Burlington Stores (NYSE:BURL) Reaches New 52-Week High – Here’s Why

Burlington Stores, Inc. (NYSE:BURL) reached a new 52-week high during trading on Thursday . The stock traded as high as $352.50 and last traded at $354.7220, with a volume of 10728 shares trading hands. The stock had previously closed at $345.24.

Analyst Upgrades and Downgrades

BURL has been the topic of several recent research reports. UBS Group reiterated a “buy” rating and issued a $435.00 price objective on shares of Burlington Stores in a research note on Friday, May 29th. JPMorgan Chase & Co. dropped their price target on Burlington Stores from $374.00 to $351.00 and set an “overweight” rating for the company in a research note on Friday, May 29th. Weiss Ratings raised Burlington Stores from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, July 7th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $365.00 price objective on shares of Burlington Stores in a report on Tuesday, March 31st. Finally, Truist Financial raised their target price on shares of Burlington Stores from $305.00 to $310.00 and gave the company a “hold” rating in a report on Thursday, May 28th. Fifteen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $353.56.

Burlington Stores Price Performance

The company has a debt-to-equity ratio of 1.03, a current ratio of 1.16 and a quick ratio of 0.49. The firm has a fifty day moving average of $318.98 and a two-hundred day moving average of $314.31. The stock has a market capitalization of $22.42 billion, a P/E ratio of 36.59, a P/E/G ratio of 1.80 and a beta of 1.46.

Burlington Stores (NYSE:BURL) last released its quarterly earnings results on Thursday, May 28th. The company reported $2.01 earnings per share for the quarter, beating analysts’ consensus estimates of $1.80 by $0.21. The business had revenue of $2.86 billion for the quarter, compared to analysts’ expectations of $2.80 billion. Burlington Stores had a net margin of 5.24% and a return on equity of 39.93%. The company’s revenue was up 14.1% compared to the same quarter last year. During the same period last year, the business earned $1.60 EPS. Burlington Stores has set its Q2 2026 guidance at 2.050-2.200 EPS and its FY 2026 guidance at 11.450-11.800 EPS. On average, analysts predict that Burlington Stores, Inc. will post 11.71 EPS for the current year.

Insider Activity at Burlington Stores

In related news, insider Matthew Pasch sold 3,773 shares of the stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $317.21, for a total value of $1,196,833.33. Following the completion of the transaction, the insider directly owned 6,523 shares of the company’s stock, valued at $2,069,160.83. This trade represents a 36.65% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Stephen Ferroni sold 2,343 shares of Burlington Stores stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $337.22, for a total transaction of $790,106.46. Following the completion of the sale, the chief accounting officer owned 1,391 shares of the company’s stock, valued at $469,073.02. This trade represents a 62.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 28,714 shares of company stock valued at $9,661,022 in the last three months. 1.30% of the stock is owned by insiders.

Institutional Investors Weigh In On Burlington Stores

A number of large investors have recently made changes to their positions in BURL. Stone House Investment Management LLC acquired a new position in shares of Burlington Stores in the fourth quarter valued at about $25,000. JPL Wealth Management LLC purchased a new stake in shares of Burlington Stores in the third quarter worth about $28,000. Harbour Investments Inc. grew its holdings in Burlington Stores by 44.7% during the fourth quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock worth $32,000 after acquiring an additional 34 shares during the period. Reflection Asset Management acquired a new stake in Burlington Stores during the fourth quarter worth about $34,000. Finally, Larson Financial Group LLC raised its position in Burlington Stores by 180.0% during the fourth quarter. Larson Financial Group LLC now owns 126 shares of the company’s stock valued at $36,000 after acquiring an additional 81 shares in the last quarter.

About Burlington Stores

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.