Boot Barn (BOOT) Earns News Impact Score of 0.25
Media headlines about Boot Barn (NYSE:BOOT) have been trending somewhat positive this week, according to Accern. The research group identifies positive and negative news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Boot Barn earned a media sentiment score of 0.25 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 44.7116196888528 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
A number of research analysts recently issued reports on BOOT shares. Zacks Investment Research upgraded shares of Boot Barn from a “hold” rating to a “buy” rating and set a $21.00 price objective for the company in a report on Thursday, February 8th. Robert W. Baird restated a “buy” rating and set a $24.00 price objective on shares of Boot Barn in a report on Thursday, February 1st. JPMorgan Chase & Co. upgraded shares of Boot Barn from a “neutral” rating to an “overweight” rating and boosted their price objective for the company from $9.00 to $17.00 in a report on Sunday, November 26th. Jefferies Group reaffirmed a “buy” rating and issued a $20.00 price target on shares of Boot Barn in a research note on Monday, December 18th. Finally, Citigroup lifted their price target on shares of Boot Barn from $10.00 to $12.00 and gave the company a “buy” rating in a research note on Friday, November 3rd. Two equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $17.75.
Shares of Boot Barn (NYSE BOOT) traded down $0.04 during mid-day trading on Friday, hitting $18.03. 608,234 shares of the stock were exchanged, compared to its average volume of 1,010,000. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.22 and a current ratio of 1.46. The company has a market capitalization of $489.04, a price-to-earnings ratio of 15.82, a PEG ratio of 1.25 and a beta of 1.63. Boot Barn has a twelve month low of $5.90 and a twelve month high of $20.31.
In other Boot Barn news, Director Greg Bettinelli sold 51,192 shares of the company’s stock in a transaction on Wednesday, January 17th. The shares were sold at an average price of $17.25, for a total transaction of $883,062.00. Following the sale, the director now directly owns 58,875 shares of the company’s stock, valued at $1,015,593.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Fs Capital Partners Vi, Llc sold 6,413,616 shares of the company’s stock in a transaction on Wednesday, January 17th. The stock was sold at an average price of $17.25, for a total transaction of $110,634,876.00. The disclosure for this sale can be found here. In the last three months, insiders sold 6,643,581 shares of company stock worth $114,601,772. 4.60% of the stock is currently owned by insiders.
About Boot Barn
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.
Receive News & Ratings for Boot Barn Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boot Barn and related companies with MarketBeat.com's FREE daily email newsletter.