Boot Barn Holdings, Inc. (NYSE:BOOT) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $16.03 and last traded at $15.01, with a volume of 202300 shares trading hands. The stock had previously closed at $15.00.

BOOT has been the topic of a number of recent analyst reports. J P Morgan Chase & Co upgraded Boot Barn from a “neutral” rating to an “overweight” rating and set a $17.00 target price on the stock in a research report on Wednesday, November 15th. Jefferies Group reiterated a “buy” rating on shares of Boot Barn in a research report on Wednesday, October 11th. Citigroup lifted their target price on Boot Barn from $10.00 to $12.00 and gave the company a “buy” rating in a research report on Friday, November 3rd. BidaskClub upgraded Boot Barn from a “hold” rating to a “buy” rating in a research report on Saturday, November 11th. Finally, Robert W. Baird boosted their price target on Boot Barn from $11.00 to $13.00 and gave the stock an “outperform” rating in a report on Friday, November 3rd. Two investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Boot Barn currently has an average rating of “Buy” and a consensus price target of $12.84.

The stock has a market cap of $424.01, a price-to-earnings ratio of 25.88, a price-to-earnings-growth ratio of 1.58 and a beta of 1.79. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.32 and a quick ratio of 0.16.

Boot Barn (NYSE:BOOT) last released its quarterly earnings results on Thursday, November 2nd. The company reported $0.04 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.02 by $0.02. The company had revenue of $143.10 million for the quarter, compared to analysts’ expectations of $139.92 million. Boot Barn had a return on equity of 8.70% and a net margin of 2.32%. The business’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.02 earnings per share. analysts expect that Boot Barn Holdings, Inc. will post 0.61 earnings per share for the current fiscal year.

A number of hedge funds have recently made changes to their positions in the stock. Frontier Capital Management Co. LLC boosted its holdings in Boot Barn by 3.5% in the third quarter. Frontier Capital Management Co. LLC now owns 2,487,413 shares of the company’s stock valued at $22,138,000 after acquiring an additional 84,222 shares during the last quarter. Franklin Resources Inc. boosted its holdings in Boot Barn by 26.1% in the second quarter. Franklin Resources Inc. now owns 1,840,355 shares of the company’s stock valued at $13,030,000 after acquiring an additional 381,163 shares during the last quarter. Stephens Investment Management Group LLC boosted its holdings in Boot Barn by 15.7% in the third quarter. Stephens Investment Management Group LLC now owns 1,568,993 shares of the company’s stock valued at $13,964,000 after acquiring an additional 213,405 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Boot Barn by 38.0% in the third quarter. Dimensional Fund Advisors LP now owns 865,400 shares of the company’s stock valued at $7,702,000 after acquiring an additional 238,407 shares during the last quarter. Finally, Citadel Advisors LLC boosted its holdings in Boot Barn by 1.8% in the third quarter. Citadel Advisors LLC now owns 540,305 shares of the company’s stock valued at $4,808,000 after acquiring an additional 9,437 shares during the last quarter.

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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.

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