Burlington Stores (NYSE:BURL) Upgraded at Wall Street Zen

Key Points

• Wall Street Zen upgraded Burlington Stores from hold to buy, adding to a broadly bullish analyst backdrop. Overall, 15 analysts rate the stock a Buy and the average price target is $353.56.
• Q1 results topped expectations, with EPS of $2.01 versus $1.80 expected and revenue of $2.86 billion versus $2.80 billion expected. Revenue rose 14.1% year over year, and the company extended its streak of double-digit EPS growth to 14 quarters.
• Burlington raised its outlook, guiding fiscal 2026 EPS to $11.45-$11.80 and planning 115 net new stores. Despite the strong fundamentals, the stock was reported to have sold off after earnings, suggesting investors may be cautious on valuation.

Burlington Stores (NYSE:BURL - Get Free Report) was upgraded by equities research analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a report issued on Saturday.

Several other research firms also recently weighed in on BURL. Citigroup lifted their target price on Burlington Stores from $351.00 to $380.00 and gave the stock a "buy" rating in a research report on Friday, March 6th. Barclays lifted their price objective on Burlington Stores from $365.00 to $411.00 and gave the company an "overweight" rating in a report on Tuesday. Wells Fargo & Company decreased their price objective on Burlington Stores from $400.00 to $375.00 and set an "overweight" rating for the company in a report on Friday. UBS Group restated a "buy" rating and issued a $435.00 price objective on shares of Burlington Stores in a report on Friday. Finally, Telsey Advisory Group restated an "outperform" rating and issued a $365.00 price objective on shares of Burlington Stores in a report on Tuesday, March 31st. Fifteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $353.56.

Burlington Stores Stock Up 7.8%

NYSE:BURL opened at $323.88 on Friday. Burlington Stores has a twelve month low of $218.52 and a twelve month high of $351.85. The company has a market cap of $20.35 billion, a price-to-earnings ratio of 33.29, a price-to-earnings-growth ratio of 1.79 and a beta of 1.48. The stock has a fifty day simple moving average of $320.30 and a 200-day simple moving average of $301.40. The company has a current ratio of 1.16, a quick ratio of 0.65 and a debt-to-equity ratio of 1.03.

Burlington Stores (NYSE:BURL - Get Free Report) last released its earnings results on Thursday, May 28th. The company reported $2.01 earnings per share for the quarter, topping the consensus estimate of $1.80 by $0.21. Burlington Stores had a return on equity of 39.93% and a net margin of 5.24%.The business had revenue of $2.86 billion during the quarter, compared to the consensus estimate of $2.80 billion. During the same period last year, the company earned $1.60 earnings per share. The business'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. Analysts anticipate that Burlington Stores will post 11.46 EPS for the current year.

Insider Transactions at Burlington Stores

In other Burlington Stores news, COO Travis Marquette sold 3,759 shares of Burlington Stores stock in a transaction dated Tuesday, March 24th. The stock was sold at an average price of $327.75, for a total value of $1,232,012.25. Following the transaction, the chief operating officer owned 26,350 shares in the company, 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 document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.30% of the stock is owned by company insiders.

Hedge Funds Weigh In On Burlington Stores

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Signaturefd LLC grew its stake in shares of Burlington Stores by 4.4% in the 4th quarter. Signaturefd LLC now owns 787 shares of the company's stock valued at $227,000 after purchasing an additional 33 shares during the last quarter. Harbour Investments Inc. grew its stake in shares of Burlington Stores by 44.7% in the 4th quarter. Harbour Investments Inc. now owns 110 shares of the company's stock valued at $32,000 after purchasing an additional 34 shares during the last quarter. Fifth Third Bancorp grew its stake in shares of Burlington Stores by 6.4% in the 4th quarter. Fifth Third Bancorp now owns 585 shares of the company's stock valued at $169,000 after purchasing an additional 35 shares during the last quarter. Vident Advisory LLC grew its stake 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 purchasing an additional 36 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Burlington Stores by 14.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 302 shares of the company's stock valued at $72,000 after purchasing an additional 38 shares during the last quarter.

More Burlington Stores News

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

• Positive Sentiment: Bank of America raised its price target on Burlington Stores to $375 and reiterated a buy rating, signaling confidence in further upside. Benzinga
• Positive Sentiment: Wells Fargo kept an overweight rating and lifted its target to $375, following stronger-than-expected quarterly performance and improved guidance. Tickerreport.com
• Positive Sentiment: Burlington reported first-quarter EPS of $2.01 versus $1.77 expected and revenue of $2.86 billion versus $2.80 billion expected, extending its streak of double-digit EPS growth to 14 quarters. GlobeNewswire release
• Positive Sentiment: The company raised fiscal 2026 EPS guidance to $11.45-$11.80, above consensus, and outlined plans for 115 net new stores, reinforcing the growth outlook. MSN article
• Neutral Sentiment: JPMorgan lowered its price target to $351 but maintained an overweight rating, which is still supportive despite the smaller target. Benzinga
• Neutral Sentiment: Some traders bought large volumes of put options, suggesting hedging or caution even as fundamentals improved. American Banking News
• Negative Sentiment: JPMorgan and Wells Fargo both trimmed their price targets from prior levels, indicating analysts see a bit less upside than before despite keeping bullish ratings. Benzinga
• Negative Sentiment: Reports noted the stock sold off after earnings even though Burlington beat estimates, suggesting investors may have been focused on valuation or taking profits after the run-up. Benzinga earnings article

Burlington Stores Company Profile

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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