In anticipation of Boot Barn's (BOOT, Financial) upcoming earnings announcement, options activity has intensified, showing a volume that's four times the usual level. Notably, call options are outpacing put options by a ratio of 2:1. Current implied volatility indicates that the market is bracing for an 8.7% stock price fluctuation, or approximately $11.79, following the release of the financial results. Over the last eight quarters, the stock has typically moved by about 10.5% post-earnings.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 13 analysts, the average target price for Boot Barn Holdings Inc (BOOT, Financial) is $154.38 with a high estimate of $200.00 and a low estimate of $100.00. The average target implies an upside of 14.13% from the current price of $135.28. More detailed estimate data can be found on the Boot Barn Holdings Inc (BOOT) Forecast page.
Based on the consensus recommendation from 15 brokerage firms, Boot Barn Holdings Inc's (BOOT, Financial) average brokerage recommendation is currently 1.7, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Boot Barn Holdings Inc (BOOT, Financial) in one year is $114.34, suggesting a downside of 15.48% from the current price of $135.275. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Boot Barn Holdings Inc (BOOT) Summary page.
