William Blair Estimates Boot Barn’s Q3 Earnings (NYSE:BOOT)

Boot Barn Holdings, Inc. (NYSE:BOOT) – Equities researchers at William Blair dropped their Q3 2025 earnings per share (EPS) estimates for shares of Boot Barn in a research report issued to clients and investors on Tuesday, October 29th. William Blair analyst D. Carden now expects that the company will earn $2.02 per share for the quarter, down from their prior forecast of $2.14. The consensus estimate for Boot Barn’s current full-year earnings is $5.29 per share. William Blair also issued estimates for Boot Barn’s FY2025 earnings at $5.41 EPS, Q2 2026 earnings at $1.14 EPS, Q3 2026 earnings at $2.42 EPS and FY2026 earnings at $6.49 EPS.

Several other equities research analysts have also recently weighed in on BOOT. Williams Trading reaffirmed a “buy” rating and issued a $173.00 price target on shares of Boot Barn in a research note on Tuesday. Benchmark reaffirmed a “buy” rating and issued a $192.00 target price on shares of Boot Barn in a research report on Tuesday. UBS Group lifted their price target on shares of Boot Barn from $127.00 to $165.00 and gave the company a “neutral” rating in a research report on Wednesday, October 16th. Robert W. Baird upgraded shares of Boot Barn from a “neutral” rating to an “outperform” rating and set a $167.00 price objective on the stock in a report on Wednesday. Finally, BTIG Research raised their target price on shares of Boot Barn from $165.00 to $185.00 and gave the company a “buy” rating in a research note on Tuesday. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $164.55.

Boot Barn Stock Performance

BOOT stock opened at $127.12 on Thursday. The company has a market capitalization of $3.86 billion, a price-to-earnings ratio of 26.48 and a beta of 2.12. The business’s 50 day moving average price is $154.30 and its two-hundred day moving average price is $132.35. Boot Barn has a fifty-two week low of $66.73 and a fifty-two week high of $169.83.

Boot Barn (NYSE:BOOT) last announced its quarterly earnings results on Monday, October 28th. The company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.02. Boot Barn had a net margin of 8.89% and a return on equity of 16.44%. The company had revenue of $425.80 million for the quarter, compared to analysts’ expectations of $424.42 million. During the same quarter in the previous year, the company earned $0.91 earnings per share. Boot Barn’s quarterly revenue was up 13.7% on a year-over-year basis.

Institutional Trading of Boot Barn

Several institutional investors have recently added to or reduced their stakes in the business. Capital Research Global Investors bought a new position in shares of Boot Barn during the first quarter valued at $32,779,000. Janus Henderson Group PLC lifted its stake in Boot Barn by 1,212.4% during the 1st quarter. Janus Henderson Group PLC now owns 285,174 shares of the company’s stock valued at $27,134,000 after acquiring an additional 263,444 shares during the period. Marshall Wace LLP purchased a new stake in Boot Barn in the second quarter worth approximately $19,532,000. Westwood Holdings Group Inc. boosted its stake in shares of Boot Barn by 29.4% in the 1st quarter. Westwood Holdings Group Inc. now owns 545,644 shares of the company’s stock worth $51,918,000 after buying an additional 124,060 shares during the last quarter. Finally, F M Investments LLC purchased a new position in Boot Barn in the second quarter worth about $14,888,000.

About Boot Barn

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.