JPMorgan Chase & Co. Issues Positive Forecast for Burlington Stores (NYSE:BURL) Stock Price

Burlington Stores (NYSE:BURL) had its target price raised by JPMorgan Chase & Co. from $365.00 to $374.00 in a research report report published on Monday,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.

A number of other research firms have also recently weighed in on BURL. Citigroup lifted their price target on Burlington Stores from $351.00 to $380.00 and gave the company a “buy” rating in a report on Friday, March 6th. Barclays raised their price objective on shares of Burlington Stores from $331.00 to $335.00 and gave the company an “overweight” rating in a research note on Monday, March 2nd. Truist Financial initiated coverage on shares of Burlington Stores in a research note on Monday. They set a “hold” rating and a $305.00 price objective on the stock. UBS Group restated a “buy” rating on shares of Burlington Stores in a research report on Tuesday, March 3rd. Finally, Evercore restated an “outperform” rating and issued a $375.00 price target on shares of Burlington Stores in a research report on Thursday, March 5th. Sixteen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $353.00.

Burlington Stores Stock Performance

Shares of NYSE BURL opened at $290.34 on Monday. The company has a quick ratio of 0.65, a current ratio of 1.23 and a debt-to-equity ratio of 1.11. The firm’s 50-day moving average price is $317.92 and its two-hundred day moving average price is $299.03. Burlington Stores has a 52-week low of $218.52 and a 52-week high of $351.85. The stock has a market capitalization of $18.24 billion, a P/E ratio of 30.50, a P/E/G ratio of 1.78 and a beta of 1.48.

Burlington Stores (NYSE:BURL) last issued its earnings results on Thursday, March 5th. The company reported $4.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.70 by $0.29. The firm had revenue of $3.65 billion for the quarter, compared to analysts’ expectations of $2.77 billion. Burlington Stores had a net margin of 5.28% and a return on equity of 41.37%. Burlington Stores’s revenue was up 11.3% on a year-over-year basis. During the same quarter last year, the company posted $4.07 earnings per share. Burlington Stores has set its FY 2026 guidance at 10.950-11.450 EPS and its Q1 2026 guidance at 1.600-1.750 EPS. As a group, sell-side analysts forecast that Burlington Stores will post 11.27 earnings per share for the current year.

Insider Activity

In other news, COO Travis Marquette sold 3,759 shares of the business’s stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $327.75, for a total transaction of $1,232,012.25. Following the transaction, the chief operating officer owned 26,350 shares in the company, valued at approximately $8,636,212.50. The trade was a 12.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 1.30% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in BURL. Massachusetts Financial Services Co. MA increased its stake in Burlington Stores by 6.7% in the third quarter. Massachusetts Financial Services Co. MA now owns 945,554 shares of the company’s stock valued at $240,643,000 after acquiring an additional 59,587 shares during the period. Hudson Bay Capital Management LP acquired a new position in shares of Burlington Stores during the third quarter worth approximately $4,142,000. Vanguard Group Inc. lifted its position in shares of Burlington Stores by 3.5% during the third quarter. Vanguard Group Inc. now owns 6,782,201 shares of the company’s stock worth $1,726,070,000 after purchasing an additional 232,358 shares in the last quarter. Campbell & CO Investment Adviser LLC acquired a new position in shares of Burlington Stores during the third quarter worth approximately $1,033,000. Finally, Alkeon Capital Management LLC lifted its position in shares of Burlington Stores by 50.0% during the third quarter. Alkeon Capital Management LLC now owns 525,000 shares of the company’s stock worth $133,612,000 after purchasing an additional 175,000 shares in 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.