Benchmark Co. analyst John Lawrence maintained a Buy rating on Boot Barn (BOOT – Research Report) today and set a price target of $110.00. The company’s shares closed yesterday at $107.03.
Lawrence covers the Consumer Cyclical sector, focusing on stocks such as Tractor Supply, Driven Brands Holdings, and Casey’s General. According to TipRanks, Lawrence has an average return of 14.8% and a 62.82% success rate on recommended stocks.
In addition to Benchmark Co., Boot Barn also received a Buy from Citi’s Steven Zaccone in a report issued today. However, on the same day, KeyBanc maintained a Hold rating on Boot Barn (NYSE: BOOT).
BOOT market cap is currently $3.24B and has a P/E ratio of 22.28.
Based on the recent corporate insider activity of 44 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BOOT in relation to earlier this year. Most recently, in February 2024, James Grant Conroy, the President & CEO of BOOT sold 19,478.00 shares for a total of $1,799,377.64.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Boot Barn (BOOT) Company Description:
Boot Barn Holdings, Inc. engages in the operation of retail stores of western and work-related footwear, apparel, and accessories. Its products include boots, jeans, accessories, hats, gifts and home products, and work wear. Its brands include Ariat, Wrangler, Lucchese Boots, Idyllwind, and Cinch. The company was founded in 1978 and is headquartered in Irvine, CA.
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