Burlington Stores (NYSE:BURL) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Burlington Stores (NYSE:BURL) from a hold rating to a buy rating in a research note issued to investors on Saturday morning.

BURL has been the subject of several other research reports. Jefferies Financial Group reiterated a “buy” rating and issued a $365.00 target price on shares of Burlington Stores in a report on Friday, May 29th. Telsey Advisory Group restated an “outperform” rating and set a $365.00 price target on shares of Burlington Stores in a report on Tuesday, March 31st. Barclays boosted their price target on shares of Burlington Stores from $365.00 to $411.00 and gave the stock an “overweight” rating in a report on Tuesday, May 26th. JPMorgan Chase & Co. reduced their price objective on shares of Burlington Stores from $374.00 to $351.00 and set an “overweight” rating for the company in a research report on Friday, May 29th. Finally, Wells Fargo & Company decreased their price objective on shares of Burlington Stores from $400.00 to $375.00 and set an “overweight” rating for the company in a research note on Friday, May 29th. Fourteen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Burlington Stores presently has a consensus rating of “Moderate Buy” and a consensus price target of $353.56.

Burlington Stores Stock Up 2.2%

Shares of NYSE:BURL opened at $357.54 on Friday. The business’s 50 day moving average is $328.04 and its 200 day moving average is $317.50. Burlington Stores has a 12-month low of $240.49 and a 12-month high of $361.21. The stock has a market cap of $22.50 billion, a price-to-earnings ratio of 36.75, a PEG ratio of 1.89 and a beta of 1.46. The company has a quick ratio of 0.49, a current ratio of 1.16 and a debt-to-equity ratio of 1.03.

Burlington Stores (NYSE:BURL) last released its quarterly earnings results on Thursday, May 28th. The company reported $2.01 EPS for the quarter, beating analysts’ consensus estimates of $1.80 by $0.21. Burlington Stores had a return on equity of 39.93% and a net margin of 5.24%.The business had revenue of $2.86 billion during the quarter, compared to analyst estimates of $2.80 billion. During the same period in the prior year, the firm posted $1.60 EPS. Burlington Stores’s quarterly revenue was up 14.1% compared to the same quarter last year. Burlington Stores has set its Q2 2026 guidance at 2.050-2.200 EPS and its FY 2026 guidance at 11.450-11.800 EPS. On average, sell-side analysts forecast that Burlington Stores will post 11.71 earnings per share for the current fiscal year.

Insider Transactions at Burlington Stores

In related news, CAO Stephen Ferroni sold 2,343 shares of the stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $337.22, for a total transaction of $790,106.46. Following the completion of the transaction, the chief accounting officer owned 1,391 shares in the company, valued at approximately $469,073.02. This represents a 62.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CMO Jennifer Vecchio sold 1,678 shares of the firm’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $315.42, for a total transaction of $529,274.76. Following the sale, the chief marketing officer owned 79,339 shares of the company’s stock, valued at $25,025,107.38. This trade represents a 2.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 28,714 shares of company stock worth $9,661,022 in the last ninety days. Company insiders own 1.30% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Stone House Investment Management LLC purchased a new stake in shares of Burlington Stores during the 4th quarter worth approximately $25,000. JPL Wealth Management LLC purchased a new position in Burlington Stores in the third quarter valued at approximately $28,000. Harbour Investments Inc. lifted its stake 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 purchasing an additional 34 shares during the last quarter. Reflection Asset Management bought a new position in Burlington Stores during the fourth quarter valued at $34,000. Finally, Larson Financial Group LLC grew its holdings in Burlington Stores by 180.0% during the fourth quarter. Larson Financial Group LLC now owns 126 shares of the company’s stock valued at $36,000 after purchasing an additional 81 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.