Burlington Stores (NYSE:BURL) Price Target Raised to $356.00 at JPMorgan Chase & Co.

Burlington Stores (NYSE:BURL) had its target price lifted by analysts at JPMorgan Chase & Co. from $316.00 to $356.00 in a report released on Monday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of 16.10% from the company’s previous close.

Several other equities analysts have also recently weighed in on the company. 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. Barclays reduced their price target on shares of Burlington Stores from $336.00 to $331.00 and set an “overweight” rating for the company in a report on Wednesday, November 26th. 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 price objective on the stock. 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 report on Wednesday, November 26th. Finally, UBS Group reissued a “buy” rating on shares of Burlington Stores in a research report on Monday, November 17th. Fifteen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, Burlington Stores has an average rating of “Moderate Buy” and a consensus price target of $338.44.

Burlington Stores Trading Down 2.7%

Shares of NYSE BURL traded down $8.65 during midday trading on Monday, reaching $306.63. 169,677 shares of the stock were exchanged, compared to its average volume of 790,159. Burlington Stores has a 12 month low of $212.92 and a 12 month high of $332.20. The company has a market capitalization of $19.30 billion, a price-to-earnings ratio of 35.24, a P/E/G ratio of 1.71 and a beta of 1.74. 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 business has a 50-day simple moving average of $297.31 and a two-hundred day simple moving average of $281.05.

Burlington Stores (NYSE:BURL) last posted its earnings results on Tuesday, November 25th. The company reported $1.68 earnings per share 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 firm had revenue of $2.71 billion for the quarter, compared to analyst estimates of $2.74 billion. During the same period in the previous year, the company posted $1.55 earnings per share. The company’s revenue for the quarter was up 7.1% on a year-over-year basis. 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. As a group, equities research analysts expect that Burlington Stores will post 7.93 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Signaturefd LLC boosted its stake in shares of Burlington Stores by 4.4% in the fourth quarter. Signaturefd LLC now owns 787 shares of the company’s stock valued at $227,000 after buying an additional 33 shares during the period. Harbour Investments Inc. raised its holdings in Burlington Stores by 44.7% in the 4th 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. Fifth Third Bancorp lifted its position in shares of Burlington Stores by 6.4% during the 4th quarter. Fifth Third Bancorp now owns 585 shares of the company’s stock valued at $169,000 after acquiring an additional 35 shares during the period. Vident Advisory LLC lifted its position in shares of Burlington Stores by 1.1% during the 2nd quarter. Vident Advisory LLC now owns 3,330 shares of the company’s stock valued at $775,000 after acquiring an additional 36 shares during the period. Finally, Archer Investment Corp grew its holdings in shares of Burlington Stores by 6.1% during the 3rd quarter. Archer Investment Corp now owns 640 shares of the company’s stock worth $163,000 after purchasing an additional 37 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.