Fintel reports that on January 5, 2024, UBS upgraded their outlook for Boot Barn Holdings (NYSE:BOOT) from Neutral to Buy .
Analyst Price Forecast Suggests 33.06% Upside
As of December 16, 2023, the average one-year price target for Boot Barn Holdings is 95.01. The forecasts range from a low of 73.73 to a high of $120.75. The average price target represents an increase of 33.06% from its latest reported closing price of 71.40.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Boot Barn Holdings is 1,815MM, an increase of 6.87%. The projected annual non-GAAP EPS is 6.15.
What is the Fund Sentiment?
There are 681 funds or institutions reporting positions in Boot Barn Holdings. This is an increase of 46 owner(s) or 7.24% in the last quarter. Average portfolio weight of all funds dedicated to BOOT is 0.28%, a decrease of 6.02%. Total shares owned by institutions increased in the last three months by 6.34% to 44,815K shares. 
The put/call ratio of BOOT is 0.66, indicating a bullish outlook.
What are Other Shareholders Doing?
IJR - iShares Core S&P Small-Cap ETF holds 2,025K shares representing 6.69% ownership of the company. In it's prior filing, the firm reported owning 2,089K shares, representing a decrease of 3.16%. The firm decreased its portfolio allocation in BOOT by 3.59% over the last quarter.
SMCWX - SMALLCAP WORLD FUND INC holds 1,787K shares representing 5.90% ownership of the company. No change in the last quarter.
Capital World Investors holds 1,787K shares representing 5.90% ownership of the company. No change in the last quarter.
Wasatch Advisors holds 1,507K shares representing 4.98% ownership of the company. In it's prior filing, the firm reported owning 1,511K shares, representing a decrease of 0.22%. The firm decreased its portfolio allocation in BOOT by 0.16% over the last quarter.
Alliancebernstein holds 1,124K shares representing 3.71% ownership of the company. In it's prior filing, the firm reported owning 242K shares, representing an increase of 78.43%. The firm increased its portfolio allocation in BOOT by 296.72% over the last quarter.
Boot Barn Holdings Background Information
(This description is provided by the company.)
Boot Barn is the nation’s leading lifestyle retailer of western and work-related footwear, apparel and accessories for men, women and children. The Company offers its loyal customer base a wide selection of work and lifestyle brands. As of the date of this release, Boot Barn operates 266 stores in 36 states, in addition to an e-commerce channel www.bootbarn.com. The Company also operates www.sheplers.com, the nation’s leading pure play online western and work retailer and www.countryoutfitter.com, an e-commerce site selling to customers who live a country lifestyle.
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