As of Wednesday close, Burlington Stores Inc.’s (NYSE:BURL) stock was up $3.06, moving up 1.95 percent to $160.29. The average number of shares traded per day over the past five days has been 2,251,680 shares. 1 time new highs have been achieved over the past 5 days, with a -$9.66 fall in that time frame. In the last twenty days, the average volume was 1,502,710, while in the previous 50 days, it was 1,296,746.
Since last month, BURL stock retreated -7.93%. Shares of the company fell to $151.85 on 08/24/23, the lowest level in the past month. A 52-week high of $239.94 was reached on 02/02/23 after having rallying from a 52-week low of $106.47. Since the beginning of this year, BURL’s stock price has dropped by -20.95% or -$42.47, and marked a new high 9 times. However, the stock has declined by -33.20% since its 52-week high.
BURL stock investors should be aware that Burlington Stores Inc. (BURL) stock had its last reported insider trading activity 163 days ago on Mar 21. MCNAMARA WILLIAM P, the Director of the company, disposed of 500 shares for $212.26 on Mar 21. It resulted in a $106,130 divestment by the insider. Vecchio Jennifer sold 47,153 shares at an average price of $209.46 on Mar 17. The insider now owns 55,173 shares following the transaction. On Nov 28, SVP, Finance and CAO LAUB JEFFREY sold 2,917 shares at $195.63 apiece. The transaction was valued at $570,648.
Valuation Metrics
Right now, Burlington Stores Inc. (BURL) has a P/E ratio of about 39.45. The stock’s beta is 1.12. Besides these, the trailing price-to-sales (P/S) ratio of 1.15, the price-to-book (PB) ratio of 12.59, and the price-to-cash flow ratio of 29.35 may also be considered.
Financial Health
In the three months ended July 30, Burlington Stores Inc.’s quick ratio stood at 0.50, while its current ratio was 1.20, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending July 30 was 1.63, and the total debt-to-equity ratio was 1.65. On the profitability front, the trailing twelve-month gross margin is 41.50% percent. In the year ended July 30, EBITDA margin amounted to 7.74%, whereas operating margins totaled 4.50%. Based on annual data, BURL earned $3.53 billion in gross profit and brought in $8.7 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 11.90%. Return on equity (ROE) for the past 12 months was 34.70%.
In Burlington Stores Inc.’s quarter-end financial report for July 30, it reported total debt of $1.35 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. BURL’s revenue rose 8.59% to $2.14 billion during the quarter, while net income inched up to $2.17 billion. While analysts expected Burlington Stores Inc. to report $0.43 quarterly earnings, the actual figure was $0.6 per share, beating the consensus estimate by 39.50%. During the quarter, the company generated $135.44 million in EBITDA. The liabilities of Burlington Stores Inc. were 6.09 billion at the end of its most recent quarter ended July 30, and its total debt was $4.56 billion. The value of shareholders’ equity is $64.85 million.
Technical Picture
This quick technical analysis looks at Burlington Stores Inc.’s (BURL) price momentum. With a historical volatility rate of 58.02%, the RSI 9-day stood at 44.08% on 30 August.
With respect to its five-day moving average, the current Burlington Stores Inc. price is down by -5.68% percent or -$9.66. At present, BURL shares trade -5.38% below its 20-day simple moving average and -17.37% percent below its 100-day simple moving average. However, the stock is currently trading approximately +6.15% above its SMA50 and +9.65% above its SMA200.
Stochastic coefficient K was 23.09% and Stochastic coefficient D was 16.66%, while ATR was 6.28. Given the Stochastic reading of 33.89% for the 14-day period, the RSI (14) reading has been calculated as 44.69%. As of today, the MACD Oscillator reading stands at -4.48, while the 14-day reading stands at -6.70.
Analyst Ratings
Piper Sandler launched its rating on Burlington Stores Inc. (NYSE: BURL) to a Neutral in a note to investors on June 29, 2023. Burlington Stores Inc. (BURL) has been rated Overweight by analysts. According to 1 brokerage firm, BURL is a sell, and 3 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 3 analysts rate Burlington Stores Inc. stock as buy, with 14 recommending it as overweight.
With a median target price of $209.00, the current consensus forecast for the stock is $120.00 – $250.00. Based on these forecasts, analysts predict Burlington Stores Inc. (BURL) will achieve an average price target of $202.14.
