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:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
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.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
貝雅分析師Jonathan Komp上調$Boot Barn Holdings (BOOT.US)$至買入評級，維持目標價167美元。
根據TipRanks數據顯示，該分析師近一年總勝率為53.8%，總平均回報率為13.3%。
此外，綜合報道，$Boot Barn Holdings (BOOT.US)$近期主要分析師觀點如下：
Boot Barn最近的財務Q2報告超出預期，並顯示出積極的趨勢，公司不僅超出了預期，還提高了未來的預測。這一改善主要是由顯着增長的交易量推動的。此外，領導層變動是在經過精心策劃的多年接班過程後發生的。
與市場預期相比，Boot Barn財政Q2同店銷售結果強勁，儘管盈利未達到市場預期，主要是由於提高的激勵性報酬和一次性法律費用。公司被認爲正在重新獲得強勁的同店銷售勢頭，並正在接近其20%盈利增長模型的目標。
在Boot Barn股價最近出現20%的下跌後，主要歸因於意外的CEO變動以及其他一些不被視爲問題的挑戰，現在被認爲存在更有吸引力的風險/回報情景。對Boot Barn產生有利的相對盈利增長能力仍然充滿信心，受益於單位擴張的機會。值得注意的是，公司的估值已經低於同行業的中值，並且在未來一年內存在巨大上漲的潛力，同時下行風險有限，這支持了更爲積極的展望。
提示:
TipRanks為獨立第三方，提供金融分析師的分析數據，並計算分析師推薦的平均回報率和勝率。提供的信息並非投資建議，僅供参考。本文不對評級數據和報告的完整性與準確性做出認可、聲明或保證。
TipRanks提供每位分析師的星級，分析師星級代表分析師所有推薦的過往表現，通過分析師的總勝率和平均回報率综合計算得出，星星越多，則該分析師過往表現越優異，最高爲5颗星。
分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否，取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。
總平均回報率為基於分析師的初始評級創建虚擬投資組合，並根據評級變化對組合進行調整，在近一年中該投資組合所獲得的回報率。
