Burlington Stores (NYSE:BURL) Stock Gets Price Target Reduction from Bank of America

Burlington Stores (NYSE:BURL) had its target price trimmed by Bank of America from $365.00 to $344.00 in a research report sent to investors on Tuesday morning,Benzinga reports. The brokerage currently has a buy rating on the stock.

A number of other analysts have also recently commented on BURL. Morgan Stanley dropped their price target on Burlington Stores from $438.00 to $432.00 and set an “overweight” rating on the stock in a research report on Friday, August 28th. Citigroup reduced their price objective on Burlington Stores from $380.00 to $318.00 and set a “neutral” rating for the company in a research report on Friday, August 28th. UBS Group lifted their price objective on Burlington Stores from $435.00 to $440.00 and gave the company a “buy” rating in a research note on Monday, August 17th. Wolfe Research assumed coverage on Burlington Stores in a research note on Wednesday, October 21st. They set an “outperform” rating and a $356.00 price objective for the company. Finally, Wells Fargo & Company set a $370.00 target price on Burlington Stores in a report on Friday, August 28th. Fifteen investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Burlington Stores currently has an average rating of “Moderate Buy” and a consensus target price of $368.06.

Burlington Stores Stock Up 3.6%

Shares of Burlington Stores stock opened at $242.55 on Tuesday. Burlington Stores has a 1 year low of $226.85 and a 1 year high of $378.33. The firm has a market cap of $15.23 billion, a price-to-earnings ratio of 21.77, a PEG ratio of 1.57 and a beta of 1.43. The company has a 50-day moving average of $263.59 and a 200 day moving average of $307.78. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.17 and a quick ratio of 0.47.

Burlington Stores (NYSE:BURL) last posted its quarterly earnings data on Thursday, August 27th. The company reported $2.96 EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $3.03 billion. During the same quarter in the previous year, the firm posted $1.72 earnings per share. Burlington Stores’s quarterly revenue was up 11.0% on a year-over-year basis. 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. As a group, sell-side analysts anticipate that Burlington Stores will post 11.91 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Burlington Stores news, CMO Jennifer Vecchio sold 1,678 shares of Burlington Stores stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $271.53, for a total value of $455,627.34. Following the completion of the transaction, the chief marketing officer directly owned 74,305 shares of the company’s stock, valued at approximately $20,176,036.65. The trade was a 2.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On Burlington Stores

A number of institutional investors have recently made changes to their positions in BURL. BlackRock Inc. purchased a new stake in shares of Burlington Stores during the 2nd quarter valued at about $2,157,518,000. Alyeska Investment Group L.P. raised its holdings in shares of Burlington Stores by 15.4% during the second quarter. Alyeska Investment Group L.P. now owns 1,049,778 shares of the company’s stock valued at $332,570,000 after purchasing an additional 139,958 shares during the last quarter. Jupiter Topco LLC purchased a new position in shares of Burlington Stores during the second quarter valued at approximately $283,228,000. Janus Henderson Group PLC raised its holdings in shares of Burlington Stores by 1.0% during the first quarter. Janus Henderson Group PLC now owns 880,017 shares of the company’s stock valued at $286,341,000 after purchasing an additional 8,361 shares during the last quarter. Finally, Primecap Management Co. CA bought a new position in Burlington Stores during the second quarter valued at approximately $266,416,000.

Burlington Stores News Summary

Here are the key news stories impacting Burlington Stores this week:

• Positive Sentiment: Wolfe Research initiated coverage with an “Outperform” rating, adding a bullish view and potentially helping offset recent selling pressure. Wolfe Research initiates coverage of Burlington Stores at Outperform
• Positive Sentiment: Burlington’s latest reported quarter showed earnings of $2.96 per share, above the $2.19 consensus estimate, while revenue increased 11% year over year. Full-year 2026 EPS guidance of $11.77–$11.97 also remains broadly in line with analysts’ expectations.
• Neutral Sentiment: Bank of America lowered its expectations for BURL’s stock price, signaling reduced conviction in the near-term upside, although the report’s specific target and rationale were not provided. Bank of America lowers expectations for Burlington Stores
• Negative Sentiment: Zacks Research downgraded Burlington to “Strong Sell” and projected fiscal 2027 EPS of $11.88, slightly below the $11.93 consensus estimate. The stock was also added to Zacks’ Strong Sell list. Zacks adds Burlington to Strong Sell list
• Negative Sentiment: Rising freight costs are a concern for off-price retailers including Burlington, potentially pressuring merchandise margins and profitability if transportation expenses cannot be offset. Freight costs impact off-price retailers
• Negative Sentiment: Bearish commentary and heavy put-option buying indicate that some traders expect further downside or are increasing downside protection. Bear of the Day: Burlington Stores Traders purchase put options on Burlington Stores

Burlington Stores Company Profile

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.