Burlington Stores (NYSE:BURL) Now Covered by Cantor Fitzgerald

Analysts at Cantor Fitzgerald started coverage on shares of Burlington Stores (NYSE:BURL) in a research report issued to clients and investors on Tuesday, Marketbeat Ratings reports. The firm set a “neutral” rating and a $270.00 price target on the stock. Cantor Fitzgerald‘s target price suggests a potential upside of 5.14% from the company’s previous close.

Several other equities analysts have also recently commented on BURL. Wells Fargo & Company set a $370.00 target price on Burlington Stores in a research report on Friday, August 28th. Evercore reaffirmed an “outperform” rating and issued a $400.00 price target on shares of Burlington Stores in a report on Monday, August 17th. UBS Group lifted their price target on Burlington Stores from $435.00 to $440.00 and gave the company a “buy” rating in a research report on Monday, August 17th. Sanford C. Bernstein dropped their price target 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. Finally, Morgan Stanley cut their price objective on Burlington Stores from $438.00 to $432.00 and set an “overweight” rating for the company in a report on Friday, August 28th. Fifteen investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $362.61.

Burlington Stores Stock Up 4.1%

BURL opened at $256.81 on Tuesday. The company has a fifty day moving average price of $254.50 and a 200-day moving average price of $305.72. The firm has a market capitalization of $16.13 billion, a P/E ratio of 23.05, a price-to-earnings-growth ratio of 1.74 and a beta of 1.50. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.17 and a quick ratio of 0.47. Burlington Stores has a one year low of $226.85 and a one year high of $378.33.

Burlington Stores (NYSE:BURL) last released its quarterly earnings results on Thursday, August 27th. The company reported $2.96 earnings per share 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 for the quarter, compared to analysts’ expectations of $3.03 billion. During the same quarter in the prior year, the firm posted $1.72 earnings per share. The business’s quarterly 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 expect that Burlington Stores will post 11.91 earnings per share for the current fiscal year.

Insider Transactions at Burlington Stores

In other Burlington Stores news, CMO Jennifer Vecchio sold 1,678 shares of the company’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 value of $455,627.34. Following the completion of the sale, the chief marketing officer owned 74,305 shares of the company’s stock, valued at $20,176,036.65. This represents a 2.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.30% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. BlackRock Inc. purchased a new position in shares of Burlington Stores in the second quarter worth about $2,157,518,000. Alyeska Investment Group L.P. boosted 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 valued at $332,570,000 after acquiring an additional 139,958 shares during the period. Janus Henderson Group PLC boosted its holdings in Burlington Stores by 1.0% during the 1st 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 period. Jupiter Topco LLC purchased a new stake in Burlington Stores during the 2nd quarter valued at about $283,228,000. Finally, Primecap Management Co. CA bought a new position in Burlington Stores during the 2nd quarter worth approximately $266,416,000.

About Burlington Stores

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.

Founded in 1972 as Burlington Coat Factory, the company began as a retailer specializing in coats and expanded into a broader assortment of merchandise.