Burlington Stores, Inc. (NYSE:BURL) Stock Has Average Target Price of $370.75 According to Brokerages

Burlington Stores, Inc. (NYSE:BURL) has been given a consensus recommendation of “Moderate Buy” by the twenty ratings firms that are presently covering the company, Marketbeat Ratings reports. Seven research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $370.75.

Several research analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Burlington Stores from $367.00 to $323.00 and set a “hold” rating for the company in a report on Friday, August 28th. Weiss Ratings downgraded Burlington Stores from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday. Wells Fargo & Company set a $370.00 price objective on Burlington Stores in a research report on Friday, August 28th. Sanford C. Bernstein reduced their price objective on Burlington Stores from $365.00 to $355.00 and set an “outperform” rating for the company in a report on Friday, August 28th. Finally, Jefferies Financial Group upped their target price on shares of Burlington Stores from $365.00 to $410.00 and gave the company a “buy” rating in a research note on Friday, August 14th.

Insider Activity

In related news, CMO Jennifer Vecchio sold 1,678 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The shares were 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 approximately $28,660,015.44. The trade was a 2.11% decrease in their ownership of the stock. The sale was disclosed in a filing 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

Several institutional investors and hedge funds have recently bought and sold shares of BURL. BlackRock Inc. purchased a new stake in Burlington Stores in the 2nd quarter worth approximately $2,157,518,000. T. Rowe Price Investment Management Inc. boosted its holdings in Burlington Stores by 15.8% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,828,877 shares of the company’s stock worth $817,122,000 after buying an additional 386,615 shares during the period. Geode Capital Management LLC boosted its holdings in Burlington Stores by 2.2% in the 4th quarter. Geode Capital Management LLC now owns 1,233,176 shares of the company’s stock worth $355,261,000 after buying an additional 27,074 shares during the period. Alyeska Investment Group L.P. increased its stake in Burlington Stores by 15.4% in the 2nd quarter. Alyeska Investment Group L.P. now owns 1,049,778 shares of the company’s stock worth $332,570,000 after buying an additional 139,958 shares in the last quarter. Finally, Jupiter Topco LLC purchased a new stake in Burlington Stores in the 2nd quarter worth $283,228,000.

Burlington Stores Stock Performance

Shares of Burlington Stores stock opened at $276.17 on Tuesday. The company has a current ratio of 1.17, a quick ratio of 0.47 and a debt-to-equity ratio of 0.95. The firm has a market capitalization of $17.35 billion, a P/E ratio of 24.79, a P/E/G ratio of 1.67 and a beta of 1.43. The business has a fifty day simple moving average of $300.16 and a two-hundred day simple moving average of $315.67. Burlington Stores has a 12 month low of $226.85 and a 12 month high of $378.33.

Burlington Stores (NYSE:BURL) last announced its quarterly earnings data on Thursday, August 27th. The company reported $2.96 earnings per share for the quarter, topping analysts’ consensus estimates of $2.19 by $0.77. Burlington Stores had a net margin of 5.85% and a return on equity of 41.72%. The business had revenue of $3 billion for the quarter, compared to analysts’ expectations of $3.03 billion. During the same quarter in the prior year, the company earned $1.72 earnings per share. The business’s 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. On average, equities analysts forecast that Burlington Stores will post 11.93 earnings per share for the current fiscal year.

About Burlington Stores

Burlington Stores, Inc is an off-price retailer operating under the Burlington brand. The company offers a broad assortment of branded and private-label merchandise at prices generally below those of department stores and specialty retailers.

Its product categories include women’s, men’s and children’s clothing; footwear; accessories; beauty products; home goods; and baby merchandise. Burlington’s stores typically feature a continuously changing selection sourced through opportunistic purchasing, allowing the company to offer seasonal and fashion-oriented products across multiple departments.

The company was founded in 1972 as Burlington Coat Factory Warehouse Corporation and initially focused on selling coats and outerwear.