Burlington Stores (NYSE:BURL) Stock Bumped Down to Reduce by Gordon Haskett

Burlington Stores (NYSE:BURL) was downgraded by equities research analysts at Gordon Haskett from a “hold” rating to a “reduce” rating in a research report issued on Friday, Briefing.com reports. They presently have a $240.00 price target on the stock. Gordon Haskett‘s target price would suggest a potential downside of 4.73% from the company’s current price.

BURL has been the topic of several other research reports. Wall Street Zen lowered shares of Burlington Stores from a “buy” rating to a “hold” rating in a research report on Sunday, August 2nd. The Goldman Sachs Group cut their price objective on shares of Burlington Stores from $394.00 to $382.00 and set a “buy” rating for the company in a report on Monday, August 31st. Bank of America reduced their price objective on shares of Burlington Stores from $365.00 to $344.00 and set a “buy” rating for the company in a research note on Tuesday, October 27th. Zacks Research cut shares of Burlington Stores from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 27th. Finally, Morgan Stanley decreased their price target on shares of Burlington Stores from $438.00 to $432.00 and set an “overweight” rating on the stock in a report on Friday, August 28th. Fifteen equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $356.16.

Burlington Stores Stock Performance

Shares of BURL opened at $251.92 on Friday. Burlington Stores has a 1 year low of $226.85 and a 1 year high of $378.33. The stock’s fifty day moving average price is $254.18 and its two-hundred day moving average price is $305.07. The firm has a market cap of $15.82 billion, a PE ratio of 22.61, a PEG ratio of 1.68 and a beta of 1.50. 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 released its quarterly earnings data on Thursday, August 27th. The company reported $2.96 EPS for the quarter, beating the consensus estimate of $2.19 by $0.77. The business had revenue of $3 billion for the quarter, compared to the consensus estimate of $3.03 billion. Burlington Stores had a net margin of 5.85% and a return on equity of 41.72%. The company’s revenue was up 11.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.72 earnings per share. 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. On average, equities research analysts forecast that Burlington Stores will post 12.23 EPS for the current year.

Insider Activity

In other news, CMO Jennifer Vecchio sold 1,678 shares of Burlington Stores stock in a transaction dated Thursday, October 1st. The stock was 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 approximately $20,176,036.65. This trade represents a 2.21% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On Burlington Stores

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. BlackRock Inc. purchased a new stake in Burlington Stores in the second quarter valued at approximately $2,157,518,000. Alyeska Investment Group L.P. increased its stake in Burlington Stores by 15.4% in 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 acquiring an additional 139,958 shares during the last quarter. Janus Henderson Group PLC increased its stake in Burlington Stores by 1.0% in the first quarter. Janus Henderson Group PLC now owns 880,017 shares of the company’s stock valued at $286,341,000 after acquiring an additional 8,361 shares during the last quarter. Jupiter Topco LLC purchased a new stake in Burlington Stores during the second quarter valued at about $283,228,000. Finally, Primecap Management Co. CA purchased a new stake in Burlington Stores during the second quarter valued at about $266,416,000.

Burlington Stores Company Profile

Burlington Stores, Inc. is a U.S. off-price retailer that sells apparel, footwear, accessories and home products through its Burlington-branded stores. Its merchandise includes clothing for women, men and children, as well as items such as home décor, furnishings and seasonal goods. The company uses an off-price retail model, purchasing merchandise from a range of suppliers and offering products at discounts to regular department-store and specialty-store prices. Product selection and availability can vary by store and season.