BOOT Stock Summary and Trading Ideas (Boot Barn Holdings | NYSE:BOOT)

Boot Barn Holdings Inc operates specialty retail stores. The company sells western and work-related footwear, apparel, and accessories in the United States. It is a single operating segment, which includes net sales generated from its retail stores and e-commerce websites.

Boot Barn Holdings trades on the NYSE stock market under the symbol BOOT.

As of April 23, 2024, BOOT stock price climbed to $106.59 with 795,337 million shares trading.

BOOT has a beta of 1.15, meaning it tends to be more sensitive to market movements. BOOT has a correlation of 0.14 to the broad based SPY ETF.

BOOT has a market cap of $3.23 billion. This is considered a Mid Cap stock.

Last quarter Boot Barn Holdings reported $520 million in Revenue and $1.81 earnings per share. This fell short of revenue expectation by $-961,000 and exceeded earnings estimates by $.02.

In the last 3 years, BOOT stock traded as high as $134.50 and as low as $50.20.

The top ETF exchange traded funds that BOOT belongs to (by Net Assets): IJR, VTI, IWM, VXF, VB.

BOOT has outperformed the market in the last year with a price return of +45.6% while the SPY ETF gained +24.3%. BOOT has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +45.7% and +5.5%, respectively, while the SPY returned +4.9% and -2.6%, respectively.

BOOT support price is $100.36 and resistance is $106.00 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BOOT stock will trade within this expected range on the day.