Jefferies Group LLC restated their buy rating on shares of Boot Barn Holdings, Inc. (NYSE:BOOT) in a research note issued to investors on Wednesday.

BOOT has been the topic of a number of other research reports. Zacks Investment Research raised Boot Barn Holdings from a sell rating to a hold rating in a research report on Thursday, August 3rd. Piper Jaffray Companies reaffirmed a buy rating on shares of Boot Barn Holdings in a research report on Thursday, August 3rd. Finally, Robert W. Baird raised Boot Barn Holdings from a neutral rating to an outperform rating and increased their price target for the company from $10.00 to $11.00 in a research report on Friday, August 4th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company’s stock. The stock has a consensus rating of Buy and a consensus target price of $10.34.

Boot Barn Holdings (BOOT) opened at 7.43 on Wednesday. The firm has a 50-day moving average of $8.43 and a 200-day moving average of $8.32. The company has a market capitalization of $197.58 million, a P/E ratio of 13.78 and a beta of 1.29. Boot Barn Holdings has a one year low of $5.90 and a one year high of $17.26.

Boot Barn Holdings (NYSE:BOOT) last posted its quarterly earnings results on Tuesday, August 1st. The company reported $0.03 earnings per share (EPS) for the quarter. The company had revenue of $139.40 million for the quarter, compared to analyst estimates of $139.00 million. Boot Barn Holdings had a return on equity of 8.58% and a net margin of 2.26%. Boot Barn Holdings’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.02 EPS. On average, analysts anticipate that Boot Barn Holdings will post $0.61 earnings per share for the current year.

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Several hedge funds and other institutional investors have recently modified their holdings of the company. Schwab Charles Investment Management Inc. raised its position in shares of Boot Barn Holdings by 0.5% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 42,544 shares of the company’s stock worth $302,000 after acquiring an additional 228 shares in the last quarter. Teachers Advisors LLC raised its position in shares of Boot Barn Holdings by 7.1% during the 2nd quarter. Teachers Advisors LLC now owns 28,080 shares of the company’s stock worth $199,000 after acquiring an additional 1,858 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Boot Barn Holdings by 3.3% during the 1st quarter. Geode Capital Management LLC now owns 101,834 shares of the company’s stock worth $1,007,000 after acquiring an additional 3,224 shares in the last quarter. State Street Corp raised its position in shares of Boot Barn Holdings by 4.5% during the 2nd quarter. State Street Corp now owns 203,372 shares of the company’s stock worth $1,440,000 after acquiring an additional 8,835 shares in the last quarter. Finally, Eagle Global Advisors LLC raised its position in shares of Boot Barn Holdings by 97.3% during the 2nd quarter. Eagle Global Advisors LLC now owns 22,630 shares of the company’s stock worth $160,000 after acquiring an additional 11,160 shares in the last quarter.

About Boot Barn Holdings

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.

Analyst Recommendations for Boot Barn Holdings (NYSE:BOOT)

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