Published on 22 Feb 2024 on Simply Wall St. via Yahoo Finance
Key Insights
Using the 2 Stage Free Cash Flow to Equity, Boot Barn Holdings fair value estimate is US$104Current share price of US$88.46 suggests Boot Barn Holdings is potentially trading close to its fair value Analyst price target for BOOT is US$91.62 which is 12% below our fair value estimate
Does the February share price for Boot Barn Holdings, Inc. (NYSE:BOOT) reflect what it's really worth? Today, we will estimate the stock's intrinsic value by projecting its future cash flows and then discounting them to today's value. We will take advantage of the Discounted Cash Flow (DCF) model for this purpose. Don't get put off by the jargon, the math behind it is actually quite straightforward.