Burlington Stores (NYSE:BURL) Reaches New 1-Year High – Still a Buy?

Burlington Stores, Inc. (NYSE:BURL) shares hit a new 52-week high on Tuesday . The stock traded as high as $365.14 and last traded at $368.1380, with a volume of 22640 shares changing hands. The stock had previously closed at $358.01.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on BURL shares. UBS Group restated a “buy” rating and issued a $435.00 price objective on shares of Burlington Stores in a research report on Friday, May 29th. Jefferies Financial Group reiterated a “buy” rating and set a $365.00 target price on shares of Burlington Stores in a report on Friday, May 29th. Truist Financial raised their target price on Burlington Stores from $305.00 to $310.00 and gave the stock a “hold” rating in a research note on Thursday, May 28th. Barclays boosted their price target on Burlington Stores from $365.00 to $411.00 and gave the company an “overweight” rating in a report on Tuesday, May 26th. Finally, Weiss Ratings cut Burlington Stores from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, July 23rd. Fourteen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $353.56.

Burlington Stores Price Performance

The company has a current ratio of 1.16, a quick ratio of 0.49 and a debt-to-equity ratio of 1.03. The business’s 50 day moving average price is $330.97 and its two-hundred day moving average price is $318.37. The stock has a market cap of $23.39 billion, a P/E ratio of 38.19, a price-to-earnings-growth ratio of 1.99 and a beta of 1.46.

Burlington Stores (NYSE:BURL) last released its quarterly earnings results on Thursday, May 28th. The company reported $2.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.80 by $0.21. The company had revenue of $2.86 billion during the quarter, compared to the consensus estimate of $2.80 billion. Burlington Stores had a net margin of 5.24% and a return on equity of 39.93%. Burlington Stores’s revenue was up 14.1% on a year-over-year basis. During the same period in the prior year, the firm earned $1.60 earnings per share. Burlington Stores has set its Q2 2026 guidance at 2.050-2.200 EPS and its FY 2026 guidance at 11.450-11.800 EPS. As a group, sell-side analysts expect that Burlington Stores, Inc. will post 11.71 earnings per share for the current fiscal year.

Insider Activity

In other Burlington Stores news, CAO Stephen Ferroni sold 2,343 shares of the stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $337.22, for a total value of $790,106.46. Following the completion of the transaction, the chief accounting officer owned 1,391 shares in the company, valued at approximately $469,073.02. This represents a 62.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Matthew Pasch sold 3,773 shares of the firm’s stock in a transaction on Friday, June 5th. The shares were sold at an average price of $317.21, for a total value of $1,196,833.33. Following the transaction, the insider directly owned 6,523 shares of the company’s stock, valued at $2,069,160.83. This represents a 36.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 28,714 shares of company stock worth $9,661,022 in the last quarter. 1.30% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Stone House Investment Management LLC purchased a new stake in Burlington Stores in the fourth quarter worth about $25,000. JPL Wealth Management LLC bought a new position in shares of Burlington Stores during the third quarter valued at approximately $28,000. Harbour Investments Inc. lifted its holdings in shares of Burlington Stores by 44.7% during the fourth quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock valued at $32,000 after purchasing an additional 34 shares during the last quarter. Reflection Asset Management bought a new stake in shares of Burlington Stores in the 4th quarter worth approximately $34,000. Finally, Larson Financial Group LLC boosted its position in shares of Burlington Stores by 180.0% in the 4th quarter. Larson Financial Group LLC now owns 126 shares of the company’s stock worth $36,000 after purchasing an additional 81 shares in 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.