Wall Street brokerages expect Boot Barn Holdings, Inc. (NYSE:BOOT) to announce earnings per share of $0.43 for the current quarter, Zacks Investment Research reports. Four analysts have made estimates for Boot Barn’s earnings, with the highest EPS estimate coming in at $0.45 and the lowest estimate coming in at $0.42. Boot Barn posted earnings per share of $0.39 in the same quarter last year, which indicates a positive year-over-year growth rate of 10.3%. The business is scheduled to issue its next quarterly earnings report on Tuesday, January 30th.

According to Zacks, analysts expect that Boot Barn will report full-year earnings of $0.61 per share for the current fiscal year, with EPS estimates ranging from $0.57 to $0.65. For the next financial year, analysts expect that the business will post earnings of $0.75 per share, with EPS estimates ranging from $0.70 to $0.79. Zacks’ earnings per share calculations are an average based on a survey of sell-side analysts that cover Boot Barn.

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Boot Barn (NYSE:BOOT) last posted its earnings results on Thursday, November 2nd. The company reported $0.04 EPS for the quarter, topping the Zacks’ consensus estimate of $0.02 by $0.02. Boot Barn had a return on equity of 8.70% and a net margin of 2.32%. The business had revenue of $143.10 million for the quarter, compared to analysts’ expectations of $139.92 million. During the same quarter in the previous year, the firm earned $0.02 earnings per share. The business’s revenue was up 6.8% compared to the same quarter last year.

A number of research firms recently issued reports on BOOT. Robert W. Baird raised their price target on Boot Barn from $11.00 to $13.00 and gave the stock an “outperform” rating in a report on Friday, November 3rd. Jefferies Group reissued a “buy” rating and set a $20.00 price target on shares of Boot Barn in a report on Monday, December 18th. Zacks Investment Research raised Boot Barn from a “hold” rating to a “buy” rating and set a $9.75 price target on the stock in a report on Tuesday, October 3rd. JPMorgan Chase & Co. raised Boot Barn from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $9.00 to $17.00 in a report on Sunday, November 26th. Finally, TheStreet raised Boot Barn from a “d” rating to a “c” rating in a report on Monday, October 30th. Two research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Boot Barn has an average rating of “Buy” and a consensus target price of $12.84.

Institutional investors and hedge funds have recently made changes to their positions in the business. Stephens Investment Management Group LLC boosted its holdings in Boot Barn by 10.3% in the 2nd quarter. Stephens Investment Management Group LLC now owns 1,355,588 shares of the company’s stock valued at $9,598,000 after purchasing an additional 127,021 shares in the last quarter. Northern Trust Corp boosted its holdings in Boot Barn by 7.9% in the 2nd quarter. Northern Trust Corp now owns 345,576 shares of the company’s stock valued at $2,447,000 after purchasing an additional 25,191 shares in the last quarter. GMT Capital Corp purchased a new stake in Boot Barn in the 3rd quarter valued at approximately $3,492,000. Citadel Advisors LLC boosted its holdings in Boot Barn by 1.8% in the 3rd quarter. Citadel Advisors LLC now owns 540,305 shares of the company’s stock valued at $4,808,000 after purchasing an additional 9,437 shares in the last quarter. Finally, GSA Capital Partners LLP purchased a new stake in Boot Barn in the 3rd quarter valued at approximately $1,261,000.

Boot Barn (NYSE:BOOT) traded down $0.12 during midday trading on Friday, hitting $16.94. The company had a trading volume of 687,496 shares, compared to its average volume of 264,140. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.16 and a current ratio of 1.32. Boot Barn has a 52-week low of $5.90 and a 52-week high of $17.68. The stock has a market capitalization of $451.74, a price-to-earnings ratio of 30.25, a P/E/G ratio of 1.77 and a beta of 1.79.

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Boot Barn Company Profile

Boot Barn Holdings, Inc is a lifestyle retailer of western and work-related footwear, apparel and accessories for men, women and children. The Company’s stores are located in or near neighborhood shopping centers with trade areas of approximately five or more miles, and it has opened stores in malls and outlet center locations.

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