What is William Blair’s Forecast for Boot Barn Q3 Earnings?

Boot Barn Holdings, Inc. (NYSE:BOOT) – William Blair dropped their Q3 2025 EPS estimates for shares of Boot Barn in a report released on Tuesday, October 29th. William Blair analyst D. Carden now forecasts that the company will earn $2.02 per share for the quarter, down from their previous forecast of $2.14. The consensus estimate for Boot Barn’s current full-year earnings is $5.29 per share. William Blair also issued estimates for Boot Barn’s FY2025 earnings at $5.41 EPS, Q2 2026 earnings at $1.14 EPS, Q3 2026 earnings at $2.42 EPS and FY2026 earnings at $6.49 EPS.

BOOT has been the topic of a number of other research reports. UBS Group upped their price target on shares of Boot Barn from $127.00 to $165.00 and gave the company a “neutral” rating in a research note on Wednesday, October 16th. Benchmark restated a “buy” rating and set a $192.00 target price on shares of Boot Barn in a research report on Tuesday. BTIG Research increased their price target on shares of Boot Barn from $165.00 to $185.00 and gave the company a “buy” rating in a report on Tuesday. Piper Sandler reissued an “overweight” rating and set a $179.00 price objective on shares of Boot Barn in a research note on Tuesday. Finally, Williams Trading reaffirmed a “buy” rating and issued a $173.00 price objective on shares of Boot Barn in a research note on Tuesday. One research analyst has rated the stock with a sell rating, three have issued a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $164.55.

Boot Barn Price Performance

Shares of BOOT opened at $127.12 on Thursday. The business’s 50 day simple moving average is $154.30 and its 200-day simple moving average is $132.35. Boot Barn has a 1 year low of $66.73 and a 1 year high of $169.83. The stock has a market capitalization of $3.86 billion, a price-to-earnings ratio of 26.48 and a beta of 2.12.

Boot Barn (NYSE:BOOT) last posted its earnings results on Monday, October 28th. The company reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.93 by $0.02. The company had revenue of $425.80 million for the quarter, compared to the consensus estimate of $424.42 million. Boot Barn had a return on equity of 16.44% and a net margin of 8.89%. The firm’s revenue for the quarter was up 13.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.91 earnings per share.

Institutional Trading of Boot Barn

Hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. grew its holdings in Boot Barn by 1.3% during the fourth quarter. Vanguard Group Inc. now owns 2,744,105 shares of the company’s stock worth $210,638,000 after acquiring an additional 35,925 shares during the period. Westwood Holdings Group Inc. increased its holdings in shares of Boot Barn by 29.4% during the 1st quarter. Westwood Holdings Group Inc. now owns 545,644 shares of the company’s stock valued at $51,918,000 after purchasing an additional 124,060 shares in the last quarter. Jennison Associates LLC lifted its stake in shares of Boot Barn by 19.6% in the 1st quarter. Jennison Associates LLC now owns 530,882 shares of the company’s stock valued at $50,513,000 after purchasing an additional 86,969 shares during the period. Capital Research Global Investors purchased a new stake in Boot Barn during the first quarter worth $32,779,000. Finally, Janus Henderson Group PLC grew its position in Boot Barn by 1,212.4% during the first quarter. Janus Henderson Group PLC now owns 285,174 shares of the company’s stock valued at $27,134,000 after buying an additional 263,444 shares during the period.

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.