The trading price of Boot Barn Holdings Inc (NYSE:BOOT) floating lower at last check on current market day and closing at $128.42, -20.34% lower than its previous close.
Traders who pay close attention to intraday price movement should know that it has been fluctuating between $127.1 and $140.81. The company’s P/E ratio in the trailing 12-month period was 26.00. In examining the 52-week price action we see that the stock hit a 52-week high of $169.83 and a 52-week low of $66.73. Over the past month, the stock has lost -23.23% in value.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Boot Barn Holdings Inc, whose market valuation is $3.92 billion at the time of this writing, is expected to release its quarterly earnings report on 2025-Jan-29. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest BOOT has a 50% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Buy, while an average of long term indicators suggests that the stock is currently 50% Buy.
Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned BOOT a recommendation rating is 9. Out of them, 2 rate it a Hold, while 7 recommend Buy, whereas 0 assign an Overweight rating. 0 analyst(s) have tagged Boot Barn Holdings Inc (BOOT) as Underweight, while 0 advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.
If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 8.39, which symbolizes a positive outlook. A quick review shows that BOOT’s price is currently -20.33% off the SMA20 and -16.92% off the SMA50. The RSI metric on the 14-day chart is currently showing 23.54, and weekly volatility stands at 2.54%. When measured over the past 30 days, the indicator reaches 2.32%. Boot Barn Holdings Inc (NYSE:BOOT)’s beta value is currently sitting at 2.13, while the Average True Range indicator is currently displaying 6.53. With analysts defining $135-$185 as the low and high price targets, we arrive at a consensus price target of $167 for the trailing 12-month period. The current price is about -5.12% off the estimated low and -44.06% off the forecast high, based on this estimate. Investors will be thrilled if BOOT’s share price rises to $167, which is the median consensus price. At that level, BOOT’s share price would be -30.04% below current price.
To see how Boot Barn Holdings Inc stock has been performing today in comparison to its peers in the industry, here are the numbers: BOOT stock’s performance was -20.34% at last check in today’s session, and 84.88% in the past year. Boot Barn Holdings Inc has a P/E ratio of 26.00.
An evaluation of the daily trading volume of Boot Barn Holdings Inc (NYSE:BOOT) indicates that the 3-month average is 581.80K. However, this figure has increased over the past 10 days to an average of 0.55.
Currently, records show that 30.34 million of the company’s shares remain outstanding. The insiders hold 0.62% of outstanding shares, whereas institutions hold 116.62%. The stats also highlight that short interest as of 2024-10-15, stood at 2.44 million shares, resulting in a short ratio of 4.92 at that time. From this, we can conclude that short interest is 950.00 of the company’s total outstanding shares. It is noteworthy that short shares in October were down slightly from the previous month’s figure, which was 2.78 million. However, since the stock’s price has seen 67.30% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
