Earnings Report: Here’s what to expect from Burlington Stores Stock Forecast, Price & News (NYSE:BURL)

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Earnings results for Burlington Stores Stock Forecast, Price & News (NYSE:BURL)

Burlington Stores, Inc. is expected* to report earnings on 08/27/2020 before market open. The report will be for the fiscal Quarter ending Jul 2020. According to Zacks Investment Research, based on 10 analysts’ forecasts, the consensus EPS forecast for the quarter is $-1.09. The reported EPS for the same quarter last year was $1.3599999999999999.

Burlington Stores last announced its earnings results on May 28th, 2020. The reported ($4.76) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.23) by $3.53. The business had revenue of $801.50 million for the quarter, compared to the consensus estimate of $883.81 million. Its quarterly revenue was down 51.0% on a year-over-year basis. Burlington Stores has generated $7.41 earnings per share over the last year and currently has a price-to-earnings ratio of 284.7. Burlington Stores has confirmed that its next quarterly earnings report will be published on Thursday, August 27th, 2020.

Analyst Opinion on Burlington Stores Stock Forecast, Price & News (NYSE:BURL)

25 Wall Street analysts have issued ratings and price targets for Burlington Stores in the last 12 months. Their average twelve-month price target is $232.26, predicting that the stock has a possible upside of 18.24%. The high price target for BURL is $255.00 and the low price target for BURL is $170.00. There are currently 5 hold ratings and 20 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Burlington Stores has received a consensus rating of Buy. The company’s average rating score is 2.80, and is based on 20 buy ratings, 5 hold ratings, and no sell ratings. According to analysts’ consensus price target of $232.26, Burlington Stores has a forecasted upside of 18.2% from its current price of $196.43. Burlington Stores has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: Burlington Stores Stock Forecast, Price & News (NYSE:BURL)

Burlington Stores does not currently pay a dividend. Burlington Stores does not have a long track record of dividend growth.

Insiders buying/selling: Burlington Stores Stock Forecast, Price & News (NYSE:BURL)

In the past three months, Burlington Stores insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $6,588,457.00 in company stock. Only 1.48% of the stock of Burlington Stores is held by insiders.

Earnings and Valuation of Burlington Stores Stock Forecast, Price & News (NYSE:BURL

Earnings for Burlington Stores are expected to grow in the coming year, from ($1.65) to $7.30 per share. The P/E ratio of Burlington Stores is 284.69, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.69. The P/E ratio of Burlington Stores is 284.69, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 33.97. Burlington Stores has a P/B Ratio of 24.65. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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