Buying Burlington Stores Inc. (BURL) Stock Is A Smart Move Today?

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KOSK Stock
KOSK Stock

Burlington Stores Inc. (NYSE:BURL) traded with a subtraction of -$1.19 to $126.50 on Thursday, a downside of -0.93 percent. An average of 799,144 shares of common stock have been traded in the last five days. There was a fall of -$12.41 in the past week, and it reached a new high 3 times over the past 12 months. The last 20 days have seen an average of 1,249,091 shares traded, while the 50-day average volume stands at 1,158,338.

BURL stock has decreased by -17.07% in the last month. The company shares reached their 1-month lowest point of $125.23 on 09/22/22. With the stock rallying to its 52-week high on 01/03/22, shares of the company touched a low of $127.32 and a high of $314.71 in 52 weeks. It has reached a new high 1 time so far this year and lost -56.20% or -$164.71 in price. In spite of this, the price is down -59.80% from the 52-week high.


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Valuation Metrics

Burlington Stores Inc. (BURL) has a trailing price-to-earnings (P/E) ratio of 52.83. The stock’s beta is 0.83. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.93, the price-to-book (PB) ratio at 13.26.

Financial Health

The quick ratio of Burlington Stores Inc. for the three months ended July 30 was 0.40, and the current ratio was 1.20, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 2.32 and a total debt to equity ratio of 2.35 for the quarter ending July 30. Its gross profit as reported stood at $3.89 billion compared to revenue of $9.32 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Burlington Stores Inc.’s return on assets was 2.30%.

Earnings Surprise

For the three-month period that ended July 30, Burlington Stores Inc. had $1.47 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $11.97 million in the quarter, while revenues of $16.17 million were shrunk -756.73%. The analyst consensus anticipated Burlington Stores Inc.’s latest quarter earnings to come in at $0.23 per share, but it turned out to be $0.35, a 52.20% surprise. For the quarter, EBITDA amounted to $100.21 million. Shareholders own equity worth $65.55 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Burlington Stores Inc. (BURL) price momentum. RSI 9-day as of the close on 21 September was 27.55%, suggesting the stock is oversold, with historical volatility in this time frame at 48.02%.

As of today, BURL’s price is $133.60 -8.91% or -$12.41 from its 5-day moving average. BURL is currently trading -22.56% lower than its 20-day SMA and -37.71% lower than its 100-day SMA. However, the stock’s current price level is -12.40% below the SMA50 and -56.00% below the SMA200.

The stochastic %K and %D were 5.89% and 10.93%, respectively, and the average true range (ATR) was 7.03. With the 14-day stochastic at 4.90% and the average true range at 7.21, the RSI (14) stands at 33.54%. The stock has reached -8.41 on the 9-day MACD Oscillator while the 14-day reading was at -11.35.

Analyst Ratings

The consensus rating for Burlington Stores Inc. (BURL) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell BURL, while 4 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 4 analysts, while 12 others rate it as a “buy”.

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