Boot Barn Holdings Inc (BOOT) with a beta value of 2.20 appears to be a promising investment opportunity.

Boot Barn Holdings Inc (NYSE: BOOT) on Tuesday, soared 0.86% from the previous trading day ,before settling in for the closing price of $101.00. Within the past 52 weeks, BOOT’s price has moved between $64.33 and $104.91.

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Consumer Cyclical Sector giant saw their annual sales surged by 23.11% over the last five years. The company achieved an average annual earnings per share of -14.79%. With a float of $29.99 million, this company’s outstanding shares have now reached $30.30 million.

The firm has a total of 8800 workers. Let’s measure their productivity.

Boot Barn Holdings Inc (BOOT) Breakdown of a Key Holders of the stock

Observing investor behavior towards Apparel Retail industry stocks is more important than anything else. The insider ownership of Boot Barn Holdings Inc is 1.02%, while institutional ownership is 129.35%. The most recent insider transaction that took place on Feb 29 ’24, was worth 1,799,378. In this transaction PRESIDENT AND CEO of this company sold 19,478 shares at a rate of $92.38, taking the stock ownership to the 46,273 shares. Before that another transaction happened on Feb 21 ’24, when Company’s CHIEF RETAIL OFFICER sold 9,031 for $88.64, making the entire transaction worth $800,508. This insider now owns 2,965 shares in total.

Boot Barn Holdings Inc (BOOT) Recent Fiscal highlights

As on 12/30/2023, Multinational firm has announced its last quarter scores, in which it reported $1.81 earnings per share (EPS) for the period topping the consensus outlook (set at $1.79) by $0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.09 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -14.79% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.70% during the next five years compared to 39.87% growth over the previous five years of trading.

Boot Barn Holdings Inc (NYSE: BOOT) Trading Performance Indicators

Boot Barn Holdings Inc (BOOT) is currently performing well based on its current performance indicators. A quick ratio of 0.49 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.81. Likewise, its price to free cash flow for the trailing twelve months is 28.18.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.37, a number that is poised to hit 0.91 in the next quarter and is forecasted to reach 5.12 in one year’s time.

Technical Analysis of Boot Barn Holdings Inc (BOOT)

Analysing the last 5-days average volume posted by the [Boot Barn Holdings Inc, BOOT], we can find that recorded value of 0.8 million was lower than the volume posted last year of 0.83 million. As of the previous 9 days, the stock’s Stochastic %D was 82.77%. Additionally, its Average True Range was 3.16.

During the past 100 days, Boot Barn Holdings Inc’s (BOOT) raw stochastic average was set at 93.02%, which indicates a significant increase from 87.49% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.10% in the past 14 days, which was lower than the 42.04% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $88.57, while its 200-day Moving Average is $83.19. Now, the first resistance to watch is $103.48. This is followed by the second major resistance level at $105.08. The third major resistance level sits at $106.57. If the price goes on to break the first support level at $100.39, it is likely to go to the next support level at $98.90. Now, if the price goes above the second support level, the third support stands at $97.30.

Boot Barn Holdings Inc (NYSE: BOOT) Key Stats

Market capitalization of the company is 3.09 billion based on 30,301K outstanding shares. Right now, sales total 1,658 M and income totals 170,550 K. The company made 520,400 K in profit during its latest quarter, and 55,620 K in sales during its previous quarter.