Stephen Ferroni Sells 1,123 Shares of Burlington Stores (NYSE:BURL) Stock

Key Points

• Burlington Stores CAO Stephen Ferroni sold 1,123 shares of the company's stock at $281.25 each, totaling approximately $315,843.75, reducing his position by 31.98%.
• Despite the sale, Burlington Stores reported $1.59 EPS for the recent quarter, outperforming analysts' expectations, with revenue of $2.70 billion, an increase of 9.7% year-over-year.
• Multiple analysts have raised their price targets for Burlington Stores, with Barclays increasing their target to $336.00 and UBS Group to $430.00, indicating a strong consensus rating of "Buy" for the stock.

Burlington Stores, Inc. (NYSE:BURL - Get Free Report) CAO Stephen Ferroni sold 1,123 shares of the stock in a transaction that occurred on Tuesday, September 9th. The shares were sold at an average price of $281.25, for a total value of $315,843.75. Following the completion of the sale, the chief accounting officer directly owned 2,389 shares of the company's stock, valued at approximately $671,906.25. This represents a 31.98% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Burlington Stores Trading Down 1.1%

BURL stock traded down $2.97 during midday trading on Tuesday, hitting $267.16. 989,823 shares of the company's stock were exchanged, compared to its average volume of 1,025,659. The business has a 50-day simple moving average of $276.68 and a two-hundred day simple moving average of $251.51. The company has a current ratio of 1.23, a quick ratio of 0.55 and a debt-to-equity ratio of 1.40. The stock has a market capitalization of $16.84 billion, a PE ratio of 31.54, a P/E/G ratio of 2.02 and a beta of 1.72. Burlington Stores, Inc. has a 1-year low of $212.92 and a 1-year high of $309.00.

Burlington Stores (NYSE:BURL - Get Free Report) last issued its quarterly earnings data on Thursday, August 28th. The company reported $1.59 earnings per share for the quarter, beating analysts' consensus estimates 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 during the quarter, compared to analysts' expectations of $2.64 billion. During the same period in the previous year, the firm posted $1.24 earnings per share. The company's 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. On average, sell-side analysts predict that Burlington Stores, Inc. will post 7.93 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Evercore ISI upped their target price on Burlington Stores from $310.00 to $370.00 and gave the company an "outperform" rating in a research report on Friday, August 29th. Barclays upped their target price on Burlington Stores from $299.00 to $336.00 and gave the company an "overweight" rating in a research report on Friday, August 29th. Jefferies Financial Group boosted their price target on Burlington Stores from $300.00 to $350.00 and gave the company a "buy" rating in a research report on Friday, August 29th. Bank of America boosted their price target 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, JPMorgan Chase & Co. boosted their price target on Burlington Stores from $280.00 to $338.00 and gave the company an "overweight" rating in a research report on Monday, July 28th. Fourteen research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average target price of $344.29.

Hedge Funds Weigh In On Burlington Stores

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Golden State Wealth Management LLC increased its position in Burlington Stores by 258.6% during the 1st quarter. Golden State Wealth Management LLC now owns 104 shares of the company's stock worth $25,000 after purchasing an additional 75 shares during the period. WPG Advisers LLC acquired a new position in Burlington Stores during the 1st quarter worth approximately $26,000. Geneos Wealth Management Inc. increased its position in Burlington Stores by 235.4% during the 2nd quarter. Geneos Wealth Management Inc. now owns 161 shares of the company's stock worth $37,000 after purchasing an additional 113 shares during the period. Thurston Springer Miller Herd & Titak Inc. increased its position in Burlington Stores by 250.9% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 186 shares of the company's stock worth $43,000 after purchasing an additional 133 shares during the period. Finally, Brooklyn Investment Group increased its position in Burlington Stores by 48.2% during the 1st quarter. Brooklyn Investment Group now owns 206 shares of the company's stock worth $49,000 after purchasing an additional 67 shares during the period.

About Burlington Stores

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.