Burlington Stores (NYSE:BURL) Reaches New 52-Week High – Should You Buy?

Burlington Stores, Inc. (NYSE:BURL)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as $332.20 and last traded at $307.8440, with a volume of 27984 shares changing hands. The stock had previously closed at $302.37.

Analyst Upgrades and Downgrades

BURL has been the topic of a number of recent analyst reports. Wells Fargo & Company cut their price target on shares of Burlington Stores from $330.00 to $315.00 and set an “overweight” rating on the stock in a research note on Monday, October 27th. Sanford C. Bernstein set a $350.00 target price on Burlington Stores and gave the company an “outperform” rating in a research report on Tuesday, January 6th. Deutsche Bank Aktiengesellschaft initiated coverage on Burlington Stores in a research note on Thursday, January 8th. They issued a “hold” rating and a $318.00 target price for the company. The Goldman Sachs Group set a $331.00 price target on Burlington Stores in a research note on Wednesday, November 26th. Finally, Morgan Stanley reduced their price objective on Burlington Stores from $330.00 to $310.00 and set an “overweight” rating for the company in a research note on Wednesday, November 26th. Fifteen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $335.94.

Burlington Stores Stock Performance

The firm has a fifty day moving average of $293.73 and a 200 day moving average of $280.10. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.21 and a quick ratio of 0.46. The stock has a market capitalization of $19.23 billion, a price-to-earnings ratio of 35.13, a price-to-earnings-growth ratio of 1.64 and a beta of 1.74.

Burlington Stores (NYSE:BURL) last released its quarterly earnings data on Tuesday, November 25th. The company reported $1.68 EPS for the quarter, topping the consensus estimate of $1.59 by $0.09. Burlington Stores had a return on equity of 41.02% and a net margin of 5.01%.The business had revenue of $2.71 billion for the quarter, compared to analyst estimates of $2.74 billion. During the same quarter in the prior year, the firm posted $1.55 EPS. The business’s quarterly revenue was up 7.1% compared to the same quarter last year. Burlington Stores has set its Q4 2025 guidance at 4.500-4.70 EPS and its FY 2025 guidance at 9.690-9.890 EPS. On average, sell-side analysts anticipate that Burlington Stores, Inc. will post 7.93 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Burlington Stores

A number of large investors have recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Burlington Stores by 14.4% in the first 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 period. Jones Financial Companies Lllp grew its stake in Burlington Stores by 1,604.7% in the 1st quarter. Jones Financial Companies Lllp now owns 1,449 shares of the company’s stock valued at $345,000 after acquiring an additional 1,364 shares during the period. Nordea Investment Management AB increased its holdings in Burlington Stores by 8.2% in the 2nd quarter. Nordea Investment Management AB now owns 5,158 shares of the company’s stock worth $1,185,000 after acquiring an additional 390 shares in the last quarter. Securian Asset Management Inc. raised its position in Burlington Stores by 2.1% during the second quarter. Securian Asset Management Inc. now owns 4,861 shares of the company’s stock worth $1,131,000 after acquiring an additional 100 shares during the period. Finally, Tributary Capital Management LLC lifted its holdings in Burlington Stores by 3.9% during the second quarter. Tributary Capital Management LLC now owns 7,931 shares of the company’s stock valued at $1,845,000 after purchasing an additional 300 shares in 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.