New Lifetime High Reached By Burlington Stores (BURL)
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
Trade-Ideas LLC identified
(
) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Burlington Stores as such a stock due to the following factors:
- BURL has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $41.6 million.
- BURL has traded 21,323 shares today.
- BURL is trading at a new lifetime high.
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More details on BURL:
Burlington Stores, Inc. operates as a retailer of branded apparel products in the United States. The company provides fashion-focused merchandise, such as women's ready-to-wear apparel, menswear, youth apparel, baby products, footwear, accessories, home goods, and coats. Currently there are 9 analysts that rate Burlington Stores a buy, no analysts rate it a sell, and none rate it a hold.
The average volume for Burlington Stores has been 967,600 shares per day over the past 30 days. Burlington Stores has a market cap of $4.1 billion and is part of the services sector and retail industry. Shares are up 18.8% year-to-date as of the close of trading on Monday.
Analysis:
rates Burlington Stores as a
. The area that we feel has been the company's primary weakness has been its feeble growth in its earnings per share.
Highlights from the ratings report include:
- The change in net income from the same quarter one year ago has significantly exceeded that of the Multiline Retail industry average, but is less than that of the S&P 500. The net income has significantly decreased by 103.0% when compared to the same quarter one year ago, falling from -$16.86 million to -$34.21 million.
- BURLINGTON STORES INC has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. This year, the market expects an improvement in earnings ($1.72 versus $0.61).
- 40.09% is the gross profit margin for BURLINGTON STORES INC which we consider to be strong. It has increased from the same quarter the previous year.
- Net operating cash flow has improved to $36.93 million from having none in the same quarter last year. Since the company had no net operating cash flow for the prior period, we cannot calculate a percent change in order to compare its growth rate with that of its industry average.
- BURL's revenue growth has slightly outpaced the industry average of 3.4%. Since the same quarter one year prior, revenues slightly increased by 8.7%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
- You can view the full Burlington Stores Ratings Report.
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