Boot Barn Holdings, Inc. (BOOT) Hits Fresh High: Is There Still Room to Run?

Company Performance - Boot Barn's shares have increased by 13.6% over the past month, reaching a new 52-week high of $162.16, and have gained 99.9% since the start of the year [1] - The company reported EPS of$ 1.2 in its last earnings report, exceeding the consensus estimate of $1.08, and beat the revenue estimate by 1.78% [2] - For the current fiscal year, Boot Barn is expected to post earnings of$ 5.34 per share on revenues of $1.84 billion, reflecting a 10.31% change in EPS and a 10.67% change in revenues [3] Valuation Metrics - Boot Barn has a Value Score of C, a Growth Score of B, and a Momentum Score of D, resulting in a VGM Score of B [6] - The stock trades at 28.7X current fiscal year EPS estimates, which is a premium compared to the peer industry average of 16.2X, and at 23.2X trailing cash flow versus an average of 7.5X for its peer group [6] Zacks Rank - Boot Barn holds a Zacks Rank of 1 (Strong Buy) due to rising earnings estimates, indicating potential for future growth [7] Industry Comparison - The Retail - Apparel and Shoes industry is in the top 35% of all industries, suggesting favorable conditions for Boot Barn and its peers [10] - Another industry peer, Industria de Diseno Textil SA (IDEXY), has a Zacks Rank of 2 (Buy) and shows strong performance with a 4.55% earnings beat and expected earnings of$ 1.05 per share on revenues of $42.37 billion [8][9]