Burlington Stores (NYSE:BURL) Shares Break Above 50 Day Moving Average – Here’s What Happened

Burlington Stores, Inc. (NYSE:BURL)’s share price passed above its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $256.93 and traded as high as $263.03. Burlington Stores shares last traded at $258.0340, with a volume of 1,724,120 shares traded.

Wall Street Analyst Weigh In

BURL has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft dropped their price objective on Burlington Stores from $367.00 to $323.00 and set a “hold” rating for the company in a research note on Friday, August 28th. Wells Fargo & Company set a $370.00 target price on Burlington Stores in a research note on Friday, August 28th. Jefferies Financial Group raised their price target on Burlington Stores from $365.00 to $410.00 and gave the company a “buy” rating in a report on Friday, August 14th. Bank of America dropped their price target on Burlington Stores from $365.00 to $344.00 and set a “buy” rating for the company in a research report on Tuesday, October 27th. Finally, Wall Street Zen lowered Burlington Stores from a “buy” rating to a “hold” rating in a report on Sunday, August 2nd. Fifteen research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $368.06.

Burlington Stores Price Performance

The company has a market capitalization of $16.21 billion, a PE ratio of 23.16, a price-to-earnings-growth ratio of 1.61 and a beta of 1.50. The company has a quick ratio of 0.47, a current ratio of 1.17 and a debt-to-equity ratio of 0.95. The firm’s 50-day moving average is $256.93 and its 200-day moving average is $306.55.

Burlington Stores (NYSE:BURL) last released its quarterly earnings results on Thursday, August 27th. The company reported $2.96 earnings per share for the quarter, beating analysts’ consensus estimates of $2.19 by $0.77. Burlington Stores had a return on equity of 41.72% and a net margin of 5.85%. The business had revenue of $3 billion for the quarter, compared to the consensus estimate of $3.03 billion. During the same quarter last year, the business posted $1.72 earnings per share. The company’s revenue for the quarter 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. Equities analysts predict that Burlington Stores, Inc. will post 11.91 earnings per share for the current fiscal year.

Insider Buying and Selling 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 stock was sold at an average price of $271.53, for a total transaction of $455,627.34. Following the transaction, the chief marketing officer directly owned 74,305 shares of the company’s stock, valued at approximately $20,176,036.65. This trade represents a 2.21% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 1.30% of the company’s stock.

Institutional Trading of Burlington Stores

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Elevation Wealth Partners LLC raised its stake in shares of Burlington Stores by 272.2% during the third quarter. Elevation Wealth Partners LLC now owns 134 shares of the company’s stock worth $36,000 after acquiring an additional 98 shares in the last quarter. CoreCap Advisors LLC boosted its stake in shares of Burlington Stores by 923.1% in the 3rd quarter. CoreCap Advisors LLC now owns 133 shares of the company’s stock valued at $36,000 after purchasing an additional 120 shares in the last quarter. Root Financial Partners LLC purchased a new stake in shares of Burlington Stores in the 3rd quarter valued at $36,000. CX Institutional grew its holdings in shares of Burlington Stores by 182.7% during the 3rd quarter. CX Institutional now owns 212 shares of the company’s stock valued at $57,000 after purchasing an additional 137 shares during the last quarter. Finally, State of Wyoming bought a new position in shares of Burlington Stores during the 2nd quarter valued at $71,000.

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.