Burlington Stores (NYSE:BURL) Announces Earnings Results, Beats Expectations By $0.32 EPS

Burlington Stores (NYSE:BURLGet Free Report) announced its earnings results on Thursday. The company reported $4.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.75 by $0.32, Zacks reports. Burlington Stores had a return on equity of 47.52% and a net margin of 4.49%. Burlington Stores updated its FY 2025 guidance to 8.700-9.300 EPS and its Q1 2025 guidance to 1.300-1.450 EPS.

Burlington Stores Stock Up 11.8 %

Shares of BURL traded up $27.91 during trading hours on Thursday, reaching $264.86. The stock had a trading volume of 1,288,704 shares, compared to its average volume of 947,619. The company has a market capitalization of $16.81 billion, a price-to-earnings ratio of 36.12, a P/E/G ratio of 1.11 and a beta of 1.62. The firm has a 50-day simple moving average of $271.04 and a 200 day simple moving average of $270.02. The company has a current ratio of 1.17, a quick ratio of 0.54 and a debt-to-equity ratio of 1.35. Burlington Stores has a 12 month low of $174.64 and a 12 month high of $298.89.

Analyst Ratings Changes

BURL has been the subject of a number of analyst reports. Barclays lowered their price objective on Burlington Stores from $327.00 to $317.00 and set an “overweight” rating for the company in a research report on Wednesday, November 27th. Citigroup boosted their price target on shares of Burlington Stores from $313.00 to $344.00 and gave the stock a “buy” rating in a research report on Wednesday, November 27th. Telsey Advisory Group reiterated an “outperform” rating and set a $340.00 price objective on shares of Burlington Stores in a research report on Thursday, February 27th. Evercore ISI boosted their target price on shares of Burlington Stores from $315.00 to $340.00 and gave the company an “outperform” rating in a report on Wednesday, November 27th. Finally, TD Cowen upped their price target on shares of Burlington Stores from $334.00 to $339.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. One equities research analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $319.87.

Check Out Our Latest Stock Report on BURL

Insider Buying and Selling at Burlington Stores

In other news, CMO Jennifer Vecchio sold 493 shares of the stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $275.75, for a total value of $135,944.75. Following the completion of the sale, the chief marketing officer now directly owns 58,944 shares of the company’s stock, valued at $16,253,808. This represents a 0.83 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.91% of the stock is currently owned by company insiders.

Burlington Stores Company Profile

(Get Free Report)

Burlington Stores, Inc operates as a retailer of branded merchandise in the United States. The company provides fashion-focused merchandise, including women's ready-to-wear apparel, menswear, youth apparel, footwear, accessories, toys, gifts, and coats, as well as baby, home, and beauty products.

Further Reading

Earnings History for Burlington Stores (NYSE:BURL)

Receive News & Ratings for Burlington Stores Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Burlington Stores and related companies with MarketBeat.com's FREE daily email newsletter.