Burlington Stores (NYSE:BURL) Now Covered by Analysts at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft started coverage on shares of Burlington Stores (NYSE:BURL) in a report published on Thursday morning, Marketbeat.com reports. The brokerage issued a hold rating and a $318.00 price objective on the stock.

Several other analysts have also weighed in on BURL. Barclays lowered their target price on shares of Burlington Stores from $336.00 to $331.00 and set an “overweight” rating for the company in a research note on Wednesday, November 26th. Evercore ISI decreased their price target 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. JPMorgan Chase & Co. lowered their price objective on shares of Burlington Stores from $346.00 to $316.00 and set an “overweight” rating for the company in a research report on Wednesday, November 26th. Morgan Stanley dropped their price objective on shares of Burlington Stores from $330.00 to $310.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 26th. Finally, Guggenheim initiated coverage on Burlington Stores in a research note on Tuesday, December 9th. They issued a “neutral” rating for the company. Sixteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $335.94.

Burlington Stores Stock Down 0.6%

Shares of Burlington Stores stock opened at $307.91 on Thursday. The business has a 50-day moving average price of $276.84 and a 200 day moving average price of $270.99. Burlington Stores has a fifty-two week low of $212.92 and a fifty-two week high of $315.14. The firm has a market cap of $19.38 billion, a P/E ratio of 35.39, a P/E/G ratio of 2.05 and a beta of 1.74. The company has a quick ratio of 0.46, a current ratio of 1.21 and a debt-to-equity ratio of 1.32.

Burlington Stores (NYSE:BURL) last released its earnings results on Tuesday, November 25th. The company reported $1.68 EPS for the quarter, topping analysts’ consensus estimates of $1.59 by $0.09. Burlington Stores had a return on equity of 41.02% and a net margin of 5.01%.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 business posted $1.55 EPS. Burlington Stores’s quarterly 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 and its FY 2025 guidance at 9.690-9.890 EPS. On average, sell-side analysts forecast that Burlington Stores will post 7.93 earnings per share for the current fiscal year.

Insider Activity at Burlington Stores

In related news, CMO Jennifer Vecchio sold 419 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $274.48, for a total transaction of $115,007.12. Following the transaction, the chief marketing officer owned 63,751 shares in the company, valued at $17,498,374.48. This trade represents a 0.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.10% of the stock is owned by corporate insiders.

Institutional Trading of Burlington Stores

Several institutional investors and hedge funds have recently added to or reduced their stakes in BURL. First Horizon Corp bought a new stake in Burlington Stores during the third quarter worth approximately $25,000. JPL Wealth Management LLC acquired a new stake in shares of Burlington Stores during the 3rd quarter valued at $28,000. Root Financial Partners LLC acquired a new stake in shares of Burlington Stores during the 3rd quarter valued at $30,000. Mather Group LLC. bought a new stake in shares of Burlington Stores during the 3rd quarter worth $36,000. Finally, Geneos Wealth Management Inc. grew its holdings in shares of Burlington Stores by 235.4% in the 2nd quarter. Geneos Wealth Management Inc. now owns 161 shares of the company’s stock worth $37,000 after acquiring an additional 113 shares during the last quarter.

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.