Burlington Stores, Inc. | BURL

Daily Technical Analysis of Burlington Stores, Inc.

Burlington Stores is down a bit on the day, funds flowing out kept the price down -1.82% since yesterday.

The Retail company isn't at an immediate support or resistance level that might be predictive. BURL hasn't established a very clear directional momentum over the last few months. So it's not clear exactly where it's going. BURL might find some support at the 282 level, buyers might push the price back up from here. But it's not very clear what will happen.

Analyst Ratings for Burlington Stores By Price Target And Rating

The analysts are pretty neutral on BURLINGTON STORES right now, so not much useful information here. The current Analysts Sentiment Score is 6.39. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. Telsey Advisory Group reiterated a rating of Outperform on 2024-03-04 and also increased their price target by 11.11% to $250.00. Evercore ISI provided a price target boost of 6.82% to $235.00 from $220.00 on 2024-02-23. Piper Sandler upgraded from Neutral to Overweight on 2024-01-17 and moved up their price target to $240.00 which is a 54.84% increase. On 2023-11-27 UBS Group increased their price target by 5% to $126.00. Morgan Stanley gave a boost to their price target and moved to $182.00 from $167.00 on 2023-11-22. On 2023-11-08 Citigroup lowered their price target by -2.27% to $215.00. On 2023-09-27 Gordon Haskett downgraded BURLINGTON STORES from Buy to Hold and provided a price target of $137.00. TD Cowen announced a lowering of their price target to $181.00 from $185.00 on 2023-08-28. Sanford C. Bernstein dropped their price target by -5% to $190.00 on 2023-08-27. On 2023-08-25 Barclays lowered their price target by -0.94% to $211.00.

Earnings Per Share (EPS) Estimates By Year and Quarter

Short interest for BURLINGTON STORES

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Social Sentiment for BURLINGTON STORES

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.