Burlington Stores, Inc. (BURL) was a big mover last session, as the company saw its shares rise over 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock was down 14% from Nov 15 to Dec 10.
The company has seen no estimate revision in the past 30 days, while its Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s jump lasts.
Burlington Stores currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Better-ranked stocks in the retail wholesale sector include Conns Inc. (CONN), Autobytel Inc. (ABTL) and Bon-Ton Stores Inc. (BONT). All these have a Zacks Rank #1 (Strong Buy).
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BURLINGTON STORES INC (BURL): Free Stock Analysis Report
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