Zacks Research Cuts Earnings Estimates for Burlington Stores

Burlington Stores, Inc. (NYSE:BURL) – Equities research analysts at Zacks Research lowered their Q3 2027 earnings estimates for shares of Burlington Stores in a report released on Thursday, September 10th. Zacks Research analyst Team now forecasts that the company will post earnings of $1.67 per share for the quarter, down from their prior estimate of $2.03. The consensus estimate for Burlington Stores’ current full-year earnings is $12.90 per share. Zacks Research also issued estimates for Burlington Stores’ Q1 2028 earnings at $2.06 EPS, Q2 2028 earnings at $3.18 EPS, Q3 2028 earnings at $1.84 EPS, Q4 2028 earnings at $5.74 EPS, Q2 2029 earnings at $3.63 EPS and FY2029 earnings at $14.67 EPS.

Burlington Stores (NYSE:BURL) last issued its quarterly earnings results on Thursday, August 27th. The company reported $2.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.19 by $0.77. Burlington Stores had a net margin of 5.85% and a return on equity of 41.72%. The company had revenue of $3 billion during the quarter, compared to analyst estimates of $3.03 billion. During the same period last year, the business earned $1.72 EPS. Burlington Stores’s quarterly revenue 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.

Several other equities analysts have also issued reports on the stock. Wall Street Zen lowered shares of Burlington Stores from a “buy” rating to a “hold” rating in a report on Sunday, August 2nd. Jefferies Financial Group raised their price target on Burlington Stores from $365.00 to $410.00 and gave the company a “buy” rating in a report on Friday, August 14th. 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 research report on Friday, August 28th. Citigroup decreased their price objective on shares of Burlington Stores from $380.00 to $318.00 and set a “neutral” rating for the company in a report on Friday, August 28th. Finally, Deutsche Bank Aktiengesellschaft cut their target price on Burlington Stores from $367.00 to $323.00 and set a “hold” rating on the stock in a research note on Friday, August 28th. Fourteen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $370.75.

Burlington Stores Price Performance

Shares of BURL opened at $227.73 on Monday. The stock has a market cap of $14.30 billion, a PE ratio of 20.44, a price-to-earnings-growth ratio of 1.30 and a beta of 1.42. 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 has a fifty-two week low of $226.85 and a fifty-two week high of $378.33. The firm’s 50-day simple moving average is $321.81 and its two-hundred day simple moving average is $320.05.

Insider Transactions at Burlington Stores

In other Burlington Stores news, CMO Jennifer Vecchio sold 1,678 shares of the business’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $369.04, for a total transaction of $619,249.12. Following the completion of the sale, the chief marketing officer directly owned 77,661 shares in the company, valued at $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 is available through this hyperlink. Insiders own 1.30% of the company’s stock.

Hedge Funds Weigh In On Burlington Stores

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Sequoia Financial Advisors LLC increased its holdings in Burlington Stores by 2.9% during the second quarter. Sequoia Financial Advisors LLC now owns 4,064 shares of the company’s stock valued at $1,287,000 after buying an additional 115 shares during the last quarter. Tidal Investments LLC raised its position in Burlington Stores by 6.4% in the second quarter. Tidal Investments LLC now owns 13,215 shares of the company’s stock worth $4,187,000 after acquiring an additional 800 shares during the period. National Pension Service boosted its stake in shares of Burlington Stores by 114.6% during the 2nd quarter. National Pension Service now owns 10,150 shares of the company’s stock worth $3,216,000 after acquiring an additional 5,420 shares during the last quarter. WINTON GROUP Ltd purchased a new position in shares of Burlington Stores during the 2nd quarter worth $1,130,000. Finally, Engineers Gate Manager LP bought a new stake in shares of Burlington Stores during the 2nd quarter valued at $1,526,000.

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.