Shares of Burlington Stores, Inc. (NYSE:BURL – Get Free Report) have earned a consensus rating of “Moderate Buy” from the twenty brokerages that are presently covering the stock, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $353.5625.
BURL has been the subject of a number of research reports. Bank of America raised their price objective on shares of Burlington Stores from $367.00 to $375.00 and gave the company a “buy” rating in a report on Friday, May 29th. Truist Financial boosted their target price on shares of Burlington Stores from $305.00 to $310.00 and gave the stock a “hold” rating in a report on Thursday, May 28th. UBS Group restated a “buy” rating and issued a $435.00 price target on shares of Burlington Stores in a research report on Friday, May 29th. JPMorgan Chase & Co. dropped their price target on shares of Burlington Stores from $374.00 to $351.00 and set an “overweight” rating for the company in a research note on Friday, May 29th. Finally, 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 report on Friday, May 29th.
Read Our Latest Report on Burlington Stores
Burlington Stores Price Performance
Burlington Stores (NYSE:BURL – Get Free Report) last announced its quarterly earnings results on Thursday, May 28th. The company reported $2.01 EPS for the quarter, beating analysts’ consensus estimates of $1.80 by $0.21. The firm had revenue of $2.86 billion for the quarter, compared to analyst estimates of $2.80 billion. Burlington Stores had a return on equity of 39.93% and a net margin of 5.24%.The business’s revenue for the quarter was up 14.1% on a year-over-year basis. During the same period last 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. Analysts expect that Burlington Stores will post 11.71 EPS for the current year.
Insider Buying and Selling
In related news, insider Matthew Pasch sold 3,773 shares of the firm’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $317.21, for a total transaction of $1,196,833.33. Following the completion of the transaction, the insider directly owned 6,523 shares of the company’s stock, valued at $2,069,160.83. This trade represents a 36.65% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CMO Jennifer Vecchio sold 20,920 shares of Burlington Stores stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $341.53, for a total value of $7,144,807.60. Following the transaction, the chief marketing officer directly owned 81,017 shares in the company, valued at $27,669,736.01. The trade was a 20.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 28,714 shares of company stock valued at $9,661,022 in the last three months. Insiders own 1.30% of the company’s stock.
Institutional Trading of Burlington Stores
Several institutional investors have recently added to or reduced their stakes in BURL. Stone House Investment Management LLC bought a new position in Burlington Stores during the 4th quarter worth approximately $25,000. JPL Wealth Management LLC bought a new stake in shares of Burlington Stores in the 3rd quarter valued at $28,000. Harbour Investments Inc. increased its position in shares of Burlington Stores by 44.7% during the fourth quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock worth $32,000 after buying an additional 34 shares during the period. Reflection Asset Management acquired a new stake in shares of Burlington Stores during the fourth quarter worth $34,000. Finally, Larson Financial Group LLC raised its stake in Burlington Stores by 180.0% during the fourth quarter. Larson Financial Group LLC now owns 126 shares of the company’s stock worth $36,000 after buying an additional 81 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.
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