Alert: New Earnings Report (3/7/24)-Burlington Stores Inc (NYSE: BURL).

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Burlington Stores Inc (NYSE: BURL) has reported E.P.S. of $3.53 for its fourth fiscal quarter (ending January 31) versus $2.84 for the same period a year ago. E.P.S. were $5.23 for the latest four quarters through January 31 versus $3.51 for the same period a year ago.

Recent Price Action

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Burlington Stores Inc (NYSE: BURL) stock closed at $221.26 on 3/7/24 after a very large increase of 7.5%. Moreover, trading volume in this advance was exceptionally high at 325% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 7.7% during the last week.

Current PriceTarget Research Rating

BURL’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

Burlington Stores has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Burlington Stores has a poor Appreciation Score of 20 but a good Power Rating of 82, with the Neutral Value Trend Rating the result.

Rating Review

In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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