Burlington Stores (NYSE:BURL) Price Target Cut to $432.00 by Analysts at Morgan Stanley

Burlington Stores (NYSE:BURL) had its price target lowered by stock analysts at Morgan Stanley from $438.00 to $432.00 in a note issued to investors on Friday,Benzinga reports. The firm currently has an “overweight” rating on the stock. Morgan Stanley’s target price indicates a potential upside of 49.25% from the company’s current price.

A number of other research firms have also issued reports on BURL. Jefferies Financial Group upped their target price on shares of Burlington Stores from $365.00 to $410.00 and gave the company a “buy” rating in a report on Friday, August 14th. Truist Financial upped their target price on Burlington Stores from $305.00 to $310.00 and gave the company a “hold” rating in a research note on Thursday, May 28th. JPMorgan Chase & Co. cut their price objective on shares of Burlington Stores from $374.00 to $351.00 and set an “overweight” rating on the stock in a report on Friday, May 29th. Citigroup cut shares of Burlington Stores from a “buy” rating to a “neutral” rating and set a $380.00 price objective for the company. in a research note on Wednesday, August 5th. Finally, Weiss Ratings raised Burlington Stores from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday. Thirteen equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $371.12.

Burlington Stores Price Performance

Shares of NYSE BURL opened at $289.44 on Friday. Burlington Stores has a 52 week low of $240.49 and a 52 week high of $378.33. The stock has a market cap of $18.22 billion, a price-to-earnings ratio of 29.75, a PEG ratio of 1.61 and a beta of 1.44. 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 company’s 50-day moving average price is $340.27 and its 200 day moving average price is $325.21.

Burlington Stores (NYSE:BURL) last announced its earnings results on Thursday, August 27th. The company reported $2.96 EPS for the quarter, beating analysts’ consensus estimates of $2.19 by $0.77. Burlington Stores had a return on equity of 39.93% and a net margin of 5.24%.The firm had revenue of $3 billion for the quarter, compared to analysts’ expectations of $3.03 billion. During the same quarter in the prior year, the firm earned $1.72 EPS. Burlington Stores’s quarterly revenue was up 11.0% on a year-over-year basis. Burlington Stores has set its Q3 2026 guidance at 1.600-1.700 EPS and its FY 2026 guidance at 11.770-11.970 EPS. As a group, research analysts forecast that Burlington Stores will post 12.21 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Matthew Pasch sold 3,773 shares of the firm’s stock in a transaction dated 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 sale, the insider directly owned 6,523 shares in the company, valued at $2,069,160.83. This trade represents a 36.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Stephen Ferroni sold 2,343 shares of the business’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $337.22, for a total value of $790,106.46. Following the completion of the transaction, the chief accounting officer owned 1,391 shares in the company, valued at approximately $469,073.02. This trade represents a 62.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 30,392 shares of company stock worth $10,280,271 over the last ninety days. Corporate insiders own 1.30% of the company’s stock.

Hedge Funds Weigh In On Burlington Stores

A number of institutional investors have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Burlington Stores by 14.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 302 shares of the company’s stock worth $72,000 after buying an additional 38 shares in the last quarter. Jones Financial Companies Lllp grew its stake in Burlington Stores by 1,604.7% in the first quarter. Jones Financial Companies Lllp now owns 1,449 shares of the company’s stock worth $345,000 after purchasing an additional 1,364 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in Burlington Stores by 91.8% in the second quarter. EverSource Wealth Advisors LLC now owns 698 shares of the company’s stock valued at $162,000 after buying an additional 334 shares during the last quarter. Daiwa Securities Group Inc. raised its stake in Burlington Stores by 12.4% during the second quarter. Daiwa Securities Group Inc. now owns 7,459 shares of the company’s stock valued at $1,735,000 after buying an additional 821 shares in the last quarter. Finally, AXA S.A. grew its position in shares of Burlington Stores by 1,033.2% in the 2nd quarter. AXA S.A. now owns 10,754 shares of the company’s stock worth $2,502,000 after acquiring an additional 9,805 shares in the last quarter.

Key Burlington Stores News

Here are the key news stories impacting Burlington Stores this week:

• Positive Sentiment: Burlington reported second-quarter adjusted EPS of $2.96, well above the approximately $2.19 analyst consensus, while revenue increased 11% year over year to about $3.0 billion. The company delivered its 15th consecutive quarter of double-digit EPS growth, helped by a 100-basis-point operating-margin improvement. Burlington Stores second-quarter earnings release
• Positive Sentiment: Management raised full-year fiscal 2026 adjusted EPS guidance to $11.77-$11.97, above the $11.23 consensus, and expects revenue of $12.7-$12.8 billion. The outlook implies continued earnings momentum and 10%-11% annual revenue growth. Burlington Stores fiscal 2026 earnings update
• Positive Sentiment: The retailer plans to open 20 stores across 12 states in September, supporting its long-term sales growth strategy. Burlington ended the quarter with 1,287 locations, up 13.1% from a year earlier.
• Positive Sentiment: Burlington intends to use tariff refunds to reduce prices, which could improve customer value and help sustain traffic in its off-price retail model. Burlington tariff refund pricing plans
• Neutral Sentiment: Comparable-store sales rose 2%, producing a solid 7% two-year increase, but growth slowed from 5% in the prior-year quarter. This suggests expansion and margin gains remain strong while underlying demand is moderating. Burlington Stores share-price analysis
• Negative Sentiment: Second-quarter revenue of roughly $3.0 billion fell short of the $3.03 billion consensus, making the earnings beat less convincing to investors.
• Negative Sentiment: Third-quarter EPS guidance of $1.60-$1.70 was materially below the approximately $2.04 analyst expectation. Investors viewed the outlook as lackluster, with tariff-related costs and comparisons weighing on the near-term forecast. Burlington shares and quarterly guidance
• Negative Sentiment: Ross Stores’ stronger performance has raised concerns that Burlington is lagging some competitors within the off-price retail sector. Off-price retail competitor comparison

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.