Shares of Burlington Stores, Inc. (NYSE:BURL – Get Free Report) have been given an average recommendation of “Moderate Buy” by the twenty brokerages that are presently covering the firm, MarketBeat.com reports. Six equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $370.75.
Several research analysts recently issued reports on the stock. Wall Street Zen downgraded shares of Burlington Stores from a “buy” rating to a “hold” rating in a research report on Sunday, August 2nd. Citigroup dropped their target price on shares of Burlington Stores from $380.00 to $318.00 and set a “neutral” rating for the company in a research note on Friday, August 28th. Sanford C. Bernstein reduced their target price on shares of Burlington Stores from $365.00 to $355.00 and set an “outperform” rating on the stock in a research report on Friday, August 28th. Jefferies Financial Group increased their price target on shares of Burlington Stores from $365.00 to $410.00 and gave the company a “buy” rating in a research note on Friday, August 14th. Finally, Weiss Ratings lowered shares of Burlington Stores from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, September 9th.
Get Our Latest Stock Report on Burlington Stores
Burlington Stores Stock Up 3.0%
Burlington Stores (NYSE:BURL – Get Free Report) last posted its quarterly earnings data on Thursday, August 27th. The company reported $2.96 EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $3.03 billion. During the same quarter in the previous year, the firm earned $1.72 earnings per share. The business’s revenue was up 11.0% on a year-over-year basis. 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. As a group, sell-side analysts forecast that Burlington Stores will post 11.93 earnings per share for the current fiscal year.
Insider Transactions at Burlington Stores
In other Burlington Stores news, CMO Jennifer Vecchio sold 1,678 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $369.04, for a total value of $619,249.12. Following the transaction, the chief marketing officer directly owned 77,661 shares in the company, valued at approximately $28,660,015.44. This trade represents a 2.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.30% of the company’s stock.
Institutional Investors Weigh In On Burlington Stores
Institutional investors and hedge funds have recently made changes to their positions in the company. Harbour Investments Inc. boosted its holdings in Burlington Stores by 44.7% in the fourth quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock valued at $32,000 after acquiring an additional 34 shares during the last quarter. Reflection Asset Management bought a new stake in Burlington Stores during the 4th quarter worth about $34,000. SJS Investment Consulting Inc. raised its holdings in Burlington Stores by 925.0% during the 1st 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 last quarter. Clearstead Advisors LLC lifted its position in Burlington Stores by 128.3% during the 4th 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 period. Finally, State of Wyoming acquired a new position in Burlington Stores during the 2nd quarter valued at about $71,000.
About Burlington Stores
Burlington Stores, Inc is an off-price retailer operating under the Burlington brand. The company offers a broad assortment of branded and private-label merchandise at prices generally below those of department stores and specialty retailers.
Its product categories include women’s, men’s and children’s clothing; footwear; accessories; beauty products; home goods; and baby merchandise. Burlington’s stores typically feature a continuously changing selection sourced through opportunistic purchasing, allowing the company to offer seasonal and fashion-oriented products across multiple departments.
The company was founded in 1972 as Burlington Coat Factory Warehouse Corporation and initially focused on selling coats and outerwear.
See Also
- Five stocks we like better than Burlington Stores
- Everyone in AI Is Quietly Copying Palantir’s Playbook
- Advanced Micro Devices Is Spending $8.2 Billion to Learn What AI Needs Next
- JPMorgan Bets on Genius Sports as the Market Loses Patience
- Appleās $5.7 Billion Patent Verdict Raises a Bigger Royalty Question
Receive News & Ratings for Burlington Stores Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Burlington Stores and related companies with MarketBeat.com's FREE daily email newsletter.
