If you are wondering whether Burlington Stores is offering good value at its recent price, you are not alone. This article looks at what the current market price might be implying.
The stock recently closed at US$292.51, with returns of a 2.5% decline over 7 days, 1.6% over 30 days, a 2.0% decline year to date, a 0.4% decline over 1 year, 26.7% over 3 years and 13.9% over 5 years.
Recent coverage has focused on how Burlington Stores fits into the broader off price retail space and how investors are weighing its store footprint and merchandising model against peers. This backdrop helps frame the recent share price moves as the market continually reassesses how much it is prepared to pay for those characteristics.
