Telsey Advisory Group reissued their outperform rating on shares of Burlington Stores (NYSE:BURL – Free Report) in a report issued on Tuesday,Benzinga reports. Telsey Advisory Group currently has a $365.00 price target on the stock.
Other research analysts have also recently issued reports about the company. Weiss Ratings upgraded Burlington Stores from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, March 23rd. Guggenheim assumed coverage on Burlington Stores in a report on Tuesday, December 9th. They issued a “neutral” rating for the company. Evercore reiterated an “outperform” rating and issued a $375.00 target price on shares of Burlington Stores in a research report on Thursday, March 5th. Barclays lifted their price target on Burlington Stores from $331.00 to $335.00 and gave the company an “overweight” rating in a research note on Monday, March 2nd. Finally, Citigroup boosted their price target on Burlington Stores from $351.00 to $380.00 and gave the stock a “buy” rating in a report on Friday, March 6th. Sixteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $355.44.
Read Our Latest Stock Report on BURL
Burlington Stores Trading Down 0.6%
Burlington Stores (NYSE:BURL – Get Free Report) last issued its quarterly earnings data on Thursday, March 5th. The company reported $4.99 EPS for the quarter, beating the consensus estimate of $4.70 by $0.29. The business had revenue of $3.65 billion during the quarter, compared to the consensus estimate of $2.77 billion. Burlington Stores had a net margin of 5.28% and a return on equity of 41.37%. The firm’s revenue was up 11.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $4.07 EPS. Burlington Stores has set its FY 2026 guidance at 10.950-11.450 EPS and its Q1 2026 guidance at 1.600-1.750 EPS. Equities research analysts forecast that Burlington Stores will post 7.93 earnings per share for the current fiscal year.
Insiders Place Their Bets
In related news, COO Travis Marquette sold 3,759 shares of the stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of $327.75, for a total value of $1,232,012.25. Following the completion of the sale, the chief operating officer directly owned 26,350 shares in the company, valued at $8,636,212.50. This represents a 12.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.10% of the stock is owned by insiders.
Institutional Investors Weigh In On Burlington Stores
Institutional investors have recently made changes to their positions in the stock. Signaturefd LLC raised its position in shares of Burlington Stores by 4.4% during the fourth quarter. Signaturefd LLC now owns 787 shares of the company’s stock worth $227,000 after acquiring an additional 33 shares during the last quarter. Harbour Investments Inc. lifted its stake in shares of Burlington Stores by 44.7% in the fourth quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock worth $32,000 after acquiring an additional 34 shares during the period. Fifth Third Bancorp boosted its holdings in Burlington Stores by 6.4% in the fourth 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 last quarter. Vident Advisory LLC increased its position in 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 purchasing an additional 36 shares during the period. Finally, Archer Investment Corp increased its position in Burlington Stores by 6.1% during the 3rd quarter. Archer Investment Corp now owns 640 shares of the company’s stock valued at $163,000 after purchasing an additional 37 shares during the period.
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.
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