JPMorgan Chase & Co. Has Lowered Expectations for Burlington Stores (NYSE:BURL) Stock Price

Key Points

• JPMorgan lowered its price target on Burlington Stores from $374 to $351, while keeping an overweight rating on the stock. The new target still implies about 12% upside from the current price.
• Burlington recently beat first-quarter earnings and revenue estimates, reporting $2.01 EPS on $2.86 billion in sales, and it also raised its guidance for Q2 and the full year.
• Despite the strong results, sentiment is mixed: some analysts remain bullish, but the stock has also seen a recent downgrade from Wall Street Zen and signs of investor caution around valuation.

Burlington Stores (NYSE:BURL - Get Free Report) had its price target cut by investment analysts at JPMorgan Chase & Co. from $374.00 to $351.00 in a research note issued to investors on Friday,Benzinga reports. The firm currently has an "overweight" rating on the stock. JPMorgan Chase & Co.'s price target suggests a potential upside of 12.16% from the stock's current price.

Several other equities research analysts have also weighed in on BURL. Wall Street Zen lowered Burlington Stores from a "buy" rating to a "hold" rating in a report on Saturday, April 25th. Jefferies Financial Group reaffirmed a "buy" rating and set a $370.00 target price on shares of Burlington Stores in a report on Thursday, March 5th. Evercore restated an "outperform" rating and issued a $375.00 price objective on shares of Burlington Stores in a research report on Thursday, March 5th. Robert W. Baird boosted their target price on Burlington Stores from $345.00 to $375.00 and gave the stock an "outperform" rating in a research report on Friday, March 6th. Finally, UBS Group restated a "buy" rating on shares of Burlington Stores in a research report on Friday. Sixteen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, Burlington Stores presently has an average rating of "Moderate Buy" and a consensus target price of $354.94.

Burlington Stores Stock Performance

Shares of NYSE BURL traded up $12.43 during mid-day trading on Friday, reaching $312.95. 589,141 shares of the company's stock were exchanged, compared to its average volume of 811,187. The firm has a market capitalization of $19.66 billion, a price-to-earnings ratio of 33.06, a price-to-earnings-growth ratio of 1.97 and a beta of 1.48. Burlington Stores has a 52 week low of $218.52 and a 52 week high of $351.85. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.23 and a quick ratio of 0.65. The firm has a 50-day moving average price of $319.83 and a two-hundred day moving average price of $301.24.

Burlington Stores (NYSE:BURL - Get Free Report) last released its earnings results on Thursday, May 28th. The company reported $2.01 EPS for the quarter, topping analysts' consensus estimates of $1.77 by $0.24. Burlington Stores had a return on equity of 41.37% and a net margin of 5.28%.The company had revenue of $2.86 billion for the quarter, compared to analysts' expectations of $2.80 billion. During the same period in the previous year, the business posted $1.67 EPS. 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 predict that Burlington Stores will post 11.3 EPS for the current year.

Insider Activity at Burlington Stores

In related news, COO Travis Marquette sold 3,759 shares of the company's stock in a transaction that occurred on Tuesday, March 24th. The stock was 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 owned 26,350 shares in the company, valued at $8,636,212.50. This represents a 12.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.30% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Burlington Stores

Hedge funds and other institutional investors have recently made changes to their positions in the business. Signaturefd LLC increased its position in Burlington Stores by 4.4% during the 4th quarter. Signaturefd LLC now owns 787 shares of the company's stock valued at $227,000 after buying an additional 33 shares in the last quarter. Harbour Investments Inc. increased its position in Burlington Stores by 44.7% during the 4th quarter. Harbour Investments Inc. now owns 110 shares of the company's stock valued at $32,000 after buying an additional 34 shares in the last quarter. Fifth Third Bancorp increased its position in Burlington Stores by 6.4% during the 4th quarter. Fifth Third Bancorp now owns 585 shares of the company's stock valued at $169,000 after buying an additional 35 shares in the last quarter. Vident Advisory LLC increased its position in Burlington Stores by 1.1% during the 2nd quarter. Vident Advisory LLC now owns 3,330 shares of the company's stock valued at $775,000 after buying an additional 36 shares in the last quarter. Finally, Archer Investment Corp increased its position in Burlington Stores by 6.1% during the 3rd quarter. Archer Investment Corp now owns 640 shares of the company's stock valued at $163,000 after buying an additional 37 shares in the last quarter.

Key Headlines Impacting Burlington Stores

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

• Positive Sentiment: First-quarter results beat expectations on both earnings and revenue, showing continued momentum in Burlington’s off-price business.
• Positive Sentiment: Management raised second-quarter and full-year profit guidance, which typically supports the stock by improving visibility into future performance.
• Positive Sentiment: Strong consumer demand for value-priced retail appears to be helping Burlington gain from inflation-sensitive shoppers.
• Neutral Sentiment: The company outlined plans for 115 net new stores in 2026, indicating growth potential but also ongoing execution and capital needs.
• Negative Sentiment: Some trading commentary noted unusual put-option buying and a selloff despite the beat, suggesting investors may be cautious about valuation or near-term expectations.

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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