Analysts Set Burlington Stores, Inc. (NYSE:BURL) Price Target at $353.56

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

Several brokerages recently commented on BURL. UBS Group reaffirmed a “buy” rating and issued a $435.00 target price on shares of Burlington Stores in a research note on Friday, May 29th. Weiss Ratings raised shares of Burlington Stores from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, July 7th. Barclays boosted 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. lowered their price objective on shares of Burlington Stores from $374.00 to $351.00 and set an “overweight” rating for the company in a research note on Friday, May 29th. Finally, Bank of America increased their target price on shares of Burlington Stores from $367.00 to $375.00 and gave the stock a “buy” rating in a report on Friday, May 29th.

Insiders Place Their Bets

In other Burlington Stores news, CMO Jennifer Vecchio sold 1,678 shares of the stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $315.42, for a total value of $529,274.76. Following the completion of the sale, the chief marketing officer owned 79,339 shares in the company, valued at approximately $25,025,107.38. This trade represents a 2.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Stephen Ferroni sold 2,343 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $337.22, for a total value of $790,106.46. Following the transaction, the chief accounting officer directly owned 1,391 shares in the company, valued at $469,073.02. This trade represents a 62.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 28,714 shares of company stock worth $9,661,022. 1.30% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Burlington Stores by 14.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 302 shares of the company’s stock valued at $72,000 after acquiring an additional 38 shares during the period. Jones Financial Companies Lllp grew its holdings in Burlington Stores by 1,604.7% in the first quarter. Jones Financial Companies Lllp now owns 1,449 shares of the company’s stock worth $345,000 after purchasing an additional 1,364 shares during the period. EverSource Wealth Advisors LLC increased its stake in shares of Burlington Stores by 91.8% during the second quarter. EverSource Wealth Advisors LLC now owns 698 shares of the company’s stock valued at $162,000 after purchasing an additional 334 shares in the last quarter. Daiwa Securities Group Inc. increased its stake in shares of Burlington Stores by 12.4% during the second quarter. Daiwa Securities Group Inc. now owns 7,459 shares of the company’s stock valued at $1,735,000 after purchasing an additional 821 shares in the last quarter. Finally, AXA S.A. increased its stake in shares of Burlington Stores by 1,033.2% during the second quarter. AXA S.A. now owns 10,754 shares of the company’s stock valued at $2,502,000 after purchasing an additional 9,805 shares in the last quarter.

Burlington Stores Price Performance

BURL opened at $354.14 on Thursday. The stock’s 50 day simple moving average is $324.64 and its 200 day simple moving average is $316.56. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.16 and a quick ratio of 0.49. Burlington Stores has a 1 year low of $240.49 and a 1 year high of $361.21. The firm has a market cap of $22.29 billion, a price-to-earnings ratio of 36.40, a PEG ratio of 1.91 and a beta of 1.46.

Burlington Stores (NYSE:BURL) last announced its quarterly earnings results on Thursday, May 28th. The company reported $2.01 EPS for the quarter, topping analysts’ consensus estimates of $1.80 by $0.21. The business had revenue of $2.86 billion for the quarter, compared to analysts’ expectations of $2.80 billion. Burlington Stores had a return on equity of 39.93% and a net margin of 5.24%.The business’s quarterly revenue was up 14.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.60 EPS. 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. As a group, analysts predict that Burlington Stores will post 11.71 earnings per share for the current year.

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.