Burlington Stores (NYSE:BURL) Research Coverage Started at Cantor Fitzgerald

Cantor Fitzgerald began coverage on shares of Burlington Stores (NYSE:BURL) in a research note released on Tuesday morning, MarketBeat Ratings reports. The brokerage issued a neutral rating and a $270.00 price objective on the stock.

Several other research firms have also commented on BURL. Weiss Ratings upgraded shares of Burlington Stores from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 16th. Evercore reiterated an “outperform” rating and set a $400.00 price objective on shares of Burlington Stores in a research note on Monday, August 17th. Sanford C. Bernstein cut their price objective on shares of Burlington Stores from $365.00 to $355.00 and set an “outperform” rating on the stock in a report on Friday, August 28th. Morgan Stanley cut their price objective on shares of Burlington Stores from $438.00 to $432.00 and set an “overweight” rating on the stock in a report on Friday, August 28th. Finally, Wells Fargo & Company set a $370.00 price objective on shares of Burlington Stores in a research note on Friday, August 28th. Fifteen research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Burlington Stores currently has an average rating of “Moderate Buy” and an average target price of $362.61.

Burlington Stores Stock Performance

Shares of Burlington Stores stock opened at $251.92 on Tuesday. The firm has a market cap of $15.82 billion, a P/E ratio of 22.61, a P/E/G ratio of 1.68 and a beta of 1.50. The company has a current ratio of 1.17, a quick ratio of 0.47 and a debt-to-equity ratio of 0.95. Burlington Stores has a 12 month low of $226.85 and a 12 month high of $378.33. The stock’s fifty day moving average price is $254.18 and its 200-day moving average price is $305.07.

Burlington Stores (NYSE:BURL) 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. On average, equities research analysts expect that Burlington Stores will post 12.23 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Burlington Stores news, CMO Jennifer Vecchio sold 1,678 shares of the stock in a transaction dated 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 sale, the chief marketing officer directly owned 74,305 shares of the company’s stock, valued at approximately $20,176,036.65. This represents a 2.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.30% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of BURL. North Dakota State Investment Board raised its stake in shares of Burlington Stores by 2.6% during the 3rd quarter. North Dakota State Investment Board now owns 1,918 shares of the company’s stock worth $512,000 after acquiring an additional 49 shares in the last quarter. Oregon Public Employees Retirement Fund boosted its stake in Burlington Stores by 0.4% in the third quarter. Oregon Public Employees Retirement Fund now owns 13,040 shares of the company’s stock valued at $3,484,000 after acquiring an additional 56 shares in the last quarter. Parallel Advisors LLC boosted its stake in Burlington Stores by 22.5% in the first quarter. Parallel Advisors LLC now owns 348 shares of the company’s stock valued at $113,000 after acquiring an additional 64 shares in the last quarter. Assetmark Inc. boosted its stake in Burlington Stores by 6.5% in the first quarter. Assetmark Inc. now owns 1,190 shares of the company’s stock valued at $387,000 after acquiring an additional 73 shares in the last quarter. Finally, Basecamp Wealth Advisors LLC grew its holdings in Burlington Stores by 10.7% in the first quarter. Basecamp Wealth Advisors LLC now owns 816 shares of the company’s stock worth $266,000 after purchasing an additional 79 shares during the last quarter.

Burlington Stores Company Profile

Burlington Stores, Inc. is a U.S. off-price retailer that sells apparel, footwear, accessories and home products through its Burlington-branded stores. Its merchandise includes clothing for women, men and children, as well as items such as home décor, furnishings and seasonal goods. The company uses an off-price retail model, purchasing merchandise from a range of suppliers and offering products at discounts to regular department-store and specialty-store prices. Product selection and availability can vary by store and season.