Burlington Stores Inc (NYSE: BURL) has reported E.P.S. of $1.16 for its second fiscal quarter (ending July 31) versus $0.48 for the same period a year ago. For the latest four quarters through July 31, E.P.S. were $6.69 versus $4.08 for the same period a year ago.
Recent Price Action
On 8/29/24, Burlington Stores Inc (NYSE: BURL) stock declined by -2.1%, closing at $267.17. Moreover, exceptionally high trading volume at 230% of normal accompanied the decline. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -1.7% during the last week.
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 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 25 but a good Power Rating of 82, with the Neutral Value Trend Rating the result.
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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