Burlington Stores (NYSE:BURL) Reaches New 1-Year Low – Here’s Why

Burlington Stores, Inc. (NYSE:BURL)’s stock price hit a new 52-week low during trading on Wednesday . The stock traded as low as $240.44 and last traded at $239.0910, with a volume of 1351451 shares trading hands. The stock had previously closed at $255.42.

Analyst Ratings Changes

Several brokerages have issued reports on BURL. JPMorgan Chase & Co. cut their target price on shares of Burlington Stores from $374.00 to $351.00 and set an “overweight” rating on the stock in a research note on Friday, May 29th. Wells Fargo & Company set a $370.00 price target on Burlington Stores in a report on Friday, August 28th. Citigroup dropped their price target on Burlington Stores from $380.00 to $318.00 and set a “neutral” rating on the stock in a research report on Friday, August 28th. UBS Group increased their price objective on Burlington Stores from $435.00 to $440.00 and gave the stock a “buy” rating in a research note on Monday, August 17th. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on Burlington Stores from $367.00 to $323.00 and set a “hold” rating for the company in a research report on Friday, August 28th. Fourteen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $370.75.

Burlington Stores Stock Performance

The firm has a market cap of $14.94 billion, a price-to-earnings ratio of 21.38, a price-to-earnings-growth ratio of 1.34 and a beta of 1.42. The firm’s 50 day moving average is $326.69 and its 200-day moving average is $321.66. 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) last announced its quarterly earnings results on Thursday, August 27th. The company reported $2.96 EPS 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 company had revenue of $3 billion for the quarter, compared to the consensus estimate of $3.03 billion. During the same quarter last year, the company posted $1.72 earnings per share. The company’s revenue for the quarter was up 11.0% compared to the same quarter last year. 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. Sell-side analysts anticipate that Burlington Stores, Inc. will post 12.9 earnings per share for the current fiscal year.

Insider Activity

In other news, CMO Jennifer Vecchio sold 1,678 shares of the business’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $369.04, for a total transaction of $619,249.12. Following the transaction, the chief marketing officer owned 77,661 shares in the company, valued at approximately $28,660,015.44. The trade was a 2.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 1.30% of the company’s stock.

Hedge Funds Weigh In On Burlington Stores

Hedge funds and other institutional investors have recently made changes to their positions in the business. California State Teachers Retirement System lifted its position in Burlington Stores by 33,799.1% during the 2nd quarter. California State Teachers Retirement System now owns 28,920,038 shares of the company’s stock valued at $9,161,868,000 after purchasing an additional 28,834,726 shares during the period. BlackRock Inc. acquired a new stake in shares of Burlington Stores during the 2nd quarter worth approximately $2,157,518,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Burlington Stores by 303,059.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,912,936 shares of the company’s stock worth $552,552,000 after buying an additional 1,912,305 shares during the period. Jupiter Topco LLC bought a new stake in shares of Burlington Stores during the second quarter worth approximately $283,228,000. Finally, Primecap Management Co. CA bought a new stake in shares of Burlington Stores during the second quarter worth approximately $266,416,000.

Burlington Stores Company Profile

Burlington Stores, Inc is an off-price retailer operating under the Burlington brand. The company sells a broad assortment of branded and private-label merchandise at discounted prices, including women’s, men’s and children’s apparel; footwear; accessories; home goods; and seasonal products.

Burlington’s merchandise assortment is designed to change frequently, with products sourced through manufacturers, wholesalers and other vendors. This flexible buying model allows the company to offer customers value-oriented selections across multiple categories while adapting its inventory to changing consumer preferences and market conditions.

The company traces its origins to 1972, when it began as a coat-focused retailer in Burlington, New Jersey, under the Burlington Coat Factory name.