|Bid||0.00 x 100000|
|Ask||0.00 x 100000|
|Day's Range||143.38 - 143.38|
|52 Week Range||108.36 - 157.09|
|Beta (3Y Monthly)||-0.07|
|PE Ratio (TTM)||23.74|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
John Kernan maintains an Outperform rating on Burlington Stores Inc (NYSE: BURL) with a $165 target. Kernan said that while store checks can be somewhat anecdotal, it was obvious within the shopping centers visiting that TJ Maxx, Marshalls and HomeGoods saw some of the heaviest traffic and significantly above the Ross and Burlington stores he visited.
"Of course, all the bank stocks are cheap here, but unlike the rest of the industry, Chemical Financial actually has a catalyst, thanks to the upcoming TCF merger," CNBC's Jim Cramer says. "The Labor Department's nonfarm payrolls report gave you some goldilocks numbers, alright, with just the right amount of job growth and just the right amount of wage inflation," the "Mad Money" host says. "I think you should buy [Burlington] ahead of ... Wednesday, when I expect everyone to hear that Burlington's issues have been cleared up," he says.
Who is left? Which retailer hasn't moved that might turn out to be a home run now that so many others have rounded the base paths? I think it's Burlington Stores , the off-price clothing retail chain still thought of by many -- incorrectly I might add -- as Burlington Coat Factory.
"I think you have to buy this stock ahead of when everyone hears that the issues have been cleared up that —for the first time — caused the company to go off course," CNBC's Jim Cramer says. "[CEO Tom] Kingsbury's got a fantastic team and I don't think they're gonna repeat whatever fashion mistakes they made last quarter. Burlington Stores is a great company that deserves the benefit of the doubt after its brief stumble," he says.
Burlington Stores shares plunged 16% last week after sales fell short of expectations last quarter. However, the company still has strong long-term growth prospects.
The Dow Jones Industrial Average fell Thursday for a fourth straight session even after the European Central Bank said it would keep interest rates at near-record lows until at least the end of the year, effectively insuring the Federal Reserve won't tighten anytime soon. posted weaker-than-expected fourth-quarter earnings Thursday and 2019 guidance disappointed investors, sending shares sharply lower. posted fourth-quarter adjusted earnings of $2.83 a share, beating Wall Street forecasts of $2.77, but same-store sales came in below estimates.
Stocks that moved substantially or traded heavily on Thursday: Resideo Technologies Inc., down $5.79 to $18.96 The smart-home device maker beat Wall Street's fourth-quarter sales forecast, but its profit ...
Burlington Stores earnings beat Q4 views Thursday, but the off-price retailer missed sales targets and gave weak Q1 guidance. Shares fell.
Earnings themselves beat estimates, leading one analyst to reiterate her bullish call on the stock—and highlight a possible buying opportunity in the dip.
Wall Street fell on Thursday, led by financials stocks, as investors were spooked by the European Central Bank's (ECB) return to pump-priming loans to stimulate a struggling euro zone economy. The ECB also pushed out the timeline on its first post-crisis rate hike to at least next year, adding to a cocktail of concerns over trade tensions, Brexit and global growth risks, which have weighed on markets over the past year. The interest rate sensitive financial sector dropped 1.4 percent, the most among the S&P sectors weighed by a fall in Wall Street's big lenders.
Stocks downshifted in early trade Thursday. Guidewire led stocks rising on earnings reports, and the Dow Jones industrials eyed a fourth straight decline.
Cybersecurity stock Okta, Tech Data, Costco Wholesale, Burlington Stores, Kroger and El Pollo Loco are notable stocks reporting earnings Thursday.
Burlington Stores (NYSE: BURL ) announces its next round of earnings this Thursday, Mar. 7. Here is Benzinga's everything-that-matters guide for the Q4 earnings announcement. Earnings and Revenue Burlington ...
Ross Stores fell late on weak earnings guidance, despite a dividend hike and buyback. Urban Outfitters earnings beat and margins rose. The youth apparel chain rose late.
Short interest is low for BURL with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices.
Once-hot Chico's shares plummeted by almost 40% on another ugly quarterly report. Meanwhile, even Burlington fans would probably be stunned at its consistently growing profitability.
A focus on underrepresented product categories could boost Burlington Stores' (BURL) financial outlook. It is seeking to increase its exposure to areas such as home and beauty, where it may be able to develop a competitive advantage. The company is also increasing its rate of new store openings.