Burlington Stores, Inc. (NYSE:BURL) Stock Has Average Target Price of $369.88

Shares of Burlington Stores, Inc. (NYSE:BURL) have received an average recommendation of “Moderate Buy” from the twenty-one research firms that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and fifteen have given a buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $368.06.

BURL has been the subject of several recent analyst reports. UBS Group upped their target price on shares of Burlington Stores from $435.00 to $440.00 and gave the stock a “buy” rating in a research report on Monday, August 17th. Citigroup cut their price target on Burlington Stores from $380.00 to $318.00 and set a “neutral” rating on the stock in a report on Friday, August 28th. Bank of America reduced their price objective on Burlington Stores from $365.00 to $344.00 and set a “buy” rating for the company in a research report on Tuesday. Morgan Stanley decreased their price objective on Burlington Stores from $438.00 to $432.00 and set an “overweight” rating for the company in a report on Friday, August 28th. Finally, Wolfe Research initiated coverage on Burlington Stores in a report on Wednesday, October 21st. They issued an “outperform” rating and a $356.00 price objective for the company.

Burlington Stores Price Performance

Shares of NYSE BURL opened at $237.37 on Friday. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.17 and a quick ratio of 0.47. The firm has a market capitalization of $14.91 billion, a PE ratio of 21.31, a P/E/G ratio of 1.63 and a beta of 1.43. Burlington Stores has a 1-year low of $226.85 and a 1-year high of $378.33. The business’s fifty day moving average price is $261.68 and its two-hundred day moving average price is $307.46.

Burlington Stores (NYSE:BURL) last announced its quarterly earnings results on Thursday, August 27th. The company reported $2.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.19 by $0.77. Burlington Stores had a net margin of 5.85% and a return on equity of 41.72%. The company had revenue of $3 billion during the quarter, compared to the consensus estimate of $3.03 billion. During the same quarter in the previous year, the company posted $1.72 earnings per share. The company’s revenue for the quarter was up 11.0% compared to the same quarter last year. 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. On average, research analysts expect that Burlington Stores will post 11.91 EPS for the current year.

Insider Activity

In other news, CMO Jennifer Vecchio sold 1,678 shares of the stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $271.53, for a total value of $455,627.34. Following the completion of the transaction, the chief marketing officer owned 74,305 shares of the company’s stock, valued at approximately $20,176,036.65. This represents a 2.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On Burlington Stores

Several institutional investors have recently bought and sold shares of the stock. B. Metzler seel. Sohn & Co. AG bought a new position in Burlington Stores during the second quarter valued at about $3,210,000. Bull Harbor Capital LLC acquired a new stake in shares of Burlington Stores in the first quarter worth about $1,091,000. Advisors Capital Management LLC bought a new stake in shares of Burlington Stores during the 2nd quarter worth about $3,133,000. Sculptor Capital LP bought a new stake in shares of Burlington Stores during the 2nd quarter worth about $56,549,000. Finally, Hsbc Holdings PLC boosted its stake in shares of Burlington Stores by 41.4% during the 2nd quarter. Hsbc Holdings PLC now owns 60,706 shares of the company’s stock worth $19,237,000 after acquiring an additional 17,787 shares in the last quarter.

Burlington Stores Company Profile

Burlington Stores, Inc (NYSE:BURL) is an off-price retailer offering branded and private-label merchandise at discounted prices. The company sells a broad range of products, including women’s, men’s and children’s apparel; footwear; accessories; home goods; and baby products.

Burlington operates through a nationwide network of stores in the United States. Its off-price model emphasizes opportunistic purchasing, allowing the company to offer changing assortments of merchandise at prices generally below those of department stores and specialty retailers.

The company traces its history to 1972, when it opened its first store in Burlington, New Jersey, as Burlington Coat Factory.