William Blair Has Strong Estimate for Boot Barn Q4 Earnings

Boot Barn Holdings, Inc. (NYSE:BOOT) – Equities researchers at William Blair lifted their Q4 2025 earnings estimates for Boot Barn in a note issued to investors on Tuesday, October 29th. William Blair analyst D. Carden now anticipates that the company will earn $1.23 per share for the quarter, up from their previous estimate of $1.15. 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 Q1 2026 earnings at $1.48 EPS and Q4 2026 earnings at $1.45 EPS.

Boot Barn (NYSE:BOOT) last posted its quarterly earnings data on Monday, October 28th. The company reported $0.95 earnings per share for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $424.42 million. During the same period in the prior year, the company posted $0.91 EPS. The firm’s revenue for the quarter was up 13.7% on a year-over-year basis.

BOOT has been the topic of a number of other research reports. Piper Sandler reiterated an “overweight” rating and issued a $179.00 target price on shares of Boot Barn in a research note on Tuesday. JPMorgan Chase & Co. upped their price target on shares of Boot Barn from $160.00 to $181.00 and gave the stock an “overweight” rating in a report on Tuesday. Citigroup decreased their price objective on shares of Boot Barn from $194.00 to $178.00 and set a “buy” rating for the company in a report on Tuesday. BTIG Research upped their target price on shares of Boot Barn from $165.00 to $185.00 and gave the stock a “buy” rating in a research note on Tuesday. Finally, Benchmark reaffirmed a “buy” rating and set a $192.00 target price on shares of Boot Barn in a research report on Tuesday. One research analyst has rated the stock with a sell rating, three have given a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $164.55.

Boot Barn Stock Performance

Shares of NYSE BOOT opened at $127.12 on Wednesday. The business’s 50 day moving average price is $154.30 and its 200-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. The company has a market cap of $3.86 billion, a price-to-earnings ratio of 26.48 and a beta of 2.12.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its position in Boot Barn by 1.3% during the fourth quarter. Vanguard Group Inc. now owns 2,744,105 shares of the company’s stock valued at $210,638,000 after purchasing an additional 35,925 shares in the last quarter. Park Avenue Securities LLC bought a new stake in shares of Boot Barn in the 1st quarter valued at about $222,000. Azzad Asset Management Inc. ADV grew its position in shares of Boot Barn by 1.7% in the 1st quarter. Azzad Asset Management Inc. ADV now owns 9,342 shares of the company’s stock worth $889,000 after buying an additional 154 shares during the last quarter. Norden Group LLC bought a new position in shares of Boot Barn during the 1st quarter worth approximately $442,000. Finally, Oak Ridge Investments LLC lifted its position in Boot Barn by 11.0% during the first quarter. Oak Ridge Investments LLC now owns 17,794 shares of the company’s stock valued at $1,693,000 after acquiring an additional 1,767 shares during the last quarter.

Boot Barn Company Profile

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.