Boot Barn Holdings Stock Buy Hold or Sell Recommendation
| BOOT Stock | USD 136.29 3.64 2.74% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Boot Barn Holdings is 'Cautious Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Boot Barn Holdings given historical horizon and risk tolerance towards Boot Barn. When Macroaxis issues a 'buy' or 'sell' recommendation for Boot Barn Holdings, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Boot Barn Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Boot and provide practical buy, sell, or hold advice based on investors' constraints. Boot Barn Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
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Execute Boot Barn Buy or Sell Advice
The Boot recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Boot Barn Holdings. Macroaxis does not own or have any residual interests in Boot Barn Holdings or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Boot Barn's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Boot Barn Trading Alerts and Improvement Suggestions
| Boot Barn Holdings generated a negative expected return over the last 90 days | |
| Boot Barn Holdings has high historical volatility and very poor performance | |
| Over 99.0% of the company shares are held by institutions such as insurance companies |
Boot Barn Returns Distribution Density
The distribution of Boot Barn's historical returns is an attempt to chart the uncertainty of Boot Barn's future price movements. The chart of the probability distribution of Boot Barn daily returns describes the distribution of returns around its average expected value. We use Boot Barn Holdings price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Boot Barn returns is essential to provide solid investment advice for Boot Barn.
| Mean Return | -0.0053 | Value At Risk | -3.12 | Potential Upside | 2.98 | Standard Deviation | 3.29 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Boot Barn historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Boot Barn Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Boot Barn or Specialty Retail sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Boot Barn's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Boot stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 0.39 | |
σ | Overall volatility | 3.29 | |
Ir | Information ratio | -0.03 |
Boot Barn Volatility Alert
Boot Barn Holdings exhibits very low volatility with skewness of -3.0 and kurtosis of 21.2. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Boot Barn's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Boot Barn's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Boot Barn Fundamentals Vs Peers
Comparing Boot Barn's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Boot Barn's direct or indirect competition across all of the common fundamentals between Boot Barn and the related equities. This way, we can detect undervalued stocks with similar characteristics as Boot Barn or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Boot Barn's fundamental indicators could also be used in its relative valuation, which is a method of valuing Boot Barn by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Boot Barn to competition |
| Fundamentals | Boot Barn | Peer Average |
| Return On Equity | 0.16 | -0.31 |
| Return On Asset | 0.0746 | -0.14 |
| Profit Margin | 0.09 % | (1.27) % |
| Operating Margin | 0.09 % | (5.51) % |
| Current Valuation | 4.53 B | 16.62 B |
| Shares Outstanding | 30.53 M | 571.82 M |
| Shares Owned By Insiders | 0.64 % | 10.09 % |
| Shares Owned By Institutions | 99.36 % | 39.21 % |
| Number Of Shares Shorted | 1.97 M | 4.71 M |
| Price To Earning | 47.28 X | 28.72 X |
| Price To Book | 3.98 X | 9.51 X |
| Price To Sales | 2.30 X | 11.42 X |
| Revenue | 1.67 B | 9.43 B |
| Gross Profit | 575.07 M | 27.38 B |
| EBITDA | 249.19 M | 3.9 B |
| Net Income | 147 M | 570.98 M |
| Cash And Equivalents | 16.01 M | 2.7 B |
| Cash Per Share | 0.54 X | 5.01 X |
| Total Debt | 466.76 M | 5.32 B |
| Debt To Equity | 0.59 % | 48.70 % |
| Current Ratio | 1.58 X | 2.16 X |
| Book Value Per Share | 33.30 X | 1.93 K |
| Cash Flow From Operations | 236.08 M | 971.22 M |
| Short Ratio | 2.58 X | 4.00 X |
| Earnings Per Share | 4.97 X | 3.12 X |
| Price To Earnings To Growth | 1.72 X | 4.89 X |
| Target Price | 176.67 | |
| Number Of Employees | 3.1 K | 18.84 K |
| Beta | 2.16 | -0.15 |
| Market Capitalization | 4.05 B | 19.03 B |
| Total Asset | 1.71 B | 29.47 B |
| Retained Earnings | 723.03 M | 9.33 B |
| Working Capital | 416.84 M | 1.48 B |
Note: Disposition of 6106 shares by James Conroy of Boot Barn at 20.94 subject to Rule 16b-3 [view details]
Boot Barn Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Boot . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Boot Barn Buy or Sell Advice
When is the right time to buy or sell Boot Barn Holdings? Buying financial instruments such as Boot Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Boot Barn in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Computers Theme or any other thematic opportunities.
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Additional Tools for Boot Stock Analysis
When running Boot Barn's price analysis, check to measure Boot Barn's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Boot Barn is operating at the current time. Most of Boot Barn's value examination focuses on studying past and present price action to predict the probability of Boot Barn's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boot Barn's price. Additionally, you may evaluate how the addition of Boot Barn to your portfolios can decrease your overall portfolio volatility.