Overview
Boot Barn Holdings, Inc. is a retail company based in the United States, specializing in western and work-related footwear, apparel, and accessories. The company operates primarily through its extensive network of retail stores across the U.S. and an e-commerce platform, catering to the needs of work professionals and enthusiasts of western lifestyle. Boot Barn is known for its wide range of products including boots, jeans, hats, and work gear, tailored for durability and performance. Founded in 1978, the company has grown substantially, focusing on expanding its store footprint and enhancing its digital presence to align with evolving consumer buying behaviors. Essential to its growth strategy is the acquisition of complementary businesses and the implementation of merchandising initiatives aimed at broadening its product offerings and improving customer engagement.
Basic Stats
The share price of Boot Barn Holdings, Inc. as of September 5, 2025 is $182.65 / share. This is an increase of 2.75% from the prior week. The market cap (or net worth) of Boot Barn Holdings, Inc. as of September 5, 2025 is $5,585.07 MM.
The Factor Analysis chart (below right) shows a view of Boot Barn Holdings, Inc. from a variety of lenses. Each factor shows how well the company ranks against all other companies in the Fintel global investing universe. Factor scores range from zero to 100, with 100 being most desirable, and 50 being average.
For example, a company with a Value Score of 100 would be the most undervalued company in our database. A company with a Value Score of zero would be the most overvalued.
| Market Cap | 5,585.07 MM |
| EV | 5,489.75 MM |
| Shares Out. | 30.58 MM |
| Earnings Date | |
| EPS (TTM) | 6.39 |
| Dividend Yield | |
| Ex-Dividend Date | |
| Borrow Rate | 0.25 |
| Short Shares Avail. | 0.50 MM |
| Short Interest | 3.41 MM |
| Short Float | 11.19 % |
| Days to Cover | 7.53 days |
| Risk Free Rate | 4.17 % |
| Price Change (1 yr) | 35.40 % |
| Volatility (1 yr) | 0.55 |
| Beta | 1.67 |
| Sharpe Ratio (1 yr) | 0.56 |
| Sortino Ratio (1 yr) | 0.91 |
| PE Ratio | 28.58 |
| Price/Book | 4.77 |
| Price/TBV | 6.10 |
| Book/Market | 0.21 |
| EBIT/EV | 0.05 |
| EBIT(3yr avg)/EV | 0.04 |
| ROA | 0.11 |
| ROE | 0.20 |
| ROIC | 0.11 |
| CROIC | 0.01 |
| OCROIC | 0.10 |
| Implied Volatility | 42.12 % |
| Put/Call OI Ratio | 0.42 |
Factor Scores range from 0 to 100, with 100 being most desirable. Larger circles are better. In situations where we have no data (e.g. no insider trades), we plot the score at 50 to avoid penalizing companies. However, a company that does not pay dividends will get a Dividend Score of Zero. Additionally, we inverted volatility to create a "stability" metric which is better when higher.
Price Target
The average one-year price target for Boot Barn Holdings, Inc. is $214.36. The forecasts range from a low of $143.42 to a high of $253.05. A stock’s price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings. Analysts typically set price targets that correspond to their buy or sell recommendations.
Update Frequency: Monthly
Stock Upgrades/Downgrades
This card shows analyst upgrades/downgrades for Boot Barn Holdings, Inc.. An analyst rating is a classification that gives investors a sense of analyst sentiment about the direction and performance of an equity - usually a stock - over a period of time, typically 12 months.
The standard analyst ratings are generally as follows:
- Buy/Overweight/Outperform - Any of these ratings conveys an analyst’s belief that the stock is likely to outperform a market index (e.g. the S&P 500).
- Hold/Equal-Weight/Market Perform - Any of these ratings conveys an analyst’s belief that the stock is likely to perform in line with a market index.
- Sell/Underweight/Underperform - Any of these ratings suggest that an analyst believes the stock is likely to underperform a market index.
When an analyst upgrades a stock, they are signaling that the company’s fundamentals are being undervalued by investors. It could also mean they believe the market is underestimating the company’s potential. The opposite is true when a stock receives a downgrade.
The average rating of each individual analyst’s rating is the consensus rating for a stock. This gives investors a broader sense of the overall sentiment for that stock.
| Date | Analyst | Prior | Latest Recommendation |
Action |
|---|---|---|---|---|
| 2023-01-26 | JP Morgan | Overweight | Maintains | |
| 2022-10-27 | Citigroup | Buy | Maintains | |
| 2022-10-27 | Baird | Outperform | Maintains | |
| 2022-10-18 | Citigroup | Buy | Maintains | |
| 2022-08-11 | Seaport Global | Neutral | Buy | Upgrade |
| 2022-08-01 | UBS | Neutral | Maintains | |
| 2022-07-28 | Piper Sandler | Overweight | Maintains | |
| 2022-07-26 | Baird | Outperform | Maintains | |
| 2022-07-15 | UBS | Neutral | Maintains | |
| 2022-05-27 | Baird | Neutral | Outperform | Upgrade |
| 2022-05-06 | Piper Sandler | Neutral | Overweight | Upgrade |
| 2022-01-18 | Seaport Global | Neutral | Initiate | |
| 2021-12-21 | Benchmark | Buy | Initiate | |
| 2021-12-09 | Stephens & Co. | Overweight | Maintains | |
| 2021-10-28 | Stephens & Co. | Overweight | Maintains | |
| 2021-10-28 | Craig-Hallum | Hold | Buy | Upgrade |
| 2021-10-20 | Cowen & Co. | Outperform | Maintains | |
| 2021-06-11 | Baird | Neutral | Maintains | |
| 2021-01-26 | Wells Fargo | Overweight | Maintains | |
| 2021-01-11 | JP Morgan | Neutral | Overweight | Upgrade |
| 2020-11-17 | Wells Fargo | Equal-Weight | Overweight | Upgrade |
| 2020-10-29 | Wells Fargo | Equal-Weight | Maintains | |
| 2020-10-29 | Piper Sandler | Neutral | Maintains | |
| 2020-10-26 | Craig-Hallum | Buy | Hold | Downgrade |
| 2020-10-12 | Susquehanna | Negative | Neutral | Upgrade |
| 2020-08-05 | Piper Sandler | Overweight | Neutral | Downgrade |
| 2020-05-21 | Wells Fargo | Equal-Weight | Maintains | |
| 2020-05-21 | DA Davidson | Buy | Maintains | |
| 2020-05-21 | Citigroup | Neutral | Maintains | |
| 2020-05-21 | Baird | Neutral | Maintains | |
| 2020-05-15 | Craig-Hallum | Buy | Maintains | |
| 2020-05-13 | Jefferies | Buy | Maintains | |
| 2020-04-29 | Piper Sandler | Overweight | Maintains | |
| 2020-04-15 | Susquehanna | Neutral | Negative | Downgrade |
| 2020-04-06 | Susquehanna | Neutral | Maintains | |
| 2020-03-16 | Wells Fargo | Equal-Weight | Maintains | |
| 2020-03-10 | Baird | Neutral | Maintains | |
| 2020-03-09 | JP Morgan | Overweight | Neutral | Downgrade |
| 2019-11-22 | DA Davidson | Buy | Maintains | |
| 2019-10-09 | Stephens & Co. | Overweight | Initiate | |
| 2019-08-01 | Piper Jaffray | Overweight | Maintains | |
| 2019-07-15 | Citi | Buy | Neutral | Downgrade |
| 2019-07-12 | Susquehanna | Neutral | Initiate | |
| 2019-07-08 | Baird | Outperform | Neutral | Downgrade |
| 2019-06-19 | DA Davidson | Buy | Initiate | |
| 2019-05-13 | Pivotal Research | Buy | Hold | Downgrade |
| 2019-01-07 | Pivotal Research | Hold | Buy | Upgrade |
| 2019-01-07 | JP Morgan | Overweight | Overweight | Maintains |
| 2019-01-02 | Wells Fargo | Market Perform | Market Perform | Maintains |
| 2018-10-26 | Jefferies | Buy | Buy | Maintains |
| 2018-10-09 | William Blair | Outperform | Initiate | |
| 2018-09-21 | Citigroup | Buy | Buy | Maintains |
| 2018-04-23 | Cowen & Co. | Outperform | Initiate | |
| 2018-01-25 | Pivotal Research | Hold | Initiate | |
| 2017-11-15 | JP Morgan | Neutral | Overweight | Upgrade |
| 2017-11-03 | Jefferies | Buy | Maintains | |
| 2017-11-03 | Citigroup | Buy | Maintains | |
| 2017-11-03 | Baird | Outperform | Maintains | |
| 2017-08-04 | Baird | Neutral | Outperform | Upgrade |
| 2017-01-03 | B. Riley FBR | Neutral | Buy | Upgrade |
| 2017-01-03 | B. Riley | Buy | Upgrade | |
| 2016-12-15 | Mizuho | Neutral | Initiate | |
| 2016-11-30 | Baird | Outperform | Neutral | Downgrade |
| 2016-11-14 | Citigroup | Neutral | Buy | Upgrade |
| 2016-09-27 | Citigroup | Neutral | Maintains | |
| 2016-09-09 | B. Riley FBR | Buy | Neutral | Downgrade |
| 2016-09-09 | B. Riley | Neutral | Downgrade | |
| 2016-07-27 | JP Morgan | Neutral | Maintains | |
| 2016-07-27 | Jefferies | Buy | Maintains | |
| 2016-07-20 | Citigroup | Neutral | Maintains | |
| 2016-05-20 | Citigroup | Neutral | Maintains | |
| 2016-05-19 | Jefferies | Buy | Maintains | |
| 2016-04-08 | JP Morgan | Overweight | Neutral | Downgrade |
| 2016-03-21 | Citigroup | Neutral | Maintains | |
| 2016-02-03 | Jefferies | Buy | Maintains | |
| 2016-02-03 | B. Riley FBR | Neutral | Buy | Upgrade |
| 2016-02-03 | B. Riley | Buy | Upgrade | |
| 2016-01-12 | B. Riley | Neutral | Maintains | |
| 2015-11-19 | Wells Fargo | Outperform | Market Perform | Downgrade |
| 2015-11-11 | Jefferies | Buy | Maintains | |
| 2015-11-11 | BB&T Capital | Buy | Hold | Downgrade |
| 2015-10-07 | Citigroup | Neutral | Initiate | |
| 2015-07-02 | PiperJaffray | Overweight | Maintains | |
| 2015-06-30 | Jefferies | Buy | Maintains | |
| 2015-06-30 | B. Riley | Buy | Initiate | |
| 2015-06-05 | JP Morgan | Overweight | Maintains | |
| 2015-03-10 | BB&T Capital | Buy | Initiate | |
| 2014-11-24 | PiperJaffray | Overweight | Initiate | |
| 2014-11-24 | JP Morgan | Overweight | Initiate | |
| 2014-11-24 | Jefferies | Buy | Initiate | |
| 2014-11-24 | Baird | Outperform | Initiate | |
| 2023-01-30 | Baird | Outperform | Neutral | Downgrade |
| 2023-01-06 | B of A Securities | Buy | Initiate | |
| 2023-02-07 | BTIG | Buy | Initiate | |
| 2023-03-29 | UBS | Neutral | Maintains | |
| 2023-05-18 | JP Morgan | Overweight | Overweight | Maintains |
| 2023-05-18 | Craig-Hallum | Buy | Buy | Maintains |
| 2023-05-15 | Benchmark | Buy | Buy | Reiterate |
| 2023-05-15 | BTIG | Buy | Buy | Maintains |
| 2023-05-12 | Citigroup | Buy | Buy | Maintains |
| 2023-05-18 | BTIG | Buy | Buy | Maintains |
| 2023-05-18 | TD Cowen | Outperform | Maintains | |
| 2023-05-18 | B of A Securities | Buy | Buy | Maintains |
| 2023-05-18 | Baird | Neutral | Neutral | Maintains |
| 2023-05-18 | Citigroup | Buy | Buy | Maintains |
| 2023-08-03 | Piper Sandler | Overweight | Overweight | Maintains |
| 2023-08-03 | Craig-Hallum | Buy | Buy | Maintains |
| 2023-08-03 | B of A Securities | Buy | Buy | Maintains |
| 2023-08-03 | Citigroup | Buy | Buy | Maintains |
| 2023-07-20 | TD Cowen | Outperform | Outperform | Maintains |
| 2023-11-21 | B. Riley Securities | Buy | Initiate | |
| 2023-07-21 | Craig-Hallum | Buy | Buy | Maintains |
| 2023-07-05 | BTIG | Buy | Buy | Maintains |
| 2024-03-21 | Baird | Neutral | Neutral | Maintains |
| 2023-07-31 | Benchmark | Buy | Buy | Reiterate |
| 2023-11-03 | Piper Sandler | Overweight | Overweight | Maintains |
| 2024-01-16 | Williams Trading | Buy | Hold | Downgrade |
| 2023-08-08 | TD Cowen | Outperform | Outperform | Maintains |
| 2023-07-19 | Citigroup | Buy | Buy | Maintains |
| 2023-10-24 | Citigroup | Buy | Buy | Maintains |
| 2024-02-01 | Piper Sandler | Overweight | Overweight | Maintains |
| 2024-02-01 | B. Riley Securities | Buy | Buy | Maintains |
| 2024-05-09 | JP Morgan | Overweight | Overweight | Maintains |
| 2024-05-15 | BTIG | Buy | Buy | Maintains |
| 2024-05-15 | Craig-Hallum | Buy | Buy | Maintains |
| 2024-05-15 | Benchmark | Buy | Buy | Maintains |
| 2024-05-15 | Baird | Neutral | Neutral | Maintains |
| 2024-04-16 | Piper Sandler | Overweight | Overweight | Maintains |
| 2024-04-29 | BTIG | Buy | Buy | Maintains |
| 2024-04-29 | TD Cowen | Buy | Buy | Maintains |
| 2024-05-21 | JP Morgan | Overweight | Overweight | Maintains |
| 2024-06-05 | Craig-Hallum | Buy | Buy | Maintains |
| 2024-06-05 | TD Cowen | Buy | Buy | Maintains |
| 2024-06-05 | BTIG | Buy | Buy | Maintains |
| 2024-06-07 | Baird | Neutral | Neutral | Maintains |
| 2024-01-05 | UBS | Neutral | Buy | Upgrade |
| 2024-06-10 | Benchmark | Buy | Buy | Maintains |
| 2025-01-23 | Keybanc | Sector Weight | Overweight | Upgrade |
| 2025-03-05 | Baird | Outperform | Outperform | Maintains |
| 2024-07-24 | UBS | Buy | Neutral | Downgrade |
| 2024-10-16 | UBS | Neutral | Neutral | Maintains |
| 2024-09-10 | JP Morgan | Overweight | Overweight | Maintains |
| 2024-09-10 | BTIG | Buy | Buy | Maintains |
| 2025-08-01 | BTIG | Buy | Buy | Maintains |
| 2024-07-19 | Citigroup | Buy | Buy | Maintains |
| 2025-04-29 | Keybanc | Overweight | Overweight | Maintains |
| 2024-08-06 | Benchmark | Buy | Buy | Reiterate |
| 2024-10-30 | Baird | Neutral | Outperform | Upgrade |
| 2024-10-29 | Benchmark | Buy | Buy | Reiterate |
| 2024-10-29 | JP Morgan | Overweight | Overweight | Maintains |
| 2024-10-29 | Citigroup | Buy | Buy | Maintains |
| 2024-10-29 | Piper Sandler | Overweight | Overweight | Reiterate |
| 2024-10-29 | Williams Trading | Buy | Buy | Reiterate |
| 2024-10-29 | Craig-Hallum | Hold | Hold | Maintains |
| 2024-10-29 | BTIG | Buy | Buy | Maintains |
| 2025-05-16 | Citigroup | Buy | Buy | Maintains |
| 2024-07-22 | JP Morgan | Overweight | Overweight | Maintains |
| 2024-08-08 | UBS | Neutral | Neutral | Maintains |
| 2024-08-08 | Baird | Neutral | Neutral | Maintains |
| 2024-08-08 | Piper Sandler | Overweight | Overweight | Maintains |
| 2024-10-25 | Craig-Hallum | Buy | Hold | Downgrade |
| 2025-01-15 | B of A Securities | Buy | Buy | Maintains |
| 2024-09-11 | Benchmark | Buy | Buy | Reiterate |
| 2025-01-31 | Piper Sandler | Overweight | Overweight | Reiterate |
| 2025-01-31 | JP Morgan | Overweight | Overweight | Maintains |
| 2024-10-09 | Benchmark | Buy | Buy | Maintains |
| 2025-01-10 | UBS | Neutral | Buy | Upgrade |
| 2024-10-14 | Piper Sandler | Overweight | Overweight | Maintains |
| 2024-10-01 | Baird | Neutral | Neutral | Maintains |
| 2025-02-03 | UBS | Buy | Buy | Maintains |
| 2025-01-13 | BTIG | Buy | Buy | Maintains |
| 2025-01-13 | JP Morgan | Overweight | Overweight | Maintains |
| 2025-05-15 | Piper Sandler | Overweight | Overweight | Maintains |
| 2025-05-15 | B of A Securities | Buy | Buy | Maintains |
| 2025-05-15 | Baird | Outperform | Outperform | Maintains |
| 2025-05-15 | UBS | Buy | Buy | Maintains |
| 2025-05-15 | JP Morgan | Overweight | Overweight | Maintains |
| 2025-01-08 | JP Morgan | Overweight | Overweight | Maintains |
| 2025-04-09 | Stephens & Co. | Overweight | Initiate | |
| 2025-04-23 | Baird | Outperform | Outperform | Maintains |
| 2025-07-28 | JP Morgan | Overweight | Overweight | Maintains |
| 2025-05-27 | JP Morgan | Overweight | Overweight | Maintains |
| 2025-08-01 | Keybanc | Overweight | Overweight | Maintains |
| 2025-08-01 | Piper Sandler | Overweight | Overweight | Maintains |
| 2025-07-23 | Jefferies | Buy | Hold | Downgrade |
| 2025-07-28 | Piper Sandler | Overweight | Overweight | Maintains |
| 2025-07-22 | Keybanc | Overweight | Overweight | Maintains |
