Boot Barn(US:BOOT) ZACKS·2025-10-29 17:01Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1][2]. Company Overview: Boot Barn (BOOT) - Boot Barn currently holds a Momentum Style Score of A, indicating strong momentum potential [3]. - The company has a Zacks Rank of 2 (Buy), which is associated with a historical outperformance when combined with a Style Score of A or B [4]. Price Performance - Boot Barn shares have increased by 6.48% over the past week, outperforming the Zacks Retail - Apparel and Shoes industry, which rose by 2.56% [6]. - Over the past month, Boot Barn's stock price has changed by 19.8%, significantly higher than the industry's 1.08% [6]. - In the last quarter, shares have risen by 18.84%, and over the past year, they have gained 53.45%, while the S&P 500 has only increased by 8.19% and 19.61%, respectively [7]. Trading Volume - Boot Barn's average 20-day trading volume is 525,755 shares, which serves as a bullish indicator when combined with rising stock prices [8]. Earnings Outlook - Recent earnings estimate revisions for Boot Barn show positive momentum, with two estimates moving higher and none lower, raising the consensus estimate from $6.56 to $6.61 over the past 60 days [10]. - For the next fiscal year, one estimate has increased, with no downward revisions noted [10]. Conclusion - Given the strong price performance, positive earnings outlook, and high Momentum Style Score, Boot Barn is positioned as a solid momentum pick for investors [12].