Boot Barn Holdings, Inc. (NYSE:BOOT) has a beta value of 3.02 and has seen 523,431 shares traded in the last trading session. The company, currently valued at $1.17 Billion, closed the last trade at $40.46 per share which meant it gained $1.29 on the day or 3.29% during that session. The BOOT stock price is -18.91% off its 52-week high price of $48.11 and 80.15% above the 52-week low of $8.03. If we look at the company’s 10-day average daily trading volume, we find that it stood at 590.62 Million shares traded. The 3-month trading volume is 663.86 Million shares.
The consensus among analysts is that Boot Barn Holdings, Inc. (BOOT) is an Overweight stock at the moment, with a recommendation rating of 2.4. None of the analysts rate the stock as a Sell, while none rate it as Overweight. 7 out of 12 have rated it as a Hold, with 5 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is $0.86.
Boot Barn Holdings, Inc. (NYSE:BOOT) trade information
Sporting 3.29% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Wednesday, Nov 18 when the BOOT stock price touched $41.86- or saw a rise of 3.34%. Year-to-date, Boot Barn Holdings, Inc. shares have moved -9.14%, while the 5-day performance has seen it change 3.98%. Over the past 30 days, the shares of Boot Barn Holdings, Inc. (NYSE:BOOT) have changed 25.81%. Short interest in the company has seen 3.94 Million shares shorted with days to cover at 0.01.
Wall Street analysts have a consensus price target for the stock at $37.36, which means that the shares’ value could jump -7.66% from current levels. The projected low price target is $30 while the price target rests at a high of $49. In that case, then, we find that the current price level is +21.11% off the targeted high while a plunge would see the stock lose -25.85% from current levels.
Boot Barn Holdings, Inc. (BOOT) estimates and forecasts
Figures show that Boot Barn Holdings, Inc. shares have outperformed across the wider relevant industry. The company’s shares have gained +85.09% over the past 6 months, with this year growth rate of -15.38%, compared to -19.9% for the industry. Other than that, the company has, however, increased its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are 1.2% and 26.1% for the next quarter. Revenue growth from the last financial year stood is estimated to be -0.4%.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +25% over the past 5 years. Earnings growth for 2020 is a modest +21.2% while over the next 5 years, the company’s earnings are expected to increase by 10.2%.
Boot Barn Holdings, Inc. (NYSE:BOOT)’s Major holders
Insiders own 0.39% of the company shares, while shares held by institutions stand at 131.77% with a share float percentage of 132.28%. Investors are also buoyed by the number of investors in a company, with Boot Barn Holdings, Inc. having a total of 265 institutions that hold shares in the company. The top two institutional holders are Blackrock Inc. with over 4.18 Million shares worth more than $117.66 Million. As of September 29, 2020, Blackrock Inc. held 14.48% of shares outstanding.
The other major institutional holder is Franklin Resources, Inc., with the holding of over 3.53 Million shares as of September 29, 2020. The firm’s total holdings are worth over $99.46 Million and represent 12.24% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are iShares Core S&P Smallcap ETF and Franklin Strategic Series-Franklin Small Cap Growth Fund. As of September 29, 2020, the former fund manager holds about 6.2% shares in the company for having 1791030 shares of worth $50.4 Million while later fund manager owns 1.44 Million shares of worth $27.95 Million as of July 30, 2020, which makes it owner of about 5% of company’s outstanding stock.