|Bid||0.00 x 1100|
|Ask||225.96 x 1200|
|Day's Range||224.57 - 227.54|
|52 Week Range||136.30 - 236.02|
|Beta (5Y Monthly)||0.26|
|PE Ratio (TTM)||34.36|
|Earnings Date||Mar 04, 2020 - Mar 08, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||242.95|
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 is showing similar action as Target. It wasn't a gap up, and it hasn't pulled back as much or as long. But it's held the bulk of the gains from its 8.5% move on earnings. Relative strength line holding strong.
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.
Macerich (MAC) refinances Kings Plaza shopping center with a 10-year fixed rate loan. The former $427.4 million loan for the property has been repaid in full.
The retailer needs a solid plan that convinces investors that a comeback is in the cards. While its New York flagship bustles, many of its other stores around the U.S. are struggling, and a quick end to the slump isn’t in sight.
The discount chain reported better earnings than expected and raised its forecast for its full-year profit. The stock gained 3.4% in premarket trading.
Amid a challenging retail environment, PREIT's (PEI) strategic efforts like anchor repositioning, redevelopment and re-merchandising initiatives help boost mall traffic during this holiday season.
Is Burlington Stores Inc (NYSE:BURL) a good equity to bet on right now? We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks among hedge fund investors have historically outperformed the market after […]
Target Corp., Best Buy Co. Inc. and Lululemon Athletica Inc. are among the winners from the record-breaking holiday shopping weekend, analysts say. About 160 million people went to stores over Thanksgiving weekend, spending an average of $504, up 50% from last year, according to data from the International Council of Shopping Centers. Online shoppers spent $4.2 billion on Thanksgiving, the first time the final tally exceeded $4 billion.
Burlington Stores’ transformation has led to strong earnings growth for the discount retailer, and more improvements could lie ahead.