Boot Barn(BOOT) ZACKS·2025-01-22 18:00Company Overview - Boot Barn (BOOT) currently holds a Momentum Style Score of B, indicating a positive outlook based on its recent performance metrics [2][11] - The company has a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [3] Price Performance - Over the past week, Boot Barn shares have increased by 2.92%, while the Zacks Retail - Apparel and Shoes industry remained flat [5] - In a longer timeframe, Boot Barn's shares have risen by 9.05% over the past month, significantly outperforming the industry's 1.08% [5] - Over the last quarter, Boot Barn shares have surged by 25.02%, and they have increased by 119.8% over the past year, compared to the S&P 500's gains of 3.62% and 26.55%, respectively [6] Trading Volume - The average 20-day trading volume for Boot Barn is 633,237 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Estimates - In the past two months, 6 earnings estimates for Boot Barn have been revised upwards, while none have been lowered, leading to an increase in the consensus estimate from 5.77 [9] - For the next fiscal year, 4 estimates have also moved upwards with no downward revisions during the same period [9] Conclusion - Considering the positive price trends, strong earnings outlook, and favorable trading volume, Boot Barn is positioned as a solid momentum pick with a Momentum Score of B and a Zacks Rank of 2 (Buy) [11]