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

Shares of Burlington Stores, Inc. (NYSE:BURL) hit a new 52-week high during trading on Tuesday . The company traded as high as $332.20 and last traded at $307.8440, with a volume of 27984 shares traded. The stock had previously closed at $302.37.

Analysts Set New Price Targets

BURL has been the topic of a number of research reports. Jefferies Financial Group restated a “buy” rating and set a $330.00 target price on shares of Burlington Stores in a research report on Tuesday, November 25th. Telsey Advisory Group reissued an “outperform” rating and set a $350.00 price target on shares of Burlington Stores in a research note on Tuesday, November 25th. TD Cowen reaffirmed a “buy” rating on shares of Burlington Stores in a research note on Wednesday, November 26th. JPMorgan Chase & Co. lowered their target price on shares of Burlington Stores from $346.00 to $316.00 and set an “overweight” rating for the company in a report on Wednesday, November 26th. Finally, Sanford C. Bernstein set a $350.00 target price on shares of Burlington Stores and gave the company an “outperform” rating in a research report on Tuesday, January 6th. Fifteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $335.94.

Burlington Stores Trading Down 0.7%

The company’s fifty day simple moving average is $295.46 and its two-hundred day simple moving average is $280.59. The company has a market capitalization of $19.56 billion, a price-to-earnings ratio of 35.73, a price-to-earnings-growth ratio of 1.70 and a beta of 1.74. The company has a quick ratio of 0.46, a current ratio of 1.21 and a debt-to-equity ratio of 1.32.

Burlington Stores (NYSE:BURL) last announced its quarterly earnings results on Tuesday, November 25th. The company reported $1.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.59 by $0.09. The company had revenue of $2.71 billion during the quarter, compared to analyst estimates of $2.74 billion. Burlington Stores had a net margin of 5.01% and a return on equity of 41.02%. The firm’s revenue was up 7.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.55 EPS. Burlington Stores has set its Q4 2025 guidance at 4.500-4.70 EPS and its FY 2025 guidance at 9.690-9.890 EPS. Research analysts forecast that Burlington Stores, Inc. will post 7.93 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Burlington Stores

Several institutional investors and hedge funds have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Burlington Stores by 14.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 302 shares of the company’s stock valued at $72,000 after buying an additional 38 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in shares of Burlington Stores by 1,604.7% during the first quarter. Jones Financial Companies Lllp now owns 1,449 shares of the company’s stock worth $345,000 after acquiring an additional 1,364 shares during the period. Nordea Investment Management AB raised its holdings in shares of Burlington Stores by 8.2% during the second quarter. Nordea Investment Management AB now owns 5,158 shares of the company’s stock worth $1,185,000 after acquiring an additional 390 shares during the period. Securian Asset Management Inc. lifted its position in Burlington Stores by 2.1% in the 2nd quarter. Securian Asset Management Inc. now owns 4,861 shares of the company’s stock valued at $1,131,000 after acquiring an additional 100 shares in the last quarter. Finally, Tributary Capital Management LLC boosted its stake in Burlington Stores by 3.9% in the 2nd quarter. Tributary Capital Management LLC now owns 7,931 shares of the company’s stock worth $1,845,000 after purchasing an additional 300 shares during the period.

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.