Boot Barn Holdings Inc (BOOT) CFO Gregory V. Hackman Sells 18,093 Shares
Boot Barn Holdings Inc (NYSE:BOOT) CFO Gregory V. Hackman sold 18,093 shares of the company’s stock in a transaction that occurred on Thursday, August 30th. The stock was sold at an average price of $29.47, for a total transaction of $533,200.71. Following the sale, the chief financial officer now directly owns 46,705 shares in the company, valued at approximately $1,376,396.35. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.
Shares of NYSE:BOOT opened at $29.94 on Wednesday. The firm has a market capitalization of $837.91 million, a PE ratio of 42.77, a P/E/G ratio of 1.21 and a beta of 1.82. Boot Barn Holdings Inc has a one year low of $7.37 and a one year high of $30.26. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.20 and a current ratio of 1.59.
Boot Barn (NYSE:BOOT) last issued its quarterly earnings results on Tuesday, August 7th. The company reported $0.15 EPS for the quarter, topping the Zacks’ consensus estimate of $0.12 by $0.03. The firm had revenue of $161.98 million for the quarter, compared to analyst estimates of $159.57 million. Boot Barn had a net margin of 4.98% and a return on equity of 11.04%. research analysts expect that Boot Barn Holdings Inc will post 1.08 EPS for the current fiscal year.
A number of brokerages have recently commented on BOOT. Zacks Investment Research raised shares of Boot Barn from a “sell” rating to a “hold” rating and set a $25.00 price target on the stock in a report on Friday, May 11th. Pivotal Research set a $20.00 price target on shares of Boot Barn and gave the stock a “hold” rating in a report on Monday, May 14th. Robert W. Baird increased their price target on shares of Boot Barn from $24.00 to $30.00 and gave the stock an “outperform” rating in a report on Wednesday, May 16th. They noted that the move was a valuation call. Jefferies Financial Group increased their price target on shares of Boot Barn to $30.00 and gave the stock a “buy” rating in a report on Wednesday, May 16th. Finally, Wells Fargo & Co set a $25.00 price target on shares of Boot Barn and gave the stock a “hold” rating in a report on Wednesday, May 16th. Two equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $24.00.
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.
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