FY2026 EPS Estimates for Boot Barn Lifted by Seaport Res Ptn

Boot Barn Holdings, Inc. (NYSE:BOOT) – Research analysts at Seaport Res Ptn lifted their FY2026 EPS estimates for Boot Barn in a research note issued on Wednesday, May 14th. Seaport Res Ptn analyst M. Kummetz now anticipates that the company will post earnings of $6.30 per share for the year, up from their previous forecast of $6.11. The consensus estimate for Boot Barn’s current full-year earnings is $5.82 per share. Seaport Res Ptn also issued estimates for Boot Barn’s Q4 2026 earnings at $1.19 EPS and FY2027 earnings at $7.28 EPS.

Boot Barn (NYSE:BOOT) last announced its quarterly earnings data on Wednesday, May 14th. The company reported $1.22 EPS for the quarter, missing the consensus estimate of $1.24 by ($0.02). Boot Barn had a net margin of 9.36% and a return on equity of 17.11%. The firm had revenue of $453.75 million for the quarter, compared to analyst estimates of $458.56 million. During the same quarter in the prior year, the firm earned $0.96 earnings per share. The firm’s revenue for the quarter was up 16.8% on a year-over-year basis.

BOOT has been the topic of a number of other research reports. Citigroup boosted their target price on shares of Boot Barn from $137.00 to $180.00 and gave the stock a “buy” rating in a research note on Friday, May 16th. KeyCorp reduced their price objective on shares of Boot Barn from $190.00 to $165.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 29th. Stephens started coverage on shares of Boot Barn in a research report on Wednesday, April 9th. They set an “overweight” rating and a $100.00 price target on the stock. Robert W. Baird upped their price target on shares of Boot Barn from $140.00 to $180.00 and gave the company an “outperform” rating in a research report on Thursday, May 15th. Finally, UBS Group upped their price target on shares of Boot Barn from $156.00 to $210.00 and gave the company a “buy” rating in a research report on Thursday, May 15th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $170.62.

Boot Barn Price Performance

Shares of BOOT opened at $162.76 on Monday. Boot Barn has a one year low of $86.17 and a one year high of $176.64. The company has a market cap of $4.98 billion, a P/E ratio of 29.06, a P/E/G ratio of 1.17 and a beta of 1.59. The firm has a 50 day simple moving average of $109.45 and a two-hundred day simple moving average of $130.55.

Boot Barn announced that its board has approved a stock buyback plan on Wednesday, May 14th that permits the company to repurchase $200.00 million in shares. This repurchase authorization permits the company to reacquire up to 4.8% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

Institutional Investors Weigh In On Boot Barn

A number of institutional investors and hedge funds have recently made changes to their positions in BOOT. FMR LLC raised its holdings in shares of Boot Barn by 47.3% in the 4th quarter. FMR LLC now owns 2,211,300 shares of the company’s stock worth $335,720,000 after acquiring an additional 709,903 shares during the last quarter. Wellington Management Group LLP raised its holdings in shares of Boot Barn by 48.6% in the 4th quarter. Wellington Management Group LLP now owns 2,161,052 shares of the company’s stock worth $328,091,000 after acquiring an additional 706,518 shares during the last quarter. Artemis Investment Management LLP raised its holdings in shares of Boot Barn by 206.5% in the 1st quarter. Artemis Investment Management LLP now owns 734,023 shares of the company’s stock worth $78,856,000 after acquiring an additional 494,523 shares during the last quarter. Nuveen LLC acquired a new stake in shares of Boot Barn in the 1st quarter worth about $38,387,000. Finally, Stephens Investment Management Group LLC acquired a new stake in shares of Boot Barn in the 4th quarter worth about $46,699,000.

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.