Burlington Stores, Inc. (NYSE:BURL) Given Average Rating of “Moderate Buy” by Brokerages

Burlington Stores, Inc. (NYSE:BURLGet Free Report) has been given a consensus rating of “Moderate Buy” by the twenty analysts that are currently covering the stock, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation and fifteen have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $353.5625.

Several analysts have recently commented on BURL shares. Barclays increased their price objective on Burlington Stores from $365.00 to $411.00 and gave the company an “overweight” rating in a report on Tuesday, May 26th. Telsey Advisory Group reiterated an “outperform” rating and set a $365.00 price objective on shares of Burlington Stores in a report on Tuesday, March 31st. Wells Fargo & Company decreased their price objective on Burlington Stores from $400.00 to $375.00 and set an “overweight” rating for the company in a report on Friday, May 29th. Robert W. Baird increased their price objective on Burlington Stores from $345.00 to $375.00 and gave the company an “outperform” rating in a report on Friday, March 6th. Finally, Bank of America raised their target price on Burlington Stores from $367.00 to $375.00 and gave the stock a “buy” rating in a research note on Friday, May 29th.

Check Out Our Latest Research Report on Burlington Stores

Insider Buying and Selling

In related news, CAO Stephen Ferroni sold 2,343 shares of the stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $337.22, for a total value of $790,106.46. Following the transaction, the chief accounting officer owned 1,391 shares in the company, valued at approximately $469,073.02. This represents a 62.75% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Matthew Pasch sold 3,773 shares of Burlington Stores stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $317.21, for a total value of $1,196,833.33. Following the transaction, the insider owned 6,523 shares of the company’s stock, valued at $2,069,160.83. The trade was a 36.65% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 27,036 shares of company stock worth $9,131,747 in the last 90 days. Insiders own 1.30% of the company’s stock.

Hedge Funds Weigh In On Burlington Stores

A number of institutional investors have recently modified their holdings of BURL. Hudson Bay Capital Management LP acquired a new stake in Burlington Stores in the 3rd quarter worth about $4,142,000. Massachusetts Financial Services Co. MA boosted its holdings in Burlington Stores by 17.5% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,110,632 shares of the company’s stock worth $320,806,000 after buying an additional 165,078 shares during the last quarter. Alkeon Capital Management LLC boosted its holdings in Burlington Stores by 50.0% in the 3rd quarter. Alkeon Capital Management LLC now owns 525,000 shares of the company’s stock worth $133,612,000 after buying an additional 175,000 shares during the last quarter. Assenagon Asset Management S.A. boosted its holdings in Burlington Stores by 82.8% in the 4th quarter. Assenagon Asset Management S.A. now owns 23,157 shares of the company’s stock worth $6,689,000 after buying an additional 10,492 shares during the last quarter. Finally, Andra AP fonden boosted its holdings in Burlington Stores by 15.3% in the 3rd quarter. Andra AP fonden now owns 46,800 shares of the company’s stock worth $11,911,000 after buying an additional 6,200 shares during the last quarter.

Burlington Stores Stock Performance

Shares of BURL opened at $324.37 on Friday. Burlington Stores has a 12 month low of $222.48 and a 12 month high of $351.85. The stock has a fifty day moving average price of $321.61 and a 200-day moving average price of $309.58. 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 firm has a market cap of $20.42 billion, a PE ratio of 33.34, a P/E/G ratio of 1.82 and a beta of 1.46.

Burlington Stores (NYSE:BURLGet Free Report) last issued its quarterly earnings data on Thursday, May 28th. The company reported $2.01 EPS for the quarter, beating the consensus estimate of $1.80 by $0.21. Burlington Stores had a return on equity of 39.93% and a net margin of 5.24%.The firm had revenue of $2.86 billion during the quarter, compared to analyst estimates of $2.80 billion. During the same quarter in the prior year, the business posted $1.60 EPS. The business’s revenue for the quarter was up 14.1% compared to the same quarter last year. 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. Equities research analysts predict that Burlington Stores will post 11.71 earnings per share for the current fiscal year.

Burlington Stores Company Profile

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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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Analyst Recommendations for Burlington Stores (NYSE:BURL)

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