Burlington Stores (NYSE:BURL) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Burlington Stores (NYSE:BURL) from a hold rating to a buy rating in a report issued on Saturday morning.

BURL has been the topic of a number of other research reports. JPMorgan Chase & Co. lifted their price target on shares of Burlington Stores from $356.00 to $365.00 and gave the company an “overweight” rating in a research report on Friday, March 6th. Sanford C. Bernstein set a $350.00 price target on shares of Burlington Stores and gave the company an “outperform” rating in a research report on Tuesday, January 6th. Robert W. Baird lifted their price target on shares of Burlington Stores from $345.00 to $375.00 and gave the company an “outperform” rating in a research report on Friday, March 6th. Jefferies Financial Group reaffirmed a “buy” rating and set a $370.00 target price on shares of Burlington Stores in a research report on Thursday, March 5th. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and set a $365.00 target price on shares of Burlington Stores in a research report on Tuesday, March 31st. Sixteen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $355.44.

Burlington Stores Trading Down 0.5%

NYSE:BURL opened at $331.99 on Friday. Burlington Stores has a 12 month low of $212.92 and a 12 month high of $342.84. The firm has a market cap of $20.86 billion, a price-to-earnings ratio of 34.87, a P/E/G ratio of 2.02 and a beta of 1.62. The company has a quick ratio of 0.65, a current ratio of 1.23 and a debt-to-equity ratio of 1.11. The company’s 50 day moving average is $312.70 and its 200-day moving average is $290.50.

Burlington Stores (NYSE:BURL) last released its quarterly earnings results on Thursday, March 5th. The company reported $4.99 EPS for the quarter, beating analysts’ consensus estimates of $4.70 by $0.29. Burlington Stores had a net margin of 5.28% and a return on equity of 41.37%. The company had revenue of $3.65 billion for the quarter, compared to analyst estimates of $2.77 billion. During the same quarter last year, the firm posted $4.07 earnings per share. The company’s quarterly revenue was up 11.3% compared to the same quarter last year. Burlington Stores has set its FY 2026 guidance at 10.950-11.450 EPS and its Q1 2026 guidance at 1.600-1.750 EPS. Equities analysts anticipate that Burlington Stores will post 7.93 EPS for the current year.

Insider Transactions at Burlington Stores

In related news, COO Travis Marquette sold 3,759 shares of the business’s stock in a transaction on Tuesday, March 24th. The shares were sold at an average price of $327.75, for a total transaction of $1,232,012.25. Following the transaction, the chief operating officer owned 26,350 shares of the company’s stock, valued at approximately $8,636,212.50. The trade was a 12.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 1.10% of the company’s stock.

Institutional Investors Weigh In On Burlington Stores

A number of institutional investors have recently bought and sold shares of the business. Signaturefd LLC boosted its stake in Burlington Stores by 4.4% during the fourth quarter. Signaturefd LLC now owns 787 shares of the company’s stock worth $227,000 after buying an additional 33 shares in the last quarter. Harbour Investments Inc. boosted its stake in Burlington Stores by 44.7% during the fourth quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock worth $32,000 after buying an additional 34 shares in the last quarter. Fifth Third Bancorp boosted its stake in Burlington Stores by 6.4% during the fourth quarter. Fifth Third Bancorp now owns 585 shares of the company’s stock worth $169,000 after buying an additional 35 shares in the last quarter. Vident Advisory LLC boosted its stake in Burlington Stores by 1.1% during the second quarter. Vident Advisory LLC now owns 3,330 shares of the company’s stock worth $775,000 after buying an additional 36 shares in the last quarter. Finally, Archer Investment Corp boosted its stake in Burlington Stores by 6.1% during the third quarter. Archer Investment Corp now owns 640 shares of the company’s stock worth $163,000 after buying an additional 37 shares in the last quarter.

About Burlington Stores

Burlington Stores, Inc is an American off-price retailer that sells apparel and home goods at discounted prices. The company’s merchandise assortment includes clothing for women, men and children, plus baby products, footwear, accessories, beauty items, toys and home décor. Burlington’s merchandising strategy focuses on offering branded and private-label goods at lower prices than traditional department stores by sourcing excess inventory, closeouts and opportunistic buys from manufacturers and other retailers.

The business traces its roots to the Burlington Coat Factory name established in the early 1970s and has since evolved into a broader off-price retailer that carries a wide range of seasonal and everyday merchandise.