246.97 0.00 (0.00%)
After hours: 5:29PM EST
|Bid||248.09 x 3100|
|Ask||248.16 x 800|
|Day's Range||245.52 - 248.89|
|52 Week Range||136.30 - 248.89|
|Beta (5Y Monthly)||0.24|
|PE Ratio (TTM)||37.69|
|Earnings Date||Mar 04, 2020 - Mar 08, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||245.62|
Burlington Stores rose solidly for a third straight day. It's still in buy range after reclaiming its 50-day/10-week line. Also, today it's moving above still-valid 230.80 buy point (at least intraday) from 4-weeks tight cleared in early Jan. Also could be working on new consolidation. Off price peers TJX and Ross Stores are back in buy zones after reclaiming 50-day lines this week. Costco back above 307.20 buy point. BURL was SOTD
Burlington Stores rose toward a 230.06 flat-base buy point, nearly topping it Intraday. Volume was light. Off-price rival TJX looks very similar. Ross Stores too. Other discounters had a good day.
Burlington Stores (BURL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Burlington Stores broke out after the off-price retailer raised its Q4 profit and sales targets. Off-price rivals TJX and Ross Stores are in buy zones.
Burlington Stores (BURL) has made multiple alterations to its business model to adapt to changes in the retail space. The company also raised fourth-quarter and fiscal 2019 view.
Burlington Stores, Inc. (BURL), a nationally recognized off-price retailer of high-quality, branded apparel at everyday low prices, today announced the launch of a debt repricing transaction and provided updated guidance for the fourth quarter and fiscal year ended February 1, 2020. The Company is seeking an amendment to its $961 million senior secured term loan credit facility that matures in 2024 in order to reduce the LIBOR interest rate margin from 2.00% to 1.75%, while maintaining a 0.00% LIBOR floor. For the fourth quarter of Fiscal 2019, Adjusted EPS is expected to be in the range of $3.21-$3.23.
IBD Stock of the Day: Burlington Stores is back in a buy zone, along with off-price peers Ross Stores and TJX, as well as giant Costco Wholesale.
Investments in small and mid-sized public companies helped several T. Rowe Price Group Inc. mutual funds beat the S&P 500 index last year. Across the board, Baltimore-based T. Rowe Price's U.S. mutual funds brought in large returns during one of the best years for the stock market in recent history.
Burlington Stores (BURL) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Dismal margin trend and elevated tariffs act as deterrents for Dollar Tree (DLTR). Additionally, management's fiscal 2019 guidance remains soft.
A former Babies "R" Us store in the Triad is under renovation, and a familiar tenant is expected to open there in May. The 44,554-square-foot Greensboro store at 1214 Bridford Parkway, next to Target in the Wendover Place shopping center, has been leased by Burlington (Coat Factory), which will open its second store in the city. In February 2019, TBJ reported that Burlington would move into a former Toys "R" Us (owned by the same company as Babies "R" Us) at Silas Creek Crossing, near Hanes Mall in Winston-Salem. As TBJ reported in July 2018, Brixmor Property Group (NYSE: BRX), the owner of Wendover Place, bought back the lease after Babies "R" Us and Toys "R" Us closed all of their locations in the U.S. and Britain following a 2017 filing for bankruptcy protection.
Burlington Stores (BURL) intends to improve operating margin and lower the gap of the same compared to peers by augmenting sales, optimizing markdowns and effectively managing inventory.
This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios...
Can the stock market rally keep rising its bullish channel as Iran exits the nuclear deal? Paycom, Disney, Lululemon, Axon, Inphi, Insulet and Burlington Stores are near buy points.
Among Wells Fargo’s top picks for 2020 are L Brands Inc., the parent company to Victoria’s Secret, which is struggling through a turnaround, and RealReal Inc., the luxury secondhand retailer that’s emerging from a controversy about the authenticity of its goods. As Victoria’s Secret struggled to regain favor in the past year, L Brands (LB) stock has tumbled nearly 34%. The company has taken steps to refocus on the lingerie brand, like shuttering Henri Bendel.
Burlington's (BURL) efforts such as change in its business model, better marketing strategies and store expansion plans, and robust top-line performance bode well.
Futures: The stock market rally pulled back Monday even as megacap Apple reversed higher. TJX, Copart, Burlington Stores and Dynatrace moved closer to buy points.
We are still in an overall bull market and many stocks that smart money investors were piling into surged in 2019. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 57% each. Hedge funds' top 3 stock picks returned 44.6% this year and beat the S&P 500 ETFs by […]
Futures: Don't hit the malls after Christmas. After solid holiday sales, Wall Street is offering Shopify, Target, Mastercard, Burlington Stores and JD.com, in or near buy zones.
Burlington Stores (BURL) has steadily increased vendor counts, made technological advancements, initiated better marketing approach and focused on localized assortments.