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

Key Points

• Cantor Fitzgerald initiated coverage of Burlington Stores with a “neutral” rating and a $270 price target, implying 5.14% upside from the stock’s price at the time of the report.
• Analyst views are mixed, but the consensus rating is “Moderate Buy,” with a $362.61 average price target; 15 analysts rate the stock Buy, five Hold, and one Sell.
• Burlington reported quarterly EPS of $2.96, beating the $2.19 consensus estimate, while revenue of $3 billion came in slightly below forecasts.

Stock analysts at Cantor Fitzgerald began coverage on shares of Burlington Stores (NYSE:BURL - Get Free Report) in a research note issued to investors on Tuesday, Marketbeat Ratings reports. The firm set a "neutral" rating and a $270.00 price target on the stock. Cantor Fitzgerald's price target would indicate a potential upside of 5.14% from the stock's current price.

Several other brokerages have also recently weighed in on BURL. Zacks Research cut Burlington Stores from a "hold" rating to a "strong sell" rating in a research note on Tuesday, October 27th. Weiss Ratings upgraded shares of Burlington Stores from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Friday, October 16th. Morgan Stanley lowered their target price on shares of Burlington Stores from $438.00 to $432.00 and set an "overweight" rating for the company in a report on Friday, August 28th. Wells Fargo & Company set a $370.00 price target on shares of Burlington Stores in a research report on Friday, August 28th. Finally, Evercore restated an "outperform" rating and set a $400.00 price target on shares of Burlington Stores in a report on Monday, August 17th. Fifteen research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $362.61.

Burlington Stores Stock Performance

Shares of BURL opened at $256.81 on Tuesday. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.47 and a current ratio of 1.17. The stock has a 50 day moving average price of $254.50 and a two-hundred 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 P/E/G ratio of 1.74 and a beta of 1.50. Burlington Stores has a 52 week low of $226.85 and a 52 week high of $378.33.

Burlington Stores (NYSE:BURL - Get Free Report) last posted its earnings results on Thursday, August 27th. The company reported $2.96 earnings per share for the quarter, beating analysts' consensus estimates of $2.19 by $0.77. The company had revenue of $3 billion for the quarter, compared to analyst estimates of $3.03 billion. Burlington Stores had a return on equity of 41.72% and a net margin of 5.85%. The company's revenue for the quarter was up 11.0% on a year-over-year basis. During the same quarter last year, the company 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. Equities analysts forecast that Burlington Stores will post 11.91 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CMO Jennifer Vecchio sold 1,678 shares of Burlington Stores stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $271.53, for a total value of $455,627.34. Following the completion of the transaction, 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.30% of the company's stock.

Hedge Funds Weigh In On Burlington Stores

A number of large investors have recently made changes to their positions in BURL. BlackRock Inc. purchased a new stake in Burlington Stores during the 2nd quarter worth about $2,157,518,000. Alyeska Investment Group L.P. grew 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 buying an additional 139,958 shares in the last quarter. Janus Henderson Group PLC increased its position in shares of Burlington Stores by 1.0% during the first quarter. Janus Henderson Group PLC now owns 880,017 shares of the company's stock valued at $286,341,000 after buying an additional 8,361 shares during the period. Jupiter Topco LLC bought a new stake in shares of Burlington Stores during the second quarter valued at about $283,228,000. Finally, Primecap Management Co. CA bought a new stake in shares of Burlington Stores during the second quarter valued at about $266,416,000.

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.

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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.