Last Updated: 12 Nov 2024
Executive Summary
Burlington Stores Inc. (BURL) is a leading branded apparel retailer in the United States, with a market capitalization of $16.4 billion. The company has a strong financial position, with an EBITDA of $961 million and a profit margin of 4.19%. BURL's stock price is currently trading at $258.14, below its 52-week high of $282.49. The company has a forward PE ratio of 27.86, which is attractive compared to the industry average. Analysts have a positive outlook on BURL, with a consensus target price of $309.81.
Company Overview
Burlington Stores, Inc. is a branded apparel retailer that operates over 800 stores in 45 states and Puerto Rico. The company offers a wide range of products for the entire family, including clothing, footwear, accessories, and home goods. BURL's target market is value-conscious shoppers who are looking for affordable, fashionable products.
Fundamental Analysis
BURL's financial performance has been strong in recent quarters. The company's revenue grew by 0.134% year-over-year to $10.2 billion in the latest quarter. Diluted EPS also grew by 1.447% to $6.61. BURL's profit margins have been stable, with an operating margin of 4.46% and a net profit margin of 4.19%.
The company's balance sheet is also strong. BURL has $1.2 billion in cash and equivalents and no long-term debt. The company's current ratio is 1.5, which is above the industry average.
Technical Analysis
BURL's stock price has been trending higher in recent months. The stock is currently trading above its 50-day and 200-day moving averages. The relative strength index (RSI) is also above 50, indicating that the stock is in a bullish trend.
Short Term Outlook
In the short term, BURL's stock price is likely to continue to trend higher. The company's strong financial performance and positive analyst sentiment are likely to support the stock price. However, the stock could face some headwinds in the near term, such as rising inflation and supply chain disruptions.
Long Term Outlook
In the long term, BURL's stock price is likely to continue to grow. The company has a strong business model and a loyal customer base. BURL is also well-positioned to benefit from the growing trend of value-conscious shopping.
Analyst Recommendations
Analysts have a positive outlook on BURL. The consensus target price is $309.81, which represents a potential upside of 20% from the current price. Seven analysts have a strong buy rating on the stock, while 11 have a buy rating. Only three analysts have a hold rating on the stock, and none have a sell or strong sell rating.
