Burlington Stores (NYSE:BURL) Rating Lowered to Hold at Wall Street Zen

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

Other analysts also recently issued research reports about the company. UBS Group reaffirmed a “buy” rating and issued a $435.00 target price on shares of Burlington Stores in a research report on Friday, May 29th. Jefferies Financial Group reissued a “buy” rating and set a $365.00 price target on shares of Burlington Stores in a research report on Friday, May 29th. Bank of America raised their price target on Burlington Stores from $367.00 to $375.00 and gave the company a “buy” rating in a research note on Friday, May 29th. Barclays boosted their price target on Burlington Stores from $365.00 to $411.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 26th. Finally, Weiss Ratings downgraded Burlington Stores from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, July 23rd. Fourteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, Burlington Stores presently has a consensus rating of “Moderate Buy” and an average price target of $353.56.

Burlington Stores Stock Performance

BURL opened at $367.60 on Friday. The company has a market capitalization of $23.14 billion, a price-to-earnings ratio of 37.78, a P/E/G ratio of 1.99 and a beta of 1.44. The business’s 50-day moving average price is $333.85 and its two-hundred day moving average price is $319.73. Burlington Stores has a 1 year low of $240.49 and a 1 year high of $378.33. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.16 and a quick ratio of 0.49.

Burlington Stores (NYSE:BURL) last released its earnings results on Thursday, May 28th. The company reported $2.01 EPS for the quarter, beating the consensus estimate of $1.80 by $0.21. The firm had revenue of $2.86 billion for the quarter, compared to analysts’ expectations of $2.80 billion. Burlington Stores had a return on equity of 39.93% and a net margin of 5.24%.The business’s quarterly revenue was up 14.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.60 EPS. 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 expect that Burlington Stores will post 11.71 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CAO Stephen Ferroni sold 2,343 shares of the stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $337.22, for a total transaction of $790,106.46. Following the sale, the chief accounting officer directly owned 1,391 shares of the company’s stock, valued at approximately $469,073.02. This represents a 62.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CMO Jennifer Vecchio sold 20,920 shares of the business’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $341.53, for a total value of $7,144,807.60. Following the completion of the transaction, the chief marketing officer directly owned 81,017 shares of the company’s stock, valued at approximately $27,669,736.01. This trade represents a 20.52% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 28,714 shares of company stock valued at $9,661,022. 1.30% of the stock is owned by company insiders.

Hedge Funds Weigh In On Burlington Stores

Several hedge funds and other institutional investors have recently made changes to their positions in BURL. Bull Harbor Capital LLC bought a new stake in shares of Burlington Stores during the 1st quarter worth $1,091,000. Massachusetts Financial Services Co. MA grew its position in Burlington Stores by 17.5% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,110,632 shares of the company’s stock valued at $320,806,000 after acquiring an additional 165,078 shares during the last quarter. Geode Capital Management LLC raised its stake in Burlington Stores by 2.2% during the fourth quarter. Geode Capital Management LLC now owns 1,233,176 shares of the company’s stock worth $355,261,000 after acquiring an additional 27,074 shares in the last quarter. Intech Investment Management LLC lifted its holdings in shares of Burlington Stores by 35.9% in the fourth quarter. Intech Investment Management LLC now owns 14,345 shares of the company’s stock worth $4,144,000 after acquiring an additional 3,789 shares during the last quarter. Finally, Eurizon Capital SGR S.p.A. acquired a new stake in shares of Burlington Stores in the 4th quarter valued at approximately $3,514,000.

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.