Burlington Stores Inc. (NYSE:BURL) saw a downside of -4.00% to close Tuesday at $163.92 after subtracting -$6.83 on the day. The 5-day average trading volume is 1,384,440 shares of the company’s common stock. It has gained $176.74 in the past week and touched a new high 1 time within the past 5 days. An average of 1,080,740 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,170,646.
BURL’s 1-month performance is -5.91% or -$7.53 on its low of $162.55 reached on 08/14/23. The company’s shares have touched a 52-week low of $106.47 and high of $239.94, with the stock’s rally to the 52-week high happening on 02/02/23. YTD, BURL has lost -19.16% or -$38.84 and has reached a new high 9 times. However, the current price is down -31.68% from the 52-week high price.
Insider Transactions
BURL stock investors last saw insider trading activity on Mar 21.MCNAMARA WILLIAM P (Director) most recently sold 500 shares at $212.26 per share on Mar 21. This transaction cost the insider $106,130. Group President and CMO, Vecchio Jennifer, sold 47,153 shares at a price of $209.46 on Mar 17. Then, on Nov 28, SVP, Finance and CAO LAUB JEFFREY sold 2,917 shares at a price of $195.63 per share. This transaction amounted to $570,648.
Valuation Metrics
BURL stock has a beta of 1.10. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.18 while the price-to-book (PB) in the most recent quarter is 13.28, with the price to cash flow ratio at 41.20.
Burlington Stores Inc.’s quick ratio for the period ended April 29 was 0.40, with the current ratio over the same period at 1.20. As well, the company’s long term debt to equity for the quarter ending April 29 was 1.68, while the total debt to equity was 1.70.. In terms of profitability, the gross margin trailing 12 months is 40.90%. The trailing 12-month EBITDA margin is 7.74% while for the period ending April 29, Burlington Stores Inc.’s operating margin was 4.20%. The firm’s gross profit as reported stood at $3.53 billion against revenue of $8.7 billion.
Earnings Surprise
For the quarterly period ending April 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 50.63% to $32.75 million, while revenue of $185.2 million was -465.5% off the previous quarter. Analysts expected BURL to announce $0.92 per share in earnings in its latest quarter, but it posted $0.84, representing a -8.70% surprise. EBITDA for the quarter stood at more than $158.69 million. BURL stock balance sheet for the quarter ending April 29 shows that total liabilities totaled 6.2 billion, with total debt at $4.61 billion. Shareholders hold equity totaling $64.88 million.
Let’s look briefly at Burlington Stores Inc. (BURL) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 August was 38.73% to suggest the stock is trending Neutral, with historical volatility in this time period at 31.82%.
The stock’s 5-day moving average is $169.59, reflecting a -3.27% or -$5.55 change from its current price. BURL is currently trading -5.72% above its 20-day SMA, -17.06% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +12.65% and SMA200 by+24.51%.
Stochastic %K and %D was 41.57% and 48.00% and the average true range (ATR) pointed at 5.45. The RSI (14) points at 43.68%, while the 14-day stochastic is at 9.65% with the period’s ATR at 5.37. The stock’s 9-day MACD Oscillator is pointing at 0.57 and 0.66 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Burlington Stores Inc. (NYSE: BURL), Piper Sandler launched coverage with a Neutral rating. Analysts offering their rating for BURL stock have a consensus rating for the stock as Overweight. Currently, 1 brokerage advisors rate BURL as a “sell,”, while 3 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 3 rates the stock as overweight while 14 have offered a “buy” rating.
What is BURL’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $120.00 and a high of $250.00, with their median price target at $216.60. Looking at these predictions, the average price target given by analysts is for Burlington Stores Inc. (BURL) stock is $208.40.
