BOOT Stock Analysis: Boot Barn Holdings | NYSE
Apparel Retail | NYSE, USA | Market Cap: 4.690m USD | 12M Return: -19.2% | US0994061002 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 89.3M
EPS Trend: 89.8%
Qual. Beats: 1
Rev. Trend: 97.1%
Qual. Beats: 2
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.6 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 focused on western and work-related footwear, apparel, and accessories for men, women, and children. Its merchandise assortment spans denim, western shirts, cowboy hats, belts and buckles, rugged and safety-toe boots, outerwear, flame-resistant and high-visibility workwear, western-style jewelry, gifts, and home goods.
The company distributes its products through Boot Barn-branded retail stores in the United States and select international markets, as well as through an omnichannel platform that includes company websites, a mobile app, and third-party online marketplaces. It carries a wide mix of third-party branded merchandise, including Ariat, Wrangler, Levis, Carhartt, Stetson, Justin, Tony Lama, Timberland Pro, Wolverine, and many others.
Founded in 1978 and headquartered in Irvine, California, the company was originally known as WW Top Investment Corporation before adopting its current name in June 2014. It is classified within the Consumer Discretionary sector under the Apparel Retail sub-industry, and competes in a specialty retail segment where differentiation is driven largely by lifestyle branding, exclusive brand partnerships, and the integration of in-store and digital shopping experiences.
- Comparable sales growth drives quarterly revenue beats
- Tariffs on imported footwear pressure gross margins
- New store openings accelerate double-digit unit growth
| Net Income: 242.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA 3.22 > 1.0 |
| NWC/Revenue: 28.23% < 20% (prev 27.62%; Δ 0.61% < -1%) |
| CFO/TA 0.12 > 3% & CFO 314.9m > Net Income 242.6m |
| Net Debt (666.8m) to EBITDA (406.6m): 1.64 < 3 |
| Current Ratio: 2.53 > 1.5 & < 3 |
| Outstanding Shares: last quarter (30.6m) vs 12m ago -0.48% < -2% |
| Gross Margin: 38.45% > 18% (prev 38.03%; Δ 0.42% > 0.5%) |
| Asset Turnover: 100.5% > 50% (prev 95.13%; Δ 5.38% > 0%) |
| Interest Coverage Ratio: 211.1 > 6 (EBIT TTM 323.2m / Interest Expense TTM 1.53m) |
| A: 0.26 (Total Current Assets 1.09b - Total Current Liabilities 432.3m) / Total Assets 2.57b |
| B: 0.47 (Retained Earnings 1.20b / Total Assets 2.57b) |
| C: 0.14 (EBIT TTM 323.2m / Avg Total Assets 2.33b) |
| D: 1.12 (Book Value of Equity 1.36b / Total Liabilities 1.21b) |
| Altman-Z'' = 5.32 = AAA |
| DSRI: 2.93 (Receivables 29.4m/8.53m, Revenue 2.34b/1.99b) |
| GMI: 0.99 (GM 38.03% / 38.45%) |
| AQI: 0.82 (AQ_t 0.10 / AQ_t-1 0.13) |
| SGI: 1.18 (Revenue 2.34b / 1.99b) |
| TATA: -0.03 (NI 242.6m - CFO 314.9m) / TA 2.57b) |
| Beneish M = -1.43 (Cap -4..+1) = D |
As of September 07, 2026, the stock is trading at USD 154.29 with a total of 463,945 shares traded. Over the past week, the price has changed by -0.36%, over one month by -5.51%, over three months by -8.79% and over the past year by -19.17%.
Current recommended Stop Loss: 146.70 (which is 4.9% or 1.2 ATR below the current price).
Boot Barn Holdings has received a consensus analysts rating of 4.73. Therefore, it is recommended to buy BOOT.
- StrongBuy: 12
- Buy: 2
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 221.5 | 43.6% |
P/E Trailing = 19.6013
P/E Forward = 18.018
P/S = 2.0013
P/B = 3.4686
P/EG = 1.72
Revenue TTM = 2.34b USD
EBIT TTM = 323.2m USD
EBITDA TTM = 406.6m USD
Long Term Debt = 717.5m USD (estimated: total debt 806.0m - short term 88.6m)
Short Term Debt = 88.6m USD (from shortTermDebt, last quarter)
Debt = 806.0m USD (from shortLongTermDebtTotal, last quarter) (leases 806.0m already included)
Net Debt = 666.8m USD (calculated: Debt 806.0m - CCE 139.3m)
Enterprise Value = 5.36b USD (4.69b + Debt 806.0m - CCE 139.3m)
Interest Coverage Ratio = 211.1 (Ebit TTM 323.2m / Interest Expense TTM 1.53m)
EV/FCF = 46.02x (Enterprise Value 5.36b / FCF TTM 116.4m)
FCF Yield = 2.17% (FCF TTM 116.4m / Enterprise Value 5.36b)
FCF Margin = 4.97% (FCF TTM 116.4m / Revenue TTM 2.34b)
Net Margin = 10.35% (Net Income TTM 242.6m / Revenue TTM 2.34b)
Gross Margin = 38.45% ((Revenue TTM 2.34b - Cost of Revenue TTM 1.44b) / Revenue TTM)
Gross Margin QoQ = 40.42% (prev 36.33%)
Tobins Q-Ratio = 2.09 (Enterprise Value 5.36b / Total Assets 2.57b)
Interest Expense / Debt = 0.19% (Interest Expense 1.53m / Debt 806.0m)
Taxrate = 24.59% (79.1m / 321.7m)
NOPAT = 243.7m (EBIT 323.2m * (1 - 24.59%))
Current Ratio = 2.53 (Total Current Assets 1.09b / Total Current Liabilities 432.3m)
Debt / Equity = 0.59 (Debt 806.0m / totalStockholderEquity, last quarter 1.36b)
Debt / EBITDA = 1.64 (Net Debt 666.8m / EBITDA 406.6m)
Debt / FCF = 5.73 (Net Debt 666.8m / FCF TTM 116.4m)
Total Stockholder Equity = 1.29b (last 4 quarters mean from totalStockholderEquity)
RoA = 10.41% (Net Income 242.6m / Total Assets 2.57b)
RoE = 18.78% (Net Income TTM 242.6m / Total Stockholder Equity 1.29b)
RoCE = 16.09% (EBIT 323.2m / Capital Employed (Equity 1.29b + L.T.Debt 717.5m))
RoIC = 11.56% (NOPAT 243.7m / Invested Capital 2.11b)
WACC = 9.21% (E(4.69b)/V(5.50b) * Re(10.77%) + D(806.0m)/V(5.50b) * Rd(0.19%) * (1-Tc(0.25)))
Discount Rate = 10.77% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -63.06 | Cagr: -0.17%
[DCF] Terminal Value 75.23% ; FCFF base≈80.8m ; Y1≈92.6m ; Y5≈136.3m
[DCF] Fair Price = 36.80 (EV 1.78b - Net Debt 666.8m = Equity 1.11b / Shares 30.3m; r=9.21% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 89.77 | EPS CAGR: 17.04% | SUE: 4.0 | # QB: 1
Revenue Correlation: 97.07 | Revenue CAGR: 13.85% | SUE: 1.84 | # QB: 2
EPS current Quarter (2026-09-30): EPS=1.62 | Chg30d=-4.00% | Revisions=-79% | Analysts=11
EPS next Quarter (2026-12-31): EPS=3.44 | Chg30d=+1.49% | Revisions=+50% | Analysts=11
EPS current Year (2027-03-31): EPS=9.03 | Chg30d=+5.79% | Revisions=+79% | GrowthEPS=+22.9% | GrowthRev=+16.0%
EPS next Year (2028-03-31): EPS=10.00 | Chg30d=+1.06% | Revisions=+58% | GrowthEPS=+10.7% | GrowthRev=+12.8%
[Analyst] Revisions Ratio: +31% (up=28, down=14)