While Burlington Stores Inc has underperformed by -2.10%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, BURL rose by 69.92%, with highs and lows ranging from $280.08 to $115.66, whereas the simple moving average jumped by 27.64% in the last 200 days.
On August 23, 2024, Telsey Advisory Group Reiterated Burlington Stores Inc (NYSE: BURL) to Outperform. A report published by Gordon Haskett on August 19, 2024, Upgraded its rating to ‘Buy’ for BURL. TD Cowen also Upgraded BURL shares as ‘Buy’, setting a target price of $279 on the company’s shares in a report dated August 09, 2024. Telsey Advisory Group Reiterated the rating as Outperform on May 31, 2024, but set its price target from $250 to $270. UBS May 02, 2024d its ‘Sell’ rating to ‘Neutral’ for BURL, as published in its report on May 02, 2024. Telsey Advisory Group’s report from March 08, 2024 suggests a price prediction of $250 for BURL shares, giving the stock a ‘Outperform’ rating. Piper Sandler also rated the stock as ‘Overweight’.
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Analysis of Burlington Stores Inc (BURL)
Further, the quarter-over-quarter increase in sales is 10.51%, showing a positive trend in the upcoming months.
One of the most important indicators of Burlington Stores Inc’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of 42.06% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.52, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and BURL is recording 904.95K average volume. On a monthly basis, the volatility of the stock is set at 3.06%, whereas on a weekly basis, it is put at 3.17%, with a loss of -0.38% over the past seven days. Furthermore, long-term investors anticipate a median target price of $298.81, showing growth from the present price of $267.17, which can serve as yet another indication of whether BURL is worth investing in or should be passed over.
How Do You Analyze Burlington Stores Inc Shares?
The Apparel Retail market is dominated by Burlington Stores Inc (BURL) based in the USA. When comparing Burlington Stores Inc shares with other companies under Consumer Cyclical, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 44.70, there is a growth in quarterly earnings of 143.56%.
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.49%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 113.82% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
BURL shares are owned by institutional investors to the tune of 113.82% at present.
