Burlington Stores (NYSE:BURL) Sets New 1-Year High – What’s Next?

Shares of Burlington Stores, Inc. (NYSE:BURL) hit a new 52-week high on Monday . The stock traded as high as $316.25 and last traded at $315.7860, with a volume of 287465 shares trading hands. The stock had previously closed at $311.63.

Analyst Upgrades and Downgrades

BURL has been the topic of several research reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of Burlington Stores in a research report on Wednesday, January 21st. Guggenheim initiated coverage on shares of Burlington Stores in a report on Tuesday, December 9th. They issued a “neutral” rating on the stock. Evercore reduced their target price on shares of Burlington Stores from $370.00 to $335.00 and set an “outperform” rating for the company in a report on Wednesday, November 26th. The Goldman Sachs Group set a $331.00 price target on shares of Burlington Stores in a research report on Wednesday, November 26th. Finally, BTIG Research started coverage on Burlington Stores in a research note on Tuesday, October 14th. They set a “neutral” rating for the company. Fifteen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $335.94.

Burlington Stores Trading Up 2.1%

The company’s 50-day moving average is $287.77 and its 200 day moving average is $279.05. The company has a current ratio of 1.21, a quick ratio of 0.46 and a debt-to-equity ratio of 1.32. The firm has a market cap of $20.01 billion, a PE ratio of 34.40, a P/E/G ratio of 1.69 and a beta of 1.74.

Burlington Stores (NYSE:BURL) last announced its earnings results on Tuesday, November 25th. The company reported $1.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.59 by $0.09. The company had revenue of $2.71 billion for the quarter, compared to the consensus estimate of $2.74 billion. Burlington Stores had a net margin of 5.01% and a return on equity of 41.02%. The company’s revenue was up 7.1% on a year-over-year basis. During the same period in the previous year, the business earned $1.55 EPS. Burlington Stores has set its Q4 2025 guidance at 4.500-4.70 EPS and its FY 2025 guidance at 9.690-9.890 EPS. As a group, sell-side analysts predict that Burlington Stores, Inc. will post 7.93 EPS for the current year.

Hedge Funds Weigh In On Burlington Stores

Several institutional investors and hedge funds have recently bought and sold shares of the business. Stone House Investment Management LLC acquired a new position in shares of Burlington Stores in the 4th quarter valued at about $25,000. First Horizon Corp purchased a new position in Burlington Stores during the third quarter valued at approximately $25,000. Harbour Investments Inc. grew its position in Burlington Stores by 44.7% during the fourth quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock valued at $32,000 after purchasing an additional 34 shares in the last quarter. JPL Wealth Management LLC acquired a new position in Burlington Stores in the 3rd quarter valued at approximately $28,000. Finally, Root Financial Partners LLC purchased a new stake in Burlington Stores in the 3rd quarter worth approximately $30,000.

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.