Burlington Stores (NYSE:BURL) Stock Breaks Below 50 Day Moving Average – Time to Sell?

Burlington Stores, Inc. (NYSE:BURL)’s stock price passed below its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $254.18 and traded as low as $247.01. Burlington Stores shares last traded at $251.9240, with a volume of 889,381 shares changing hands.

Analysts Set New Price Targets

Several brokerages have recently issued reports on BURL. The Goldman Sachs Group reduced their price objective on Burlington Stores from $394.00 to $382.00 and set a “buy” rating for the company in a research report on Monday, August 31st. Wolfe Research started coverage on Burlington Stores in a report on Wednesday, October 21st. They issued an “outperform” rating and a $356.00 price objective for the company. Cantor Fitzgerald initiated coverage on shares of Burlington Stores in a report on Tuesday. They set a “neutral” rating and a $270.00 target price for the company. Bank of America cut their price objective on Burlington Stores from $365.00 to $344.00 and set a “buy” rating on the stock in a report on Tuesday, October 27th. Finally, Citigroup reduced their price objective on shares of Burlington Stores from $380.00 to $318.00 and set a “neutral” rating for the company in a research note on Friday, August 28th. Fifteen investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Burlington Stores presently has a consensus rating of “Moderate Buy” and an average target price of $362.61.

Burlington Stores Price Performance

The company has a quick ratio of 0.47, a current ratio of 1.17 and a debt-to-equity ratio of 0.95. The stock has a market capitalization of $15.82 billion, a price-to-earnings ratio of 22.61, a P/E/G ratio of 1.68 and a beta of 1.50. The company’s 50-day simple moving average is $254.18 and its 200 day simple moving average is $305.07.

Burlington Stores (NYSE:BURL) last announced its earnings results on Thursday, August 27th. The company reported $2.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.19 by $0.77. Burlington Stores had a return on equity of 41.72% and a net margin of 5.85%. The firm had revenue of $3 billion during the quarter, compared to analysts’ expectations of $3.03 billion. During the same quarter in the prior year, the business earned $1.72 earnings per share. The company’s revenue was up 11.0% on a year-over-year basis. 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. Equities research analysts forecast that Burlington Stores, Inc. will post 12.23 EPS for the current year.

Insiders Place Their Bets

In other news, CMO Jennifer Vecchio sold 1,678 shares of the business’s stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $271.53, for a total transaction of $455,627.34. Following the sale, the chief marketing officer directly owned 74,305 shares in the company, valued at approximately $20,176,036.65. The trade was a 2.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.30% of the stock is currently owned by company insiders.

Institutional Trading of Burlington Stores

A number of large investors have recently bought and sold shares of BURL. Elevation Wealth Partners LLC lifted its holdings in Burlington Stores by 272.2% during the 3rd quarter. Elevation Wealth Partners LLC now owns 134 shares of the company’s stock valued at $36,000 after purchasing an additional 98 shares during the last quarter. CoreCap Advisors LLC grew its stake in shares of Burlington Stores by 923.1% during the third quarter. CoreCap Advisors LLC now owns 133 shares of the company’s stock valued at $36,000 after purchasing an additional 120 shares during the last quarter. Root Financial Partners LLC acquired a new stake in shares of Burlington Stores in the 3rd quarter valued at $36,000. CX Institutional lifted its position in Burlington Stores by 182.7% during the 3rd quarter. CX Institutional now owns 212 shares of the company’s stock valued at $57,000 after purchasing an additional 137 shares during the period. Finally, State of Wyoming bought a new position in Burlington Stores in the second quarter valued at approximately $71,000.

Burlington Stores Company Profile

Burlington Stores, Inc. is a U.S. off-price retailer that sells apparel, footwear, accessories and home products through its Burlington-branded stores. Its merchandise includes clothing for women, men and children, as well as items such as home décor, furnishings and seasonal goods. The company uses an off-price retail model, purchasing merchandise from a range of suppliers and offering products at discounts to regular department-store and specialty-store prices. Product selection and availability can vary by store and season.