Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Burlington Stores Inc before investing.

In this article, we go over a few key elements for understanding Burlington Stores Inc’s stock price such as:

• Burlington Stores Inc’s current stock price and volume
• Why Burlington Stores Inc’s stock price changed recently
• Upgrades and downgrades for BURL from analysts
• BURL’s stock price momentum as measured by its relative strength

About Burlington Stores Inc (BURL)

Before we jump into Burlington Stores Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Burlington Stores, Inc. is an off-price retailer of branded apparel, footwear, accessories, and merchandise for the home at everyday low prices. The Company’s stores offer an extensive selection of in-season, fashion-focused merchandise, including women’s ready-to-wear apparel, menswear, youth apparel, baby, beauty, footwear, accessories, home, toys, gifts, and coats. It has five distribution centers. Its two east coast distribution centers are located in Edgewater Park, New Jersey and Burlington, New Jersey. Its three west coast distribution centers are located in San Bernardino, California, Redlands, California, and Riverside, California. These five distribution centers occupy an aggregate of about 4,106,000 square feet, and each includes processing, shipping, and storage capabilities. In addition to the distribution centers, it has arrangements with third parties for the use of pool point facilities. It operates about 1007 stores, principally under the name Burlington Stores.

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Burlington Stores Inc’s Stock Price as of Market Close

As of May 24, 2024, 4:00 PM, CST, Burlington Stores Inc’s stock price was $200.37.

Burlington Stores Inc is up 7.36% from its previous closing price of $186.64.

During the last market session, Burlington Stores Inc’s stock traded between $183.61 and $188.46. Currently, there are 64.13 million shares of Burlington Stores Inc stock available for purchase.

Burlington Stores Inc’s price-earnings (P/E) ratio is currently at 35.6, which is high compared to the Retailers - Apparel & Accessories industry median of 13.6. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Burlington Stores Inc Stock Price History

Burlington Stores Inc’s (BURL) price is currently up 11.35% so far this month.

During the month of May, Burlington Stores Inc’s stock price has reached a high of $202.11 and a low of $175.30.

Over the last year, Burlington Stores Inc has hit prices as high as $232.69 and as low as $115.66. Year to date, Burlington Stores Inc’s stock is down 1.18%.

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What Caused Burlington Stores Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of May 23, 2024, there were 6 analysts who downgraded Burlington Stores Inc’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Burlington Stores Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Burlington Stores Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Burlington Stores Inc’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Burlington Stores Inc (BURL) by visiting AAII Stock Evaluator.

Relative Price Strength of Burlington Stores Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of May 23, 2024, Burlington Stores Inc has a weighted four-quarter relative price strength of -4.83%, which translates to a Momentum Score of 48 and is considered to be Average.

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Burlington Stores Inc Stock Price: Bottom Line

As of May 24, 2024, Burlington Stores Inc’s stock price is $200.37, which is up 7.36% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Burlington Stores Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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