Burlington Stores, Inc. (NYSE:BURL) Receives $353.56 Average Price Target from Brokerages

Burlington Stores, Inc. (NYSE:BURL) has earned a consensus recommendation of “Moderate Buy” from the twenty ratings firms that are presently covering the stock, MarketBeat reports. Five research analysts have rated the stock with a hold recommendation and fifteen have given a buy recommendation to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $353.5625.

A number of equities analysts have commented on the stock. Wall Street Zen cut shares of Burlington Stores from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th. Barclays raised their price objective on shares of Burlington Stores from $365.00 to $411.00 and gave the company an “overweight” rating in a research report on Tuesday, May 26th. JPMorgan Chase & Co. dropped their price objective on shares of Burlington Stores from $374.00 to $351.00 and set an “overweight” rating for the company in a report on Friday, May 29th. UBS Group reiterated a “buy” rating and issued a $435.00 target price on shares of Burlington Stores in a research report on Friday, May 29th. Finally, Weiss Ratings raised Burlington Stores from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, July 7th.

Insider Activity

In related news, CAO Stephen Ferroni sold 2,343 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $337.22, for a total value of $790,106.46. Following the completion of the sale, the chief accounting officer owned 1,391 shares in the company, valued at $469,073.02. The trade was a 62.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Matthew Pasch sold 3,773 shares of the company’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $317.21, for a total value of $1,196,833.33. Following the completion of the sale, the insider directly owned 6,523 shares of the company’s stock, valued at approximately $2,069,160.83. This represents a 36.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 28,714 shares of company stock worth $9,661,022. 1.30% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. T. Rowe Price Investment Management Inc. grew its holdings in shares of Burlington Stores by 15.8% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,828,877 shares of the company’s stock valued at $817,122,000 after purchasing an additional 386,615 shares during the last quarter. State Street Corp raised its position in Burlington Stores by 1.2% in the 3rd quarter. State Street Corp now owns 2,184,171 shares of the company’s stock worth $555,872,000 after purchasing an additional 26,529 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in Burlington Stores by 303,059.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,912,936 shares of the company’s stock worth $552,552,000 after purchasing an additional 1,912,305 shares during the last quarter. Alyeska Investment Group L.P. lifted its stake in Burlington Stores by 103.5% in the fourth quarter. Alyeska Investment Group L.P. now owns 1,285,336 shares of the company’s stock worth $371,269,000 after purchasing an additional 653,718 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in Burlington Stores by 2.2% during the fourth quarter. Geode Capital Management LLC now owns 1,233,176 shares of the company’s stock valued at $355,261,000 after buying an additional 27,074 shares during the period.

Burlington Stores Price Performance

Burlington Stores stock opened at $344.91 on Thursday. Burlington Stores has a 52 week low of $240.49 and a 52 week high of $361.21. The business has a 50-day simple moving average of $320.75 and a 200 day simple moving average of $314.98. The company has a quick ratio of 0.49, a current ratio of 1.16 and a debt-to-equity ratio of 1.03. The stock has a market cap of $21.71 billion, a price-to-earnings ratio of 35.45, a PEG ratio of 1.86 and a beta of 1.46.

Burlington Stores (NYSE:BURL) last issued its quarterly earnings results on Thursday, May 28th. The company reported $2.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.80 by $0.21. Burlington Stores had a return on equity of 39.93% and a net margin of 5.24%.The firm had revenue of $2.86 billion during the quarter, compared to the consensus estimate of $2.80 billion. During the same quarter last year, the company posted $1.60 EPS. The company’s revenue for the quarter was up 14.1% on a year-over-year basis. Burlington Stores has set its Q2 2026 guidance at 2.050-2.200 EPS and its FY 2026 guidance at 11.450-11.800 EPS. On average, research analysts forecast that Burlington Stores will post 11.71 earnings per share for the current fiscal year.

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.