The stock of Boot Barn Holdings Inc (NYSE:BOOT) is a huge mover today! The stock increased 4.01% or $0.63 on November 22, hitting $16.36. About 215,736 shares traded hands. Boot Barn Holdings Inc (NYSE:BOOT) has risen 90.44% since April 20, 2016 and is uptrending. It has outperformed by 85.88% the S&P500.
The move comes after 7 months positive chart setup for the $433.60M company. It was reported on Nov, 22 by Barchart.com. We have $17.83 PT which if reached, will make NYSE:BOOT worth $39.02M more.
Boot Barn Holdings Inc (NYSE:BOOT) Ratings Coverage
Out of 8 analysts covering Boot Barn Holdings (NYSE:BOOT), 3 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 38% are positive. Boot Barn Holdings has been the topic of 19 analyst reports since September 30, 2015 according to StockzIntelligence Inc. The company was upgraded on Wednesday, February 3 by R. RIley. Citigroup maintained the shares of BOOT in a report on Monday, March 21 with “Neutral” rating. On Friday, May 20 the stock rating was maintained by Citigroup with “Neutral”. The rating was initiated by Citigroup with “Neutral” on Wednesday, October 7. The stock has “Neutral” rating given by B. Riley & Co on Friday, September 9. The firm has “Buy” rating by Jefferies given on Wednesday, July 27. BB&T Capital downgraded the stock to “Hold” rating in Wednesday, November 11 report. The firm earned “Neutral” rating on Friday, April 8 by JP Morgan. Piper Jaffray maintained it with “Overweight” rating and $29.0 target price in Wednesday, September 30 report. B. Riley & Co downgraded Boot Barn Holdings Inc (NYSE:BOOT) on Monday, October 26 to “Neutral” rating.
According to Zacks Investment Research, “Boot Barn Holdings, Inc. operates as a lifestyle retail chain devoted to western and work-related footwear, apparel and accessories. The company’s products include boots, denim, western shirts, cowboy hats, belts and belt buckles, and western-style jewellery and accessories; and rugged footwear, outerwear, overalls, denims, and shirts, as well as safety-toe boots, and flame-resistant and high-visibility clothing. It sells its products through bootbarn.com, an e-commerce Website. Boot Barn Holdings, Inc. is headquartered in Irvine, California.”
Insitutional Activity: The institutional sentiment increased to 1.27 in Q2 2016. Its up 0.25, from 1.02 in 2016Q1. The ratio is positive, as 21 funds sold all Boot Barn Holdings Inc shares owned while 20 reduced positions. 18 funds bought stakes while 24 increased positions. They now own 27.96 million shares or 0.03% less from 27.97 million shares in 2016Q1.
Moreover, Northern Tru has 0% invested in Boot Barn Holdings Inc (NYSE:BOOT) for 217,547 shares. Citadel Advsr Ltd Liability Co holds 944,701 shares or 0.01% of its portfolio. Fs Capital Prns Vi Ltd Liability holds 100% of its portfolio in Boot Barn Holdings Inc (NYSE:BOOT) for 13.44M shares. Blackrock holds 0% or 19,660 shares in its portfolio. Jpmorgan Chase And accumulated 0% or 30 shares. Moreover, American Gp has 0% invested in Boot Barn Holdings Inc (NYSE:BOOT) for 7,671 shares. Frontier Capital Mngmt Comm Ltd Co last reported 2.21 million shares in the company. Dimensional Fund Advsrs Limited Partnership reported 24,164 shares or 0% of all its holdings. California State Teachers Retirement Sys last reported 27,943 shares in the company. Goldman Sachs Grp Incorporated accumulated 1.45 million shares or 0% of the stock. Manufacturers Life The has 869 shares for 0% of their US portfolio. Royal Bancorporation Of Canada reported 210 shares or 0% of all its holdings. Quantitative Systematic Strategies Ltd Liability Co accumulated 14,926 shares or 0.06% of the stock. Price T Rowe Associate Md holds 85,070 shares or 0% of its portfolio. Blackrock Investment Mgmt Limited Liability Corporation last reported 67,019 shares in the company.
More notable recent Boot Barn Holdings Inc (NYSE:BOOT) news were published by: Investorplace.com which released: “Hottest Retail Trade Stocks Now – TWMC SSI VNCE LE” on March 18, 2016, also Fool.com with their article: “Why Boot Barn Holdings Inc. Stock Plunged Today” published on January 12, 2016, Ocbj.com published: “Boot Barn Meets Street Targets” on August 01, 2016. More interesting news about Boot Barn Holdings Inc (NYSE:BOOT) were released by: Businesswire.com and their article: “Boot Barn Holdings, Inc. Posts Transcript of First Quarter Earnings Call …” published on July 26, 2016 as well as Businesswire.com‘s news article titled: “Boot Barn Holdings, Inc. to Report Second Quarter Fiscal Year 2017 Results on …” with publication date: July 26, 2016.
BOOT Company Profile
Boot Barn Holdings, Inc., incorporated on November 17, 2011, 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. The Company’s stores average an area of approximately 11,490 square feet and feature an assortment of brands and styles. The Company’s boot selection, which consists of approximately one-third of each store’s selling square footage space, is merchandised on self-service fixtures with western boots arranged by size and work boots arranged by brand. It also carries assortments of denim, western shirts, cowboy hats, belts and belt buckles, western-style jewelry and accessories.
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