Fintel reports that on January 10, 2025, UBS upgraded their outlook for Boot Barn Holdings (NYSE:BOOT) from Neutral to Buy.
Analyst Price Forecast Suggests 15.66% Upside
As of December 23, 2024, the average one-year price target for Boot Barn Holdings is $180.20/share. The forecasts range from a low of $156.55 to a high of $204.75. The average price target represents an increase of 15.66% from its latest reported closing price of $155.80 / share.
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The projected annual revenue for Boot Barn Holdings is 1,987MM, an increase of 13.02%. The projected annual non-GAAP EPS is 6.91.
What is the Fund Sentiment?
There are 789 funds or institutions reporting positions in Boot Barn Holdings. This is an increase of 37 owner(s) or 4.92% in the last quarter. Average portfolio weight of all funds dedicated to BOOT is 0.31%, an increase of 3.65%. Total shares owned by institutions increased in the last three months by 2.23% to 45,310K shares. 
The put/call ratio of BOOT is 0.80, indicating a bullish outlook.
What are Other Shareholders Doing?
SMCWX - SMALLCAP WORLD FUND INC holds 2,060K shares representing 6.75% ownership of the company. In its prior filing, the firm reported owning 1,994K shares , representing an increase of 3.24%. The firm increased its portfolio allocation in BOOT by 25.74% over the last quarter.
IJR - iShares Core S&P Small-Cap ETF holds 1,938K shares representing 6.35% ownership of the company. In its prior filing, the firm reported owning 1,966K shares , representing a decrease of 1.42%. The firm increased its portfolio allocation in BOOT by 14.81% over the last quarter.
Wellington Management Group Llp holds 1,455K shares representing 4.77% ownership of the company. In its prior filing, the firm reported owning 1,818K shares , representing a decrease of 24.96%. The firm decreased its portfolio allocation in BOOT by 85.72% over the last quarter.
Wasatch Advisors holds 1,369K shares representing 4.49% ownership of the company. In its prior filing, the firm reported owning 1,902K shares , representing a decrease of 38.94%. The firm decreased its portfolio allocation in BOOT by 14.43% over the last quarter.
Capital World Investors holds 1,329K shares representing 4.35% ownership of the company. In its prior filing, the firm reported owning 1,595K shares , representing a decrease of 19.99%. The firm increased its portfolio allocation in BOOT by 2.81% over the last quarter.
Boot Barn Holdings Background Information
(This description is provided by the company.)
Boot Barn is the nation’s leading lifestyle retailer of western and work-related footwear, apparel and accessories for men, women and children. The Company offers its loyal customer base a wide selection of work and lifestyle brands. As of the date of this release, Boot Barn operates 266 stores in 36 states, in addition to an e-commerce channel www.bootbarn.com. The Company also operates www.sheplers.com, the nation’s leading pure play online western and work retailer and www.countryoutfitter.com, an e-commerce site selling to customers who live a country lifestyle.
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