Burlington Stores (NYSE:BURL) Raised to “Buy” at Wall Street Zen

Burlington Stores (NYSE:BURL) was upgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued on Saturday.

Several other equities analysts have also recently weighed in on the company. Bank of America increased their price target on Burlington Stores from $367.00 to $375.00 and gave the company a “buy” rating in a report on Friday, May 29th. UBS Group reiterated a “buy” rating and set a $435.00 price objective on shares of Burlington Stores in a research report on Friday, May 29th. Weiss Ratings downgraded Burlington Stores from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday. Wells Fargo & Company dropped their target price on Burlington Stores from $400.00 to $375.00 and set an “overweight” rating on the stock in a research report on Friday, May 29th. Finally, Telsey Advisory Group restated an “outperform” rating and set a $365.00 price target on shares of Burlington Stores in a research note on Tuesday, March 31st. Fourteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Burlington Stores has an average rating of “Moderate Buy” and an average target price of $353.56.

Burlington Stores Stock Down 0.1%

Burlington Stores stock opened at $349.62 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. Burlington Stores has a 12 month low of $240.49 and a 12 month high of $361.21. The firm has a market cap of $22.00 billion, a price-to-earnings ratio of 35.93, a PEG ratio of 1.89 and a beta of 1.46. The stock has a fifty day simple moving average of $326.69 and a two-hundred day simple moving average of $317.18.

Burlington Stores (NYSE:BURL) last issued its earnings results on Thursday, May 28th. The company reported $2.01 earnings per share for the quarter, topping analysts’ consensus estimates of $1.80 by $0.21. Burlington Stores had a return on equity of 39.93% and a net margin of 5.24%.The business had revenue of $2.86 billion during the quarter, compared to analyst estimates of $2.80 billion. During the same quarter in the previous year, the firm earned $1.60 EPS. Burlington Stores’s revenue was up 14.1% on a year-over-year basis. 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 analysts predict that Burlington Stores will post 11.71 EPS for the current fiscal year.

Insider Activity

In other news, CMO Jennifer Vecchio sold 1,678 shares of the business’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $315.42, for a total transaction of $529,274.76. Following the completion of the sale, the chief marketing officer owned 79,339 shares of the company’s stock, valued at $25,025,107.38. The trade was a 2.07% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Matthew Pasch sold 3,773 shares of the company’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $317.21, for a total value of $1,196,833.33. Following the completion of the sale, the insider owned 6,523 shares of the company’s stock, valued at $2,069,160.83. This trade represents a 36.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 28,714 shares of company stock valued at $9,661,022 in the last 90 days. Company insiders own 1.30% of the company’s stock.

Institutional Trading of Burlington Stores

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Fulton Bank N.A. lifted its position in shares of Burlington Stores by 2.5% during the 2nd quarter. Fulton Bank N.A. now owns 7,399 shares of the company’s stock valued at $2,344,000 after buying an additional 181 shares in the last quarter. GAMMA Investing LLC increased its holdings in Burlington Stores by 6.2% in the 2nd quarter. GAMMA Investing LLC now owns 1,735 shares of the company’s stock worth $550,000 after acquiring an additional 101 shares in the last quarter. Basecamp Wealth Advisors LLC raised its stake in Burlington Stores by 10.7% during the 1st quarter. Basecamp Wealth Advisors LLC now owns 816 shares of the company’s stock worth $266,000 after acquiring an additional 79 shares during the period. Pine Valley Investments Ltd Liability Co bought a new stake in Burlington Stores during the 1st quarter worth approximately $214,000. Finally, DV Trading LLC purchased a new position in Burlington Stores during the first quarter valued at approximately $247,000.

Burlington Stores Company Profile

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.