Shares of Burlington Stores, Inc. (NYSE:BURL – Get Free Report) passed below its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $311.66 and traded as low as $258.68. Burlington Stores shares last traded at $259.6170, with a volume of 942,750 shares changing hands.
Analyst Ratings Changes
A number of research firms have recently issued reports on BURL. Morgan Stanley dropped their price objective on shares of Burlington Stores from $438.00 to $432.00 and set an “overweight” rating on the stock in a research note on Friday, August 28th. Sanford C. Bernstein decreased their target price on Burlington Stores from $365.00 to $355.00 and set an “outperform” rating for the company in a research report on Friday, August 28th. UBS Group lifted their target price on Burlington Stores from $435.00 to $440.00 and gave the company a “buy” rating in a research note on Monday, August 17th. Weiss Ratings upgraded Burlington Stores from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, October 16th. Finally, Citigroup dropped their price target on shares of Burlington Stores from $380.00 to $318.00 and set a “neutral” rating on the stock in a research note on Friday, August 28th. Fifteen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $369.88.
Check Out Our Latest Analysis on BURL
Burlington Stores Stock Up 1.9%
The company has a market cap of $15.88 billion, a price-to-earnings ratio of 22.69, a P/E/G ratio of 1.50 and a beta of 1.43. The company has a current ratio of 1.17, a quick ratio of 0.47 and a debt-to-equity ratio of 0.95. The business has a fifty day moving average price of $272.09 and a two-hundred day moving average price of $310.55.
Burlington Stores (NYSE:BURL – Get Free Report) last released its quarterly earnings data on Thursday, August 27th. The company reported $2.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.19 by $0.77. The firm had revenue of $3 billion during the quarter, compared to analysts’ expectations of $3.03 billion. Burlington Stores had a return on equity of 41.72% and a net margin of 5.85%. The business’s revenue for the quarter was up 11.0% on a year-over-year basis. During the same quarter last year, the firm earned $1.72 earnings per share. 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, equities analysts predict that Burlington Stores, Inc. will post 11.93 earnings per share for the current year.
Insider Activity
In related news, CMO Jennifer Vecchio sold 1,678 shares of the business’s stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $271.53, for a total transaction of $455,627.34. Following the transaction, the chief marketing officer directly owned 74,305 shares in the company, valued at $20,176,036.65. The trade was a 2.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 1.30% of the company’s stock.
Institutional Investors Weigh In On Burlington Stores
Several institutional investors and hedge funds have recently made changes to their positions in BURL. BlackRock Inc. bought a new position in Burlington Stores in the 2nd quarter worth approximately $2,157,518,000. Alyeska Investment Group L.P. raised its holdings in Burlington Stores by 15.4% during the 2nd quarter. Alyeska Investment Group L.P. now owns 1,049,778 shares of the company’s stock worth $332,570,000 after buying an additional 139,958 shares during the period. Jupiter Topco LLC bought a new position in shares of Burlington Stores during the 2nd quarter worth approximately $283,228,000. Janus Henderson Group PLC increased its position in shares of Burlington Stores by 1.0% in the first quarter. Janus Henderson Group PLC now owns 880,017 shares of the company’s stock valued at $286,341,000 after acquiring an additional 8,361 shares during the last quarter. Finally, Primecap Management Co. CA acquired a new stake in Burlington Stores in the second quarter valued at $266,416,000.
Burlington Stores Company Profile
Burlington Stores, Inc (NYSE:BURL) is an off-price retailer offering branded and private-label merchandise at discounted prices. The company sells a broad range of products, including women’s, men’s and children’s apparel; footwear; accessories; home goods; and baby products.
Burlington operates through a nationwide network of stores in the United States. Its off-price model emphasizes opportunistic purchasing, allowing the company to offer changing assortments of merchandise at prices generally below those of department stores and specialty retailers.
The company traces its history to 1972, when it opened its first store in Burlington, New Jersey, as Burlington Coat Factory.
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