Is BURL Stock a Buy, Hold or Sell at a P/E Multiple of 28.6x?
Burlington Stores(BURL) ZACKS·2024-10-18 02:21
Burlington Stores, Inc. (BURL) is currently trading at a forward 12-month price-to-earnings (P/E) ratio of 28.54, slightly above its historical median of 27.85 over the past year, but still at a modest discount to the industry average of 29.75. This blend of higher valuation relative to its historical benchmark, yet undervalued compared to peers, presents a potential opportunity for investors seeking growth at a reasonable price while the market remains cautiously optimistic. Image Source: Zacks Investment ...