Bank of America Issues Positive Forecast for Burlington Stores (NYSE:BURL) Stock Price

Burlington Stores (NYSE:BURL) had its price objective increased by Bank of America from $367.00 to $375.00 in a research report released on Friday morning,Benzinga reports. The brokerage currently has a buy rating on the stock.

A number of other equities analysts also recently weighed in on BURL. Weiss Ratings raised shares of Burlington Stores from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, March 23rd. UBS Group reaffirmed a “buy” rating and set a $435.00 price target on shares of Burlington Stores in a research note on Friday. Wells Fargo & Company cut their price target on shares of Burlington Stores from $400.00 to $375.00 and set an “overweight” rating on the stock in a research note on Friday. Evercore reaffirmed an “outperform” rating and set a $375.00 price target on shares of Burlington Stores in a research note on Thursday, March 5th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $370.00 price target on shares of Burlington Stores in a research note on Thursday, March 5th. Fifteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, Burlington Stores currently has a consensus rating of “Moderate Buy” and an average target price of $353.56.

Burlington Stores Stock Performance

Shares of BURL opened at $323.88 on Friday. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.65 and a current ratio of 1.16. The company has a market capitalization of $20.35 billion, a price-to-earnings ratio of 33.29, a PEG ratio of 1.79 and a beta of 1.48. The company’s 50 day simple moving average is $320.30 and its 200 day simple moving average is $301.40. Burlington Stores has a 1 year low of $218.52 and a 1 year high of $351.85.

Burlington Stores (NYSE:BURL) last announced its quarterly earnings data on Thursday, May 28th. The company reported $2.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.80 by $0.21. The business had revenue of $2.86 billion for the quarter, compared to the consensus estimate of $2.80 billion. Burlington Stores had a net margin of 5.24% and a return on equity of 39.93%. The company’s quarterly revenue was up 14.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.60 earnings per share. 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. On average, sell-side analysts predict that Burlington Stores will post 11.46 EPS for the current year.

Insider Activity at Burlington Stores

In other news, COO Travis Marquette sold 3,759 shares of the firm’s stock in a transaction on Tuesday, March 24th. The shares were sold at an average price of $327.75, for a total value of $1,232,012.25. Following the transaction, the chief operating officer owned 26,350 shares of the company’s stock, valued at approximately $8,636,212.50. This trade represents a 12.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 1.30% of the company’s stock.

Hedge Funds Weigh In On Burlington Stores

A number of hedge funds have recently made changes to their positions in BURL. Stone House Investment Management LLC purchased a new position in shares of Burlington Stores in the 4th quarter valued at $25,000. JPL Wealth Management LLC purchased a new position in shares of Burlington Stores in the 3rd quarter valued at $28,000. Harbour Investments Inc. raised its stake in shares of Burlington Stores by 44.7% in the 4th quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock valued at $32,000 after acquiring an additional 34 shares during the period. Reflection Asset Management purchased a new position in shares of Burlington Stores in the 4th quarter valued at $34,000. Finally, Larson Financial Group LLC raised its stake in shares of Burlington Stores by 180.0% in the 4th quarter. Larson Financial Group LLC now owns 126 shares of the company’s stock valued at $36,000 after acquiring an additional 81 shares during the period.

Burlington Stores News Summary

Here are the key news stories impacting Burlington Stores this week:

• Positive Sentiment: Bank of America raised its price target on Burlington Stores to $375 and reiterated a buy rating, signaling confidence in further upside. Benzinga
• Positive Sentiment: Wells Fargo kept an overweight rating and lifted its target to $375, following stronger-than-expected quarterly performance and improved guidance. Tickerreport.com
• Positive Sentiment: Burlington reported first-quarter EPS of $2.01 versus $1.77 expected and revenue of $2.86 billion versus $2.80 billion expected, extending its streak of double-digit EPS growth to 14 quarters. GlobeNewswire release
• Positive Sentiment: The company raised fiscal 2026 EPS guidance to $11.45-$11.80, above consensus, and outlined plans for 115 net new stores, reinforcing the growth outlook. MSN article
• Neutral Sentiment: JPMorgan lowered its price target to $351 but maintained an overweight rating, which is still supportive despite the smaller target. Benzinga
• Neutral Sentiment: Some traders bought large volumes of put options, suggesting hedging or caution even as fundamentals improved. American Banking News
• Negative Sentiment: JPMorgan and Wells Fargo both trimmed their price targets from prior levels, indicating analysts see a bit less upside than before despite keeping bullish ratings. Benzinga
• Negative Sentiment: Reports noted the stock sold off after earnings even though Burlington beat estimates, suggesting investors may have been focused on valuation or taking profits after the run-up. Benzinga earnings article

About Burlington Stores

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.