BOOT
Boot Barn Holdings Inc. Consumer Discretionary - Specialty Retail Investor Relations →
Boot Barn Holdings Inc. (BOOT) closed at $203.38 as of 2026-02-02, trading 82.2% above its 200-week moving average of $111.62. The stock moved further from the line this week, up from 60.7% last week. The 14-week RSI sits at 56, indicating neutral momentum.
Over the past 540 weeks of data, BOOT has crossed below its 200-week moving average 6 times. On average, these episodes lasted 22 weeks. Historically, investors who bought BOOT at the start of these episodes saw an average one-year return of +144.5%.
With a market cap of $6.2 billion, BOOT is a mid-cap stock. Return on equity stands at 18.5%, a solid level. The stock trades at 4.8x book value.
Share count has increased 3.1% over three years, indicating dilution.
Over the past 10.4 years, a hypothetical investment of $100 in BOOT would have grown to $1356, compared to $394 for the S&P 500. That represents an annualized return of 28.4% vs 14.1% for the index — confirming BOOT as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been declining at a -100% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: BOOT vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After BOOT Crosses Below the Line?
Across 6 historical episodes, buying BOOT when it crossed below its 200-week moving average produced an average return of +189.8% after 12 months (median +149.0%), compared to +28.6% for the S&P 500 over the same periods. 80% of those episodes were profitable after one year. After 24 months, the average return was +245.0% vs +48.8% for the index.
Each line shows $100 invested at the moment BOOT crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
BOOT has crossed below its 200-week MA 6 times with an average 1-year return of +144.5% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Oct 2015 | Nov 2017 | 112 | 70.6% | -34.9% | +1066.2% |
| Dec 2018 | Dec 2018 | 1 | 0.7% | +176.6% | +1193.8% |
| Mar 2020 | May 2020 | 10 | 48.0% | +213.1% | +907.3% |
| Jun 2020 | Aug 2020 | 6 | 11.7% | +329.8% | +934.5% |
| Oct 2022 | Nov 2022 | 1 | 0.8% | +38.1% | +273.2% |
| Apr 2025 | Apr 2025 | 1 | 4.4% | N/A | +122.2% |
| Average | 22 | — | +144.5% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02