Zacks Research Cuts Earnings Estimates for Burlington Stores

Key Points

• Zacks Research lowered its FY2027 EPS estimate for Burlington Stores to $11.69 from $11.73, below the broader consensus estimate of $12.90. It also issued estimates of $5.08 for Q4 2027, $12.82 for FY2028 and $2.40 for Q1 2029.
• Burlington reported a strong latest quarter, with EPS of $2.96 beating estimates of $2.19, while revenue rose 11% year over year to $3 billion. Management guided for FY2026 EPS of $11.77–$11.97.
• Analyst sentiment remains positive, with 14 Buy ratings and six Holds producing a “Moderate Buy” consensus and an average price target of $370.75, despite the stock opening at $238.23 and trading near its 52-week low.

Burlington Stores, Inc. (NYSE:BURL - Free Report) - Equities researchers at Zacks Research dropped their FY2027 earnings estimates for shares of Burlington Stores in a note issued to investors on Thursday, September 10th. Zacks Research analyst Team now anticipates that the company will post earnings per share of $11.69 for the year, down from their previous estimate of $11.73. The consensus estimate for Burlington Stores' current full-year earnings is $12.90 per share. Zacks Research also issued estimates for Burlington Stores' Q4 2027 earnings at $5.08 EPS, FY2028 earnings at $12.82 EPS and Q1 2029 earnings at $2.40 EPS.

A number of other analysts have also recently weighed in on the company. Barclays increased their price objective on Burlington Stores from $365.00 to $411.00 and gave the stock an "overweight" rating in a research report on Tuesday, May 26th. UBS Group boosted their target price on Burlington Stores from $435.00 to $440.00 and gave the company a "buy" rating in a report on Monday, August 17th. Deutsche Bank Aktiengesellschaft cut their price target on Burlington Stores from $367.00 to $323.00 and set a "hold" rating for the company in a research note on Friday, August 28th. Bank of America increased their price target on Burlington Stores from $367.00 to $375.00 and gave the stock a "buy" rating in a report on Friday, May 29th. Finally, Evercore reiterated an "outperform" rating and issued a $400.00 price objective on shares of Burlington Stores in a research report on Monday, August 17th. Fourteen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, Burlington Stores currently has an average rating of "Moderate Buy" and a consensus target price of $370.75.

Burlington Stores Stock Performance

NYSE BURL opened at $238.23 on Friday. The firm has a market cap of $14.96 billion, a P/E ratio of 21.39, a P/E/G ratio of 1.34 and a beta of 1.42. Burlington Stores has a 52-week low of $236.75 and a 52-week high of $378.33. The business's 50-day moving average price is $326.69 and its 200 day moving average price is $321.66. The company has a quick ratio of 0.47, a current ratio of 1.17 and a debt-to-equity ratio of 0.95.

Burlington Stores (NYSE:BURL - Get Free Report) last posted its quarterly earnings data on Thursday, August 27th. The company reported $2.96 EPS for the quarter, beating analysts' consensus estimates of $2.19 by $0.77. Burlington Stores had a net margin of 5.85% and a return on equity of 41.72%. The company had revenue of $3 billion for the quarter, compared to analyst estimates of $3.03 billion. During the same period in the previous year, the business posted $1.72 earnings per share. Burlington Stores's quarterly revenue was up 11.0% on a year-over-year basis. Burlington Stores has set its Q3 2026 guidance at 1.600-1.700 EPS and its FY 2026 guidance at 11.770-11.970 EPS.

Insider Activity

In other news, CMO Jennifer Vecchio sold 1,678 shares of the firm's stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $369.04, for a total value of $619,249.12. Following the completion of the sale, the chief marketing officer directly owned 77,661 shares of the company's stock, valued at $28,660,015.44. This trade represents a 2.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 1.30% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of BURL. California State Teachers Retirement System boosted its holdings in Burlington Stores by 33,799.1% during the second quarter. California State Teachers Retirement System now owns 28,920,038 shares of the company's stock worth $9,161,868,000 after buying an additional 28,834,726 shares in the last quarter. BlackRock Inc. acquired a new position in Burlington Stores during the second quarter worth about $2,157,518,000. Northwestern Mutual Wealth Management Co. increased its holdings in Burlington Stores by 303,059.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,912,936 shares of the company's stock valued at $552,552,000 after buying an additional 1,912,305 shares in the last quarter. Jupiter Topco LLC purchased a new position in Burlington Stores in the second quarter valued at about $283,228,000. Finally, Primecap Management Co. CA acquired a new stake in shares of Burlington Stores during the 2nd quarter valued at approximately $266,416,000.

About Burlington Stores

Burlington Stores, Inc is an off-price retailer operating under the Burlington brand. The company sells a broad assortment of branded and private-label merchandise at discounted prices, including women's, men's and children's apparel; footwear; accessories; home goods; and seasonal products.

Burlington's merchandise assortment is designed to change frequently, with products sourced through manufacturers, wholesalers and other vendors. This flexible buying model allows the company to offer customers value-oriented selections across multiple categories while adapting its inventory to changing consumer preferences and market conditions.

The company traces its origins to 1972, when it began as a coat-focused retailer in Burlington, New Jersey, under the Burlington Coat Factory name.

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