Media headlines about Burlington Stores (NYSE:BURL) have trended positive this week, Accern Sentiment Analysis reports. The research firm scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Burlington Stores earned a media sentiment score of 0.26 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 46.8032045847009 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:
Burlington Stores (NYSE BURL) traded up $3.58 during trading on Friday, reaching $125.88. 1,140,000 shares of the company were exchanged, compared to its average volume of 1,030,000. The company has a debt-to-equity ratio of -11.71, a current ratio of 1.02 and a quick ratio of 0.22. Burlington Stores has a 12 month low of $79.07 and a 12 month high of $126.69. The stock has a market cap of $8,590.00, a price-to-earnings ratio of 33.04, a P/E/G ratio of 1.64 and a beta of 0.56.
Burlington Stores (NYSE:BURL) last posted its quarterly earnings data on Tuesday, November 21st. The company reported $0.70 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.65 by $0.05. The company had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.44 billion. Burlington Stores had a net margin of 4.61% and a negative return on equity of 374.86%. The firm’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.51 EPS. equities analysts predict that Burlington Stores will post 4.28 EPS for the current year.
Several research analysts recently weighed in on the stock. TheStreet raised shares of Burlington Stores from a “c+” rating to a “b-” rating in a report on Monday, November 13th. SunTrust Banks set a $109.00 target price on shares of Burlington Stores and gave the stock a “buy” rating in a report on Monday, October 16th. Royal Bank of Canada reaffirmed a “buy” rating and issued a $115.00 target price (up previously from $104.00) on shares of Burlington Stores in a report on Wednesday, November 22nd. Buckingham Research reissued a “buy” rating and set a $107.00 price objective on shares of Burlington Stores in a report on Thursday, October 19th. Finally, Zacks Investment Research raised shares of Burlington Stores from a “hold” rating to a “buy” rating and set a $105.00 price objective for the company in a report on Wednesday, November 1st. Four investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $112.84.
In other news, CEO Thomas Kingsbury sold 20,000 shares of the stock in a transaction that occurred on Wednesday, January 10th. The shares were sold at an average price of $121.54, for a total transaction of $2,430,800.00. Following the transaction, the chief executive officer now directly owns 406,808 shares in the company, valued at $49,443,444.32. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Joyce Manning Magrini sold 2,400 shares of the firm’s stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $95.37, for a total transaction of $228,888.00. Following the completion of the sale, the executive vice president now owns 46,013 shares of the company’s stock, valued at $4,388,259.81. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 87,701 shares of company stock worth $9,524,858. Corporate insiders own 2.60% of the company’s stock.
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Burlington Stores Company Profile
Burlington Stores, Inc is a retailer of branded apparel. As of January 28, 2017, the Company operated 592 retail stores, inclusive of an Internet store, in 45 states and Puerto Rico. Its product categories include coats, women, men, juniors, girls, boys, shoes, handbags and accessories, beauty and fragrance, home and toys.
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