BOOT BARN HOLDINGS INC (NYSE:BOOT) – A Strong Growth Stock with Technical Breakout Potential

BOOT BARN HOLDINGS INC (NYSE:BOOT) was identified by our screener as a strong growth stock with a favorable technical setup. The company combines solid fundamental growth metrics with a bullish chart pattern, making it a candidate worth examining further.

Growth Fundamentals

BOOT scores a 7/10 in the ChartMill Growth Rating, reflecting strong historical and expected future growth:

• Revenue Growth: Increased by 14.64% over the past year, with a 3-year average growth of 17.71%.
• Earnings Growth: EPS grew 22.08% in the last year, with a 5-year annualized growth rate of 28.69%.
• Future Expectations: Analysts project 13.54% annual EPS growth and 11.13% revenue growth.

Profitability is another strength, with a 7/10 rating:

• Operating Margin (12.53%) and Profit Margin (9.47%) outperform most peers in the Specialty Retail sector.
• Return on Equity (16.01%) and Return on Invested Capital (10.78%) are above industry averages.

Technical Setup

The stock earns a 9/10 technical rating, supported by:

• Positive Trends: Both short-term and long-term trends are upward.
• Consolidation Near Resistance: Prices have been testing a key resistance zone between $167.81–$168.77. A breakout above this level could signal further upside.
• Strong Relative Performance: BOOT outperforms 89% of its industry peers over the past year.

Key Considerations

• Valuation: The stock trades at a P/E of 27.65, slightly above the S&P 500 average, but growth prospects may justify the premium.
• Financial Health: Rated 5/10, with a strong balance sheet (Debt/Equity of 0.01) but weaker liquidity metrics.

For a deeper dive, review the full fundamental analysis and technical report.

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Disclaimer
This is not investment advice. Always conduct your own research before making decisions.