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BOOT

Boot Barn HoldingsNYSE:BOOT Stock Report

Market Cap

US$2.8b

7D

8.1%

1Y

262.7%

Updated

23 Sep, 2021

Data

Company Financials +
BOOT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance6/6
Financial Health6/6
Dividends0/6

BOOT Overview

Boot Barn Holdings, Inc., a lifestyle retail chain, operates specialty retail stores in the United States.

Boot Barn Holdings Competitors

TJX Companies

NYSE:TJX

US$83.6b

Ross Stores

NasdaqGS:ROST

US$40.6b

Burlington Stores

NYSE:BURL

US$19.7b

Gap

NYSE:GPS

US$8.9b

Price History & Performance

Summary of all time highs, changes and price drops for Boot Barn Holdings
Historical stock prices
Current Share PriceUS$96.81
52 Week HighUS$25.91
52 Week LowUS$97.68
Beta2.94
1 Month Change10.14%
3 Month Change14.58%
1 Year Change262.72%
3 Year Change245.13%
5 Year Change779.29%
Change since IPO445.41%

Recent News & Updates

Shareholder Returns

BOOTUS Specialty RetailUS Market
7D8.1%0.07%-0.5%
1Y262.7%57.3%37.5%

Return vs Industry: BOOT exceeded the US Specialty Retail industry which returned 52.7% over the past year.

Return vs Market: BOOT exceeded the US Market which returned 36.2% over the past year.

Price Volatility

Is BOOT's price volatile compared to industry and market?
BOOT volatility
BOOT Beta2.94
Industry Beta1.56
Market Beta1

Stable Share Price: BOOT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: BOOT's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19783,200Jim Conroyhttps://www.bootbarn.com

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.

Boot Barn Holdings Fundamentals Summary

How do Boot Barn Holdings's earnings and revenue compare to its market cap?
BOOT fundamental statistics
Market CapUS$2.76b
Earnings (TTM)US$100.52m
Revenue (TTM)US$1.05b

28.4x

P/E Ratio

2.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BOOT income statement (TTM)
RevenueUS$1.05b
Cost of RevenueUS$637.70m
Gross ProfitUS$414.35m
ExpensesUS$313.83m
EarningsUS$100.52m

Last Reported Earnings

Jun 26, 2021

Next Earnings Date

n/a

Earnings per share (EPS)3.46
Gross Margin39.39%
Net Profit Margin9.55%
Debt/Equity Ratio11.2%

How did BOOT perform over the long term?

See historical performance and comparison

Valuation

Is Boot Barn Holdings undervalued compared to its fair value and its price relative to the market?

28.44x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: BOOT ($96.81) is trading above our estimate of fair value ($38.14)

Significantly Below Fair Value: BOOT is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: BOOT is poor value based on its PE Ratio (28.4x) compared to the US Specialty Retail industry average (10.4x).

PE vs Market: BOOT is poor value based on its PE Ratio (28.4x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

PEG Ratio: BOOT is poor value based on its PEG Ratio (6.9x)


Price to Book Ratio

PB vs Industry: BOOT is overvalued based on its PB Ratio (6.5x) compared to the US Specialty Retail industry average (2.9x).


Future Growth

How is Boot Barn Holdings forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

4.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BOOT's forecast earnings growth (4.1% per year) is above the savings rate (2%).

Earnings vs Market: BOOT's earnings (4.1% per year) are forecast to grow slower than the US market (14.9% per year).

High Growth Earnings: BOOT's earnings are forecast to grow, but not significantly.

Revenue vs Market: BOOT's revenue (6.9% per year) is forecast to grow slower than the US market (9.8% per year).

High Growth Revenue: BOOT's revenue (6.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BOOT's Return on Equity is forecast to be high in 3 years time (21.8%)


Past Performance

How has Boot Barn Holdings performed over the past 5 years?

32.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BOOT has high quality earnings.

Growing Profit Margin: BOOT's current net profit margins (9.6%) are higher than last year (4.7%).


Past Earnings Growth Analysis

Earnings Trend: BOOT's earnings have grown significantly by 32.5% per year over the past 5 years.

Accelerating Growth: BOOT's earnings growth over the past year (165.6%) exceeds its 5-year average (32.5% per year).

Earnings vs Industry: BOOT earnings growth over the past year (165.6%) exceeded the Specialty Retail industry 158.2%.


Return on Equity

High ROE: BOOT's Return on Equity (22.9%) is considered high.


Financial Health

How is Boot Barn Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: BOOT's short term assets ($376.5M) exceed its short term liabilities ($248.8M).

Long Term Liabilities: BOOT's short term assets ($376.5M) exceed its long term liabilities ($261.8M).


Debt to Equity History and Analysis

Debt Level: BOOT's debt to equity ratio (11.2%) is considered satisfactory.

Reducing Debt: BOOT's debt to equity ratio has reduced from 155.4% to 11.2% over the past 5 years.

Debt Coverage: BOOT's debt is well covered by operating cash flow (363.2%).

Interest Coverage: BOOT's interest payments on its debt are well covered by EBIT (14.8x coverage).


Balance Sheet


Dividend

What is Boot Barn Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate BOOT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate BOOT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BOOT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BOOT's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BOOT's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.7yrs

Average management tenure


CEO

Jim Conroy (51 yo)

9.67yrs

Tenure

US$4,057,401

Compensation

Mr. James G. Conroy, also known as Jim, serves as Director at Party City Holdco Inc. since September 11, 2019. Mr. Conroy has been the Chief Executive Officer and President of Boot Barn Holdings, Inc. sinc...


CEO Compensation Analysis

Compensation vs Market: Jim's total compensation ($USD4.06M) is about average for companies of similar size in the US market ($USD5.28M).

Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: BOOT's management team is seasoned and experienced (6.7 years average tenure).


Board Members

Experienced Board: BOOT's board of directors are considered experienced (3.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: BOOT insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.3%.


Top Shareholders

Company Information

Boot Barn Holdings, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Boot Barn Holdings, Inc.
  • Ticker: BOOT
  • Exchange: NYSE
  • Founded: 1978
  • Industry: Apparel Retail
  • Sector: Retail
  • Market Cap: US$2.765b
  • Shares outstanding: 29.53m
  • Website: https://www.bootbarn.com

Number of Employees


Location

  • Boot Barn Holdings, Inc.
  • 15345 Barranca Parkway
  • Irvine
  • California
  • 92618
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/23 23:07
End of Day Share Price2021/09/23 00:00
Earnings2021/06/26
Annual Earnings2021/03/27


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.