on shares of Boot Barn Holdings in a report on Tuesday, June 6th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $11.25.
Shares of Boot Barn Holdings (NYSE BOOT) traded down 0.86% during midday trading on Friday, reaching $6.93. 264,960 shares of the company’s stock were exchanged. The stock’s 50 day moving average is $8.37 and its 200-day moving average is $10.73. The stock has a market cap of $184.07 million, a PE ratio of 13.08 and a beta of 1.21. Boot Barn Holdings has a 12-month low of $5.90 and a 12-month high of $17.26.
Boot Barn Holdings (NYSE:BOOT) last announced its earnings results on Thursday, June 1st. The company reported $0.12 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.18 by $0.06. Boot Barn Holdings had a net margin of 2.25% and a return on equity of 8.72%. The firm had revenue of $163 million during the quarter, compared to analysts’ expectations of $165.89 million. During the same period in the prior year, the company posted $0.09 EPS. The company’s revenue was up 9.0% compared to the same quarter last year. On average, equities analysts expect that Boot Barn Holdings will post $0.61 EPS for the current year.
In other news, Director Brenda I. Morris bought 7,000 shares of Boot Barn Holdings stock in a transaction dated Wednesday, June 7th. The shares were acquired at an average price of $6.33 per share, with a total value of $44,310.00. Following the completion of the purchase, the director now owns 13,818 shares in the company, valued at approximately $87,467.94. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Peter Starrett bought 50,000 shares of Boot Barn Holdings stock in a transaction dated Tuesday, June 6th. The stock was purchased at an average cost of $6.12 per share, for a total transaction of $306,000.00. Following the purchase, the director now owns 4,726 shares of the company’s stock, valued at approximately $28,923.12. The disclosure for this purchase can be found here. Corporate insiders own 3.40% of the company’s stock.
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Boot Barn Holdings Company Profile
Boot Barn Holdings, Inc 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.
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