Brokerages Set Burlington Stores, Inc. (NYSE:BURL) Price Target at $344.29

Shares of Burlington Stores, Inc. (NYSE:BURL) have been assigned an average rating of “Buy” from the fourteen analysts that are currently covering the stock, MarketBeat Ratings reports. Fourteen investment analysts have rated the stock with a buy rating. The average twelve-month price target among brokerages that have covered the stock in the last year is $344.2857.

Several research analysts have recently weighed in on BURL shares. Jefferies Financial Group boosted their price objective on shares of Burlington Stores from $300.00 to $350.00 and gave the company a “buy” rating in a report on Friday, August 29th. Robert W. Baird reduced their target price on shares of Burlington Stores from $335.00 to $325.00 and set an “outperform” rating for the company in a report on Friday, May 30th. Bank of America upped their target price on shares of Burlington Stores from $350.00 to $363.00 and gave the company a “buy” rating in a report on Friday, August 29th. JPMorgan Chase & Co. upped their target price on shares of Burlington Stores from $280.00 to $338.00 and gave the company an “overweight” rating in a report on Monday, July 28th. Finally, Morgan Stanley upped their target price on shares of Burlington Stores from $309.00 to $328.00 and gave the company an “overweight” rating in a report on Friday, August 29th.

Burlington Stores Stock Down 1.7%

BURL opened at $262.60 on Friday. The company has a quick ratio of 0.55, a current ratio of 1.23 and a debt-to-equity ratio of 1.40. The firm has a 50 day moving average price of $277.81 and a 200-day moving average price of $252.57. Burlington Stores has a twelve month low of $212.92 and a twelve month high of $309.00. The stock has a market capitalization of $16.55 billion, a price-to-earnings ratio of 31.00, a PEG ratio of 2.00 and a beta of 1.72.

Burlington Stores (NYSE:BURL) last released its quarterly earnings data on Thursday, August 28th. The company reported $1.59 earnings per share for the quarter, beating the consensus estimate of $1.27 by $0.32. Burlington Stores had a net margin of 4.96% and a return on equity of 42.74%. The firm had revenue of $2.70 billion during the quarter, compared to analysts’ expectations of $2.64 billion. During the same period in the previous year, the company earned $1.24 earnings per share. The firm’s quarterly revenue was up 9.7% on a year-over-year basis. Burlington Stores has set its Q3 2025 guidance at 1.5-1.600 EPS. FY 2025 guidance at 9.190-9.590 EPS. Equities research analysts forecast that Burlington Stores will post 7.93 earnings per share for the current year.

Insider Buying and Selling

In other Burlington Stores news, CMO Jennifer Vecchio sold 420 shares of the company’s stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $236.64, for a total transaction of $99,388.80. Following the completion of the sale, the chief marketing officer directly owned 65,429 shares of the company’s stock, valued at approximately $15,483,118.56. This represents a 0.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Stephen Ferroni sold 1,123 shares of the stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $281.25, for a total transaction of $315,843.75. Following the completion of the sale, the chief accounting officer directly owned 2,389 shares of the company’s stock, valued at approximately $671,906.25. This trade represents a 31.98% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.10% of the stock is currently owned by corporate insiders.

Institutional Trading of Burlington Stores

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. increased its stake in shares of Burlington Stores by 3.4% in the first quarter. Vanguard Group Inc. now owns 6,603,257 shares of the company’s stock worth $1,573,754,000 after purchasing an additional 219,124 shares in the last quarter. SRS Investment Management LLC increased its stake in shares of Burlington Stores by 15.9% in the second quarter. SRS Investment Management LLC now owns 1,472,137 shares of the company’s stock worth $342,478,000 after purchasing an additional 201,716 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Burlington Stores by 2.3% in the second quarter. Geode Capital Management LLC now owns 1,176,469 shares of the company’s stock worth $272,894,000 after purchasing an additional 26,866 shares in the last quarter. Massachusetts Financial Services Co. MA increased its stake in shares of Burlington Stores by 0.6% in the first quarter. Massachusetts Financial Services Co. MA now owns 961,560 shares of the company’s stock worth $229,169,000 after purchasing an additional 5,912 shares in the last quarter. Finally, American Century Companies Inc. increased its stake in shares of Burlington Stores by 4.2% in the second quarter. American Century Companies Inc. now owns 767,436 shares of the company’s stock worth $178,536,000 after purchasing an additional 30,750 shares in the last quarter.

Burlington Stores Company Profile

Burlington Stores, Inc operates as a retailer of branded merchandise in the United States. The company provides fashion-focused merchandise, including women's ready-to-wear apparel, menswear, youth apparel, footwear, accessories, toys, gifts, and coats, as well as baby, home, and beauty products.