Brokerages Set Burlington Stores, Inc. (NYSE:BURL) Target Price at $370.75

Burlington Stores, Inc. (NYSE:BURL) has earned a consensus recommendation of “Moderate Buy” from the twenty research firms that are currently covering the stock, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a hold recommendation and fourteen have given a buy recommendation to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $370.75.

Several analysts recently weighed in on BURL shares. Weiss Ratings cut Burlington Stores from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday. UBS Group upped their price objective on Burlington Stores from $435.00 to $440.00 and gave the company a “buy” rating in a report on Monday, August 17th. Sanford C. Bernstein lowered their price objective on Burlington Stores from $365.00 to $355.00 and set an “outperform” rating on the stock in a research report on Friday, August 28th. Wells Fargo & Company set a $370.00 target price on Burlington Stores in a report on Friday, August 28th. Finally, Morgan Stanley reduced their target price on shares of Burlington Stores from $438.00 to $432.00 and set an “overweight” rating for the company in a research report on Friday, August 28th.

Insiders Place Their Bets

In other Burlington Stores news, CMO Jennifer Vecchio sold 1,678 shares of Burlington Stores stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $369.04, for a total value of $619,249.12. Following the completion of the sale, the chief marketing officer owned 77,661 shares in the company, valued at $28,660,015.44. The trade was a 2.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.30% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Burlington Stores by 14.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 302 shares of the company’s stock worth $72,000 after buying an additional 38 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in Burlington Stores by 1,604.7% in the 1st quarter. Jones Financial Companies Lllp now owns 1,449 shares of the company’s stock valued at $345,000 after acquiring an additional 1,364 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in Burlington Stores by 91.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 698 shares of the company’s stock valued at $162,000 after acquiring an additional 334 shares in the last quarter. Daiwa Securities Group Inc. lifted its position in shares of Burlington Stores by 12.4% during the 2nd quarter. Daiwa Securities Group Inc. now owns 7,459 shares of the company’s stock valued at $1,735,000 after acquiring an additional 821 shares during the period. Finally, AXA S.A. lifted its position in shares of Burlington Stores by 1,033.2% during the 2nd quarter. AXA S.A. now owns 10,754 shares of the company’s stock valued at $2,502,000 after acquiring an additional 9,805 shares during the period.

Burlington Stores Stock Down 0.4%

Shares of BURL opened at $238.23 on Friday. The firm has a market cap of $14.96 billion, a P/E ratio of 21.39, a price-to-earnings-growth ratio of 1.34 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 52 week low of $236.75 and a 52 week high of $378.33. The firm’s 50-day simple moving average is $326.69 and its 200 day simple moving average is $321.66.

Burlington Stores (NYSE:BURL) last issued its quarterly earnings data 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 firm had revenue of $3 billion during the quarter, compared to the consensus estimate of $3.03 billion. During the same period last year, the business posted $1.72 earnings per share. The business’s revenue for the quarter 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, analysts forecast that Burlington Stores will post 12.9 earnings per share for the current year.

About Burlington Stores

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.