Burlington Stores (NYSE:BURL) Sets New 1-Year High – Here’s What Happened

Shares of Burlington Stores, Inc. (NYSE:BURL) hit a new 52-week high on Tuesday . The company traded as high as $338.75 and last traded at $337.6850, with a volume of 569901 shares trading hands. The stock had previously closed at $328.73.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on BURL. Sanford C. Bernstein set a $350.00 price objective on Burlington Stores and gave the company an “outperform” rating in a report on Tuesday, January 6th. Citigroup upped their target price on Burlington Stores from $351.00 to $380.00 and gave the stock a “buy” rating in a research note on Friday, March 6th. Evercore restated an “outperform” rating and issued a $375.00 target price on shares of Burlington Stores in a research note on Thursday, March 5th. Wells Fargo & Company upped their target price on Burlington Stores from $350.00 to $400.00 and gave the stock an “overweight” rating in a research note on Friday, March 6th. Finally, Barclays upped their target price on Burlington Stores from $331.00 to $335.00 and gave the stock an “overweight” rating in a research note on Monday, March 2nd. 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.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $355.44.

Burlington Stores Stock Up 2.7%

The company has a quick ratio of 0.65, a current ratio of 1.23 and a debt-to-equity ratio of 1.11. The stock has a market cap of $21.17 billion, a PE ratio of 35.47, a P/E/G ratio of 1.99 and a beta of 1.62. The business has a 50 day moving average price of $308.66 and a 200 day moving average price of $287.99.

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

Insider Transactions at Burlington Stores

In other Burlington Stores news, COO Travis Marquette sold 3,759 shares of the stock in a transaction that occurred on Tuesday, March 24th. The stock was sold at an average price of $327.75, for a total transaction of $1,232,012.25. Following the transaction, the chief operating officer owned 26,350 shares in the company, valued at approximately $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 can be accessed through this hyperlink. Corporate insiders own 1.10% of the company’s stock.

Hedge Funds Weigh In On Burlington Stores

Hedge funds have recently bought and sold shares of the business. Massachusetts Financial Services Co. MA boosted its position in Burlington Stores by 6.7% during the third quarter. Massachusetts Financial Services Co. MA now owns 945,554 shares of the company’s stock worth $240,643,000 after purchasing an additional 59,587 shares in the last quarter. Oak Thistle LLC purchased a new position in Burlington Stores during the third quarter worth approximately $1,932,000. Hudson Bay Capital Management LP acquired a new position in shares of Burlington Stores during the third quarter valued at approximately $4,142,000. Vanguard Group Inc. raised its holdings in shares of Burlington Stores by 3.5% during the third quarter. Vanguard Group Inc. now owns 6,782,201 shares of the company’s stock valued at $1,726,070,000 after acquiring an additional 232,358 shares during the last quarter. Finally, Campbell & CO Investment Adviser LLC acquired a new position in shares of Burlington Stores during the third quarter valued at approximately $1,033,000.

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.