Burlington Stores (NYSE:BURL) Stock Price Expected to Rise, Bank of America Analyst Says

Key Points

• Bank of America raised its price target on Burlington Stores to $375 from $367 and kept a buy rating, implying about 17.9% upside from the current price.
• Burlington’s latest quarter beat expectations, with EPS of $2.01 on $2.86 billion in revenue, and the company also posted 14.1% revenue growth year over year.
• The company raised FY2026 guidance to $11.45–$11.80 EPS and said it plans to open 115 net new stores, signaling confidence in continued growth.

Burlington Stores (NYSE:BURL - Get Free Report) had its target price lifted by analysts at Bank of America from $367.00 to $375.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage presently has a "buy" rating on the stock. Bank of America's price objective indicates a potential upside of 17.87% from the stock's current price.

Several other brokerages have also recently weighed in on BURL. Wells Fargo & Company reduced their price target on shares of Burlington Stores from $400.00 to $375.00 and set an "overweight" rating on the stock in a research report on Friday. Barclays boosted their price target on shares of Burlington Stores from $365.00 to $411.00 and gave the stock an "overweight" rating in a research report on Tuesday. Citigroup boosted their price target on shares of Burlington Stores from $351.00 to $380.00 and gave the stock a "buy" rating in a research report on Friday, March 6th. UBS Group restated a "buy" rating and issued a $435.00 price target on shares of Burlington Stores in a research report on Friday. Finally, Truist Financial boosted their price target on shares of Burlington Stores from $305.00 to $310.00 and gave the stock a "hold" rating in a research report on Thursday. Sixteen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $351.00.

Burlington Stores Price Performance

Shares of Burlington Stores stock traded up $17.61 on Friday, hitting $318.13. 997,829 shares of the company traded hands, compared to its average volume of 815,386. The stock has a market capitalization of $19.99 billion, a P/E ratio of 33.36, a price-to-earnings-growth ratio of 1.97 and a beta of 1.48. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.65 and a current ratio of 1.23. Burlington Stores has a 52 week low of $218.52 and a 52 week high of $351.85. The business has a 50-day simple moving average of $319.83 and a 200 day simple moving average of $301.24.

Burlington Stores (NYSE:BURL - Get Free Report) last released its quarterly earnings data on Thursday, May 28th. The company reported $2.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.77 by $0.24. Burlington Stores had a net margin of 5.28% and a return on equity of 41.37%. The firm had revenue of $2.86 billion for the quarter, compared to analysts' expectations of $2.80 billion. During the same quarter last year, the business posted $1.67 earnings per share. The company's revenue for the quarter was up 14.1% compared to the same quarter last year. Burlington Stores has set its Q2 2026 guidance at 2.050-2.200 EPS and its FY 2026 guidance at 11.450-11.800 EPS. Research analysts expect that Burlington Stores will post 11.3 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Burlington Stores news, COO Travis Marquette sold 3,759 shares of Burlington Stores stock in a transaction on Tuesday, March 24th. The shares were sold at an average price of $327.75, for a total transaction of $1,232,012.25. Following the completion of the transaction, the chief operating officer directly owned 26,350 shares of the company's stock, valued at $8,636,212.50. The trade was a 12.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.30% of the stock is owned by insiders.

Institutional Trading of Burlington Stores

A number of large investors have recently made changes to their positions in BURL. Northwestern Mutual Wealth Management Co. increased its stake in shares of Burlington Stores by 303,059.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,912,936 shares of the company's stock worth $552,552,000 after acquiring an additional 1,912,305 shares during the last quarter. Norges Bank acquired a new position in Burlington Stores during the fourth quarter worth approximately $224,971,000. Alyeska Investment Group L.P. increased its position in Burlington Stores by 103.5% during the fourth quarter. Alyeska Investment Group L.P. now owns 1,285,336 shares of the company's stock worth $371,269,000 after buying an additional 653,718 shares during the period. T. Rowe Price Investment Management Inc. increased its position in Burlington Stores by 15.8% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 2,828,877 shares of the company's stock worth $817,122,000 after buying an additional 386,615 shares during the period. Finally, Wellington Management Group LLP increased its position in Burlington Stores by 121.0% during the fourth quarter. Wellington Management Group LLP now owns 595,961 shares of the company's stock worth $172,143,000 after buying an additional 326,328 shares during the period.

Key Burlington Stores News

Here are the key news stories impacting Burlington Stores this week:

• Positive Sentiment: Burlington posted Q1 EPS of $2.01 on revenue of $2.86 billion, both ahead of estimates, and highlighted 14 consecutive quarters of double-digit EPS growth. Article Title
• Positive Sentiment: The company raised full-year FY2026 guidance, now expecting EPS of $11.45 to $11.80 and revenue of $12.6 billion to $12.8 billion, signaling confidence in continued sales and margin strength. Article Title
• Positive Sentiment: Analysts at JPMorgan and Wells Fargo both kept overweight ratings while lowering price targets to $351 and $375, respectively, still implying upside from current levels. Article Title
• Neutral Sentiment: Management also outlined a plan for 115 net new stores in FY2026, which supports growth but may require continued capital spending and execution. Article Title
• Negative Sentiment: Despite the beat-and-raise quarter, the stock has been weaker as some investors appear to be taking profits, and there was notable put-option activity ahead of the report. Article Title

About Burlington Stores

Burlington Stores, Inc is an American off-price retailer that sells apparel and home goods at discounted prices. The company's merchandise assortment includes clothing for women, men and children, plus baby products, footwear, accessories, beauty items, toys and home décor. Burlington's merchandising strategy focuses on offering branded and private-label goods at lower prices than traditional department stores by sourcing excess inventory, closeouts and opportunistic buys from manufacturers and other retailers.

The business traces its roots to the Burlington Coat Factory name established in the early 1970s and has since evolved into a broader off-price retailer that carries a wide range of seasonal and everyday merchandise.

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