Boot Barn Holdings saw its IBD SmartSelect Composite Rating rise to 96 Tuesday, up from 94 the day before.
Discover The 3 Keys To Successful Stock Investing
The new score means the company is now outperforming 96% of all stocks in terms of the most important fundamental and technical stock-picking criteria.
Boot Barn Holdings broke out earlier, but has fallen back below the prior 183.60 entry from a flat base. If a stock you're tracking clears a buy point then falls 7% or more below the original entry price, it's considered a failed base. Wait for the stock to set up and breakout from a new chart pattern and entry price.
The stock earns a 96 EPS Rating, meaning its recent quarterly and longer-term annual earnings growth tops 96% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
The company posted a 45% earnings gain for Q1. Revenue growth climbed 19%, up from 17% in the prior report. That marks one quarter of rising revenue gains.
Boot Barn Holdings holds the No. 2 rank among its peers in the Retail-Apparel/Shoes/Accessories industry group. Urban Outfitters is the top-ranked stock within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
