Boot Barn Holdings, Inc. (BOOT) was a big mover last session, as the company saw its shares rise over 7% on the day. The upside has been driven by decent fourth-quarter fiscal 2015 earnings reported on May 28 along with the results for full-year fiscal 2015. This led to more shares changing hands than in a normal session. This reverses the yesterday’s trend for the company — as the stock is now down more than 4% in the past one-month time frame.
The company has seen 2 positive estimate revisions in the past few weeks, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Boot Barn Holdings currently has a Zacks Rank #3 (Hold).
A better-ranked stock in the same space is American Eagle Outfitters, Inc. (AEO) sporting a Zacks Rank #1 (Strong Buy).
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