Burlington Stores, Inc. (NYSE:BURL) Given Average Recommendation of "Buy" by Brokerages

Key Points

• Burlington Stores, Inc. has received an average recommendation of "Buy" from 14 different research firms, with a target price of approximately $344.29.
• The company reported a significant earnings increase of $1.59 EPS for the last quarter, surpassing the consensus estimate by $0.32, and revenues of $2.70 billion.
• Recent insider trading saw CAO Stephen Ferroni sell 1,123 shares at an average price of $281.25, indicating a 31.98% decrease in his holdings.

Shares of Burlington Stores, Inc. (NYSE:BURL - Get Free Report) have been given a consensus rating of "Buy" by the fourteen analysts that are covering the stock, MarketBeat.com reports. Fourteen equities research analysts have rated the stock with a buy rating. The average 1 year target price among analysts that have covered the stock in the last year is $344.2857.

Several brokerages have commented on BURL. Morgan Stanley upped their price target on Burlington Stores from $309.00 to $328.00 and gave the stock an "overweight" rating in a research note on Friday, August 29th. The Goldman Sachs Group dropped their target price on shares of Burlington Stores from $317.00 to $316.00 and set a "buy" rating on the stock in a report on Tuesday, July 22nd. Wells Fargo & Company raised their price target on Burlington Stores from $300.00 to $330.00 and gave the stock an "overweight" rating in a report on Thursday, August 28th. Bank of America raised their target price on Burlington Stores from $350.00 to $363.00 and gave the company a "buy" rating in a research report on Friday, August 29th. Finally, Telsey Advisory Group reiterated an "outperform" rating and set a $350.00 price target (up from $300.00) on shares of Burlington Stores in a research report on Thursday, August 28th.

Burlington Stores Trading Down 0.8%

Shares of NYSE BURL traded down $2.11 during mid-day trading on Friday, reaching $262.78. 1,193,170 shares of the company's stock were exchanged, compared to its average volume of 1,031,875. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.55 and a current ratio of 1.23. The firm has a market capitalization of $16.56 billion, a price-to-earnings ratio of 31.02, a PEG ratio of 1.98 and a beta of 1.72. The company's 50-day moving average is $277.36 and its 200-day moving average is $252.02. Burlington Stores has a 52-week low of $212.92 and a 52-week high of $309.00.

Burlington Stores (NYSE:BURL - Get Free Report) last issued its earnings results on Thursday, August 28th. The company reported $1.59 earnings per share for the quarter, topping the consensus estimate of $1.27 by $0.32. Burlington Stores had a return on equity of 42.74% and a net margin of 4.96%.The business had revenue of $2.70 billion for the quarter, compared to analyst estimates of $2.64 billion. During the same quarter last year, the company earned $1.24 EPS. The business's quarterly revenue 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. Analysts expect that Burlington Stores will post 7.93 EPS for the current fiscal year.

Insider Activity

In related news, CAO Stephen Ferroni sold 1,123 shares of the business's stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $281.25, for a total transaction of $315,843.75. Following the completion of the transaction, the chief accounting officer owned 2,389 shares of the company's stock, valued at approximately $671,906.25. The trade was a 31.98% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CMO Jennifer Vecchio sold 420 shares of the business's stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $236.64, for a total value of $99,388.80. Following the transaction, the chief marketing officer owned 65,429 shares in the company, valued at $15,483,118.56. This represents 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 currently owned by insiders.

Institutional Trading of Burlington Stores

A number of large investors have recently made changes to their positions in the company. Vident Advisory LLC grew its holdings in shares of Burlington Stores by 1.1% in the 2nd quarter. Vident Advisory LLC now owns 3,330 shares of the company's stock valued at $775,000 after acquiring an additional 36 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased 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 acquiring an additional 38 shares during the last quarter. Emerald Advisers LLC grew its stake in shares of Burlington Stores by 1.8% during the second quarter. Emerald Advisers LLC now owns 2,168 shares of the company's stock worth $504,000 after buying an additional 39 shares during the last quarter. Nicolet Advisory Services LLC grew its stake in shares of Burlington Stores by 2.0% during the first quarter. Nicolet Advisory Services LLC now owns 2,717 shares of the company's stock worth $661,000 after buying an additional 54 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC lifted its holdings in shares of Burlington Stores by 16.8% during the second quarter. Steward Partners Investment Advisory LLC now owns 376 shares of the company's stock worth $87,000 after purchasing an additional 54 shares during the period.

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.