JPMorgan Chase & Co. Issues Pessimistic Forecast for Burlington Stores (NYSE:BURL) Stock Price

Burlington Stores (NYSE:BURL) had its price objective lowered by investment analysts at JPMorgan Chase & Co. from $346.00 to $316.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 20.97% from the stock’s previous close.

Other analysts have also issued reports about the company. Bank of America lifted their price target on Burlington Stores from $350.00 to $363.00 and gave the stock a “buy” rating in a research note on Friday, August 29th. Telsey Advisory Group reissued an “outperform” rating and set a $350.00 price objective on shares of Burlington Stores in a report on Tuesday. Barclays cut their price target on Burlington Stores from $336.00 to $331.00 and set an “overweight” rating for the company in a report on Wednesday. Evercore ISI cut their price target on shares of Burlington Stores from $370.00 to $335.00 and set an “outperform” rating on the stock in a research note on Wednesday. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Burlington Stores in a report on Wednesday, October 8th. Fifteen research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Burlington Stores currently has a consensus rating of “Moderate Buy” and a consensus price target of $336.21.

Burlington Stores Price Performance

Shares of BURL traded up $11.58 during mid-day trading on Wednesday, reaching $261.23. The stock had a trading volume of 744,907 shares, compared to its average volume of 1,103,474. The firm has a market cap of $16.47 billion, a price-to-earnings ratio of 30.83, a PEG ratio of 2.13 and a beta of 1.74. The business has a fifty day moving average of $270.14 and a 200 day moving average of $264.12. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.55 and a current ratio of 1.23. Burlington Stores has a 12 month low of $212.92 and a 12 month high of $309.00.

Burlington Stores (NYSE:BURL) last posted its quarterly earnings results on Tuesday, November 25th. The company reported $1.68 EPS for the quarter, topping the consensus estimate of $1.59 by $0.09. Burlington Stores had a net margin of 4.96% and a return on equity of 42.74%. The company had revenue of $2.71 billion for the quarter, compared to the consensus estimate of $2.74 billion. During the same quarter last year, the firm posted $1.55 EPS. The firm’s revenue was up 7.1% compared to the same quarter last year. Burlington Stores has set its Q4 2025 guidance at 4.500-4.70 EPS. FY 2025 guidance at 9.690-9.890 EPS. Equities analysts predict that Burlington Stores will post 7.93 EPS for the current year.

Insider Transactions at Burlington Stores

In other news, CAO Stephen Ferroni sold 1,123 shares of the firm’s stock in a transaction that occurred on Tuesday, September 9th. The shares were sold at an average price of $281.25, for a total transaction of $315,843.75. Following the completion of the sale, the chief accounting officer owned 2,389 shares of the company’s stock, valued at approximately $671,906.25. This trade represents a 31.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CMO Jennifer Vecchio sold 419 shares of the business’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $274.48, for a total value of $115,007.12. Following the sale, the chief marketing officer owned 63,751 shares of the company’s stock, valued at approximately $17,498,374.48. The trade was a 0.65% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,626 shares of company stock valued at $452,804 over the last ninety days. 1.10% of the stock is owned by insiders.

Institutional Investors Weigh In On Burlington Stores

A number of hedge funds and other institutional investors have recently modified their holdings of BURL. Vident Advisory LLC grew its stake in Burlington Stores by 1.1% in the 2nd quarter. Vident Advisory LLC now owns 3,330 shares of the company’s stock valued at $775,000 after buying an additional 36 shares during the last quarter. Archer Investment Corp boosted its holdings in Burlington Stores by 6.1% during the third quarter. Archer Investment Corp now owns 640 shares of the company’s stock valued at $163,000 after acquiring an additional 37 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Burlington Stores by 14.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 302 shares of the company’s stock valued at $72,000 after purchasing an additional 38 shares during the last quarter. Emerald Advisers LLC grew its position in shares of Burlington Stores by 1.8% in the second quarter. Emerald Advisers LLC now owns 2,168 shares of the company’s stock valued at $504,000 after purchasing an additional 39 shares during the last quarter. Finally, Bessemer Group Inc. increased its stake in shares of Burlington Stores by 8.2% in the third quarter. Bessemer Group Inc. now owns 527 shares of the company’s stock worth $133,000 after purchasing an additional 40 shares during the period.

About Burlington Stores

Burlington Stores, Inc operates as a retailer of branded merchandise in the United States. The company provides fashion-focused merchandise, including women's ready-to-wear apparel, menswear, youth apparel, footwear, accessories, toys, gifts, and coats, as well as baby, home, and beauty products.