Burlington Stores (NYSE:BURL) Upgraded by Wall Street Zen to Buy Rating

Burlington Stores (NYSE:BURL) was upgraded by research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report issued on Saturday.

Other analysts have also recently issued reports about the stock. Robert W. Baird upped their target price on shares of Burlington Stores from $345.00 to $375.00 and gave the company an “outperform” rating in a report on Friday, March 6th. 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 target price for the company. Evercore reissued an “outperform” rating and issued a $375.00 price objective on shares of Burlington Stores in a research note on Thursday, March 5th. Weiss Ratings raised shares of Burlington Stores from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, March 23rd. Finally, JPMorgan Chase & Co. increased their price objective on shares of Burlington Stores from $356.00 to $365.00 and gave the stock an “overweight” rating in a research note on Friday, March 6th. Sixteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Burlington Stores has a consensus rating of “Moderate Buy” and a consensus price target of $355.44.

Burlington Stores Stock Down 1.3%

Shares of BURL stock opened at $333.96 on Friday. Burlington Stores has a 12 month low of $212.92 and a 12 month high of $342.84. The stock has a market cap of $20.98 billion, a P/E ratio of 35.08, a P/E/G ratio of 2.05 and a beta of 1.62. The company has a current ratio of 1.23, a quick ratio of 0.65 and a debt-to-equity ratio of 1.11. The company has a 50 day simple moving average of $312.03 and a two-hundred day simple moving average of $289.64.

Burlington Stores (NYSE:BURL) last announced its earnings results on Thursday, March 5th. The company reported $4.99 EPS for the quarter, beating analysts’ consensus estimates of $4.70 by $0.29. Burlington Stores had a net margin of 5.28% and a return on equity of 41.37%. The business had revenue of $3.65 billion during the quarter, compared to analysts’ expectations of $2.77 billion. During the same period in the prior year, the company earned $4.07 earnings per share. The firm’s revenue was up 11.3% on a year-over-year basis. 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, research analysts expect that Burlington Stores will post 7.93 earnings per share for the current year.

Insider Activity

In other news, COO Travis Marquette sold 3,759 shares of the stock in a transaction 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 completion of the sale, the chief operating officer directly owned 26,350 shares of the company’s stock, valued at $8,636,212.50. This represents a 12.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.10% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Burlington Stores

Institutional investors have recently bought and sold shares of the stock. First Horizon Corp purchased a new position in Burlington Stores during the third quarter valued at $25,000. Stone House Investment Management LLC purchased a new position in Burlington Stores during the fourth quarter valued at $25,000. JPL Wealth Management LLC purchased a new position in Burlington Stores during the third quarter valued at $28,000. Root Financial Partners LLC purchased a new position in Burlington Stores during the third quarter valued at $30,000. Finally, Harbour Investments Inc. grew its stake 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 acquiring an additional 34 shares in 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.