Burlington Stores Inc (NYSE: BURL) is 41.55% higher on its value in year-to-date trading and has touched a low of $115.66 and a high of $282.49 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BURL stock was last observed hovering at around $267.40 in the last trading session, with the day’s gains setting it 7.89%.
Currently trading at $275.29, the stock is 3.04% and 7.59% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.75 million and changing 2.95% at the moment leaves the stock 28.08% off its SMA200. BURL registered 80.41% gain for a year compared to 6-month gain of 24.51%.
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The stock witnessed a 6.99% loss in the last 1 month and extending the period to 3 months gives it a 18.98%, and is 2.98% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.70% over the week and 2.48% over the month.
Burlington Stores Inc (BURL) has around 71049 employees, a market worth around $17.52B and $10.24B in sales. Current P/E ratio is 41.41 and Fwd P/E is 28.51. Profit margin for the company is 4.18%. Distance from 52-week low is 138.02% and -2.55% from its 52-week high. The company has generated returns on investments over the last 12 months (8.04%).
The EPS is expected to grow by 30.76% this year
753.0 institutions hold shares in Burlington Stores Inc (BURL), with institutional investors hold 104.87% of the company’s shares. The shares outstanding are 63.96M, and float is at 63.35M with Short Float at 3.07%. Institutions hold 104.46% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 6.38 million shares valued at $1.53 billion. The investor’s holdings represent 9.9886 of the BURL Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 6.32 million shares valued at $1.52 billion to account for 9.888 of the shares outstanding. The other top investors are CAPITAL INTERNATIONAL INVESTORS which holds 6.09 million shares representing 9.5277 and valued at over $1.46 billion, while JPMORGAN CHASE & CO holds 5.903 of the shares totaling 3.77 million with a market value of $904.87 million.
Burlington Stores Inc (BURL) Insider Activity
The most recent transaction is an insider sale by Ferroni Stephen, the company’s SVP, Chief Accounting Officer. SEC filings show that Ferroni Stephen sold 1,875 shares of the company’s common stock on Sep 09 ’24 at a price of $264.49 per share for a total of $0.5 million. Following the sale, the insider now owns 1904.0 shares.
Burlington Stores Inc disclosed in a document filed with the SEC on Sep 03 ’24 that Vecchio Jennifer (Group President and CMO) sold a total of 494 shares of the company’s common stock. The trade occurred on Sep 03 ’24 and was made at $265.89 per share for $0.13 million. Following the transaction, the insider now directly holds 61413.0 shares of the BURL stock.
Still, SEC filings show that on Sep 03 ’24, Vecchio Jennifer (Officer) Proposed Sale 494 shares at an average price of $266.06 for $0.13 million. The insider now directly holds shares of Burlington Stores Inc (BURL).
