Burlington Stores (NYSE:BURL) Receives “Outperform” Rating from Telsey Advisory Group

Telsey Advisory Group reiterated their outperform rating on shares of Burlington Stores (NYSE:BURL) in a research report sent to investors on Tuesday,Benzinga reports. The brokerage currently has a $365.00 target price on the stock.

BURL has been the topic of a number of other reports. Weiss Ratings upgraded shares of Burlington Stores from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 23rd. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Burlington Stores in a report on Thursday, January 8th. They set a “hold” rating and a $318.00 price target for the company. Barclays upped their price objective on shares of Burlington Stores from $331.00 to $335.00 and gave the company an “overweight” rating in a research note on Monday, March 2nd. UBS Group restated a “buy” rating on shares of Burlington Stores in a research report on Tuesday, March 3rd. Finally, Wells Fargo & Company lifted their target price on shares of Burlington Stores from $350.00 to $400.00 and gave the stock an “overweight” rating in a research note on Friday, March 6th. Sixteen equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $355.44.

Burlington Stores Stock Performance

Burlington Stores stock opened at $325.82 on Tuesday. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.65 and a current ratio of 1.23. The stock has a fifty day moving average of $306.19 and a two-hundred day moving average of $286.14. The company has a market capitalization of $20.43 billion, a price-to-earnings ratio of 34.22, a PEG ratio of 1.89 and a beta of 1.73. Burlington Stores has a fifty-two week low of $212.92 and a fifty-two week high of $332.20.

Burlington Stores (NYSE:BURL) last issued its quarterly earnings data on Thursday, March 5th. The company reported $4.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.70 by $0.29. The business had revenue of $3.65 billion for the quarter, compared to the consensus estimate of $2.77 billion. Burlington Stores had a return on equity of 41.37% and a net margin of 5.28%.The business’s revenue was up 11.3% on a year-over-year basis. During the same period in the prior year, the business earned $4.07 earnings per share. Burlington Stores has set its FY 2026 guidance at 10.950-11.450 EPS and its Q1 2026 guidance at 1.600-1.750 EPS. On average, analysts anticipate that Burlington Stores will post 7.93 EPS for the current fiscal year.

Insider Buying and Selling at Burlington Stores

In related news, COO Travis Marquette sold 3,759 shares of the firm’s stock in a transaction that occurred on Tuesday, March 24th. The shares were sold at an average price of $327.75, for a total value of $1,232,012.25. Following the sale, the chief operating officer directly owned 26,350 shares of the company’s stock, valued at approximately $8,636,212.50. This trade represents a 12.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.10% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Burlington Stores

Institutional investors and hedge funds have recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Burlington Stores by 14.4% in the 1st 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. Jones Financial Companies Lllp increased its holdings in shares of Burlington Stores by 1,604.7% during the 1st quarter. Jones Financial Companies Lllp now owns 1,449 shares of the company’s stock worth $345,000 after buying an additional 1,364 shares during the last quarter. Prudential Financial Inc. raised its position in shares of Burlington Stores by 11.3% in the 2nd quarter. Prudential Financial Inc. now owns 5,365 shares of the company’s stock worth $1,248,000 after buying an additional 543 shares during the period. Steward Partners Investment Advisory LLC boosted its holdings in Burlington Stores by 16.8% in the second quarter. Steward Partners Investment Advisory LLC now owns 376 shares of the company’s stock valued at $87,000 after acquiring an additional 54 shares during the last quarter. Finally, Advisors Asset Management Inc. boosted its holdings in Burlington Stores by 64.0% in the second quarter. Advisors Asset Management Inc. now owns 976 shares of the company’s stock valued at $227,000 after acquiring an additional 381 shares during the last quarter.

About Burlington Stores

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.