Burlington Stores Inc (NYSE: BURL) is 29.81% 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 $246.83 in the last trading session, with the day’s gains setting it 5.62%.
Currently trading at $252.45, the stock is -4.38% and -4.25% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.13 million and changing 2.28% at the moment leaves the stock 12.55% off its SMA200. BURL registered 104.23% gain for a year compared to 6-month gain of 32.79%. The firm has a 50-day simple moving average (SMA 50) of $263.6644 and a 200-day simple moving average (SMA200) of $224.2918.
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The stock witnessed a -8.30% loss in the last 1 month and extending the period to 3 months gives it a 3.12%, and is -4.48% down 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 3.53% over the week and 2.69% over the month.
Burlington Stores Inc (BURL) has around 71049 employees, a market worth around $16.07B and $10.24B in sales. Current P/E ratio is 37.97 and Fwd P/E is 26.13. Profit margin for the company is 4.18%. Distance from 52-week low is 118.27% and -10.63% from its 52-week high. The company has generated returns on investments over the last 12 months (8.04%).
with sales reaching $2.55B over the same period.The EPS is expected to grow by 30.84% this year, but quarterly earnings will post 9.60% year-over-year.
Burlington Stores Inc (BURL) Top Institutional Holders
744.0 institutions hold shares in Burlington Stores Inc (BURL), with institutional investors hold 104.45% of the company’s shares. The shares outstanding are 63.96M, and float is at 63.35M with Short Float at 2.83%. Institutions hold 104.05% 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 Marquette Travis, the company’s President and COO. SEC filings show that Marquette Travis sold 84 shares of the company’s common stock on Oct 07 ’24 at a price of $250.91 per share for a total of $21076.0. Following the sale, the insider now owns 16853.0 shares.
Burlington Stores Inc disclosed in a document filed with the SEC on Oct 01 ’24 that Vecchio Jennifer (Group President and CMO) sold a total of 494 shares of the company’s common stock. The trade occurred on Oct 01 ’24 and was made at $257.82 per share for $0.13 million. Following the transaction, the insider now directly holds 60919.0 shares of the BURL stock.
Still, SEC filings show that on Oct 01 ’24, Vecchio Jennifer (Officer) Proposed Sale 494 shares at an average price of $261.94 for $0.13 million. The insider now directly holds shares of Burlington Stores Inc (BURL).
