Burlington Stores (NYSE:BURL) Rating Increased to Buy at Wall Street Zen

Burlington Stores (NYSE:BURL) was upgraded by research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued on Saturday.

Several other equities research analysts have also recently weighed in on the stock. 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 research report on Friday, May 29th. UBS Group restated a “buy” rating and issued a $435.00 price objective on shares of Burlington Stores in a research report on Friday, May 29th. Wells Fargo & Company decreased their price objective on Burlington Stores from $400.00 to $375.00 and set an “overweight” rating on the stock in a research report on Friday, May 29th. Telsey Advisory Group restated an “outperform” rating and set a $365.00 target price on shares of Burlington Stores in a research report on Tuesday, March 31st. Finally, Weiss Ratings cut Burlington Stores from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday. Fourteen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Burlington Stores currently has an average rating of “Moderate Buy” and a consensus price target of $353.56.

Burlington Stores Price Performance

Shares of Burlington Stores stock opened at $349.62 on Friday. Burlington Stores has a 1-year low of $240.49 and a 1-year high of $361.21. The firm’s 50-day moving average price is $326.69 and its two-hundred day moving average price is $317.08. The company has a current ratio of 1.16, a quick ratio of 0.49 and a debt-to-equity ratio of 1.03. The stock has a market capitalization of $22.00 billion, a price-to-earnings ratio of 35.93, a P/E/G ratio of 1.83 and a beta of 1.46.

Burlington Stores (NYSE:BURL) last released its quarterly earnings results on Thursday, May 28th. The company reported $2.01 EPS for the quarter, topping analysts’ consensus estimates of $1.80 by $0.21. The business 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%.Burlington Stores’s revenue for the quarter was up 14.1% on a year-over-year basis. During the same period in the prior year, the company earned $1.60 EPS. 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, equities analysts predict that Burlington Stores will post 11.71 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Burlington Stores news, CAO Stephen Ferroni sold 2,343 shares of Burlington Stores stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $337.22, for a total transaction of $790,106.46. Following the transaction, the chief accounting officer directly owned 1,391 shares in the company, valued at approximately $469,073.02. The trade was a 62.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Matthew Pasch sold 3,773 shares of the stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $317.21, for a total value of $1,196,833.33. Following the completion of the sale, the insider owned 6,523 shares of the company’s stock, valued at $2,069,160.83. This trade represents a 36.65% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 28,714 shares of company stock worth $9,661,022. Company insiders own 1.30% of the company’s stock.

Institutional Trading of Burlington Stores

Several hedge funds have recently bought and sold shares of BURL. Massachusetts Financial Services Co. MA boosted its stake in Burlington Stores by 17.5% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,110,632 shares of the company’s stock worth $320,806,000 after purchasing an additional 165,078 shares during the period. Geode Capital Management LLC boosted its position in shares of Burlington Stores by 2.2% during the fourth quarter. Geode Capital Management LLC now owns 1,233,176 shares of the company’s stock worth $355,261,000 after buying an additional 27,074 shares during the period. Assenagon Asset Management S.A. grew its holdings in shares of Burlington Stores by 82.8% during the fourth quarter. Assenagon Asset Management S.A. now owns 23,157 shares of the company’s stock worth $6,689,000 after buying an additional 10,492 shares in the last quarter. Intech Investment Management LLC raised its position in Burlington Stores by 35.9% in the 4th quarter. Intech Investment Management LLC now owns 14,345 shares of the company’s stock valued at $4,144,000 after buying an additional 3,789 shares during the last quarter. Finally, Eurizon Capital SGR S.p.A. bought a new stake in Burlington Stores in the 4th quarter valued at approximately $3,514,000.

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.