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Is BURL Stock a Buy, Hold or Sell at a P/E Multiple of 28.6x?
ZACKS· 2024-10-17 18:21
Burlington Stores, Inc. (BURL) is currently trading at a forward 12-month price-to-earnings (P/E) ratio of 28.54, slightly above its historical median of 27.85 over the past year, but still at a modest discount to the industry average of 29.75. This blend of higher valuation relative to its historical benchmark, yet undervalued compared to peers, presents a potential opportunity for investors seeking growth at a reasonable price while the market remains cautiously optimistic. Image Source: Zacks Investment ...
BURL Gains From Robust Comparable Sales & Operational Efficiencies
ZACKS· 2024-10-10 15:20
Burlington Stores, Inc.'s (BURL) strong sales growth in the second quarter of 2024, driven by an aggressive store expansion strategy, robust comparable sales performance and operational efficiencies, positions the company for sustained success. Enhanced inventory management and operational efficiencies have boosted profitability. The company's revised guidance for fiscal 2024 reflects confidence in its continued strong performance, with expectations for improved margins and earnings. Investments in supply-c ...
BURL Stock Trading Above 200 & 50-Day SMA: What's Next for Investors?
ZACKS· 2024-09-27 13:01
Burlington Stores, Inc. (BURL) has demonstrated strong upward momentum, trading above its 200-day and 50-day simple moving averages (SMA). SMA is a key indicator of price stability and long-term bullish trends. BURL closed yesterday's trading session at $274.76, ahead of its 200-day and 50-day SMA of $220.42 and $262.50, respectively, highlighting a continued uptrend. This technical strength, along with sustained momentum, reflects positive market sentiment and investor confidence in BURL's financial health ...
BURL Stock Climbs 103% in a Year: Did You Miss the Investment Wave?
ZACKS· 2024-09-24 12:35
Burlington Stores, Inc. (BURL) has seen an impressive surge in its stock price over the past year, which climbed 102.7% and surpassed the Zacks Retail-Discount Stores industry's 45.3% growth. This is owing to the company's effective inventory management and focus on full-price selling, which has also helped it to outperform the broader Retail-Wholesale sector and the S&P 500 index's respective growth of 30.3% and 31.2% in the same period. This impressive uptick has left many investors wondering if they miss ...
Is Burlington Stores (BURL) Stock Undervalued Right Now?
ZACKS· 2024-09-23 14:46
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use fundamental analysis and ...
Are You Looking for a Top Momentum Pick? Why Burlington Stores (BURL) is a Great Choice
ZACKS· 2024-09-18 17:06
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock cha ...
4 Retail Discount Stocks to Seize Opportunities Despite Industry Woes
ZACKS· 2024-09-16 18:01
Industry Overview - The Retail – Discount Stores industry is undergoing transformation due to economic pressures and changing consumer behaviors, with inflation and higher interest rates affecting consumer spending patterns and confidence [1] - This industry caters to price-conscious consumers seeking value-for-money products, operating on a low-cost business model that focuses on cost-efficient operations and bulk purchasing [3] Key Industry Trends - Soft demand may impact revenues as elevated interest rates and inflationary pressures threaten consumer spending, with inflation remaining above the Federal Reserve's long-term target of 2% [4] - Pressure on margins is expected to persist due to competition from e-commerce players, leading companies to enhance their digital ecosystems and shipping capabilities, which incurs high costs [5] - Consumers are increasingly seeking better bargains, prompting retailers to innovate with compelling products and enhance digital capabilities to attract price-sensitive shoppers [6] - Digitization is crucial for growth, with companies investing in digital platforms, delivery options, and store renovations to adapt to changing shopping patterns [7] Industry Performance - The Zacks Retail - Discount Stores industry currently ranks 194, placing it in the bottom 23% of over 250 Zacks industries, indicating bleak near-term prospects [8][9] - The industry's earnings estimate has declined by 0.3% since December 2023, reflecting a negative earnings outlook for constituent companies [10] Market Comparison - Over the past year, the Retail – Discount Stores industry has outperformed the broader Retail – Wholesale sector and the S&P 500, with a collective stock increase of 41.9% compared to 24.2% and 25.7% respectively [11] Valuation Metrics - The industry is currently trading at a forward 12-month price-to-earnings (P/E) ratio of 30.63, higher than the S&P 500's 21.45 and the sector's 23.35 [12] Company Highlights - **Burlington Stores**: Demonstrates strong adaptability to consumer trends, with a focus on balancing promotions and regular price sales, leading to a projected revenue growth of 10% and EPS growth of 30.5% for the current financial year [13] - **Costco**: Benefits from growth strategies and membership trends, with expected revenue growth of 5.1% and EPS growth of 10.4% for the current financial year [15] - **TJX Companies**: Thrives on flexibility and strong vendor relationships, with projected revenue growth of 3.6% and EPS growth of 10.4% for the current financial year [16] - **Target**: Focuses on enhancing omnichannel capabilities and integrating advanced technologies, with an expected EPS growth of 6.6% for the current financial year [18]
Burlington Stores CEO Says Lower-Income Shoppers Gaining Amid Economic Shifts
PYMNTS.com· 2024-09-10 19:52
As Burlington Stores CEO Michael O'Sullivan discussed the company's strong fiscal results during its secondquarter earnings call (Aug. 29), he offered his thoughts related to strategic changes and their positive impact. "Over the past 18 months the external environment has become more favorable," O'Sullivan said. "Two years ago, our core low-income customer was under severe economic pressure from the higher cost of living. Since then, it feels as if two things have happened. As inflation has moderated, the ...
Ashwood Glen School Achieves Official IB Accreditation as Burlington's Exclusive World School for the IB Primary Years Programme
GlobeNewswire News Room· 2024-09-10 12:30
Core Insights - Ashwood Glen School has achieved certification as an International Baccalaureate (IB) World School for the Primary Years Programme (PYP), making it the only provider of this program in Burlington, Ontario [1][2] - This certification positions Ashwood Glen among only 100 schools in Canada offering the IB PYP, aligning with its mission to inspire and empower students [2][4] - The IB curriculum emphasizes a balance of rigorous academics and personal development, preparing students for a rapidly changing world [3][4] Educational Approach - The IB Primary Years Programme at Ashwood Glen focuses on student-centered learning, fostering critical thinking and a passion for lifelong learning [5] - It nurtures globally-minded students through an inquiry-based approach, encouraging curiosity and cross-disciplinary thinking [5] - The program promotes holistic development, balancing personal growth with academic achievement, and equips students with future-ready skills for higher education [5][7] Institutional Overview - Ashwood Glen School combines Montessori and IB methodologies to deliver a world-class curriculum from Preschool through Grade 8 [7] - The school aims to cultivate curiosity through inquiry-based learning and instill a global perspective, preparing students to become future leaders and innovators [7]
Burlington Stores (BURL) Crossed Above the 20-Day Moving Average: What That Means for Investors
ZACKS· 2024-09-06 14:36
Burlington Stores (BURL) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, BURL crossed above the 20-day moving average, suggesting a shortterm bullish trend. A well-liked tool among traders, the 20-day simple moving average offers a look back at a stock's price over a 20-day period. This is very beneficial to short-term traders, as it smooths out short-term price trends and gives more trend reversal signals than longer-term moving ave ...