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Burlington Stores Inc. (BURL) Offers An Excellent Investment Opportunity At Current Levels

Burlington Stores Inc. (NYSE:BURL) concluded the trading at $122.90 on Thursday, September 22 with a fall of -3.75% from its closing price on previous day.

Taking a look at stock we notice that its last check on previous day was $127.69 and 5Y monthly beta was reading 0.86 with its price kept floating in the range of $122.82 and $128.15 on the day. Company’s P/E ratio for the trailing 12 months is 50.85. Considering stock’s 52-week price range provides that BURL hit a high price of $314.71 and saw its price falling to a low level of $127.32 during that period. Over a period of past 1-month, stock came subtracting -22.61% in its value.

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With its current market valuation of $7.93 billion, Burlington Stores Inc. is set to declare its quarterly results on Mar 02, 2022 – Mar 07, 2022. Analysts are in estimates of $0.26 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to $6.17 for 2023 with estimates of that growing to $8.37 in next year. These estimates are suggesting current year growth of -26.60% for EPS and 35.70% growth next year.

Analysts watching the company’s growth closely have provided estimates for its revenue growth with an average revenue estimate of $2.05 billion. They suggested that in the process company could generate revenue of as low as $1.85 billion which could climb up to $2.17 billion to hit a high. In keeping analyst consensus estimate with, company is forecasted to be making an annual revenue of $9.14 billion in 2023, which will be -1.80% less from revenue generated by the company last year.

In last 7 days, analysts came adjusting their opinions about stock’s EPS with no upward and no downward revisions, an indication which could give clearer idea about the company’s short term price movement. In contrast, when we review BURL stock’s current outlook then short term indicators are assigning it an average of 100% Sell, while medium term indicators are categorizing the stock at an average of 100% Sell. Long term indicators are suggesting an average of 100% Sell for it.

Digging deeper we become aware of the PEG ratio of the BURL stock which is currently positioned at 8.07. It further provides that stock’s current price level is -14.26% away from its 20-day simple moving average and is -17.80% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 31.34 while volatility remained at 5.39% over the past week which changes to 5.05% when measuring it over the past month. Beta is valued at 0.83, while measure of average true range or ATR is currently at 7.67.

In comparing Burlington Stores Inc. (BURL)’s stock with other industry players reveals that stock’s current price change of -3.75% and that of -58.58% over the past 12 months is in competing position with that of Amazon.com Inc. (AMZN) which saw its stock price fall by -1.04% in the last trading and went through a decrease of -30.59% in past 12-month trading. Industry’s another major player Walmart Inc. (WMT) has fall -1.02% down in previous session, but over the past year has faced a fall of -6.52%, while Target Corporation (TGT) was also down -3.82% however its price remained floating in the red at -36.73% over the same period. Burlington Stores Inc. has a P/E ratio of 50.85 against that of Amazon.com Inc.’s 105.49 while Walmart Inc. is showing 26.62 for the same. On the other hand, the S&P 500 Index was down -0.84% in the last trading session while the Dow Jones Industrial closed the session lower at -0.35%.

Having a second look at Burlington Stores Inc. (NYSE:BURL) provides that stock’s average daily trading volume for 3 months was 1.11 million, while it jumped to 1.05 million when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 65.80 million.

The figures also indicate that as of Jul 14, 2022, number of stock’s short shares was 3.95 million which implies a short ratio of 4.03. This shows up a 5.99% of Short Interest in company’s outstanding shares on the day. In July the standing of shares short improved as it was 3.38 million in the previous month. Subtraction of -57.84% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.

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