
BOOT Stock Forecast & Price Target
BOOT Analyst Ratings
Bulls say
Boot Barn Holdings Inc. has demonstrated robust comp growth, indicating a strong and healthy performance as the company captures increased market share. The positive sales trends have coincided with higher earnings and improved margins, contributing to an optimistic full-year guidance increase for comparable store sales. Additionally, the company’s initiatives to enhance brand awareness and its strategic focus on store growth and customer acquisition further bolster the outlook for sustained growth.
Bears say
Boot Barn Holdings Inc's outlook appears negative primarily due to a Q3 earnings guidance that fell below consensus expectations, indicating potential challenges in meeting elevated market expectations. Despite showcasing a slight improvement in sales and a marginal increase in gross margins, the company's earnings miss resulted from increased selling, general and administrative expenses, particularly related to incentive compensation. Additionally, the company's cautious FQ4 guidance reflects anticipated macroeconomic headwinds, which may impact future performance amid tougher comparisons in March.
This aggregate rating is based on analysts' research of Boot Barn Hlds and is not a guaranteed prediction by Public.com or investment advice.
BOOT Analyst Forecast & Price Prediction
Start investing in BOOT
Order type
Buy in
Order amount
Est. shares
0 shares