Boot Barn Holdings (BOOT) Looks Strong: Gains 6.5% – Tale of the Tape

Zacks


Boot Barn Holdings, Inc. (BOOT) was a big mover last session, as the company saw its shares gain over 6% on the day. The company closed the acquisition of Sheplers, Inc., which led to solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend of the company as the stock has gained 18.3% in the past one-month time frame.

The company has seen 1 positive estimate revision in the past one month, while its Zacks Consensus Estimate moved higher over the same period, suggesting that more solid trading could be ahead. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.

Boot Barn Holdings currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is positive.

Another attractive player in the same sector worth considering includes American Eagle Outfitters (AEO) also sporting a Zacks Rank #1.

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