Daily Progress: Burlington Stores Inc (BURL) Drop -1.11, Closing at 178.74

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In the latest session, Burlington Stores Inc (NYSE: BURL) closed at $178.74 down -1.11% from its previous closing price of $180.75. In other words, the price has decreased by -$1.11 from its previous closing price. On the day, 0.94 million shares were traded. BURL stock price reached its highest trading level at $183.15 during the session, while it also had its lowest trading level at $178.22.

Ratios:

For a deeper understanding of Burlington Stores Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 32.51. 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:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 11415158784 and an Enterprise Value of 15202373632. As of this moment, Burlington’s Price-to-Earnings (P/E) ratio for their current fiscal year is 34.00, and their Forward P/E ratio for the next fiscal year is 19.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.17 while its Price-to-Book (P/B) ratio in mrq is 11.47. Its current Enterprise Value per Revenue stands at 1.564 whereas that against EBITDA is 17.941.

Stock Price History:

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 -13.26%, while the 200-Day Moving Average is calculated to be 3.23%.

Shares Statistics:

For the past three months, BURL has traded an average of 907.86K shares per day and 994970 over the past ten days. A total of 63.96M shares are outstanding, with a floating share count of 63.63M. Insiders hold about 0.45% of the company’s shares, while institutions hold 108.50% stake in the company. Shares short for BURL as of 1711584000 were 2713667 with a Short Ratio of 2.99, compared to 1709164800 on 2684475. Therefore, it implies a Short% of Shares Outstanding of 2713667 and a Short% of Float of 5.45.

Earnings Estimates

A comprehensive evaluation of Burlington Stores Inc (BURL) is underway, with the input of 18.0 analysts contributing to its current rating.On average, analysts expect EPS of $1.06 for the current quarter, with a high estimate of $1.12 and a low estimate of $0.95, while EPS last year was $0.84. The consensus estimate for the next quarter is $0.94, with high estimates of $1.14 and low estimates of $0.76.

Analysts are recommending an EPS of between $7.68 and $7.2 for the fiscal current year, implying an average EPS of $7.46. EPS for the following year is $9.19, with 19.0 analysts recommending between $9.7 and $8.67.

Revenue Estimates

For the next quarter, 17 analysts are estimating revenue of $2.42B. There is a high estimate of $2.45B for the next quarter, whereas the lowest estimate is $2.38B.

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 $10.65B. In the same quarter a year ago, actual revenue was $9.73BBased on 17 analysts’ estimates, the company’s revenue will be $11.72B in the next fiscal year. The high estimate is $12.11B and the low estimate is $11.49B.

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