On Oct 29, major Wall Street analysts update their ratings for $Boot Barn Holdings (BOOT.US)$, with price targets ranging from $167 to $192.
J.P. Morgan analyst Matthew Boss maintains with a buy rating, and adjusts the target price from $160 to $181.
Citi analyst Steven Zaccone maintains with a buy rating, and adjusts the target price from $154 to $178.
TD Cowen analyst John Kernan initiates coverage with a buy rating, and sets the target price at $185.
Baird analyst Jonathan Komp maintains with a hold rating, and adjusts the target price from $140 to $167.
KeyBanc analyst Ashley Owens maintains with a hold rating.
Furthermore, according to the comprehensive report, the opinions of $Boot Barn Holdings (BOOT.US)$'s main analysts recently are as follows:
Boot Barn's recent fiscal Q2 report surpassed expectations and indicated a positive outlook, according to an analyst. The company's sequential comparative sales acceleration is credited to a significant uptick in transactions. Additionally, it is mentioned that the CEO transition is part of a long-term succession plan.
Boot Barn's robust fiscal Q2 same-store-sales results surpassed expectations, yet earnings flow-through fell short of market anticipations primarily because of elevated incentive compensation and singular legal expenses. Analysts perceive that Boot Barn is regaining solid same-store-sales momentum and the business model is progressively realigning with its 20% earnings growth framework.
Boot Barn's second quarter was robust and aligned with forecasts following a positive update at the beginning of September. Notably, all product categories are now showing positive trends, including the previously underperforming ladies western apparel and boots, as well as work apparel. The company has witnessed seven successive months of positive e-commerce sales, marking a significant turnaround from the long-term negative trajectory and indicating an increasing momentum in the second quarter.
Here are the latest investment ratings and price targets for $Boot Barn Holdings (BOOT.US)$ from 9 analysts:
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美東時間10月29日，多家華爾街大行更新了$Boot Barn Holdings (BOOT.US)$的評級，目標價介於167美元至192美元。
摩根大通分析師Matthew Boss維持買入評級，並將目標價從160美元上調至181美元。
花旗分析師Steven Zaccone維持買入評級，並將目標價從154美元上調至178美元。
TD Cowen分析師John Kernan首次給予買入評級，目標價185美元。
貝雅分析師Jonathan Komp維持持有評級，並將目標價從140美元上調至167美元。
KeyBanc分析師Ashley Owens維持持有評級。
此外，綜合報道，$Boot Barn Holdings (BOOT.US)$近期主要分析師觀點如下：
Boot Barn最近的財務第二季度報告超過了預期，並且根據一位分析師的說法表明了積極的前景。公司連續比較銷售加速歸功於交易量顯著上升。此外，提到CEO的交接是長期繼任計劃的一部分。
Boot Barn強勁的財務第二季度同店銷售業績超出預期，但收益增長未能達到市場預期，主要是因爲高昂的獎勵補償和獨立的法律費用。分析師認爲Boot Barn正在恢復良好的同店銷售動能，業務模式逐漸與其20%的盈利增長框架重新對齊。
Boot Barn的第二季度表現強勁，符合預期，緊隨9月初的積極消息。值得注意的是，所有產品類別現在都呈現出積極的趨勢，包括之前表現不佳的女士西部服裝和靴子，以及工作服。公司已經連續七個月看到電子商務銷售呈現正增長，標誌着與長期負面曲線的顯着轉變，並顯示出第二季度增長動能增強。
以下爲今日9位分析師對$Boot Barn Holdings (BOOT.US)$的最新投資評級及目標價：
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