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Shareholders will be ecstatic, with their stake up 33% over the past week following Boot Barn Holdings, Inc.'s (NYSE:BOOT) latest annual results. Boot Barn Holdings reported in line with analyst predictions, delivering revenues of US$1.9b and statutory earnings per share of US$5.88, suggesting the business is executing well and in line with its plan. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.
Following the latest results, Boot Barn Holdings' 15 analysts are now forecasting revenues of US$2.14b in 2026. This would be a solid 12% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to accumulate 4.5% to US$6.18. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$2.17b and earnings per share (EPS) of US$6.06 in 2026. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.
View our latest analysis for Boot Barn Holdings
The consensus price target rose 14% to US$182despite there being no meaningful change to earnings estimates. It could be that the analystsare reflecting the predictability of Boot Barn Holdings' earnings by assigning a price premium. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. There are some variant perceptions on Boot Barn Holdings, with the most bullish analyst valuing it at US$210 and the most bearish at US$132 per share. As you can see, analysts are not all in agreement on the stock's future, but the range of estimates is still reasonably narrow, which could suggest that the outcome is not totally unpredictable.
Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. It's pretty clear that there is an expectation that Boot Barn Holdings' revenue growth will slow down substantially, with revenues to the end of 2026 expected to display 12% growth on an annualised basis. This is compared to a historical growth rate of 17% over the past five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 5.0% annually. So it's pretty clear that, while Boot Barn Holdings' revenue growth is expected to slow, it's still expected to grow faster than the industry itself.