(BOOT) Boot Barn Holdings - Ratings and Ratios

Boot Barn Holdings, Inc. (NYSE:BOOT) is a specialty retailer operating in the United States and internationally, focusing on western and work-related apparel, footwear, and accessories. The company serves a diverse customer base, including western lifestyle enthusiasts and workers requiring durable products. Their offerings include boots, shirts, jackets, hats, belts, handbags, jewelry, rugged footwear, outerwear, denim, safety-toe boots, and high-visibility clothing. Products are sold under brands like Shyanne, Cody James, and Idyllwind, among others. In addition to physical stores, Boot Barn operates e-commerce platforms such as bootbarn.com and third-party marketplaces. Established in 1978 and headquartered in Irvine, California, the company rebranded as Boot Barn Holdings, Inc. in 2014.

Looking ahead, Boot Barns stock is expected to experience a period of consolidation over the next three months. The stock price, currently at 104.00, is above its SMA20 (99.00) but below SMA50 (108.31) and SMA200 (136.27), indicating a short-term uptrend within a longer-term downtrend. The Average True Range (ATR) of 7.34 suggests moderate volatility. Fundamentally, with a P/E ratio of 16.66 and a forward P/E of 15.24, there are expectations of earnings growth. The price-to-book ratio of 2.62 and a return on equity of 15.85% reflect a strong market valuation and profitability. The stock may face resistance at the SMA50 and SMA200 levels, potentially leading to sideways movement with upside potential if it surpasses these thresholds.