Baird analyst Jonathan Komp upgrades $Boot Barn Holdings (BOOT.US)$ to a buy rating, and maintains the target price at $167.
According to TipRanks data, the analyst has a success rate of 53.8% and a total average return of 13.3% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Boot Barn Holdings (BOOT.US)$'s main analysts recently are as follows:
Boot Barn's recent fiscal Q2 report surpassed expectations and indicated a positive trend, with the company not only exceeding projections but also raising future ones. This improvement was primarily driven by a notable increase in transaction growth. Additionally, the leadership change comes after a well-planned multi-year succession process.
Boot Barn's fiscal Q2 same-store-sales results were robust compared to market expectations, although earnings did not meet market forecasts mainly due to elevated incentive compensation and one-off legal expenses. The company is perceived to be regaining strong same-store-sales momentum, and it is approaching its target of a 20% earnings growth model.
Following the recent 20% decline in Boot Barn's share value, primarily attributed to the unexpected CEO change among other minor challenges which are not considered problematic, there is now perceived to be a more attractive risk/reward scenario. Confidence remains in Boot Barn's capacity for generating favorable relative earnings growth, bolstered by opportunities for unit expansion. It's noted that the company's valuation has fallen below the median of its peers, and there is a potential for significant upside within the next year, with limited further downside, which supports a more positive outlook.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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贝雅分析师Jonathan Komp上调$Boot Barn Holdings (BOOT.US)$至买入评级，维持目标价167美元。
根据TipRanks数据显示，该分析师近一年总胜率为53.8%，总平均回报率为13.3%。
此外，综合报道，$Boot Barn Holdings (BOOT.US)$近期主要分析师观点如下：
Boot Barn最近的财务Q2报告超出预期，并显示出积极的趋势，公司不仅超出了预期，还提高了未来的预测。这一改善主要是由显着增长的交易量推动的。此外，领导层变动是在经过精心策划的多年接班过程后发生的。
与市场预期相比，Boot Barn财政Q2同店销售结果强劲，尽管盈利未达到市场预期，主要是由于提高的激励性报酬和一次性法律费用。公司被认为正在重新获得强劲的同店销售势头，并正在接近其20%盈利增长模型的目标。
在Boot Barn股价最近出现20%的下跌后，主要归因于意外的CEO变动以及其他一些不被视为问题的挑战，现在被认为存在更有吸引力的风险/回报情景。对Boot Barn产生有利的相对盈利增长能力仍然充满信心，受益于单位扩张的机会。值得注意的是，公司的估值已经低于同行业的中值，并且在未来一年内存在巨大上涨的潜力，同时下行风险有限，这支持了更为积极的展望。
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