Burlington Stores, Inc. (NYSE:BURL) Stock Has Average Target Price of $369.88 According to Brokerages

Shares of Burlington Stores, Inc. (NYSE:BURL – Get Free Report) have been assigned a consensus rating of “Moderate Buy” from the twenty research firms that are covering the company, MarketBeat reports. Five equities research analysts have rated the stock with a hold recommendation and fifteen have given a buy recommendation to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $369.88.

A number of brokerages have recently weighed in on BURL. Wells Fargo & Company set a $370.00 price target on Burlington Stores in a research note on Friday, August 28th. Wall Street Zen lowered shares of Burlington Stores from a “buy” rating to a “hold” rating in a research report on Sunday, August 2nd. UBS Group increased their price objective on shares of Burlington Stores from $435.00 to $440.00 and gave the company a “buy” rating in a research report on Monday, August 17th. Citigroup lowered 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. Finally, The Goldman Sachs Group dropped their target price on shares of Burlington Stores from $394.00 to $382.00 and set a “buy” rating on the stock in a research report on Monday, August 31st.

Check Out Our Latest Stock Analysis on BURL

Insider Activity at Burlington Stores

In related news, CMO Jennifer Vecchio sold 1,678 shares of the business’s stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $271.53, for a total transaction of $455,627.34. Following the completion of the transaction, the chief marketing officer directly owned 74,305 shares in the company, valued at $20,176,036.65. The trade was a 2.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.30% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. CoreCap Advisors LLC raised its position in Burlington Stores by 923.1% during the third quarter. CoreCap Advisors LLC now owns 133 shares of the company’s stock worth $36,000 after acquiring an additional 120 shares during the period. Root Financial Partners LLC acquired a new stake in shares of Burlington Stores in the third quarter valued at about $36,000. Elevation Wealth Partners LLC grew its position in shares of Burlington Stores by 272.2% in the third quarter. Elevation Wealth Partners LLC now owns 134 shares of the company’s stock valued at $36,000 after purchasing an additional 98 shares during the period. SJS Investment Consulting Inc. grew its position in shares of Burlington Stores by 925.0% in the first quarter. SJS Investment Consulting Inc. now owns 205 shares of the company’s stock valued at $67,000 after purchasing an additional 185 shares during the period. Finally, CX Institutional increased its stake in shares of Burlington Stores by 182.7% during the third quarter. CX Institutional now owns 212 shares of the company’s stock worth $57,000 after purchasing an additional 137 shares in the last quarter.

Burlington Stores Stock Performance

Shares of NYSE:BURL opened at $240.87 on Friday. The firm has a market cap of $15.13 billion, a PE ratio of 21.62, a price-to-earnings-growth ratio of 1.50 and a beta of 1.43. The firm’s 50 day simple moving average is $269.59 and its 200-day simple moving average is $308.84. Burlington Stores has a one year low of $226.85 and a one year high of $378.33. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.47 and a current ratio of 1.17.

Burlington Stores (NYSE:BURL – Get Free Report) last released 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 firm had revenue of $3 billion during the quarter, compared to the consensus estimate of $3.03 billion. During the same period in the previous year, the company posted $1.72 earnings per share. The firm’s quarterly 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, equities analysts predict that Burlington Stores will post 11.93 EPS for the current year.

Burlington Stores Company Profile

(Get Free Report)

Burlington Stores, Inc (NYSE:BURL) is an off-price retailer offering branded and private-label merchandise at discounted prices. The company sells a broad range of products, including women’s, men’s and children’s apparel; footwear; accessories; home goods; and baby products.

Burlington operates through a nationwide network of stores in the United States. Its off-price model emphasizes opportunistic purchasing, allowing the company to offer changing assortments of merchandise at prices generally below those of department stores and specialty retailers.

The company traces its history to 1972, when it opened its first store in Burlington, New Jersey, as Burlington Coat Factory.

See Also

Analyst Recommendations for Burlington Stores (NYSE:BURL)

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.