Boot Barn Holdings, Inc. (BOOT) Soars to 52-Week High, Time to Cash Out?

Group 1: Company Performance - Boot Barn's shares have increased by 22.9% over the past month and have gained 116.9% since the start of the year, outperforming the Zacks Retail-Wholesale sector and the Zacks Retail - Apparel and Shoes industry, which saw returns of 20.9% and 13.3% respectively [1] - The company reported an 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 $5.36 per share on revenues of$1.86 billion, reflecting a 10.52% change in EPS and an 11.45% change in revenues [3] Group 2: Valuation Metrics - Boot Barn has a Value Score of B, a Growth Score of B, and a Momentum Score of A, resulting in a VGM Score of A [6] - The stock currently trades at 31.1X current fiscal year EPS estimates, which is a premium compared to the peer industry average of 17.5X, and on a trailing cash flow basis, it trades at 25.2X versus the peer group's average of 8.3X [6] Group 3: Zacks Rank and Industry Comparison - Boot Barn holds a Zacks Rank of 2 (Buy) due to favorable earnings estimate revisions from analysts, indicating potential for further gains [7] - The Retail - Apparel and Shoes industry is positioned in the top 41% of all industries, suggesting positive market conditions for both Boot Barn and its peers [10]