Burlington Stores Inc [BURL] Stock trading around $235.55 per share: What’s Next?

Burlington Stores Inc [NYSE: BURL] closed the trading session at $235.55.

The stocks have a year to date performance of 21.12 percent and weekly performance of 27.19 percent. The stock has been moved at 37.43 percent over the last six months. The stock has performed 30.90 percent around the most recent 30 days and changed 14.85 percent over the most recent 3-months.

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If compared to the average trading volume of 1.03M shares, BURL reached to a volume of 4986451 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Burlington Stores Inc [BURL]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BURL shares is $249.34 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BURL stock is a recommendation set at 1.62. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

UBS have made an estimate for Burlington Stores Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on May 02, 2024. While these analysts kept the previous recommendation, Telsey Advisory Group raised their target price from $225 to $250. The new note on the price target was released on March 08, 2024, representing the official price target for Burlington Stores Inc stock. Previously, the target price had yet another raise from $155 to $240, while Piper Sandler kept a Overweight rating on BURL stock.

The Average True Range (ATR) for Burlington Stores Inc is set at 8.33, with the Price to Sales ratio for BURL stock in the period of the last 12 months amounting to 1.51. The Price to Book ratio for the last quarter was 15.11, with the Price to Cash per share for the same quarter was set at 11.62. Price to Free Cash Flow for BURL in the course of the last twelve months was 36.72 with Quick ratio for the last quarter at 0.52.

BURL stock trade performance evaluation

Burlington Stores Inc [BURL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 27.19. With this latest performance, BURL shares gained by 30.90% in over the last four-week period, additionally plugging by 37.43% over the last 6 months – not to mention a rise of 52.72% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BURL stock in for the last two-week period is set at 79.65, with the RSI for the last a single of trading hit 86.21, and the three-weeks RSI is set at 73.53 for Burlington Stores Inc [BURL]. The present Moving Average for the last 50 days of trading for this stock 197.27, while it was recorded at 204.39 for the last single week of trading, and 175.82 for the last 200 days.

Burlington Stores Inc [BURL]: An insightful look at the core fundamentals

Burlington Stores Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.52 and a Current Ratio set at 1.07.

Earnings per share (EPS) analysis for Burlington Stores Inc [BURL] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BURL. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Burlington Stores Inc go to 18.10%.

Burlington Stores Inc [BURL]: Institutional Ownership

The top three institutional holders of BURL stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in BURL stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in BURL stock with ownership which is approximately 5.8386%.