Boot Barn (NYSE:BOOT) Stock Price Down 4.4% – Should You Sell?

22 Jan 2026, 23:18 by Sarita Garza · The Markets Daily

Boot Barn Holdings, Inc. (NYSE:BOOT – Get Free Report)’s share price fell 4.4% on Thursday . The stock traded as low as $189.47 and last traded at $190.0820. 250,283 shares changed hands during mid-day trading, a decline of 61% from the average session volume of 648,581 shares. The stock had previously closed at $198.78.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on BOOT shares. Jefferies Financial Group increased their price target on Boot Barn from $180.00 to $195.00 and gave the company a “hold” rating in a report on Monday, January 12th. The Goldman Sachs Group began coverage on shares of Boot Barn in a report on Thursday, December 11th. They issued a “buy” rating and a $225.00 target price for the company. Zacks Research cut Boot Barn from a “strong-buy” rating to a “hold” rating in a report on Monday, January 5th. TD Cowen restated a “buy” rating on shares of Boot Barn in a research report on Thursday, October 30th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Boot Barn in a report on Wednesday, October 8th. Eleven investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $206.08.

View Our Latest Stock Report on Boot Barn

Boot Barn Price Performance

The firm has a fifty day simple moving average of $190.63 and a two-hundred day simple moving average of $181.38. The firm has a market cap of $5.73 billion, a price-to-earnings ratio of 27.82, a P/E/G ratio of 1.46 and a beta of 1.61.

Boot Barn (NYSE:BOOT – Get Free Report) last posted its quarterly earnings data on Wednesday, October 29th. The company reported $1.37 EPS for the quarter, topping the consensus estimate of $1.26 by $0.11. The business had revenue of $505.40 million during the quarter, compared to the consensus estimate of $493.70 million. Boot Barn had a net margin of 10.05% and a return on equity of 18.11%. The business’s revenue for the quarter was up 18.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.95 earnings per share. Boot Barn has set its Q3 2026 guidance at 2.470-2.590 EPS and its FY 2026 guidance at 6.750-7.150 EPS. Equities analysts anticipate that Boot Barn Holdings, Inc. will post 5.82 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Boot Barn news, Chairman Peter Starrett sold 6,498 shares of the company’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $190.00, for a total value of $1,234,620.00. Following the sale, the chairman directly owned 9,599 shares of the company’s stock, valued at approximately $1,823,810. This represents a 40.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Gene Eddie Burt sold 1,200 shares of the firm’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $191.41, for a total value of $229,692.00. Following the sale, the director directly owned 3,338 shares in the company, valued at approximately $638,926.58. This trade represents a 26.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.66% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Campbell Newman Asset Management Inc. lifted its stake in Boot Barn by 0.5% in the 3rd quarter. Campbell Newman Asset Management Inc. now owns 12,944 shares of the company’s stock valued at $2,145,000 after buying an additional 60 shares in the last quarter. Park Avenue Securities LLC raised its position in shares of Boot Barn by 2.4% during the 3rd quarter. Park Avenue Securities LLC now owns 2,826 shares of the company’s stock valued at $468,000 after buying an additional 66 shares during the period. Verdence Capital Advisors LLC grew its holdings in shares of Boot Barn by 3.4% during the 2nd quarter. Verdence Capital Advisors LLC now owns 2,270 shares of the company’s stock worth $345,000 after purchasing an additional 74 shares during the period. Koshinski Asset Management Inc. lifted its position in Boot Barn by 5.3% in the third quarter. Koshinski Asset Management Inc. now owns 1,538 shares of the company’s stock valued at $255,000 after buying an additional 78 shares during the last quarter. Finally, Amalgamated Bank increased its position in shares of Boot Barn by 0.9% during the third quarter. Amalgamated Bank now owns 8,755 shares of the company’s stock valued at $1,451,000 after acquiring an additional 79 shares during the last quarter.

About Boot Barn

(Get Free Report)

Boot Barn, Inc is a leading specialty retailer focused on western and work-related footwear, apparel and accessories. The company operates full-price and outlet retail stores under the Boot Barn and BootBarn.com brands, offering a wide assortment of cowboy boots, work boots, casual and fashion footwear, western and work apparel, hats, belts and related accessories. In addition to its brick-and-mortar network, Boot Barn maintains an e-commerce platform to serve customers seeking ranch-and-rodeo style clothing and rugged workwear from coast to coast.