Boot Barn Holdings Inc (NYSE:BOOT) price on Friday, July 12, fall -1.51% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $125.31.
A look at the stock’s price movement, the close in the last trading session was $127.23. The PE ratio in trailing twelve months stood at 26.09. Turning to its 52-week performance, $134.61 and $66.73 were the 52-week high and 52-week low respectively. Overall, BOOT moved -1.28% over the past month.
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Boot Barn Holdings Inc’s market cap currently stands at around $3.81 billion.
Analysts have a consensus estimate of 411.38M for the company’s revenue for the quarter, with a low and high estimate of 403.2M and 422.5M respectively. The average forecast suggests up to a 13.40% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 1.81B, representing a 8.40% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that BOOT is a 50% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
The technical evaluation for the stock shows the PEG ratio is 9.66, with BOOT’s current price about -2.68% and 4.76% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 49.34, while 7-day volatility ratio is 2.85% and 2.96% in the 30-day chart. Further, Boot Barn Holdings Inc (BOOT) has a beta value of 2.09, and an average true range (ATR) of 3.79.
If we refocus on Boot Barn Holdings Inc (NYSE:BOOT), historical trading data shows that trading volumes averaged 785.96K over the past 3 months. The company’s latest data on shares outstanding shows there are 30.34 million shares.
The 1.19% of Boot Barn Holdings Inc’s shares are in the hands of company insiders while institutional holders own 130.41% of the company’s shares. Current price change has pushed the stock 63.25% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the BOOT stock continues to rise going into the next quarter.
