For its first fiscal quarter (ending June 30), Boot Barn Holdings Inc (NYSE: BOOT) has reported a 12% increase in E.P.S. from $1.14 a year ago to $1.28 in the current quarter. For the latest four quarters through June 30, E.P.S. were $5.01 versus $5.54 for the same period a year ago — a decline of -10%.
Recent Price Action
Boot Barn Holdings Inc (NYSE: BOOT) stock declined modestly by -1.6% on 8/7/24. The stock closed at $115.70. Moreover, trading volume in this decline was above average at 126% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -11.0% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, BOOT is expected to continue to be a Value Builder.
Boot Barn Holdings has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Boot Barn Holdings has a neutral Appreciation Score of 47 but a very high Power Rating of 99, and the Highest Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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