Burlington Stores (NYSE:BURL) Stock Jumps 4.5% – What’s Next?

Shares of Burlington Stores, Inc. (NYSE:BURL – Get Free Report) shot up 4.5% on Monday. The stock traded as high as $266.67 and last traded at $266.18. 203,458 shares traded hands during mid-day trading, a decline of 78% from the average daily volume of 929,292 shares. The stock had previously closed at $254.69.

Analyst Ratings Changes

Several brokerages have weighed in on BURL. Morgan Stanley dropped their price objective on Burlington Stores from $438.00 to $432.00 and set an “overweight” rating for the company in a report on Friday, August 28th. Deutsche Bank Aktiengesellschaft decreased their target price on Burlington Stores from $367.00 to $323.00 and set a “hold” rating for the company in a research report on Friday, August 28th. Weiss Ratings downgraded shares of Burlington Stores from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, September 9th. Wall Street Zen downgraded Burlington Stores from a “buy” rating to a “hold” rating in a research note on Sunday, August 2nd. Finally, Jefferies Financial Group lifted their price objective on Burlington Stores from $365.00 to $410.00 and gave the company a “buy” rating in a report on Friday, August 14th. Fourteen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $370.75.

Get Our Latest Analysis on Burlington Stores

Burlington Stores Price Performance

The company has a quick ratio of 0.47, a current ratio of 1.17 and a debt-to-equity ratio of 0.95. The company’s fifty day moving average is $308.03 and its 200 day moving average is $316.79. The firm has a market cap of $16.66 billion, a price-to-earnings ratio of 23.79, a PEG ratio of 1.54 and a beta of 1.42.

Burlington Stores (NYSE:BURL – Get Free Report) last announced its quarterly earnings data on Thursday, August 27th. The company reported $2.96 earnings per share for the quarter, beating the consensus estimate of $2.19 by $0.77. Burlington Stores had a return on equity of 41.72% and a net margin of 5.85%.The company had revenue of $3 billion during the quarter, compared to analysts’ expectations of $3.03 billion. During the same quarter last year, the company earned $1.72 EPS. Burlington Stores’s revenue for the quarter was up 11.0% compared to the same quarter last year. Burlington Stores has set its Q3 2026 guidance at 1.600-1.700 EPS and its FY 2026 guidance at 11.770-11.970 EPS. On average, equities research analysts predict that Burlington Stores, Inc. will post 11.93 EPS for the current year.

Insider Activity

In other news, CMO Jennifer Vecchio sold 1,678 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $369.04, for a total transaction of $619,249.12. Following the sale, the chief marketing officer owned 77,661 shares in the company, valued at $28,660,015.44. This represents a 2.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. 1.30% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Burlington Stores

Hedge funds and other institutional investors have recently made changes to their positions in the company. Harbour Investments Inc. increased its stake in shares of Burlington Stores by 44.7% during the 4th quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock worth $32,000 after purchasing an additional 34 shares during the last quarter. Reflection Asset Management acquired a new stake in Burlington Stores during the 4th quarter valued at $34,000. SJS Investment Consulting Inc. boosted its position in Burlington Stores by 925.0% during the first quarter. SJS Investment Consulting Inc. now owns 205 shares of the company’s stock worth $67,000 after purchasing an additional 185 shares during the period. State of Wyoming bought a new position in Burlington Stores during the second quarter worth $71,000. Finally, Clearstead Advisors LLC increased its holdings in shares of Burlington Stores by 128.3% in the fourth quarter. Clearstead Advisors LLC now owns 242 shares of the company’s stock valued at $70,000 after purchasing an additional 136 shares during the last quarter.

Burlington Stores Company Profile

(Get Free Report)

Burlington Stores, Inc is an off-price retailer operating under the Burlington brand. The company sells a broad assortment of branded and private-label merchandise at discounted prices, including women’s, men’s and children’s apparel; footwear; accessories; home goods; and seasonal products.

Burlington’s merchandise assortment is designed to change frequently, with products sourced through manufacturers, wholesalers and other vendors. This flexible buying model allows the company to offer customers value-oriented selections across multiple categories while adapting its inventory to changing consumer preferences and market conditions.

The company traces its origins to 1972, when it began as a coat-focused retailer in Burlington, New Jersey, under the Burlington Coat Factory name.

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