Boot Barn Stock Target Price and Analyst Consensus
| BOOT Stock | USD 98.61 2.44 2.41% |
The current analyst and expert consensus on Boot Barn is Strong Buy, with 10 strong buy opinions. The current projected Boot Barn target price consensus is 111.38 with 14 analyst opinions. The most common way Boot Barn Holdings analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Boot Barn executives and customers to further validate their buy or sell advice. Boot Barn buy-or-sell recommendation module provides average expert sentiment on the projected Boot Barn Holdings target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Boot Barn to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast 101.36 | Highest Forecast 123.63 | Target Price 111.38 |
Boot |
It's important to approach Boot Barn's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Boot Barn Target Price Consensus
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Boot target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Boot Barn's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 14 | Strong Buy |
Most Boot analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Boot stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Boot Barn Holdings, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationBoot Barn Target Price Projection
Boot Barn's current and average target prices are 98.61 and 111.38, respectively. The current price of Boot Barn is the price at which Boot Barn Holdings is currently trading. On the other hand, Boot Barn's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Boot Barn Market Quote on 18th of April 2024
Target Price
Analyst Consensus On Boot Barn Target Price
Boot Barn Analyst Ratings
Boot Barn's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Boot Barn stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Boot Barn's financials, market performance, and future outlook by experienced professionals. Boot Barn's historical ratings below, therefore, can serve as a valuable tool for investors.Analyst Consensus Breakdown
Average Consensus Estimates
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.
Steps to utilize Boot Barn price targets
Boot Barn's stock target price is an estimate of its future price, usually made by analysts. Using Boot Barn's target price to determine if it is a suitable investment can be done through the following steps:- Look at Boot Barn's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
- Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
- Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
- Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Boot Barn's stock is likely to perform well.
- Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Additional Boot Barn Value Projection Modules
Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Boot Barn is a key component of Boot Barn valuation and have some predictive power on the future returns of a Boot Barn.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Boot Barn's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment. | Investor Favorites Invested over 70 shares | |
 | Manufacturing Invested over 40 shares | |
 | Automobiles and Trucks Invested over 200 shares | |
 | Banking Invested over 30 shares | |
 | Adviser Favorites Invested few shares | |
 | Driverless Cars Invested over 200 shares | |
 | Macroaxis Index Invested few shares | |
 | Momentum Invested over 200 shares | |
Check out Macroaxis Advice on Boot Barn to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for Boot Stock analysis
When running Boot Barn's price analysis, check to measure Boot Barn's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Boot Barn is operating at the current time. Most of Boot Barn's value examination focuses on studying past and present price action to predict the probability of Boot Barn's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boot Barn's price. Additionally, you may evaluate how the addition of Boot Barn to your portfolios can decrease your overall portfolio volatility.
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data |
The data published in Boot Barn's official financial statements usually reflect Boot Barn's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Boot Barn Holdings. For example, before you start analyzing numbers published by Boot accountants, it's critical to develop an understanding of what Boot Barn's liquidity, profitability, and earnings quality are in the context of the Specialty Retail space in which it operates.
Please note, the presentation of Boot Barn's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Boot Barn's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Boot Barn's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Boot Barn Holdings. Please utilize our Beneish M Score to check the likelihood of Boot Barn's management manipulating its earnings.