|Bid||0.00 x 800|
|Ask||223.33 x 900|
|Day's Range||221.68 - 223.42|
|52 Week Range||136.30 - 229.96|
|Beta (3Y Monthly)||0.26|
|PE Ratio (TTM)||33.94|
|Earnings Date||Mar 5, 2020 - Mar 9, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||240.15|
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.
Burlington Stores blasted through a 209.46 buy point and past the 5% chase zone. The off-price retail leader reported accelerating earnings growth. Holiday EPS guidance was not great.Rival Ross Stores also broke out.
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.
Taking the expected bumper Black Friday sales into account, retailers are set to witness a strong year-end rally. Hence, it will be prudent to invest in these retail stocks for handsome returns.
Investors in Burlington Stores, Inc. (NYSE:BURL) had a good week, as its shares rose 9.9% to close at US$226 following...
Burlington Stores (BURL) witnessed decent comparable store sales performance in third-quarter fiscal 2019. Comparable store sales rose 2.7% in the reported quarter.
Tech Data's (TECD) third-quarter fiscal 2020 top line decreases on a year-over-year basis, while the bottom line remains flat year over year.
Ross Stores (ROST) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Casey's (CASY) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
The stock market rebounded late, leaving the major indexes near session highs at the closing bell and at record highs again.
The trading sessions are starting to get quiet as we near Thanksgiving. Let's look at a few top stock trades going into the last full trading session of the week. Top Stock Trades for Tomorrow No. 1: Disney (DIS)Source: Chart courtesy of StockCharts.comDisney (NYSE:DIS) stock has looked great ever since reporting earnings earlier this month. After hitting $150 a few weeks ago, shares recoiled and consolidated in a sideways pattern.This flag resolved higher on Tuesday, with Disney breaking out to new highs.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Strong Buy Stocks That Are Bargains Right Now What now? Well, as long as DIS can hold over $150, then it looks okay on the long side. Back below this mark and it may need more time to consolidate. Keep it simple. Top Stock Trades for Tomorrow No. 2: Palo Alto Networks (PANW)Source: Chart courtesy of StockCharts.comMany traders were looking for Palo Alto Networks (NASDAQ:PANW) to break out over $250 when it reported earnings. Instead, it broke down.Between $218 and $222, PANW has multiple major moving averages as potential support. Falling below them may bring up a test of long-term uptrend support, currently near $210.If Palo Alto can use the $218 to $222 area as support, bulls will need to see the stock reclaim $230. Over this mark and PANW can begin filling the gap up toward $250. Top Stock Trades for Tomorrow No. 3: Burlington Stores (BURL)Source: Chart courtesy of StockCharts.comMany retailers are struggling this earnings season, but Burlington Stores (NYSE:BURL) is not among them. Shares are up almost 9% after better-than-expected earnings.On top of the strong move, BURL stock erupted for a big-time breakout. That move came over $210. Going forward, this is now the must-hold level for bulls. Back below this mark, and BURL stock will need to be reassessed.From here, shares become a buy on the dips. Top Stock Trades for Tomorrow No. 4: Teva (TEVA)Source: Chart courtesy of StockCharts.comTeva (NYSE:TEVA) and others took it on the chin Tuesday as a criminal inquiry over the opioid epidemic weighs on investors.News aside, the technicals paint a simple picture of the 200-day moving average rejecting Teva stock. While uptrend support (blue line) is buoying the name for now, it may be hard for bulls to put much faith in this mark. A break could easily send shares back down to the $8 to $8.50 area.Falling below the 100-day at $7.86 could send shares back down to the $6.50 area. On a rebound, see if the stock can reclaim the 200-day moving average.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long DIS. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Strong Buy Stocks That Are Bargains Right Now * 7 Excellent Bank Stocks Worth an Investment * 4 Small-Cap, Big-Dividend Stocks The post 4 Top Stock Trades for Wednesday: DIS, PANW, BURL, TEVA appeared first on InvestorPlace.
The bond prices of both companies fell, but their stocks held their ground. Retail stocks were generally higher as investors welcomed upbeat news from Best Buy and Burlington Stores.
The latest earnings results and guidance from Burlington Stores show just how well discount retailers continue to outperform their more traditional peers.
On the flip side, mall anchors continue to do everything wrong, failing to compete against cheaper prices at Target, Walmart Inc. (WMT), and the entire universe of e-commerce companies. Iowa convenience store chain Casey's General Stores, Inc. (CASY) topped out in the mid-$130s in 2016 after a multi-year uptrend and entered a persistent downtrend that found support at a three-year low at $90 in June 2018.