Boot Barn Holdings (BOOT) Earning Favorable Media Coverage, Study Shows

Media stories about Boot Barn Holdings (NYSE:BOOT) have been trending positive on Friday, according to Accern Sentiment. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Boot Barn Holdings earned a daily sentiment score of 0.26 on Accern’s scale. Accern also assigned news articles about the company an impact score of 44.7772834720428 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Here are some of the media stories that may have impacted Accern Sentiment’s analysis:

Several equities analysts recently issued reports on BOOT shares. Piper Jaffray Companies restated a “buy” rating on shares of Boot Barn Holdings in a research report on Thursday, August 3rd. Jefferies Group LLC reiterated a “buy” rating and set a $15.00 target price on shares of Boot Barn Holdings in a research report on Tuesday, July 4th. Zacks Investment Research upgraded Boot Barn Holdings from a “hold” rating to a “buy” rating and set a $9.75 target price on the stock in a research report on Tuesday, October 3rd. Finally, Robert W. Baird upgraded Boot Barn Holdings from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $10.00 to $11.00 in a research report on Friday, August 4th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $10.34.

Boot Barn Holdings (NYSE:BOOT) traded down 1.7928% during trading on Friday, reaching $7.6798. The company’s stock had a trading volume of 20,084 shares. The stock has a market capitalization of $204.22 million, a price-to-earnings ratio of 14.2482 and a beta of 1.29. The firm has a 50 day moving average of $8.46 and a 200 day moving average of $8.35. Boot Barn Holdings has a 52 week low of $5.90 and a 52 week high of $17.26.

Boot Barn Holdings (NYSE:BOOT) last released its quarterly earnings results on Tuesday, August 1st. The company reported $0.03 earnings per share for the quarter. The company had revenue of $139.40 million for the quarter, compared to analysts’ expectations of $139.00 million. Boot Barn Holdings had a return on equity of 8.58% and a net margin of 2.26%. The business’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.02 earnings per share. Analysts expect that Boot Barn Holdings will post $0.61 EPS for the current year.

TRADEMARK VIOLATION WARNING: “Boot Barn Holdings (BOOT) Earning Favorable Media Coverage, Study Shows” was first published by Community Financial News and is owned by of Community Financial News. If you are accessing this piece of content on another website, it was copied illegally and republished in violation of U.S. & international trademark & copyright law. The correct version of this piece of content can be accessed at https://www.com-unik.info/2017/10/13/boot-barn-holdings-boot-earning-favorable-media-coverage-study-shows.html.

Boot Barn Holdings Company Profile

Boot Barn Holdings, Inc is a lifestyle retailer of western and work-related footwear, apparel and accessories for men, women and children. The Company’s stores are located in or near neighborhood shopping centers with trade areas of approximately five or more miles, and it has opened stores in malls and outlet center locations.

Insider Buying and Selling by Quarter for Boot Barn Holdings (NYSE:BOOT)

What are top analysts saying about Boot Barn Holdings Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Boot Barn Holdings Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit