Burlington (BURL, $169.87) fiscal Q1 earnings misses Zacks Consensus Estimate
Burlington Stores reported its fiscal first quarter earnings that fell short of the Zacks Consensus Estimate.
The apparel products retailer’s quarterly adjusted earnings came in at $0.54 per share for the quarter ended April 2022, below the Zacks Consensus Estimate of $0.64 per share. Earnings were $2.59 per share a year ago.
Revenues of $1.93 billion missed the Zacks Consensus Estimate by 4.17%. Revenue was $2.19 billion a year ago. The company has exceeded consensus revenue estimates just once over the last four quarters.
BURL's Indicator enters downward trend
The Aroon Indicator for BURL entered a downward trend on June 07, 2023. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 159 similar instances where the Aroon Indicator formed such a pattern. In of the 159 cases the stock moved lower. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Moving Average Convergence Divergence Histogram (MACD) for BURL turned negative on May 08, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BURL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where BURL's RSI Indicator exited the oversold zone, of 25 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 22 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BURL advanced for three days, in of 303 cases, the price rose further within the following month. The odds of a continued upward trend are .
BURL may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. BURL’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (12.165) is normal, around the industry mean (4.741). P/E Ratio (40.000) is within average values for comparable stocks, (109.892). Projected Growth (PEG Ratio) (0.916) is also within normal values, averaging (4.424). BURL has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.038). P/S Ratio (1.106) is also within normal values, averaging (1.979).
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. BURL’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 81, placing this stock worse than average.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a provider of men's, women's and children's apparel
Industry ApparelFootwearRetail
BURL and
Correlation & Price change
A.I.dvisor indicates that over the last year, BURL has been closely correlated with ROST. These tickers have moved in lockstep 70% of the time. This A.I.-generated data suggests there is a high statistical probability that if BURL jumps, then ROST could also see price increases.
| Ticker / NAME | Correlation To BURL | 1D Price Change % | ||
|---|---|---|---|---|
| BURL | 100% | -0.98% | ||
| ROST - BURL | 70% Closely correlated | -1.62% | ||
| AEO - BURL | 63% Loosely correlated | +2.67% | ||
| ANF - BURL | 61% Loosely correlated | +3.12% | ||
| BKE - BURL | 61% Loosely correlated | +3.61% | ||
| TJX - BURL | 60% Loosely correlated | -0.71% | ||
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