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Revenue Estimates Analysis of Boot Barn Holdings, Inc.(NYSE:BOOT): Microchip Technology Incorporated(NASDAQ:MCHP)

Boot Barn Holdings, Inc. (BOOT) will report its next earnings on Jul 31 AMC. The company reported the earnings of $0.33/Share in the last quarter where the estimated EPS by analysts was $0.22/share. The difference between the expected and actual EPS was $0.11/share, which represents an Earnings surprise of 50%.

Many analysts are providing their Estimated Earnings analysis for Boot Barn Holdings, Inc. and for the current quarter 11 analysts have projected that the stock could give an Average Earnings estimate of $0.2/share. These analysts have also projected a Low Estimate of $0.19/share and a High Estimate of $0.24/share.

These analysts also forecasted Growth Estimates for the Current Quarter for BOOT to be 66.7%. They are projecting Next Quarter growth of 12.12%. For the next 5 years, Boot Barn Holdings, Inc. is expecting Growth of 22.12% per annum, whereas in the past 5 years the growth was 22.22% per annum.

Some buy side analysts are also providing their Analysis on Boot Barn Holdings, Inc., where 1 analysts have rated the stock as Strong buy, 0 analysts have given a Buy signal, 1 said it’s a HOLD, and 0 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)

When it comes to the Analysis of a Stock, Price Target plays a vital role. Analysts reported that the Price Target for Boot Barn Holdings, Inc. might touch $46 high while the Average Price Target and Low price Target is $40.1 and $35 respectively.

Boot Barn Holdings, Inc. closed its last trading session at $34.36 with the gain of 2.53%. The Market Capitalization of the company stands at 1.02 Billion. The Company has 52-week high of $39.59 and 52-week low of $15.01. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is 11.02% where SMA50 and SMA200 are 8.18% and 27.11% respectively. The Company Touched its 52-Week High on 08/01/19 and 52-Week Low on 12/24/18.

The Relative Volume of the company is 1.24 and Average Volume (3 months) is 798.07 million. The company’s P/E (price to earnings) ratio is 24.28 and Forward P/E ratio of 17.68.

The company shows its Return on Assets (ROA) value of 6.2%. The Return on Equity (ROE) value stands at 16.3%. While it’s Return on Investment (ROI) value is 12.3%.

While looking at the Stock’s Performance, Boot Barn Holdings, Inc. currently shows a Weekly Performance of 10.82%, where Monthly Performance is 14.2%, Quarterly performance is 15.28%, 6 Months performance is 24.93% and yearly performance percentage is 15.89%. Year to Date performance value (YTD perf) value is 106.87%. The Stock currently has a Weekly Volatility of 6.81% and Monthly Volatility of 5.11%.

Microchip Technology Incorporated (MCHP) will report its next earnings on Aug 06 AMC. The company reported the earnings of $1.41/Share in the last quarter where the estimated EPS by analysts was $1.37/share. The difference between the expected and actual EPS was $0.04/share, which represents an Earnings surprise of 2.9%.

Many analysts are providing their Estimated Earnings analysis for Microchip Technology Incorporated and for the current quarter 19 analysts have projected that the stock could give an Average Earnings estimate of $1.43/share. These analysts have also projected a Low Estimate of $1.43/share and a High Estimate of $1.45/share.

In case of Revenue Estimates, 19 analysts have provided their consensus Average Revenue Estimates for Microchip Technology Incorporated as 1.35 Billion. According to these analysts, the Low Revenue Estimate for Microchip Technology Incorporated is 1.34 Billion and the High Revenue Estimate is 1.39 Billion. The company had Year Ago Sales of 1.43 Billion.

These analysts also forecasted Growth Estimates for the Current Quarter for MCHP to be -20.4%. They are projecting Next Quarter growth of -11.45%. For the next 5 years, Microchip Technology Incorporated is expecting Growth of 19.47% per annum, whereas in the past 5 years the growth was -10.99% per annum.

Some buy side analysts are also providing their Analysis on Microchip Technology Incorporated, where 2 analysts have rated the stock as Strong buy, 1 analysts have given a Buy signal, 1 said it’s a HOLD, and 0 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)

When it comes to the Analysis of a Stock, Price Target plays a vital role. Analysts reported that the Price Target for Microchip Technology Incorporated might touch $120 high while the Average Price Target and Low price Target is $104.89 and $84 respectively.

Microchip Technology Incorporated closed its last trading session at $91.87 with the gain of 0.76%. The Market Capitalization of the company stands at 21.62 Billion. The Company has 52-week high of $101.35 and 52-week low of $60.70. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is 5.71% where SMA50 and SMA200 are 2.95% and 8.81% respectively. The Company Touched its 52-Week High on 05/02/19 and 52-Week Low on 10/26/18.

The Relative Volume of the company is 0.8 and Average Volume (3 months) is 2.37 million. The company’s P/E (price to earnings) ratio is 60.38 and Forward P/E ratio of 13.31.

The company shows its Return on Assets (ROA) value of 2%. The Return on Equity (ROE) value stands at 7.1%. While it’s Return on Investment (ROI) value is 5.6%.

While looking at the Stock’s Performance, Microchip Technology Incorporated currently shows a Weekly Performance of 9.05%, where Monthly Performance is 5.37%, Quarterly performance is 8.47%, 6 Months performance is 7.27% and yearly performance percentage is 11.46%. Year to Date performance value (YTD perf) value is 28.71%. The Stock currently has a Weekly Volatility of 3.04% and Monthly Volatility of 2.57%.