The stock price of Burlington Stores Inc (NYSE: BURL) has dropped by -4.42 compared to previous close of 221.75. Despite this, the company has seen a fall of -5.72% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-03 that Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Is It Worth Investing in Burlington Stores Inc (NYSE: BURL) Right Now?
Burlington Stores Inc (NYSE: BURL) has a higher price-to-earnings ratio of 40.32x compared to its average ratio. BURL has 36-month beta value of 1.49. Analysts have mixed views on the stock, with 11 analysts rating it as a “buy,” 6 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for BURL is 64.23M, and currently, short sellers hold a 4.15% ratio of that float. The average trading volume of BURL on April 04, 2024 was 848.02K shares.
BURL’s Market Performance
The stock of Burlington Stores Inc (BURL) has seen a -5.72% decrease in the past week, with a 1.70% rise in the past month, and a 8.77% gain in the past quarter. The volatility ratio for the week is 2.46%, and the volatility levels for the past 30 days are at 2.70% for BURL. The simple moving average for the last 20 days is -4.51% for BURL’s stock, with a simple moving average of 24.32% for the last 200 days.
Analysts’ Opinion of BURL
Many brokerage firms have already submitted their reports for BURL stocks, with Telsey Advisory Group repeating the rating for BURL by listing it as a “Outperform.” The predicted price for BURL in the upcoming period, according to Telsey Advisory Group is $250 based on the research report published on March 08, 2024 of the current year 2024.
Piper Sandler, on the other hand, stated in their research note that they expect to see BURL reach a price target of $240, previously predicting the price at $155. The rating they have provided for BURL stocks is “Overweight” according to the report published on January 17th, 2024.
Evercore ISI gave a rating of “Outperform” to BURL, setting the target price at $150 in the report published on November 07th of the previous year.
BURL Trading at 2.07% from the 50-Day Moving Average
After a stumble in the market that brought BURL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.91% of loss for the given period.
Volatility was left at 2.70%, however, over the last 30 days, the volatility rate increased by 2.46%, as shares sank -0.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.26% upper at present.
During the last 5 trading sessions, BURL fell by -5.72%, which changed the moving average for the period of 200-days by +38.26% in comparison to the 20-day moving average, which settled at $221.95. In addition, Burlington Stores Inc saw 8.98% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BURL starting from Vecchio Jennifer, who sale 5,025 shares at the price of $225.24 back on Mar 20 ’24. After this action, Vecchio Jennifer now owns 61,115 shares of Burlington Stores Inc, valued at $1,131,823 using the latest closing price.
Stock Fundamentals for BURL
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.42 for the gross margin
The net margin for Burlington Stores Inc stands at 0.03. The total capital return value is set at 0.1. Equity return is now at value 37.91, with 4.54 for asset returns.
Based on Burlington Stores Inc (BURL), the company’s capital structure generated 0.64 points at debt to capital in total, while cash flow to debt ratio is standing at 0.48. The debt to equity ratio resting at 1.8. The interest coverage ratio of the stock is 6.8.
Currently, EBITDA for the company is 861.04 million with net debt to EBITDA at 4.38. When we switch over and look at the enterprise to sales, we see a ratio of 1.8. The receivables turnover for the company is 130.81for trailing twelve months and the total asset turnover is 1.26. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.15.
Conclusion
To put it simply, Burlington Stores Inc (BURL) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
