Burlington Stores Inc. (NYSE:BURL) traded at $189.96 at close of the session on Tuesday, 11/22/22, made an upward move of 20.50% on its previous day’s price.
Looking at the stock we see that its previous close was $157.64 and the beta (5Y monthly) reads 0.91 with the day’s price range being $177.185 – $192.32. The company has a trailing 12-month PE ratio of 78.59. In terms of its 52-week price range, BURL has a high of $304.17 and a low of $106.47. The company’s stock has gained about 51.79% over that past 30 days.
Burlington Stores Inc. has a market cap of $11.90 billion and is expected to release its quarterly earnings report on Nov 21, 2022 – Nov 25, 2022. Estimates by analysts give the company expected earnings per share (EPS) of $0.52, with the EPS growth for the year raised at $4.02 for 2023 and $6.13 for next year. These figures represent -52.20% and 52.50% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $2.06 billion, with a low of $2.01 billion and a high of $2.1 billion. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2023 is expected to hit $8.56 billion, or -8.10% down from figures reported last year.
There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the BURL stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 50% Sell. Long term indicators on average place the stock in the category of 50% Buy.
Looking further, we note that the PEG ratio for the BURL stock currently stands at 12.48, and the current price level is 32.14% off its SMA20 and 45.39% from its 50-day simple moving average. The RSI (14) is pointing at 78.80 while the volatility over the past week is 6.23% and jumps to 5.96% over the past one month. The beta value is 0.99, while the average true range (ATR) is currently pointing at 10.69. The average price target for the stock over the next 12 months is $181.06, with the estimates having a low of $100.00 and a high of $240.00. These price ends are 47.36% and -26.34% off the current price level respectively, although investors could be excited at the prospect of a 7.88% if the BURL share price touches on the median price of $175.00.
Let’s briefly compare Burlington Stores Inc. (BURL) stock to its peers. We find that current price change of 20.50% and -27.77% over the past 12 months for BURL competes that of Amazon.com Inc. (AMZN), which has seen its stock price rise 0.80% in the last trading session and was -47.82% over the last one year. Another of its peers Walmart Inc. (WMT) has gained 0.36% previous session, and was 4.77% up over the past year, while Target Corporation (TGT) was also down -0.10% in the last session, while its price remained in the red at -35.45% over the same period. Burlington Stores Inc. has a P/E ratio of 78.59 compared to Amazon.com Inc.’s 85.98 and Walmart Inc.’s 46.88. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial were at 1.36% and 1.18%, respectively, at close of the trading.
Coming back to Burlington Stores Inc. (NYSE:BURL), we note that the average 3-month trading volume was 1.42 million, while that of the preceding 10-day period stands at 1.75 million. Current shares outstanding are 65.80 million.
The insiders hold 0.30% of the company’s shares. The data shows that short shares as of Oct 13, 2022, stood at 4.26 million at a short ratio of 3.42. This represents a 6.51% short interest in shares outstanding on Oct 13, 2022. Shares short rose in October from the previous month at 3.61 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -34.84% down in year-to-date price movement.