Burlington Stores (NYSE:BURL) Coverage Initiated at Truist Financial

Stock analysts at Truist Financial started coverage on shares of Burlington Stores (NYSE:BURL) in a report issued on Monday,Benzinga reports. The brokerage set a “hold” rating and a $305.00 price target on the stock. Truist Financial’s price target would suggest a potential upside of 4.00% from the company’s current price.

A number of other research analysts also recently issued reports on the company. Evercore reiterated an “outperform” rating and set a $375.00 price objective on shares of Burlington Stores in a research note on Thursday, March 5th. Robert W. Baird lifted their price target on shares of Burlington Stores from $345.00 to $375.00 and gave the company an “outperform” rating in a report on Friday, March 6th. Barclays upped their price target on shares of Burlington Stores from $331.00 to $335.00 and gave the stock an “overweight” rating in a research report on Monday, March 2nd. Telsey Advisory Group reissued an “outperform” rating and issued a $365.00 price objective on shares of Burlington Stores in a research note on Tuesday, March 31st. Finally, Weiss Ratings upgraded shares of Burlington Stores from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, March 23rd. Sixteen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, Burlington Stores currently has a consensus rating of “Moderate Buy” and an average price target of $352.47.

Burlington Stores Stock Down 0.1%

Burlington Stores stock opened at $293.27 on Monday. The firm has a market cap of $18.43 billion, a price-to-earnings ratio of 30.81, a PEG ratio of 1.78 and a beta of 1.48. The company has a current ratio of 1.23, a quick ratio of 0.65 and a debt-to-equity ratio of 1.11. Burlington Stores has a 12 month low of $218.52 and a 12 month high of $351.85. The stock has a fifty day simple moving average of $318.54 and a two-hundred day simple moving average of $298.91.

Burlington Stores (NYSE:BURL) last issued its earnings results on Thursday, March 5th. The company reported $4.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.70 by $0.29. The company had revenue of $3.65 billion for the quarter, compared to analysts’ expectations of $2.77 billion. Burlington Stores had a net margin of 5.28% and a return on equity of 41.37%. The firm’s quarterly revenue was up 11.3% on a year-over-year basis. During the same quarter last year, the company posted $4.07 earnings per share. Burlington Stores has set its FY 2026 guidance at 10.950-11.450 EPS and its Q1 2026 guidance at 1.600-1.750 EPS. Equities analysts predict that Burlington Stores will post 11.27 EPS for the current fiscal year.

Insiders Place Their Bets

In other Burlington Stores news, COO Travis Marquette sold 3,759 shares of the company’s stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of $327.75, for a total value of $1,232,012.25. Following the completion of the sale, the chief operating officer directly owned 26,350 shares in the company, valued at approximately $8,636,212.50. This represents a 12.48% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.30% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of BURL. Massachusetts Financial Services Co. MA grew its position in Burlington Stores by 6.7% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 945,554 shares of the company’s stock worth $240,643,000 after purchasing an additional 59,587 shares during the last quarter. Hudson Bay Capital Management LP purchased a new position in shares of Burlington Stores in the third quarter worth $4,142,000. Vanguard Group Inc. lifted its stake in shares of Burlington Stores by 3.5% during the third quarter. Vanguard Group Inc. now owns 6,782,201 shares of the company’s stock worth $1,726,070,000 after buying an additional 232,358 shares during the period. Campbell & CO Investment Adviser LLC acquired a new stake in shares of Burlington Stores during the third quarter worth $1,033,000. Finally, Alkeon Capital Management LLC grew its holdings in shares of Burlington Stores by 50.0% during the third quarter. Alkeon Capital Management LLC now owns 525,000 shares of the company’s stock valued at $133,612,000 after buying an additional 175,000 shares during the last quarter.

Burlington Stores Company Profile

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.