Earnings results for Boot Barn (NYSE:BOOT)
Boot Barn Holdings, Inc. is expected* to report earnings on 01/25/2021 after market close. The report will be for the fiscal Quarter ending Dec 2020. According to Zacks Investment Research, based on 5 analysts’ forecasts, the consensus EPS forecast for the quarter is $1. The reported EPS for the same quarter last year was $0.81.
Boot Barn last issued its earnings data on October 28th, 2020. The reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.14 by $0.06. The company had revenue of $184.52 million for the quarter, compared to the consensus estimate of $179.22 million. Boot Barn has generated $1.56 earnings per share over the last year and currently has a price-to-earnings ratio of 47.4. Boot Barn has confirmed that its next quarterly earnings report will be published on Monday, January 25th, 2021.
Analyst Opinion on Boot Barn (NYSE:BOOT)
12 Wall Street analysts have issued ratings and price targets for Boot Barn in the last 12 months. Their average twelve-month price target is $42.42, predicting that the stock has a possible downside of 27.31%. The high price target for BOOT is $65.00 and the low price target for BOOT is $21.00. There are currently 6 hold ratings and 6 buy ratings for the stock, resulting in a consensus rating of “Buy.”
Boot Barn has received a consensus rating of Buy. The company’s average rating score is 2.50, and is based on 6 buy ratings, 6 hold ratings, and no sell ratings. According to analysts’ consensus price target of $42.42, Boot Barn has a forecasted downside of 27.3% from its current price of $58.35. Boot Barn has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.
Dividend Strength: Boot Barn (NYSE:BOOT)
Boot Barn does not currently pay a dividend. Boot Barn does not have a long track record of dividend growth.
Insiders buying/selling: Boot Barn (NYSE:BOOT)
In the past three months, Boot Barn insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,780,615.00 in company stock. Only 1.80% of the stock of Boot Barn is held by insiders.
Earnings and Valuation of Boot Barn (NYSE:BOOT
Earnings for Boot Barn are expected to grow by 29.33% in the coming year, from $1.50 to $1.94 per share. The P/E ratio of Boot Barn is 47.44, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 24.03. The P/E ratio of Boot Barn is 47.44, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 33.75. Boot Barn has a PEG Ratio of 1.90. PEG Ratios above 1 indicate that a company could be overvalued. Boot Barn has a P/B Ratio of 5.22. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.
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