BURL

Burlington Stores Inc

Consumer


Presented:01/26/2018
Price:$127.61
Cap:$8.87B
Current Price:$253.11
Cap:$16.11B

Presented

Date01/26/2018
Price$127.61
Market Cap$8.87B
Ent Value$7.54B
P/E Ratio33.49x
Book ValueN/A
Div Yield0%
Shares O/S69.54M
Ave Daily Vol1,045,045
Short Int8.95%

Current

Price$253.11
Market Cap$16.11B
Burlington Stores, Inc. is a apparel and home product retailer. Its products include ladies sportswear, menswear, coats, family footwear and youth apparel, as well as baby furniture, accessories, home decor and gifts. The company was founded in 2013 and is headquartered in Burlington, NJ.

Publicly traded companies mentioned herein: Amazon.com Inc (AMZN), Burlington Stores Inc (BURL), Ross Stores Inc (ROST), TJX Cos Inc (TJX)

Highlights

The presenter continues to hold a long position in Burlington Stores (BURL) at $127, and views the off-price retailer as, “One of the best stories in retail”. A combination of low-single digit comps, mid-single digit square footage growth, capital deployment, and consistent EBITDA margin improvement should allow BURL’s EPS to compound at 20%+ over the next 2 - 3 years. If his estimates prove to be accurate, BURL could earn $8/share in 2019 (versus a ~$6.20/ share consensus estimate). To arrive at his base case price target of $160 in 12 months’ time, the presenter applies a conservative 20x multiple to this earnings forecast (the stock presently trades at 24x the one year forward consensus estimate).

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.