Boot Barn hinting at a breakout
Boot Barn Holdings remains bullish despite the CEO selling $1 Million of shares, the company has been on a nice run since impressive earnings. Currently trading within a well defined channel and on the verge of a breakout. $37 looks like a good entry point.
AVERAGE ANALYSTS PRICE TARGET $40
AVERAGE ANALYSTS RECOMMENDATION Overweight
P/R RATIO 24
SHORT INTEREST 11%
COMPANY PROFILE
Boot Barn Holdings, Inc. engages in the operation of retail stores of western and work-related footwear, apparel, and accessories. Its products include boots, jeans, accessories, hats, gifts and home products, and work wear. Its brands include Ariat, Wrangler, Lucchese Boots, Idyllwind, and Cinch. The company was founded in 1978 and is headquartered in Irvine, CA.
AVERAGE ANALYSTS PRICE TARGET $40
AVERAGE ANALYSTS RECOMMENDATION Overweight
P/R RATIO 24
SHORT INTEREST 11%
COMPANY PROFILE
Boot Barn Holdings, Inc. engages in the operation of retail stores of western and work-related footwear, apparel, and accessories. Its products include boots, jeans, accessories, hats, gifts and home products, and work wear. Its brands include Ariat, Wrangler, Lucchese Boots, Idyllwind, and Cinch. The company was founded in 1978 and is headquartered in Irvine, CA.
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