Barclays Raises Burlington Stores (NYSE:BURL) Price Target to $336.00

Key Points

• Barclays has raised its price target for Burlington Stores from $299.00 to $336.00, indicating a potential upside of 13.81% based on the stock's current price.
• Investment analysts generally rate Burlington Stores positively, with 14 analysts giving it a Buy rating and a consensus target price of $323.79.
• In the latest earnings report, Burlington Stores exceeded expectations with earnings per share of $1.59 compared to the consensus estimate of $1.27, reflecting a 9.7% year-over-year revenue growth.

Burlington Stores (NYSE:BURL - Get Free Report) had its price objective upped by Barclays from $299.00 to $336.00 in a note issued to investors on Friday,Benzinga reports. The firm presently has an "overweight" rating on the stock. Barclays's price objective would suggest a potential upside of 13.81% from the stock's current price.

Other equities analysts have also issued research reports about the company. Evercore ISI lowered their price objective on Burlington Stores from $345.00 to $310.00 and set an "outperform" rating for the company in a research report on Friday, May 30th. The Goldman Sachs Group lowered their price target on shares of Burlington Stores from $317.00 to $316.00 and set a "buy" rating for the company in a research report on Tuesday, July 22nd. JPMorgan Chase & Co. lifted their target price on shares of Burlington Stores from $280.00 to $338.00 and gave the company an "overweight" rating in a report on Monday, July 28th. UBS Group set a $390.00 target price on shares of Burlington Stores and gave the company a "buy" rating in a report on Monday, July 14th. Finally, Morgan Stanley lowered their target price on shares of Burlington Stores from $297.00 to $269.00 and set an "overweight" rating for the company in a report on Tuesday, May 6th. Fourteen investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus target price of $323.79.

Burlington Stores Stock Performance

NYSE:BURL opened at $295.22 on Friday. The firm has a market cap of $18.63 billion, a PE ratio of 36.22, a price-to-earnings-growth ratio of 2.43 and a beta of 1.69. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.39 and a current ratio of 1.06. The business has a 50 day moving average price of $264.27 and a 200-day moving average price of $247.93. Burlington Stores has a fifty-two week low of $212.92 and a fifty-two week high of $309.00.

Burlington Stores (NYSE:BURL - Get Free Report) last posted its earnings results on Thursday, August 28th. The company reported $1.59 earnings per share for the quarter, topping analysts' consensus estimates of $1.27 by $0.32. Burlington Stores had a net margin of 4.88% and a return on equity of 44.03%. The company had revenue of $2.70 billion during the quarter, compared to analyst estimates of $2.64 billion. During the same period in the prior year, the business posted $1.24 earnings per share. Burlington Stores's revenue for the quarter was up 9.7% on a year-over-year basis. Burlington Stores has set its Q3 2025 guidance at 1.5-1.600 EPS. FY 2025 guidance at 9.190-9.590 EPS. Equities research analysts predict that Burlington Stores will post 7.93 earnings per share for the current year.

Insider Buying and Selling

In related news, CAO Stephen Ferroni sold 450 shares of the business's stock in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of $241.39, for a total value of $108,625.50. Following the completion of the transaction, the chief accounting officer directly owned 2,389 shares in the company, valued at $576,680.71. The trade was a 15.85% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CMO Jennifer Vecchio sold 420 shares of the business's stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $236.64, for a total transaction of $99,388.80. Following the completion of the transaction, the chief marketing officer owned 65,429 shares of the company's stock, valued at approximately $15,483,118.56. The trade was a 0.64% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.10% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Vident Advisory LLC boosted its position in shares of Burlington Stores by 1.1% during the second quarter. Vident Advisory LLC now owns 3,330 shares of the company's stock valued at $775,000 after buying an additional 36 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Burlington Stores by 14.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 302 shares of the company's stock valued at $72,000 after acquiring an additional 38 shares during the last quarter. Emerald Advisers LLC raised its position in shares of Burlington Stores by 1.8% in the 2nd quarter. Emerald Advisers LLC now owns 2,168 shares of the company's stock valued at $504,000 after purchasing an additional 39 shares during the last quarter. Nissay Asset Management Corp Japan ADV raised its position in Burlington Stores by 0.6% during the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 7,660 shares of the company's stock worth $2,237,000 after buying an additional 49 shares during the last quarter. Finally, Nicolet Advisory Services LLC raised its position in Burlington Stores by 2.0% during the first quarter. Nicolet Advisory Services LLC now owns 2,717 shares of the company's stock valued at $661,000 after acquiring an additional 54 shares in the last quarter.

Burlington Stores Company Profile

Burlington Stores, Inc operates as a retailer of branded merchandise in the United States. The company provides fashion-focused merchandise, including women's ready-to-wear apparel, menswear, youth apparel, footwear, accessories, toys, gifts, and coats, as well as baby, home, and beauty products.

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