Susquehanna analyst Sam Poser maintained a Hold rating on Boot Barn (BOOT – Research Report) today and set a price target of $39.00. The company’s shares closed last Monday at $44.79, close to its 52-week high of $48.11.
According to TipRanks.com, Poser is a 4-star analyst with an average return of 5.1% and a 57.4% success rate. Poser covers the Consumer Goods sector, focusing on stocks such as Canada Goose Holdings, Wolverine World Wide, and Lululemon Athletica.
Boot Barn has an analyst consensus of Moderate Buy, with a price target consensus of $46.14, representing a -0.3% downside. In a report released today, Pivotal Research also reiterated a Hold rating on the stock with a $46.00 price target.
Boot Barn’s market cap is currently $1.31B and has a P/E ratio of 29.41. The company has a Price to Book ratio of 4.59.
Based on the recent corporate insider activity of 37 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BOOT in relation to earlier this year. Most recently, in November 2019, Laurie Marie Grijalva, the Chief Merchandise Officer of BOOT sold 10,123 shares for a total of $430,025.
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Boot Barn Holdings, Inc. engages in the operation of retail stores of western and work-related footwear, apparel, and accessories. Its products include boots, jeans, accessories, hats, gifts and home products, and work wear. Its brands include Ariat, Wrangler, Lucchese Boots, Idyllwind, and Cinch.