Brokerages Set Burlington Stores, Inc. (NYSE:BURL) PT at $344.29

Burlington Stores, Inc. (NYSE:BURL) has been assigned a consensus recommendation of “Moderate Buy” from the sixteen analysts that are currently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $344.2857.

A number of analysts recently weighed in on the stock. Telsey Advisory Group reiterated an “outperform” rating and issued a $350.00 price target (up from $300.00) on shares of Burlington Stores in a research report on Thursday, August 28th. Evercore ISI raised their target price on shares of Burlington Stores from $310.00 to $370.00 and gave the stock an “outperform” rating in a report on Friday, August 29th. BTIG Research started coverage on shares of Burlington Stores in a report on Tuesday. They set a “neutral” rating on the stock. Wells Fargo & Company raised their target price on shares of Burlington Stores from $300.00 to $330.00 and gave the stock an “overweight” rating in a report on Thursday, August 28th. Finally, Jefferies Financial Group raised their target price on shares of Burlington Stores from $300.00 to $350.00 and gave the stock a “buy” rating in a report on Friday, August 29th.

Burlington Stores Stock Performance

Shares of NYSE:BURL opened at $274.71 on Tuesday. The company has a market capitalization of $17.32 billion, a price-to-earnings ratio of 32.43, a P/E/G ratio of 2.05 and a beta of 1.74. The firm’s 50 day simple moving average is $273.60 and its 200 day simple moving average is $255.36. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.23 and a quick ratio of 0.55. Burlington Stores has a fifty-two week low of $212.92 and a fifty-two week high of $309.00.

Burlington Stores (NYSE:BURL) last announced its quarterly earnings results on Thursday, August 28th. The company reported $1.59 earnings per share for the quarter, beating analysts’ consensus estimates of $1.27 by $0.32. The business had revenue of $2.70 billion for the quarter, compared to the consensus estimate of $2.64 billion. Burlington Stores had a net margin of 4.96% and a return on equity of 42.74%. Burlington Stores’s revenue for the quarter was up 9.7% on a year-over-year basis. During the same period last year, the company posted $1.24 EPS. Burlington Stores has set its Q3 2025 guidance at 1.5-1.600 EPS. FY 2025 guidance at 9.190-9.590 EPS. As a group, sell-side analysts forecast that Burlington Stores will post 7.93 earnings per share for the current year.

Insider Buying and Selling

In other Burlington Stores news, CAO Stephen Ferroni sold 1,123 shares of the firm’s stock in a transaction that occurred on Tuesday, September 9th. The shares were sold at an average price of $281.25, for a total transaction of $315,843.75. Following the sale, the chief accounting officer directly owned 2,389 shares in the company, valued at approximately $671,906.25. This trade represents a 31.98% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 1.10% of the company’s stock.

Hedge Funds Weigh In On Burlington Stores

Hedge funds have recently made changes to their positions in the business. Golden State Wealth Management LLC grew its stake in shares of Burlington Stores by 258.6% during the 1st quarter. Golden State Wealth Management LLC now owns 104 shares of the company’s stock worth $25,000 after acquiring an additional 75 shares in the last quarter. WPG Advisers LLC bought a new position in shares of Burlington Stores during the 1st quarter worth approximately $26,000. Geneos Wealth Management Inc. grew its stake in shares of Burlington Stores by 235.4% during the 2nd quarter. Geneos Wealth Management Inc. now owns 161 shares of the company’s stock worth $37,000 after acquiring an additional 113 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of Burlington Stores by 250.9% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 186 shares of the company’s stock worth $43,000 after acquiring an additional 133 shares in the last quarter. Finally, Brooklyn Investment Group grew its stake in shares of Burlington Stores by 48.2% during the 1st quarter. Brooklyn Investment Group now owns 206 shares of the company’s stock worth $49,000 after acquiring an additional 67 shares in the last quarter.

About Burlington Stores

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.