Boot Barn stock hits 52-week low at 118.89 USD
Boot Barn Holdings Inc. stock plummeted to a 52-week low of $118.79, trading 43% below its 52-week high of $210.25. Despite this decline, InvestingPro analysts believe the company may be undervalued, placing it on the platform’s Most Undervalued list. Over the past year, the stock has dropped 27.1%, reflecting broader market challenges.
The P/E ratio of 15.22 and PEG ratio of 0.63 suggest favorable valuation metrics. Subscribers receive 11 additional exclusive tips along with comprehensive Pro Research Reports. Boot Barn reported strong first-quarter fiscal 2027 results, with adjusted EPS of $1.91 and revenue of $593.5 million, exceeding estimates by $1.70 and $583.81 million, respectively.
These gains were fueled by an 18% rise in sales from the prior year and the opening of 27 new stores. Analysts have mixed sentiments, with BTIG lowering its price target to $215 from $235 and Stephens raising it to $207 from $196, while JPMorgan maintains an Overweight rating with a $282 target.
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