Is BOOT a good stock to buy right now?

Based on our 6-factor quantitative model, Boot Barn Holdings, Inc. (BOOT) receives a "Hold" rating with a composite score of 42.0/100. It is ranked #1,862 out of 4,446 stocks. Key factor scores: Quality 50/100, Value 50/100, Momentum 48/100. The timing signal is "Neutral". This is quantitative analysis only — not investment advice.

What is the stock rating for BOOT?

Boot Barn Holdings, Inc. (BOOT) has a "Hold" rating and 3-star score. The composite score of 42.0 ranks it #1,862 among 4,446 U.S. stocks. Ratings are updated weekly using academically-proven factor models.

What sector is BOOT in?

Boot Barn Holdings, Inc. operates in the Consumer Discretionary sector (Retail industry) with a market cap of $4.37 billion. It is classified as a mid-cap stock.

Does BOOT pay a dividend?

BOOT does not currently pay a regular dividend. The company may be reinvesting profits for growth.

What is BOOT's P/E ratio?

BOOT has a trailing P/E ratio of 17.77x. The Consumer Discretionary sector average is 24.5x. This P/E is in a moderate range relative to the broader market.

How profitable is BOOT?

BOOT's quality factor score is 50/100. Gross margin: 38.7%. ROE: 20.0% vs sector average 6.2%. Margins are moderate to low, reflecting competitive market dynamics.

How is BOOT valued compared to peers?

BOOT's value factor score is 50/100 (higher = cheaper). Key multiples: P/E 17.8x, EV/EBITDA 13.3x. Valuation is roughly in line with peers.

What is BOOT's debt level?

BOOT's debt-to-equity ratio is 87%. Sector average: 89%. Moderate leverage is normal for established companies.

BOOT has a beta of 1.47, meaning it amplifies market moves. Stability score: 46/100.

Does BOOT have high short interest?

BOOT's short interest factor score is 6/100 (higher = less short selling). Elevated short interest may indicate bearish sentiment or short squeeze potential.

BOOT Stock Analysis: Top Mid-Cap Hold (Score 42.0/100) | Blank Capital Research

Data Series	1D	5D	1M	YTD	1Y	3Y	5Y	10Y
BOOT	-1.69%	+14.79%	-10.40%	-12.08%	+56.73%	-	-	-
Industry Proxy XLY	+0.13%	+4.38%	-1.35%	-5.46%	-39.92%	-	-	-
U.S. Market SPY	-0.07%	+3.60%	+0.34%	-0.36%	+29.52%	-	-	-
Alpha vs Market	-1.63%	+11.19%	-10.73%	-11.72%	+27.21%	-	-	-
Alpha vs Sector	-1.82%	+10.41%	-9.04%	-6.62%	+96.65%	-	-	-

Metric	BOOT	Benchmark
P/E Ratio	17.8x	-27%
EV/EBITDA	13.3x	+172%
Price / Book	3.5x

Stock Entity	Score▼	Quality	Value	Momentum	P/E Ratio	ROE	Gross Margin	Net Margin	Rev Growth	D/E Ratio	Market Cap	Compare
CASY CASEYS GENERAL STORES INC	57	50	68	67	42.2x	16.9%	24.0%	3.8%	0.3%	123.0x	$27.2B	VS
TGT TARGET CORP	53	50	70	56	16.2x	20.7%	28.4%	3.4%	-0.7%	89.0x	$54.5B	VS
APEI AMERICAN PUBLIC EDUCATION INC	53	49	58	72	78.3x	4.6%	52.8%	2.1%	6.8%	32.0x	$1.1B	VS
LINC LINCOLN EDUCATIONAL SERVICES CORP	52	50	48	75	116.7x	5.6%	59.2%	2.3%	37.4%	147.0x	$1.3B	VS
FIVE FIVE BELOW, INC	52	50	56	73	105.5x	5.4%	32.5%	3.1%	26.5%	125.0x	$13.0B	VS
IMKTA INGLES MARKETS INC	51	50	51	62	17.4x	6.2%	23.9%	1.9%	0.4%	57.0x	$1.7B	VS
PRDO PERDOCEO EDUCATION Corp	51	50	70	57	14.2x	16.7%	100.0%	20.4%	27.1%	28.0x	$2.4B	VS
MCRI MONARCH CASINO & RESORT INC	51	50	66	47	16.7x	19.7%	24.5%	19.4%	11.5%	33.0x	$1.7B	VS
FCFS FirstCash Holdings, Inc.	49	50	29	66	34.7x	10.8%	50.2%	8.0%	26.6%	98.0x	$8.4B	VS
ESCA ESCALADE INC	48	50	65	51	15.2x	9.0%	26.1%	6.2%	8.4%	11.0x	$249M	VS
BOOT Boot Barn Holdings, Inc.	42	50	50	48	17.8x	20.0%	38.7%	10.9%	65.7%	87.0x	$4.4B

Key Ratio	TTM	2026	2025	2024	2023	2022	2021	2020	2019	2018	2017
Gross Margin %	0.4%	0.4%	0.4%	0.4%	0.4%	0.4%	0.3%	0.3%	0.3%	0.3%	0.3%
Operating Margin %	0.1%	0.2%	0.1%	0.1%	0.1%	0.2%	0.1%	0.1%	0.1%	0.1%	0.1%
EBITDA Margin %	0.1%	0.2%	0.1%	0.1%	0.1%	0.2%	0.2%	0.2%	0.1%	0.1%	0.1%
Net Margin %	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.0%	0.0%
FCF Margin %	-	-	-	-	-	-	14.3%	-1.4%	4.6%	2.9%	3.0%
ROE %	0.2%	0.1%	0.2%	0.2%	0.2%	0.3%	0.2%	0.1%	0.1%	0.1%	0.1%
ROA %	0.1%	0.0%	0.1%	0.1%	0.1%	0.2%	0.1%	0.1%	0.1%	0.0%	0.0%
ROIC %	21.0%	7.1%	16.7%	16.6%	23.6%	34.0%	15.8%	11.9%	11.9%	8.8%	7.4%

Key Ratio

TTM

2026

2025

2024

2023

2022

2021

2020

2019

2018

2017

Gross Margin %

0.4%

0.3%

Operating Margin %

0.1%

0.2%

0.1%

0.2%

0.1%

EBITDA Margin %

0.1%

0.2%

0.1%

0.2%

0.1%

Net Margin %

0.1%

0.0%

FCF Margin %

14.3%

-1.4%

4.6%

2.9%

3.0%

ROE %

0.2%

0.1%

0.2%

0.3%

0.2%

0.1%

ROA %

0.1%

0.0%

0.1%

0.2%

0.1%

0.0%

ROIC %

21.0%

7.1%

16.7%

16.6%

23.6%

34.0%

15.8%

11.9%

8.8%

7.4%

Line Item	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
	$2.3B	$1.9B	$1.7B	$1.7B	$1.5B	$893M	$846M	$777M	$678M	$630M	$569M	$403M
	—	$1.2B	$1.1B	$1.0B	$913M	—	—	—	—	—	—	—
	$901M	$717M	$614M	$611M	$575M	$295M	$276M	$251M	$208M	$190M	$173M	$135M
Gross Margin	38.7%	37.5%	36.9%	36.8%	38.6%	33.0%	32.7%	32.4%	30.7%	30.1%	30.4%	33.5%
	—	$478M	$416M	$379M	$317M	—	—	—	—	—	—	—
Depreciation	—	—	—	—	—	$59M	$53M	$20M	$18M	$18M	$16M	$13M
Total Operating Expenses	—	$478M	$416M	$379M	$317M	—	—	—	—	—	—	—
	$341M	$239M	$198M	$232M	$258M	$86M	$74M	$64M	$46M	$38M	$30M	$35M
EBIT	$341M	$239M	$198M	$232M	$258M	$86M	$74M	$64M	$46M	$38M	$30M	$35M
EBITDA	$341M	$239M	$198M	$232M	$258M	$146M	$127M	$84M	$65M	$56M	$46M	$48M
Operating Margin	14.5%	12.5%	11.9%	14.0%	17.4%	9.7%	8.7%	8.3%	6.8%	6.0%	5.3%	8.8%
EBITDA Margin	14.7%	12.5%	11.9%	14.0%	17.4%	16.3%	15.0%	10.9%	9.5%	8.8%	8.1%	12.0%
	—	—	—	—	—	—	—	—	$15M	$15M	$13M	$13M
	—	$240M	$197M	$226M	$253M	—	—	—	—	—	—	—
Income Tax Expense	—	$59M	$50M	$55M	$60M	$18M	$12M	$9M	$2M	$9M	$7M	$8M
	$257M	$181M	$147M	$171M	$192M	$59M	$48M	$39M	$29M	$14M	$10M	$14M
Net Margin	10.9%	9.5%	8.8%	10.3%	12.9%	6.7%	5.7%	5.0%	4.3%	2.3%	1.7%	3.4%
	$2.82	$5.93	$4.87	$5.72	$6.51	$2.05	$1.68	$1.39	$1.08	$0.54	$0.38	$0.56
Diluted EPS	$2.82	$5.88	$4.80	$5.62	$6.33	$2.05	$1.68	$1.39	$1.08	$0.54	$0.38	$0.56
Weighted Avg Basic	—	31M	30M	30M	30M	—	—	—	—	—	—	—
Weighted Avg Diluted	—	31M	31M	30M	30M	—	—	—	—	—	—	—

Line Item

TTM

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

$2.3B

$1.9B

$1.7B

$1.5B

$893M

$846M

$777M

$678M

$630M

$569M

$403M

—

$1.2B

$1.1B

$1.0B

$913M

—

$901M

$717M

$614M

$611M

$575M

$295M

$276M

$251M

$208M

$190M

$173M

$135M

Gross Margin

38.7%

37.5%

36.9%

36.8%

38.6%

33.0%

32.7%

32.4%

30.7%

30.1%

30.4%

33.5%

—

$478M

$416M

$379M

$317M

—

Depreciation

—

$59M

$53M

$20M

$18M

$16M

$13M

Total Operating Expenses

—

$478M

$416M

$379M

$317M

—

$341M

$239M

$198M

$232M

$258M

$86M

$74M

$64M

$46M

$38M

$30M

$35M

EBIT

$341M

$239M

$198M

$232M

$258M

$86M

$74M

$64M

$46M

$38M

$30M

$35M

EBITDA

$341M

$239M

$198M

$232M

$258M

$146M

$127M

$84M

$65M

$56M

$46M

$48M

Operating Margin

14.5%

12.5%

11.9%

14.0%

17.4%

9.7%

8.7%

8.3%

6.8%

6.0%

5.3%

8.8%

EBITDA Margin

14.7%

12.5%

11.9%

14.0%

17.4%

16.3%

15.0%

10.9%

9.5%

8.8%

8.1%

12.0%

—

$15M

$13M

—

$240M

$197M

$226M

$253M

—

Income Tax Expense

—

$59M

$50M

$55M

$60M

$18M

$12M

$9M

$2M

$9M

$7M

$8M

$257M

$181M

$147M

$171M

$192M

$59M

$48M

$39M

$29M

$14M

$10M

$14M

Net Margin

10.9%

9.5%

8.8%

10.3%

12.9%

6.7%

5.7%

5.0%

4.3%

2.3%

1.7%

3.4%

$2.82

$5.93

$4.87

$5.72

$6.51

$2.05

$1.68

$1.39

$1.08

$0.54

$0.38

$0.56

Diluted EPS

$2.82

$5.88

$4.80

$5.62

$6.33

$2.05

$1.68

$1.39

$1.08

$0.54

$0.38

$0.56

Weighted Avg Basic

—

31M

30M

—

Weighted Avg Diluted

—

31M

30M

—

Boot Barn Holdings, Inc. (BOOT) Stock Analysis — April 2026 Rating, Price, and Forecast

Last updated: April 2026

Company Overview — What Does Boot Barn Holdings, Inc. Do?

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. The company also provides gifts and home merchandise. As of May 12, 2021, it operated 275 stores in 36 states. The company also sells its products through e-commerce websites, including bootbarn.com; sheplers.com; and countryoutfitter.com. The company was formerly known as WW Top Investment Corporation and changed its name to Boot Barn Holdings, Inc. in June 2014. Boot Barn Holdings, Inc. was founded in 1978 and is based in Irvine, California. Boot Barn Holdings, Inc. (BOOT) is classified as a mid-cap stock in the Consumer Discretionary sector, specifically within the Retail industry. The company is led by CEO James G. Conroy and employs approximately 8,400 people, headquartered in IRVINE, California. With a market capitalization of $4.4B, BOOT is one of the notable companies in the Consumer Discretionary sector.

Boot Barn Holdings, Inc. (BOOT) Stock Rating — Hold (April 2026)

As of April 2026, Boot Barn Holdings, Inc. receives a Hold rating with a composite score of 42.0/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.BOOT ranks #1,862 out of 4,446 stocks in our coverage universe. Within the Consumer Discretionary sector, Boot Barn Holdings, Inc. ranks #172 of 442 stocks, placing it in the upper half of its Consumer Discretionary peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

BOOT Stock Price and 52-Week Range

Boot Barn Holdings, Inc. (BOOT) currently trades at $155.15. The stock lost $2.67 (1.7%) in the most recent trading session. The 52-week high for BOOT is $210.25, which means the stock is currently trading -26.2% from its annual peak. The 52-week low is $86.17, putting the stock 80.1% above its annual trough. Recent trading volume was 506K shares, suggesting relatively thin trading activity.

Is BOOT Overvalued or Undervalued? — Valuation Analysis

Boot Barn Holdings, Inc. (BOOT) carries a value factor score of 50/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 17.77x, compared to the Consumer Discretionary sector average of 24.47x — a discount of 27%. The price-to-book ratio stands at 3.55x, versus the sector average of 1.99x. The price-to-sales ratio is 1.96x, compared to 0.27x for the average Consumer Discretionary stock. On an enterprise value basis, BOOT trades at 13.35x EV/EBITDA, versus 4.91x for the sector.

Overall, BOOT's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.

Boot Barn Holdings, Inc. Profitability — ROE, Margins, and Quality Score

Boot Barn Holdings, Inc. (BOOT) earns a quality factor score of 50/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 20.0%, compared to the Consumer Discretionary sector average of 6.2%, which is within a healthy range. Return on assets (ROA) comes in at 10.7% versus the sector average of 2.5%.

On a margin basis, Boot Barn Holdings, Inc. reports gross margins of 38.7%, compared to 36.9% for the sector. The operating margin is 14.5% (sector: 3.8%). Net profit margin stands at 10.9%, versus 2.1% for the average Consumer Discretionary stock. Revenue growth is running at 65.7% on a trailing basis, compared to 3.3% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.

BOOT Debt, Balance Sheet, and Financial Health

Boot Barn Holdings, Inc. has a debt-to-equity ratio of 87.0%, compared to the Consumer Discretionary sector average of 89.0%. Leverage is within a manageable range for the industry, though investors should monitor debt trends over time. The current ratio is 2.40x, indicating strong short-term liquidity.

BOOT has a beta of 1.47, meaning it is more volatile than the broader market — a $10,000 investment in BOOT would be expected to move 47.0% more than the S&P 500 on any given day. The stability factor score for Boot Barn Holdings, Inc. is 46/100, reflecting average volatility within the normal range for its sector.

Boot Barn Holdings, Inc. Revenue and Earnings History — Quarterly Trend

In TTM 2026, Boot Barn Holdings, Inc. reported revenue of $2.32B and earnings per share (EPS) of $2.82. Net income for the quarter was $257M. Gross margin was 38.7%. Operating income came in at $341M.

In Q3 2026, Boot Barn Holdings, Inc. reported revenue of $706M and earnings per share (EPS) of $2.82. Net income for the quarter was $86M. Gross margin was 39.9%. Revenue grew 16.0% year-over-year compared to Q3 2025. Operating income came in at $115M.

In Q2 2026, Boot Barn Holdings, Inc. reported revenue of $505M and earnings per share (EPS) of $1.38. Net income for the quarter was $42M. Gross margin was 36.4%. Revenue grew 18.7% year-over-year compared to Q2 2025. Operating income came in at $56M.

In Q1 2026, Boot Barn Holdings, Inc. reported revenue of $504M and earnings per share (EPS) of $1.75. Net income for the quarter was $53M. Gross margin was 39.1%. Revenue grew 19.1% year-over-year compared to Q1 2025. Operating income came in at $71M.

Over the past 8 quarters, Boot Barn Holdings, Inc. has demonstrated a growth trajectory, with revenue expanding from $423M to $2.32B. Investors analyzing BOOT stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

BOOT Dividend Yield and Income Analysis

Boot Barn Holdings, Inc. (BOOT) does not currently pay a dividend. This is common among smaller companies in the Retail industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Consumer Discretionary dividend stocks may want to explore other Consumer Discretionary stocks or use the stock screener to filter by dividend yield.

BOOT Momentum and Technical Analysis Profile

Boot Barn Holdings, Inc. (BOOT) has a momentum factor score of 48/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 22/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 6/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.

BOOT vs Competitors — Consumer Discretionary Sector Ranking and Peer Comparison

Within the Consumer Discretionary sector, Boot Barn Holdings, Inc. (BOOT) ranks #172 out of 442 stocks based on the Blank Capital composite score. This places BOOT in the upper half of all Consumer Discretionary stocks in our coverage universe. Key competitors and sector peers include MONARCH CASINO & RESORT INC (MCRI) with a score of 50.5/100, CASEYS GENERAL STORES INC (CASY) with a score of 57.3/100, INGLES MARKETS INC (IMKTA) with a score of 51.0/100, FIVE BELOW, INC (FIVE) with a score of 51.6/100, and TARGET CORP (TGT) with a score of 52.6/100.

Comparing BOOT against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full BOOT vs S&P 500 (SPY) comparison to assess how Boot Barn Holdings, Inc. stacks up against the broader market across all factor dimensions.

BOOT Next Earnings Date

No upcoming earnings date has been announced for Boot Barn Holdings, Inc. (BOOT) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy BOOT? — Investment Thesis Summary

Boot Barn Holdings, Inc. presents a balanced picture with arguments on both sides.

In summary, Boot Barn Holdings, Inc. (BOOT) earns a Hold rating with a composite score of 42.0/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on BOOT stock.

Related Resources for BOOT Investors

Explore more research and tools: BOOT vs S&P 500 comparison, top Consumer Discretionary stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare BOOT head-to-head with peers: BOOT vs MCRI, BOOT vs CASY, BOOT vs IMKTA.

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Boot Barn Holdings, Inc. (BOOT) Stock Analysis — April 2026 Rating, Price, and Forecast

Company Overview — What Does Boot Barn Holdings, Inc. Do?

Boot Barn Holdings, Inc. (BOOT) Stock Rating — Hold (April 2026)

BOOT Stock Price and 52-Week Range

Is BOOT Overvalued or Undervalued? — Valuation Analysis

Boot Barn Holdings, Inc. Profitability — ROE, Margins, and Quality Score

BOOT Debt, Balance Sheet, and Financial Health

Boot Barn Holdings, Inc. Revenue and Earnings History — Quarterly Trend

BOOT Dividend Yield and Income Analysis

BOOT Momentum and Technical Analysis Profile

BOOT vs Competitors — Consumer Discretionary Sector Ranking and Peer Comparison

BOOT Next Earnings Date

Should You Buy BOOT? — Investment Thesis Summary

Related Resources for BOOT Investors

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Boot Barn Upgraded To Buy As Jefferies Sees Favorable Risk-Reward

Boot Barn Holdings shares are trading higher after Jefferies upgraded its rating on the stock from Hold to Buy and maintained its $195 price target.