Burlington Stores, Inc. (NYSE:BURL – Get Free Report) has been given a consensus recommendation of “Moderate Buy” by the twenty brokerages that are presently covering the company, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation and fifteen have issued a buy recommendation on the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $368.06.
Several equities research analysts have recently commented on the company. Wall Street Zen cut Burlington Stores from a “buy” rating to a “hold” rating in a research note on Sunday, August 2nd. Citigroup cut their price target on Burlington Stores from $380.00 to $318.00 and set a “neutral” rating on the stock in a research note on Friday, August 28th. Jefferies Financial Group raised their price target on Burlington Stores from $365.00 to $410.00 and gave the company a “buy” rating in a report on Friday, August 14th. Wolfe Research started coverage on Burlington Stores in a report on Wednesday, October 21st. They set an “outperform” rating and a $356.00 price objective for the company. Finally, Deutsche Bank Aktiengesellschaft cut their target price on shares of Burlington Stores from $367.00 to $323.00 and set a “hold” rating on the stock in a research report on Friday, August 28th.
Get Our Latest Stock Analysis on BURL
Insider Activity at Burlington Stores
In other news, CMO Jennifer Vecchio sold 1,678 shares of Burlington Stores stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $271.53, for a total transaction of $455,627.34. Following the completion of the sale, the chief marketing officer owned 74,305 shares in the company, valued at $20,176,036.65. The trade was a 2.21% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.30% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On Burlington Stores
Several large investors have recently bought and sold shares of BURL. CoreCap Advisors LLC increased its stake in shares of Burlington Stores by 923.1% in the 3rd quarter. CoreCap Advisors LLC now owns 133 shares of the company’s stock valued at $36,000 after acquiring an additional 120 shares during the last quarter. Root Financial Partners LLC bought a new stake in shares of Burlington Stores during the third quarter worth $36,000. Elevation Wealth Partners LLC lifted its position in Burlington Stores by 272.2% in the 3rd quarter. Elevation Wealth Partners LLC now owns 134 shares of the company’s stock valued at $36,000 after acquiring an additional 98 shares in the last quarter. SJS Investment Consulting Inc. raised its stake in shares of Burlington Stores by 925.0% in the 1st quarter. SJS Investment Consulting Inc. now owns 205 shares of the company’s stock valued at $67,000 after purchasing an additional 185 shares during the period. Finally, CX Institutional boosted its position in shares of Burlington Stores by 182.7% during the third quarter. CX Institutional now owns 212 shares of the company’s stock worth $57,000 after buying an additional 137 shares during the period.
Burlington Stores Price Performance
BURL opened at $233.65 on Friday. Burlington Stores has a one year low of $226.85 and a one year high of $378.33. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.17 and a quick ratio of 0.47. The company’s 50 day simple moving average is $265.49 and its 200-day simple moving average is $308.10. The stock has a market capitalization of $14.68 billion, a P/E ratio of 20.97, a price-to-earnings-growth ratio of 1.50 and a beta of 1.43.
Burlington Stores (NYSE:BURL – Get Free Report) last issued its quarterly earnings results on Thursday, August 27th. The company reported $2.96 earnings per share for the quarter, beating analysts’ consensus estimates of $2.19 by $0.77. Burlington Stores had a net margin of 5.85% and a return on equity of 41.72%. The business had revenue of $3 billion during the quarter, compared to analyst estimates of $3.03 billion. During the same quarter last year, the business posted $1.72 earnings per share. Burlington Stores’s revenue for the quarter was up 11.0% compared to the same quarter last year. Burlington Stores has set its Q3 2026 guidance at 1.600-1.700 EPS and its FY 2026 guidance at 11.770-11.970 EPS. Sell-side analysts anticipate that Burlington Stores will post 11.93 earnings per share for the current fiscal year.
About Burlington Stores
Burlington Stores, Inc (NYSE:BURL) is an off-price retailer offering branded and private-label merchandise at discounted prices. The company sells a broad range of products, including women’s, men’s and children’s apparel; footwear; accessories; home goods; and baby products.
Burlington operates through a nationwide network of stores in the United States. Its off-price model emphasizes opportunistic purchasing, allowing the company to offer changing assortments of merchandise at prices generally below those of department stores and specialty retailers.
The company traces its history to 1972, when it opened its first store in Burlington, New Jersey, as Burlington Coat Factory.
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