Burlington Stores, Inc. (NYSE:BURL) Receives $344.29 Average Price Target from Brokerages

Burlington Stores, Inc. (NYSE:BURL) has earned an average recommendation of “Moderate Buy” from the sixteen research firms that are currently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $344.2857.

BURL has been the topic of several recent research reports. Barclays raised their price objective on shares of Burlington Stores from $299.00 to $336.00 and gave the company an “overweight” rating in a research report on Friday, August 29th. The Goldman Sachs Group dropped their price target on shares of Burlington Stores from $317.00 to $316.00 and set a “buy” rating on the stock in a research report on Tuesday, July 22nd. JPMorgan Chase & Co. lifted their price target on shares of Burlington Stores from $280.00 to $338.00 and gave the company an “overweight” rating in a research report on Monday, July 28th. Evercore ISI lifted their price target on shares of Burlington Stores from $310.00 to $370.00 and gave the company an “outperform” rating in a research report on Friday, August 29th. Finally, BTIG Research assumed coverage on shares of Burlington Stores in a research report on Tuesday. They issued a “neutral” rating on the stock.

Burlington Stores Price Performance

Shares of BURL opened at $274.73 on Tuesday. The firm has a market cap of $17.32 billion, a PE ratio of 32.44, a PEG ratio of 2.08 and a beta of 1.74. The firm’s 50 day moving average price is $273.53 and its 200 day moving average price is $255.14. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.55 and a current ratio of 1.23. Burlington Stores has a twelve month low of $212.92 and a twelve month high of $309.00.

Burlington Stores (NYSE:BURL) last issued its quarterly earnings data on Thursday, August 28th. The company reported $1.59 earnings per share for the quarter, beating the consensus estimate of $1.27 by $0.32. The firm had revenue of $2.70 billion for the quarter, compared to analyst estimates of $2.64 billion. Burlington Stores had a net margin of 4.96% and a return on equity of 42.74%. The company’s revenue for the quarter was up 9.7% on a year-over-year basis. During the same quarter last year, the firm earned $1.24 earnings per share. Burlington Stores has set its Q3 2025 guidance at 1.5-1.600 EPS. FY 2025 guidance at 9.190-9.590 EPS. As a group, research analysts expect that Burlington Stores will post 7.93 EPS for the current fiscal year.

Insider Activity at Burlington Stores

In other news, CAO Stephen Ferroni sold 1,123 shares of Burlington Stores stock in a transaction that occurred on Tuesday, September 9th. The shares were sold at an average price of $281.25, for a total value of $315,843.75. Following the transaction, the chief accounting officer owned 2,389 shares of the company’s stock, valued at $671,906.25. This trade represents a 31.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.10% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Burlington Stores

Hedge funds and other institutional investors have recently modified their holdings of the stock. Golden State Wealth Management LLC grew its stake in shares of Burlington Stores by 258.6% in the first quarter. Golden State Wealth Management LLC now owns 104 shares of the company’s stock worth $25,000 after acquiring an additional 75 shares during the last quarter. WPG Advisers LLC acquired a new stake in shares of Burlington Stores in the first quarter worth $26,000. Geneos Wealth Management Inc. grew its stake in shares of Burlington Stores by 235.4% in the second quarter. Geneos Wealth Management Inc. now owns 161 shares of the company’s stock worth $37,000 after acquiring an additional 113 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of Burlington Stores by 250.9% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 186 shares of the company’s stock worth $43,000 after acquiring an additional 133 shares during the last quarter. Finally, Brooklyn Investment Group grew its stake in shares of Burlington Stores by 48.2% in the first quarter. Brooklyn Investment Group now owns 206 shares of the company’s stock worth $49,000 after acquiring an additional 67 shares during the last quarter.

Burlington Stores Company Profile

Burlington Stores, Inc operates as a retailer of branded merchandise in the United States. The company provides fashion-focused merchandise, including women's ready-to-wear apparel, menswear, youth apparel, footwear, accessories, toys, gifts, and coats, as well as baby, home, and beauty products.