Burlington Stores, Inc. (NYSE:BURL) Receives Average Rating of “Moderate Buy” from Brokerages

Burlington Stores, Inc. (NYSE:BURL) has been assigned a consensus rating of “Moderate Buy” from the twenty research firms that are presently covering the company, Marketbeat reports. Seven equities research analysts have rated the stock with a hold recommendation and thirteen have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $370.75.

BURL has been the topic of a number of recent research reports. The Goldman Sachs Group lowered their target price on Burlington Stores from $394.00 to $382.00 and set a “buy” rating on the stock in a research report on Monday, August 31st. Sanford C. Bernstein decreased their price target on Burlington Stores from $365.00 to $355.00 and set an “outperform” rating for the company in a research note on Friday, August 28th. Wall Street Zen lowered Burlington Stores from a “buy” rating to a “hold” rating in a research report on Sunday, August 2nd. Jefferies Financial Group upped their price objective on Burlington Stores from $365.00 to $410.00 and gave the stock a “buy” rating in a research note on Friday, August 14th. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on Burlington Stores from $367.00 to $323.00 and set a “hold” rating for the company in a report on Friday, August 28th.

Burlington Stores Stock Down 1.1%

NYSE:BURL opened at $272.21 on Tuesday. The stock has a 50-day moving average price of $298.45 and a two-hundred day moving average price of $315.51. Burlington Stores has a 1 year low of $226.85 and a 1 year high of $378.33. The company has a current ratio of 1.17, a quick ratio of 0.47 and a debt-to-equity ratio of 0.95. The stock has a market cap of $17.10 billion, a price-to-earnings ratio of 24.44, a PEG ratio of 1.67 and a beta of 1.43.

Burlington Stores (NYSE:BURL) last announced its earnings results on Thursday, August 27th. The company reported $2.96 EPS for the quarter, topping the consensus estimate of $2.19 by $0.77. The firm had revenue of $3 billion for the quarter, compared to the consensus estimate of $3.03 billion. Burlington Stores had a net margin of 5.85% and a return on equity of 41.72%. The business’s quarterly revenue was up 11.0% on a year-over-year basis. During the same period last year, the company posted $1.72 EPS. 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, equities analysts expect that Burlington Stores will post 11.93 earnings per share for the current year.

Insider Transactions at Burlington Stores

In related news, CMO Jennifer Vecchio sold 1,678 shares of the firm’s stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $271.53, for a total value of $455,627.34. Following the completion of the sale, the chief marketing officer directly owned 74,305 shares in the company, valued at approximately $20,176,036.65. This trade represents a 2.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 1.30% of the company’s stock.

Hedge Funds Weigh In On Burlington Stores

A number of institutional investors have recently bought and sold shares of BURL. Harbour Investments Inc. raised its position in shares of Burlington Stores by 44.7% in the 4th quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock worth $32,000 after acquiring an additional 34 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its position in shares of Burlington Stores by 0.3% during the 4th quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 13,012 shares of the company’s stock valued at $3,759,000 after purchasing an additional 40 shares in the last quarter. CIBC Asset Management Inc boosted its position in shares of Burlington Stores by 2.0% during the 4th quarter. CIBC Asset Management Inc now owns 2,829 shares of the company’s stock valued at $817,000 after purchasing an additional 56 shares in the last quarter. Banque Cantonale Vaudoise grew its stake in Burlington Stores by 4.6% during the first quarter. Banque Cantonale Vaudoise now owns 1,327 shares of the company’s stock worth $432,000 after purchasing an additional 58 shares during the period. Finally, Parallel Advisors LLC grew its stake in Burlington Stores by 22.5% during the first quarter. Parallel Advisors LLC now owns 348 shares of the company’s stock worth $113,000 after purchasing an additional 64 shares during the period.

About Burlington Stores

Burlington Stores, Inc is an off-price retailer operating under the Burlington brand. The company offers a broad assortment of branded and private-label merchandise at prices generally below those of department stores and specialty retailers.

Its product categories include women’s, men’s and children’s clothing; footwear; accessories; beauty products; home goods; and baby merchandise. Burlington’s stores typically feature a continuously changing selection sourced through opportunistic purchasing, allowing the company to offer seasonal and fashion-oriented products across multiple departments.

The company was founded in 1972 as Burlington Coat Factory Warehouse Corporation and initially focused on selling coats and outerwear.