Burlington Stores, Inc. (NYSE:BURL) Given Average Rating of “Moderate Buy” by Analysts

Shares of Burlington Stores, Inc. (NYSE:BURL) have earned an average rating of “Moderate Buy” from the nineteen research firms that are covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a hold recommendation and fifteen have issued a buy recommendation on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $336.2143.

A number of brokerages have recently issued reports on BURL. Barclays cut their target price on shares of Burlington Stores from $336.00 to $331.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 26th. Wells Fargo & Company reduced their target price on Burlington Stores from $330.00 to $315.00 and set an “overweight” rating on the stock in a report on Monday, October 27th. BTIG Research initiated coverage on Burlington Stores in a research report on Tuesday, October 14th. They issued a “neutral” rating for the company. Citigroup dropped their price target on Burlington Stores from $358.00 to $351.00 and set a “buy” rating on the stock in a research report on Monday, November 3rd. Finally, TD Cowen reduced their price objective on Burlington Stores from $330.00 to $315.00 and set a “buy” rating on the stock in a research note on Wednesday, November 26th.

Burlington Stores Stock Up 0.7%

BURL stock opened at $290.40 on Friday. Burlington Stores has a twelve month low of $212.92 and a twelve month high of $309.00. The company has a current ratio of 1.21, a quick ratio of 0.46 and a debt-to-equity ratio of 1.32. The company has a market capitalization of $18.27 billion, a P/E ratio of 33.38, a PEG ratio of 1.92 and a beta of 1.79. The firm has a 50 day simple moving average of $271.87 and a 200-day simple moving average of $267.04.

Burlington Stores (NYSE:BURL) last posted its quarterly earnings results on Tuesday, November 25th. The company reported $1.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.59 by $0.09. Burlington Stores had a net margin of 5.01% and a return on equity of 41.02%. The firm had revenue of $2.71 billion for the quarter, compared to analysts’ expectations of $2.74 billion. During the same period in the prior year, the company posted $1.55 earnings per share. The firm’s quarterly revenue was up 7.1% on a year-over-year basis. Burlington Stores has set its Q4 2025 guidance at 4.500-4.70 EPS and its FY 2025 guidance at 9.690-9.890 EPS. On average, equities research analysts predict that Burlington Stores will post 7.93 earnings per share for the current fiscal year.

Insider Activity

In other news, CMO Jennifer Vecchio sold 419 shares of Burlington Stores stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $274.48, for a total value of $115,007.12. Following the completion of the transaction, the chief marketing officer directly owned 63,751 shares of the company’s stock, valued at approximately $17,498,374.48. The trade was a 0.65% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 1.10% of the company’s stock.

Institutional Investors Weigh In On Burlington Stores

Several institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in Burlington Stores by 3.5% in the third quarter. Vanguard Group Inc. now owns 6,782,201 shares of the company’s stock worth $1,726,070,000 after acquiring an additional 232,358 shares during the last quarter. State Street Corp raised its position in shares of Burlington Stores by 1.2% during the 3rd quarter. State Street Corp now owns 2,184,171 shares of the company’s stock worth $555,872,000 after purchasing an additional 26,529 shares during the period. SRS Investment Management LLC lifted its holdings in shares of Burlington Stores by 15.9% in the 2nd quarter. SRS Investment Management LLC now owns 1,472,137 shares of the company’s stock worth $342,478,000 after purchasing an additional 201,716 shares during the last quarter. Geode Capital Management LLC boosted its position in Burlington Stores by 2.3% during the 2nd quarter. Geode Capital Management LLC now owns 1,176,469 shares of the company’s stock valued at $272,894,000 after purchasing an additional 26,866 shares during the period. Finally, Massachusetts Financial Services Co. MA grew its stake in Burlington Stores by 6.7% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 945,554 shares of the company’s stock worth $240,643,000 after buying an additional 59,587 shares during the last quarter.

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.