Burlington Stores, Inc. (NYSE:BURL) Receives Consensus Recommendation of “Buy” from Analysts

Shares of Burlington Stores, Inc. (NYSE:BURLGet Free Report) have been given an average rating of “Buy” by the fourteen research firms that are currently covering the company, Marketbeat reports. Fourteen investment analysts have rated the stock with a buy rating. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $344.2857.

A number of research firms have commented on BURL. Morgan Stanley boosted their price objective on Burlington Stores from $309.00 to $328.00 and gave the stock an “overweight” rating in a research note on Friday, August 29th. Barclays boosted their price objective on Burlington Stores from $299.00 to $336.00 and gave the stock an “overweight” rating in a research note on Friday, August 29th. UBS Group boosted their price objective on Burlington Stores from $390.00 to $430.00 and gave the stock a “buy” rating in a research note on Friday, August 29th. Jefferies Financial Group boosted their price objective on Burlington Stores from $300.00 to $350.00 and gave the stock a “buy” rating in a research note on Friday, August 29th. Finally, Loop Capital reduced their price objective on Burlington Stores from $315.00 to $305.00 and set a “buy” rating on the stock in a research note on Friday, May 30th.

Check Out Our Latest Report on Burlington Stores

Insider Buying and Selling at Burlington Stores

In other news, CMO Jennifer Vecchio sold 420 shares of the company’s stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $236.64, for a total transaction of $99,388.80. Following the transaction, the chief marketing officer owned 65,429 shares of the company’s stock, valued at $15,483,118.56. This represents a 0.64% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Stephen Ferroni sold 1,123 shares of the company’s stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $281.25, for a total value of $315,843.75. Following the transaction, the chief accounting officer directly owned 2,389 shares in the company, valued at $671,906.25. This trade represents a 31.98% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.10% of the company’s stock.

Institutional Investors Weigh In On Burlington Stores

A number of institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. raised its stake in shares of Burlington Stores by 3.4% during the first quarter. Vanguard Group Inc. now owns 6,603,257 shares of the company’s stock worth $1,573,754,000 after buying an additional 219,124 shares during the last quarter. SRS Investment Management LLC lifted its stake in Burlington Stores by 15.9% in the second quarter. SRS Investment Management LLC now owns 1,472,137 shares of the company’s stock valued at $342,478,000 after buying an additional 201,716 shares during the period. Geode Capital Management LLC lifted its stake in Burlington Stores by 2.3% in the second quarter. Geode Capital Management LLC now owns 1,176,469 shares of the company’s stock valued at $272,894,000 after buying an additional 26,866 shares during the period. Massachusetts Financial Services Co. MA lifted its stake in Burlington Stores by 0.6% in the first quarter. Massachusetts Financial Services Co. MA now owns 961,560 shares of the company’s stock valued at $229,169,000 after buying an additional 5,912 shares during the period. Finally, American Century Companies Inc. lifted its stake in Burlington Stores by 4.2% in the second quarter. American Century Companies Inc. now owns 767,436 shares of the company’s stock valued at $178,536,000 after buying an additional 30,750 shares during the period.

Burlington Stores Stock Up 0.5%

Shares of NYSE:BURL opened at $259.82 on Friday. Burlington Stores has a 52 week low of $212.92 and a 52 week high of $309.00. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.55 and a current ratio of 1.23. The company’s fifty day moving average is $277.56 and its 200-day moving average is $252.26. The company has a market capitalization of $16.38 billion, a PE ratio of 30.68, a P/E/G ratio of 1.93 and a beta of 1.72.

Burlington Stores (NYSE:BURLGet Free Report) last issued its earnings results on Thursday, August 28th. The company reported $1.59 EPS for the quarter, beating the consensus estimate of $1.27 by $0.32. Burlington Stores had a net margin of 4.96% and a return on equity of 42.74%. The company had revenue of $2.70 billion for the quarter, compared to the consensus estimate of $2.64 billion. During the same quarter in the previous year, the company earned $1.24 EPS. The firm’s revenue for the quarter was up 9.7% compared to the same quarter last year. Burlington Stores has set its Q3 2025 guidance at 1.5-1.600 EPS. FY 2025 guidance at 9.190-9.590 EPS. Equities research analysts predict that Burlington Stores will post 7.93 earnings per share for the current fiscal year.

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.

Read More

Analyst Recommendations 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.