As of close of business last night, Burlington Stores Inc’s stock clocked out at $211.95, down -4.42% from its previous closing price of $221.75. In other words, the price has decreased by -$9.80 from its previous closing price. On the day, 1150119 shares were traded.
Ratios:
To gain a deeper understanding of BURL’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 38.92. For the most recent quarter (mrq), Quick Ratio is recorded 0.61 and its Current Ratio is at 1.15. In the meantime, Its Debt-to-Equity ratio is 4.82 whereas as Long-Term Debt/Eq ratio is at 4.39.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Telsey Advisory Group on March 08, 2024, Reiterated its Outperform rating but revised its target price to $250 from $225 previously.
On January 17, 2024, Piper Sandler Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $155 to $240.
On November 07, 2023, Evercore ISI started tracking the stock assigning a Outperform rating and target price of $150.Evercore ISI initiated its Outperform rating on November 07, 2023, with a $150 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 20 ’24 when Vecchio Jennifer sold 5,025 shares for $225.24 per share. The transaction valued at 1,131,823 led to the insider holds 61,115 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BURL now has a Market Capitalization of 14.17B and an Enterprise Value of 18.05B. As of this moment, Burlington’s Price-to-Earnings (P/E) ratio for their current fiscal year is 40.32, and their Forward P/E ratio for the next fiscal year is 23.43. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.41 while its Price-to-Book (P/B) ratio in mrq is 13.60. Its current Enterprise Value per Revenue stands at 1.86 whereas that against EBITDA is 21.21.
Stock Price History:
The Beta on a monthly basis for BURL is 1.49, which has changed by 9.26% over the last 52 weeks, in comparison to a change of 26.95% over the same period for the S&P500. Over the past 52 weeks, BURL has reached a high of $232.69, while it has fallen to a 52-week low of $115.66. The 50-Day Moving Average of the stock is 208.80, while the 200-Day Moving Average is calculated to be 172.13.
Shares Statistics:
It appears that BURL traded 848.02K shares on average per day over the past three months and 850.22k shares per day over the past ten days. A total of 64.53M shares are outstanding, with a floating share count of 64.23M. Insiders hold about 0.45% of the company’s shares, while institutions hold 107.40% stake in the company. Shares short for BURL as of Mar 15, 2024 were 2.67M with a Short Ratio of 3.15, compared to 2.94M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.17% and a Short% of Float of 5.34%.
Earnings Estimates
As of right now, 18 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $1.07 for the current quarter, with a high estimate of $1.18 and a low estimate of $0.95, while EPS last year was $0.84. The consensus estimate for the next quarter is $0.95, with high estimates of $1.14 and low estimates of $0.76.
Analysts are recommending an EPS of between $7.7 and $7.2 for the fiscal current year, implying an average EPS of $7.46. EPS for the following year is $9.19, with 19 analysts recommending between $9.7 and $8.67.
Revenue Estimates
A total of 18 analysts have provided revenue estimates for BURL’s current fiscal year. The highest revenue estimate was $10.81B, while the lowest revenue estimate was $10.47B, resulting in an average revenue estimate of $10.66B. In the same quarter a year ago, actual revenue was $9.73B, up 9.50% from the average estimate. Based on 17 analysts’ estimates, the company’s revenue will be $11.73B in the next fiscal year. The high estimate is $12.11B and the low estimate is $11.49B. The average revenue growth estimate for next year is up 10.00% from the average revenue estimate for this year.
