Burlington Stores (NYSE:BURL) Hits New 52-Week High – Here’s Why

Burlington Stores, Inc. (NYSE:BURL)’s stock price hit a new 52-week high on Wednesday . The stock traded as high as $332.72 and last traded at $331.4190, with a volume of 154694 shares trading hands. The stock had previously closed at $325.38.

Analyst Ratings Changes

Several research firms have commented on BURL. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Burlington Stores in a report on Thursday, January 8th. They set a “hold” rating and a $318.00 price target for the company. Citigroup lifted their price objective on shares of Burlington Stores from $351.00 to $380.00 and gave the stock a “buy” rating in a research report on Friday, March 6th. Barclays boosted their target price on shares of Burlington Stores from $331.00 to $335.00 and gave the stock an “overweight” rating in a research note on Monday, March 2nd. UBS Group reissued a “buy” rating on shares of Burlington Stores in a report on Tuesday, March 3rd. Finally, Evercore reaffirmed an “outperform” rating and set a $375.00 price target on shares of Burlington Stores in a report on Thursday, March 5th. Sixteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $355.44.

Burlington Stores Stock Up 1.9%

The company has a debt-to-equity ratio of 1.11, a current ratio of 1.23 and a quick ratio of 0.65. The company has a market cap of $20.79 billion, a price-to-earnings ratio of 34.84, a P/E/G ratio of 1.89 and a beta of 1.73. The firm’s 50 day simple moving average is $306.19 and its 200-day simple moving average is $286.14.

Burlington Stores (NYSE:BURL) last posted its earnings results on Thursday, March 5th. The company reported $4.99 EPS for the quarter, topping analysts’ consensus estimates of $4.70 by $0.29. The business had revenue of $3.65 billion for the quarter, compared to analysts’ expectations of $2.77 billion. Burlington Stores had a return on equity of 41.37% and a net margin of 5.28%.The business’s revenue was up 11.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $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. As a group, sell-side analysts anticipate that Burlington Stores, Inc. will post 7.93 earnings per share for the current year.

Insiders Place Their Bets

In other Burlington Stores news, COO Travis Marquette sold 3,759 shares of the business’s stock in a transaction that occurred 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 owned 26,350 shares in the company, valued at approximately $8,636,212.50. The trade was a 12.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 1.10% of the company’s stock.

Hedge Funds Weigh In On Burlington Stores

A number of institutional investors have recently modified their holdings of the business. Stone House Investment Management LLC acquired a new stake in Burlington Stores during the 4th quarter worth $25,000. First Horizon Corp purchased a new stake in shares of Burlington Stores in the third quarter valued at about $25,000. Harbour Investments Inc. raised its holdings in shares of Burlington Stores by 44.7% in the fourth quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock valued at $32,000 after buying an additional 34 shares during the last quarter. JPL Wealth Management LLC acquired a new stake in shares of Burlington Stores during the third quarter worth about $28,000. Finally, Reflection Asset Management acquired a new stake in shares of Burlington Stores during the fourth quarter worth about $34,000.

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.