Stock Rating Upgrade
During the last several trading days the Value Trend Rating for Burlington Stores Inc (NYSE: BURL) improved from C to B reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Burlington Stores Inc (NYSE: BURL) stock closed at $190.71 on 5/20/24 after a modest decline of -1.3%. Trading volume in this decline was normal. The stock is unchanged during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, BURL is expected to continue to be a major Value Builder.
Burlington Stores has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Burlington Stores has a slightly negative Appreciation Score of 37 but a very high Power Rating of 87, and the Positive Value Trend Rating results.
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