Burlington Stores, Inc. (NYSE:BURL – Get Free Report) has been assigned a consensus rating of “Moderate Buy” from the twenty analysts that are presently covering the firm, Marketbeat reports. Five research analysts have rated the stock with a hold recommendation and fifteen have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $353.5625.
BURL has been the subject of several research analyst reports. Telsey Advisory Group reiterated an “outperform” rating and issued a $365.00 price target on shares of Burlington Stores in a report on Tuesday, March 31st. Weiss Ratings upgraded shares of Burlington Stores from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 23rd. Barclays upped their price target on shares of Burlington Stores from $365.00 to $411.00 and gave the company an “overweight” rating in a report on Tuesday, May 26th. Evercore reiterated an “outperform” rating and issued a $375.00 price target on shares of Burlington Stores in a report on Thursday, March 5th. Finally, Truist Financial upped their price target on shares of Burlington Stores from $305.00 to $310.00 and gave the company a “hold” rating in a report on Thursday, May 28th.
Burlington Stores Stock Performance
Burlington Stores (NYSE:BURL – Get Free Report) last released its quarterly earnings results on Thursday, May 28th. The company reported $2.01 earnings per share for the quarter, beating the consensus estimate of $1.80 by $0.21. The company had revenue of $2.86 billion during the quarter, compared to analysts’ expectations of $2.80 billion. Burlington Stores had a net margin of 5.24% and a return on equity of 39.93%. The business’s quarterly revenue was up 14.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.60 earnings per share. 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, analysts forecast that Burlington Stores will post 11.7 EPS for the current fiscal year.
Insider Buying and Selling at Burlington Stores
In other news, COO Travis Marquette sold 3,759 shares of the company’s stock in a transaction that occurred on Tuesday, March 24th. The shares were sold at an average price of $327.75, for a total value of $1,232,012.25. Following the completion of the transaction, the chief operating officer 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 filing with the Securities & Exchange Commission, which is available through the SEC website. 1.30% of the stock is owned by company insiders.
Institutional Trading of Burlington Stores
A number of institutional investors have recently made changes to their positions in the business. Caerus Investment Advisors LLC bought a new stake in shares of Burlington Stores in the first quarter worth $338,000. Essential Partners LLC lifted its position in shares of Burlington Stores by 142.3% in the first quarter. Essential Partners LLC now owns 751 shares of the company’s stock worth $244,000 after purchasing an additional 441 shares in the last quarter. Edgestream Partners L.P. bought a new stake in shares of Burlington Stores in the first quarter worth $623,000. Janus Henderson Group PLC lifted its position in shares of Burlington Stores by 1.0% in the first quarter. Janus Henderson Group PLC now owns 880,017 shares of the company’s stock worth $286,341,000 after purchasing an additional 8,361 shares in the last quarter. Finally, Bull Harbor Capital LLC bought a new stake in shares of Burlington Stores in the first quarter worth $1,091,000.
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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