Burlington Stores, Inc. (NYSE:BURL – Free Report) – Equities research analysts at Zacks Research lifted their Q2 2027 EPS estimates for Burlington Stores in a report released on Thursday, June 11th. Zacks Research analyst Team now anticipates that the company will earn $2.15 per share for the quarter, up from their prior estimate of $1.92. The consensus estimate for Burlington Stores’ current full-year earnings is $11.70 per share. Zacks Research also issued estimates for Burlington Stores’ Q3 2027 earnings at $2.02 EPS, Q4 2027 earnings at $5.43 EPS, FY2027 earnings at $11.61 EPS, Q2 2028 earnings at $2.48 EPS, Q3 2028 earnings at $2.41 EPS, Q4 2028 earnings at $6.34 EPS, FY2028 earnings at $13.46 EPS and FY2029 earnings at $15.85 EPS.
Other analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. cut their price target on shares of Burlington Stores from $374.00 to $351.00 and set an “overweight” rating on the stock in a research report on Friday, May 29th. Truist Financial upped their price target on shares of Burlington Stores from $305.00 to $310.00 and gave the company a “hold” rating in a research report on Thursday, May 28th. Weiss Ratings raised shares of Burlington Stores from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, March 23rd. Evercore reaffirmed an “outperform” rating and set a $375.00 price target 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 price target on shares of Burlington Stores in a research report on Tuesday, March 31st. Fifteen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, Burlington Stores has an average rating of “Moderate Buy” and an average target price of $353.56.
Burlington Stores Stock Performance
Shares of BURL opened at $342.10 on Friday. The company has a current ratio of 1.16, a quick ratio of 0.49 and a debt-to-equity ratio of 1.03. The stock has a market capitalization of $21.53 billion, a P/E ratio of 35.16, a price-to-earnings-growth ratio of 1.76 and a beta of 1.46. The firm’s fifty day simple moving average is $321.26 and its two-hundred day simple moving average is $304.12. Burlington Stores has a 12 month low of $218.52 and a 12 month high of $351.85.
Burlington Stores (NYSE:BURL – Get Free Report) last issued its quarterly earnings results on Thursday, May 28th. The company reported $2.01 EPS for the quarter, beating analysts’ consensus estimates of $1.80 by $0.21. The business had revenue of $2.86 billion for the quarter, compared to analysts’ expectations of $2.80 billion. Burlington Stores had a net margin of 5.24% and a return on equity of 39.93%. The business’s quarterly revenue was up 14.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.60 earnings per share. Burlington Stores has set its Q2 2026 guidance at 2.050-2.200 EPS and its FY 2026 guidance at 11.450-11.800 EPS.
Insider Activity
In other news, COO Travis Marquette sold 3,759 shares of the company’s stock in a transaction dated 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 in the company, valued at approximately $8,636,212.50. This represents a 12.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Matthew Pasch sold 3,773 shares of the company’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $317.21, for a total transaction of $1,196,833.33. Following the transaction, the insider owned 6,523 shares in the company, valued at $2,069,160.83. This represents a 36.65% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.30% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On Burlington Stores
Several institutional investors have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Burlington Stores by 14.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 302 shares of the company’s stock worth $72,000 after acquiring an additional 38 shares during the last quarter. Jones Financial Companies Lllp raised its holdings in shares of Burlington Stores by 1,604.7% in the 1st quarter. Jones Financial Companies Lllp now owns 1,449 shares of the company’s stock worth $345,000 after acquiring an additional 1,364 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of Burlington Stores by 91.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 698 shares of the company’s stock worth $162,000 after acquiring an additional 334 shares during the last quarter. Daiwa Securities Group Inc. raised its holdings in shares of Burlington Stores by 12.4% in the 2nd quarter. Daiwa Securities Group Inc. now owns 7,459 shares of the company’s stock worth $1,735,000 after acquiring an additional 821 shares during the last quarter. Finally, AXA S.A. raised its holdings in shares of Burlington Stores by 1,033.2% in the 2nd quarter. AXA S.A. now owns 10,754 shares of the company’s stock worth $2,502,000 after acquiring an additional 9,805 shares during the last quarter.
Burlington Stores News Roundup
Here are the key news stories impacting Burlington Stores this week:
- Positive Sentiment: Zacks Research increased Burlington Stores’ FY2027, FY2028, FY2029, and Q2 2028 earnings estimates, reinforcing confidence in the company’s longer-term earnings growth outlook.
- Neutral Sentiment: The analyst firm also made small cuts to Q3 2027, Q4 2027, and Q4 2028 EPS estimates, which tempers the otherwise upbeat tone but does not materially change the broader growth picture.
- Negative Sentiment: Recent insider selling in Burlington Stores may be a mild headwind for sentiment, though it is not necessarily a sign of deteriorating fundamentals. Burlington Stores (NYSE:BURL) Insider Sells $1,196,833.33 in Stock
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.
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