Susquehanna Bancshares assumed coverage on shares of Boot Barn (NYSE:BOOT) in a research report report published on Friday, BenzingaRatingsTable reports. The firm issued a neutral rating and a $35.00 price target on the stock.
A number of other equities research analysts have also recently issued reports on the company. Robert W. Baird started coverage on Intellia Therapeutics in a research note on Monday, July 8th. They issued an outperform rating and a $23.00 target price on the stock. Sidoti started coverage on shares of Boot Barn in a research note on Thursday, March 14th. They set a buy rating on the stock. DA Davidson started coverage on shares of Nomad Foods in a research note on Wednesday, June 19th. They set a buy rating and a $26.00 price objective on the stock. ValuEngine upgraded shares of YY from a sell rating to a hold rating in a research note on Friday, June 7th. Finally, Zacks Investment Research cut shares of GreenTree Hospitality Group from a buy rating to a hold rating in a research note on Monday, May 20th. Six analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock presently has an average rating of Buy and an average price target of $33.80.
BOOT stock opened at $33.13 on Friday. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.83 and a quick ratio of 0.24. The company has a market capitalization of $1.00 billion, a PE ratio of 26.72, a price-to-earnings-growth ratio of 1.38 and a beta of 2.38. Boot Barn has a 1 year low of $15.01 and a 1 year high of $37.15. The company has a fifty day moving average of $32.42.
In other news, CEO James Grant Conroy sold 81,224 shares of Boot Barn stock in a transaction dated Friday, June 14th. The stock was sold at an average price of $33.00, for a total transaction of $2,680,392.00. Following the completion of the sale, the chief executive officer now directly owns 25,868 shares in the company, valued at approximately $853,644. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 2.00% of the stock is owned by insiders.
Several institutional investors have recently made changes to their positions in the company. Great West Life Assurance Co. Can acquired a new stake in Boot Barn in the 4th quarter worth approximately $41,000. NumerixS Investment Technologies Inc acquired a new stake in Boot Barn in the 4th quarter worth approximately $46,000. Quantamental Technologies LLC lifted its holdings in Boot Barn by 407.4% in the 1st quarter. Quantamental Technologies LLC now owns 2,740 shares of the company’s stock worth $81,000 after purchasing an additional 2,200 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in Boot Barn by 106.6% in the 4th quarter. PNC Financial Services Group Inc. now owns 3,541 shares of the company’s stock worth $60,000 after purchasing an additional 1,827 shares during the last quarter. Finally, Legal & General Group Plc lifted its holdings in Boot Barn by 7.8% in the 4th quarter. Legal & General Group Plc now owns 5,058 shares of the company’s stock worth $86,000 after purchasing an additional 368 shares during the last quarter.
About Boot Barn
Boot Barn Holdings, Inc, a lifestyle retail chain, operates specialty retail stores in the United States. The company's specialty retail stores offer western and work-related footwear, apparel, and accessories for men, women, and kids. It offers boots, shirts, jackets, hats, belts and belt buckles, handbags, western-style jewelry, rugged footwear, outerwear, overalls, denim, and flame-resistant and high-visibility clothing.
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