Shares of Burlington Stores Inc. (NYSE:BURL) traded at a new 52-week high today of $329.13. Approximately 126,000 shares have changed hands today, as compared to an average 30-day volume of 742,000 shares.
Burlington Stores Inc. (NYSE:BURL) is currently priced 0.9% above its average consensus analyst price target of $325.38.
The third-largest American off-price apparel and home fashion retail firm, with 727 stores as of the end of fiscal 2019, Burlington Stores offers an assortment of products from over 5,000 brands through an everyday low price approach that undercuts conventional retailers' regular prices by up to 60%. The company focuses on providing a treasure hunt experience, with a quickly changing array of merchandise in a relatively low-frills shopping environment. In fiscal 2019, 22% of sales came from women's ready-to-wear apparel, 22% from accessories and footwear, 20% from menswear, 16% from youth apparel and baby, 15% from home décor, and 5% from coats. All sales come from the United States.
In the past 52 weeks, shares of Burlington Stores Inc. have traded between a low of $155.03 and a high of $329.13 and is now at $328.33, which is 112% above that low price.
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