The stock of Burlington Stores Inc. (NYSE:BURL) increased by $3.66 on Tuesday to finish at $143.17, up 2.62 percent. The last five days have seen an average of 1,447,460 shares of common stock traded. 9 times new highs were reached in the current year, with a fall of -$59.59. The average number of shares traded over the last 20 days was 1,534,740, while the average volume over the last 50 days totaled 1,281,870.
BURL stock dropped -16.87% since last month. On 09/19/23, the company’s shares reached a one-month low of $138.27. The stock touched a high of $239.94 on 02/02/23, after rallying from a low of $106.47 in 52 weeks. The price of BURL stock has declined by -29.39% or -$59.59 this year, reaching a new high 9 times. Still, the stock price is down -40.33% from the 52-week high.
Insider Transactions
BURL stock investors should be aware that Burlington Stores Inc. (BURL) stock had its last reported insider trading activity 183 days ago on Mar 21. On Mar 21, Director MCNAMARA WILLIAM P sold 500 shares at $212.26 each. This transaction resulted in the insider making $106,130. On Mar 17, Vecchio Jennifer sold 47,153 shares at a price of US$209.46. After the transaction, the insider now owns 55,173 shares. SVP, Finance and CAO LAUB JEFFREY had earlier sold 2,917 shares on Nov 28 for $195.63 a share. The transaction was completed for $570,648.
Valuation Metrics
Burlington Stores Inc. (BURL) has a trailing price-to-earnings (P/E) ratio of 35.24. Beta for the stock is 1.13. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 1.04, the price-to-book (PB) ratio of 11.25, and the price-to-cash flow ratio of 26.61.
Financial Health
For the three months ended July 30, Burlington Stores Inc.’s quick ratio was 0.50, while its current ratio was 1.20, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending July 30 is 1.63, and the total debt to equity ratio is 1.65. As far as profitability goes, gross margin for the trailing twelve months is 41.50% percent. Burlington Stores Inc.’s EBITDA margin for the year ended July 30 was 7.74%, whereas its operating margin stood at 4.50% for the same period. Based on annual data, it had gross profit of $3.53 billion and revenue of $8.7 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. BURL’s return on assets (ROA) during the last 12 months has been 3.80%. There was a 11.90% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 34.70%.
Earnings Surprise
According to Burlington Stores Inc.’s quarterly financial report for the quarter that ended July 30. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $2.17 billion, while revenues rose by 8.59% to $2.14 billion. It was predicted that Burlington Stores Inc.’s quarterly earnings would be $0.6, but it ended up being $0.43, beating the consensus by 39.50%. EBITDA was $135.44 million for the quarter. At the end of Burlington Stores Inc.’s most recent quarter ended July 30, its liabilities totaled 6.09 billion, while its total debt was $4.56 billion. Equity owned by shareholders amounts to $64.85 million.
Technical Picture
Here’s a quick look at Burlington Stores Inc.’s (BURL) price momentum from a technical perspective. As of 19 September, the RSI 9-day stood at 31.27%, suggesting the stock is Neutral, with a 38.47% historical volatility rate.
The stochastic %K and %D were 8.01% and 9.44% respectively, while the average true range (ATR) was 5.37. Based on the 14-day stochastic reading of 17.09%, the RSI (14) reading is 33.88%. On the 9-day MACD Oscillator, the stock is at -6.21, and the 14-day reading is at -10.41.
Analyst Ratings
In its analyst report released on June 29, 2023, Piper Sandler began covering Burlington Stores Inc. (NYSE: BURL). The stock was rated as a Neutral by the brokerage firm. Analysts have assigned Burlington Stores Inc. (BURL) an Overweight rating. BURL is a stock that is recommended for selling by 1 brokerage firm, while 3 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 3 rates it overweight and 14 others recommend it as a buy.
What is BURL’s price target for the next 12 months?
The current consensus forecast for the stock is between $120.00 and $250.00, with a median target price of $208.00. In analyzing these forecasts, the average price target given by analysts for Burlington Stores Inc. (BURL) is $201.68.
