Burlington Stores Inc (NYSE: BURL) has reported earnings for its third fiscal quarter (ending October 31) of $1.40 versus $0.75 for the same period a year ago — an increase of 87%. For the latest four quarters through October 31, E.P.S. were $7.32 versus $4.57 for the same period a year ago — an increase of 60%.
Recent Price Action
On 11/26/24, Burlington Stores Inc (NYSE: BURL) stock declined modestly by -1.6%, closing at $286.94. Moreover, exceptionally high trading volume at 229% of normal accompanied the decline. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 5.6% during the last week.
Current PriceTarget Research Rating
Burlington Stores has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Burlington Stores has a poor Appreciation Score of 30 but a good Power Rating of 82, triggering the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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