BOOT Stock Analysis: Boot Barn Holdings | NYSE
Apparel Retail | NYSE, USA | Market Cap: 3.952m USD | 12M Return: -21.2% | US0994061002 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 110M
EPS Trend: 95.2%
Qual. Beats: 0
Rev. Trend: 98.8%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Boot Barn Holdings, Inc. (NYSE: BOOT) is a U.S.-based specialty retailer that operates a chain of stores selling western and work-related footwear, apparel, and accessories for men, women, and kids. The company was founded in 1978, is headquartered in Irvine, California, and has been publicly traded on the NYSE since its October 2014 IPO. It sells through both a network of physical Boot Barn-branded retail stores and digital channels, including its own websites, mobile app, and third-party marketplaces, supporting an omnichannel retail model.
The companys product assortment spans denim, cowboy hats, belts and buckles, rugged and safety-toe boots, outerwear, flame-resistant and high-visibility clothing, western-style jewelry, and home/gift merchandise. It carries a mix of third-party brands such as Ariat, Stetson, Wrangler, Carhartt, Timberland Pro, Wolverine, Justin, Tony Lama, Levis, and Miss Me, alongside its own private and exclusive labels including Cody James, Shyanne, Idyllwind, and Moonshine Spirit.
As a specialty apparel retailer in the GICS Consumer Discretionary sector, Boot Barn focuses on a defined lifestyle niche-western and workwear-which generally serves a loyal, demographic-specific customer base. The category differs from broad-line apparel retail by emphasizing branded, category-specific merchandise (notably boots and western accessories) and by carrying workwear lines aimed at occupational buyers in industries such as energy, agriculture, and construction.
- Holiday comparable sales growth drives quarterly revenue
- New store openings accelerate unit expansion across markets
- Exclusive brand mix expansion lifts gross margins
- China tariff exposure pressures imported footwear costs
| Net Income: 252.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA 2.32 > 1.0 |
| NWC/Revenue: 27.43% < 20% (prev 26.79%; Δ 0.64% < -1%) |
| CFO/TA 0.12 > 3% & CFO 329.1m > Net Income 252.9m |
| Net Debt (760.9m) to EBITDA (425.2m): 1.79 < 3 |
| Current Ratio: 2.44 > 1.5 & < 3 |
| Outstanding Shares: last quarter (30.4m) vs 12m ago -1.10% < -2% |
| Gross Margin: 38.57% > 18% (prev 38.08%; Δ 0.49% > 0.5%) |
| Asset Turnover: 98.43% > 50% (prev 91.80%; Δ 6.63% > 0%) |
| Interest Coverage Ratio: 205.9 > 6 (EBIT TTM 337.1m / Interest Expense TTM 1.64m) |
| A: 0.25 (Total Current Assets 1.12b - Total Current Liabilities 460.7m) / Total Assets 2.66b |
| B: 0.47 (Retained Earnings 1.25b / Total Assets 2.66b) |
| C: 0.14 (EBIT TTM 337.1m / Avg Total Assets 2.46b) |
| D: 1.08 (Book Value of Equity 1.38b / Total Liabilities 1.28b) |
| Altman-Z'' = 5.23 = AAA |
| DSRI: 0.99 (Receivables 11.7m/10.1m, Revenue 2.42b/2.07b) |
| GMI: 0.99 (GM 38.08% / 38.57%) |
| AQI: 0.85 (AQ_t 0.10 / AQ_t-1 0.12) |
| SGI: 1.17 (Revenue 2.42b / 2.07b) |
| TATA: -0.03 (NI 252.9m - CFO 329.1m) / TA 2.66b) |
| Beneish M = -3.02 (Cap -4..+1) = AA |
As of November 05, 2026, the stock is trading at USD 145.56 with a total of 1,173,275 shares traded. Over the past week, the price has changed by +28.47%, over one month by +18.46%, over three months by -10.85% and over the past year by -21.22%.
Current recommended Stop Loss: 131.50 (which is 9.7% or 2.3 ATR below the current price).
Boot Barn Holdings has received a consensus analysts rating of 4.71. Therefore, it is recommended to buy BOOT.
- StrongBuy: 13
- Buy: 3
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 196.3 | 34.9% |
P/E Trailing = 15.7966
P/E Forward = 13.21
P/S = 1.6331
P/B = 2.5253
P/EG = 1.72
Revenue TTM = 2.42b USD
EBIT TTM = 337.1m USD
EBITDA TTM = 425.2m USD
Long Term Debt = 759.1m USD (estimated: total debt 858.3m - short term 99.2m)
Short Term Debt = 99.2m USD (from shortTermDebt, last quarter)
Debt = 858.3m USD (from shortLongTermDebtTotal, last quarter) (leases 858.3m already included)
Net Debt = 760.9m USD (calculated: Debt 858.3m - CCE 97.4m)
Enterprise Value = 4.71b USD (3.95b + Debt 858.3m - CCE 97.4m)
Interest Coverage Ratio = 205.9 (Ebit TTM 337.1m / Interest Expense TTM 1.64m)
EV/FCF = 36.97x (Enterprise Value 4.71b / FCF TTM 127.5m)
FCF Yield = 2.71% (FCF TTM 127.5m / Enterprise Value 4.71b)
FCF Margin = 5.27% (FCF TTM 127.5m / Revenue TTM 2.42b)
Net Margin = 10.45% (Net Income TTM 252.9m / Revenue TTM 2.42b)
Gross Margin = 38.57% ((Revenue TTM 2.42b - Cost of Revenue TTM 1.49b) / Revenue TTM)
Gross Margin QoQ = 37.21% (prev 40.42%)
Tobins Q-Ratio = 1.77 (Enterprise Value 4.71b / Total Assets 2.66b)
Interest Expense / Debt = 0.19% (Interest Expense 1.64m / Debt 858.3m)
Taxrate = 24.63% (82.6m / 335.5m)
NOPAT = 254.1m (EBIT 337.1m * (1 - 24.63%))
Current Ratio = 2.44 (Total Current Assets 1.12b / Total Current Liabilities 460.7m)
Debt / Equity = 0.62 (Debt 858.3m / totalStockholderEquity, last quarter 1.38b)
Debt / EBITDA = 1.79 (Net Debt 760.9m / EBITDA 425.2m)
Debt / FCF = 5.97 (Net Debt 760.9m / FCF TTM 127.5m)
Total Stockholder Equity = 1.34b (last 4 quarters mean from totalStockholderEquity)
RoA = 10.29% (Net Income 252.9m / Total Assets 2.66b)
RoE = 18.94% (Net Income TTM 252.9m / Total Stockholder Equity 1.34b)
RoCE = 16.10% (EBIT 337.1m / Capital Employed (Equity 1.34b + L.T.Debt 759.1m))
RoIC = 11.54% (NOPAT 254.1m / Invested Capital 2.20b)
WACC = 8.39% (E(3.95b)/V(4.81b) * Re(10.18%) + D(858.3m)/V(4.81b) * Rd(0.19%) * (1-Tc(0.25)))
Discount Rate = 10.18% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -86.69 | Cagr: -0.58%
[DCF] Terminal Value 77.84% ; FCFF base≈98.8m ; Y1≈113.2m ; Y5≈166.6m
[DCF] Fair Price = 57.11 (EV 2.49b - Net Debt 760.9m = Equity 1.73b / Shares 30.3m; r=8.39% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 95.16 | EPS CAGR: 20.75% | SUE: 0.20 | # QB: 0
Revenue Correlation: 98.85 | Revenue CAGR: 15.50% | SUE: 0.23 | # QB: 0
EPS current Quarter (2026-12-31): EPS=3.17 | Chg30d=-7.25% | Revisions=-17% | Analysts=9
EPS current Year (2027-03-31): EPS=8.87 | Chg30d=-1.66% | Revisions=+17% | GrowthEPS=+20.6% | GrowthRev=+14.6%
EPS next Year (2028-03-31): EPS=9.84 | Chg30d=-1.35% | Revisions=-17% | GrowthEPS=+10.9% | GrowthRev=+13.0%
[Analyst] Revisions Ratio: -8% (up=4, down=5)