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Boot Barn Holdings, Inc. (BOOT)

NYSE - NYSE Delayed price. Currency in USD
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86.42+1.14 (+1.34%)
At close: 4:00PM EDT
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  • A
    Anonymous
    Citigroup analyst ups price target to $92.
  • T
    Ted
    Typical. Every time Zacks posts a positive article about a company, its stock drops in value. It's happening now - Zacks article posted today.
  • m
    michael
    Upgraded to $92
  • M
    Minas
    Absolutely CRUSHED earnings!! Earnings of 75 cents vs 47 cents expectation. Revenue of $258.9MM vs 232 expected?!?
    This is going to shore squeeze to $80 tomorrow
  • J
    J
    I don't get it. Positive looking news and the thing drops after hours?
  • M
    Marcus
    $AMD has DEF turned some major corner(S)- improving companie’s growth & EPS- resulting in positive stock performance.

    As someone else posted it’s not just the ‘Short Squeeze’ ...
    $TSM, $AMD, $OLED, $IIVI, $BOOT
  • S
    Sektor
    naz about to go red....neptune nept thc extractor, flying cars rtp altu blde, tbio is next moderna

    since 1997

    Sektor your teacher

    not a robinhooder though have lifted many
  • j
    j
    Your assertion that BOOT BARN has ties remotely similar to YETI is very uninformed. Boot Barn takes pride in manufacturing their private labels in America. While the replacement of NAFTA was critical to BOOT, China could disappear from the planet and the biggest impact on Boot would be less investors in the market. Boot Barn exposure to China is almost nonexistent unlike GOOS, Nike, Rocky, Starbucks and others. You will not find a Boot Barn in China. Moreover, the CEO often reminds that the number of BOOT merchandise sourced out of China is mid single digits! Please do not pass along misinformation. I finally added today at $33.23 now that the gap is filled and accumulation by institutions who attended the January Conference is providing support. While BOOT remains volatile, few retailers provide the consistent growth seen from LULU and BOOT. The differences include wall street has a difficult time not laughing at "cowboy costumes" while they wear LULU to the office. The other difference: BOOT is on sale for barely above 1x price to sales and LULU is far over 8x. Plus #RodeoHouston
  • c
    charles
    I see BOOT as a compelling Pure Earnings Long play. Tuesday afternoon, before earnings release, I plan to go Long with almost all of my hard capital, to hold through earnings release. I see very good upside potential and very limited downside risk, most especially given the Jan 10 earnings pre-announcement. We basically know that this ER will be very good. I expect updated Guidance on Tuesday to be very good. I do not think the Jan 10 pre-announcement is currently priced into the stock.

    Valuation is a bit controversial. Some seem to think this stock is way overvalued right now. I do not see it that way. I think valuation is fair, maybe a little bit on the high side, upon a comprehensive financial analysis, but I see excellent growth ahead. Analysts are bullish, stock has very good upside potential based upon analyst PT's. Financials as a whole are very good. I see a pop to the $48-$50 price level as quite likely, immediately following Tuesday's ER.

    Best of Luck to All! :-)
  • c
    charles
    Long 2500 shares of BOOT, jumped into this Baby earlier today at the very nice price of $41.61. This is a Pure Earnings play. BOOT reports earnings in just a few minutes, and I am expecting a very good ER, beats on EPS and Revenue along with positive Guidance, to lift this stock up to at least the $47 level. Am I crazy?? Well...maybe, but my analysis shows there is a good chance of such a pop to the upside tomorrow. We shall see soon enough whether my Crystal Ball was clear enough to pick this play correctly, or whether I really need to go buy some Windex and try to polish the Ball up so that it shows things more clearly. :-)

    Best Wishes and Good Luck to All. :-)
  • c
    charles
    The ER is quite good. They guided 4th quarter EPS down but guided fiscal year 2020 EPS up. That is a net positive, although not perfect of course. Beat on EPS and Revenue. I never trust AH action, will gladly stay patient and wait for a full market reaction in the regular session tomorrow.
  • j
    j
    Almost too predictably, BOOT BARN gets shorted on a top & bottom beat...followed by a day trader's dream move to fill the gap and a second dive down. When people comment this stock moved from $15-45 in a year ... keep in mind that Boot Barn traded at $30 before the 2018 flash crash. The real move was only $15.

    With exception of the market crash at end of 2018, BOOT quickly recovers and goes one leg higher. Unless the sky is falling, I would expect BOOT to spring above $50 in the coming months. We already know that BOOT gained over 300% increased traffic during the week after Thanksgiving and the CEO commented the holiday traffic has so far carried into 2020! Epic battle about to be fought circa the 50 day moving average with a cooled down RSI! I've been loving my BOOT BARN shares since early 2018. If you missed LULU, don't miss out on this monster. I'd considering buying more, but never trust the market's irrational reversals... yet I have waited for the market to correct for 6 months with no event so I think after writing my convictions its time for me to add again.

    For those not familiar with the BOOT BARN lifestyle brand, I would point to the 2020 Rodeo Houston line-up. I will assert the entertainers are the best in years. The Rodeo has consistently broken attendance records in recent years which has always positively impacted BOOT with a shot of adrenaline at the beginning of the year (a time when most retailers struggle).

    If you believe the 1 year bullish trend is intact and investors will eventually want to buy a stock that consistently performs with minimal, almost no exposure to china... I hope you defend this beautiful beast on a low volume dive we've seen after the initial short after every earnings beat. Defend $40 and reverse back over the 50 day for a rewarding 2020 on BOOT? Remember #RodeoHouston Remember with exception of LULU, very few retailers can grow like BOOT does... and it look like the investment community has stopped laughing at "cowboy costumes" and taken notice of the rest of America! (referring to well-deserved upgrades this week)
  • M
    Minas
    Strap up boys. This is going to blast off on a rocket ship to a new 80+ when the market opens tomorrow. Well done and congratulations to all the longs!
  • t
    terracin
    Pretty strange action in BOOT today. It's done nothing but selloff after it's pop at the open yesterday on crushing it's earnings. All I can think of is it's either those who held this for years at this level exiting now, or someone(s) large wants out badly. Can't figure it though because to my thinking BOOT has the wild at it's back. So I'm in at this level. glta...
  • c
    charles
    Sold my BOOT shares at $37.38 for a loss of just under $10.6k, my first five figure losing play of the year. I knew it would happen sooner or later, I just take the loss and move right on. Jumped into REGN, long 270 shares of REGN at $373.46. REGN has been trending up strongly the past two days, hopefully a strong ER will allow for this momentum to keep moving the stock up, to the $400 level.

    When you have a bad play, I think it is wise not to change your trading plans as a result of it. For example, earlier today I had the thought to pass on REGN and do my GRUB Short Sell instead. Why? Because I think GRUB is going down big-time, 10-20%, and offers the chance to make back all the money I just lost on BOOT. But, I had decided yesterday to pass on the Grub short because it was riskier than REGN. Should I change my mind just because of the big BOOT loss?? Logic says, no. There is no huge rush to make back this $10.6k. Everything is fine, I'm still up huge for the year. There is no reason to change any trading decision based solely on this BOOT loss, and so I stuck with REGN as my next play. I try to always trade with logic, instead of emotion.

    Best Wishes to All! :-)
  • r
    rob
    Forget about $30 anytime soon.
  • J
    Joey
    the movement of this stock makes no sense. No news. so guess who's moving this stock everyday off insider news? insiders and institutions trading through the broker dealers, ie morgan Stanley, etc. why would a stock fluctuate 20% on no public news? why would Boot fall 15% last week while YETI goes up, when both have similar suppy chains in China?
  • B
    BetterRich
    How can the pps be down today? Yeah, patience, but this should be up at least a couple of bucks right here, right now!
  • c
    charles
    Looking at the GRUB Short Sell trade that I almost made but decided against, the stock jumped up more than 11% within the first 15 minutes of it's ER, then began to trend down and is now trading below the 4:00 PM close. Lesson: Never panic sell on a stock you know to be highly volatile. Huge leaps often come crashing down, big drops often turn Green, if not in the AH/PM session, than in the regular session. A few Short Sellers took a huge loss, 10+%, when all they had to do was wait less than an hour, and they can get out now with an actual and absolute small profit.

    Patience is a very important character trait for stock traders, be it 5 years of patience for the long-term investor, or 60 minutes of patience for the Pure Earnings trader. :-)

    Best Wishes to All! :-)
  • B
    Brian
    Could be worse. CEO said “we have seen a sequential steady increase in sales every week since the end of March.” Looking at the positive.