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Burlington Stores (NASDAQ:BURL) has received an average rating of “Buy” from the ten brokerages that are covering the company, AnalystRatingsNetwork.com reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month price target among brokers that have covered the stock in the last year is $30.59.

Burlington Stores (NASDAQ:BURL) traded down 4.46% during mid-day trading on Monday, hitting $24.44. The stock had a trading volume of 581,036 shares. Burlington Stores has a one year low of $21.54 and a one year high of $32.98. The stock has a 50-day moving average of $29.20 and a 200-day moving average of $28.16. The company has a market cap of $1.800 billion and a price-to-earnings ratio of 673.16.

Burlington Stores (NASDAQ:BURL) last released its earnings data on Tuesday, December 10th. The company reported ($0.05) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.06) by $0.01. The company had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.05 billion. The company’s revenue for the quarter was up 10.0% on a year-over-year basis. On average, analysts predict that Burlington Stores will post $0.94 earnings per share for the current fiscal year.

A number of research firms have recently commented on BURL. Analysts at Zacks downgraded shares of Burlington Stores from a “neutral” rating to an “underperform” rating in a research note to investors on Wednesday, January 8th. They now have a $29.10 price target on the stock. Separately, analysts at BMO Capital Markets initiated coverage on shares of Burlington Stores in a research note to investors on Thursday, November 14th. They set an “outperform” rating and a $33.00 price target on the stock. Finally, analysts at Telsey Advisory Group initiated coverage on shares of Burlington Stores in a research note to investors on Tuesday, November 12th. They set a “not rated” rating and a $32.00 price target on the stock.

Burlington Stores, Inc is a national off-price retailer of branded apparel, operating 503 stores, inclusive of an Internet store, in 44 states and Puerto Rico.

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