Is it Time to Dump Boot Barn Holdings Inc (BOOT) Stock After it Is Higher By 16.59% in a Week?

The market has been high on Boot Barn Holdings Inc (BOOT) stock recently. BOOT gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Boot Barn Holdings Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on BOOT!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With BOOT Stock Today?

Boot Barn Holdings Inc (BOOT) stock is higher by 3.48% while the S&P 500 has fallen -0.33% as of 12:08 PM on Monday, Apr 1. BOOT is higher by $3.31 from the previous closing price of $95.15 on volume of 353,567 shares. Over the past year the S&P 500 is higher by 26.98% while BOOT is higher by 28.42%. BOOT earned $0.48 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 42.04.

More About Boot Barn Holdings Inc

Boot Barn Holdings Inc operates specialty retail stores. The company sells western and work-related footwear, apparel, and accessories in the United States. It is a single operating segment, which includes net sales generated from its retail stores and e-commerce websites. Click Here to get the full Stock Report for Boot Barn Holdings Inc stock.