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Burlington Stores Inc (BURL) – Don’t Be So Quick to Call it Dead

Burlington Stores Inc (NYSE: BURL) is -5.48% lower on its value in year-to-date trading and has touched a low of $174.64 and a high of $298.89 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BURL stock was last observed hovering at around $268.56 in the last trading session, with the day’s gains setting it 0.88%.

Currently trading at $269.44, the stock is -5.42% and -6.06% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.14 million and changing 0.33% at the moment leaves the stock 6.26% off its SMA200. BURL registered 39.17% gain for a year compared to 6-month gain of 8.02%. The firm has a 50-day simple moving average (SMA 50) of $286.8956 and a 200-day simple moving average (SMA200) of $253.12344.

The stock witnessed a -6.93% loss in the last 1 month and extending the period to 3 months gives it a 8.97%, and is -8.26% 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 3.37% over the week and 2.92% over the month.

Burlington Stores Inc (BURL) has around 71049 employees, a market worth around $17.10B and $10.48B in sales. Current P/E ratio is 36.91 and Fwd P/E is 28.54. Profit margin for the company is 4.49%. Distance from 52-week low is 54.28% and -9.85% from its 52-week high. The company has generated returns on investments over the last 12 months (8.09%).

with sales reaching $3.29B over the same period.The EPS is expected to grow by 30.41% this year, but quarterly earnings will post 9.44% year-over-year. Quarterly sales are estimated to grow 5.29% in year-over-year returns.

816.0 institutions hold shares in Burlington Stores Inc (BURL), with institutional investors hold 103.10% of the company’s shares. The shares outstanding are 63.48M, and float is at 63.17M with Short Float at 3.33%. Institutions hold 102.70% 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 5.9214 of the shares totaling 3.77 million with a market value of $905.74 million.

Burlington Stores Inc (BURL) Insider Activity

The most recent transaction is an insider sale by Vecchio Jennifer, the company’s Group President and CMO. SEC filings show that Vecchio Jennifer sold 493 shares of the company’s common stock on Feb 03 ’25 at a price of $275.75 per share for a total of $0.14 million. Following the sale, the insider now owns 58944.0 shares.

Still, SEC filings show that on Jan 02 ’25, Vecchio Jennifer (Group President and CMO) disposed off 494 shares at an average price of $284.95 for $0.14 million. The insider now directly holds 59,437 shares of Burlington Stores Inc (BURL).

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