Burlington Stores (NYSE:BURL) Hits New 52-Week Low - Should You Sell?

Key Points

• Burlington Stores shares fell to a new 52-week low of $240.44, well below their 50-day and 200-day moving averages of $329.72 and $322.71, respectively.
• Despite the selloff, analysts remain broadly positive: 14 rate the stock Buy and six Hold, producing a “Moderate Buy” consensus and an average price target of $370.75.
• The company recently exceeded quarterly EPS expectations, reporting $2.96 versus the $2.19 consensus, while revenue rose 11% year over year to $3 billion; however, insiders sold $9.1 million of stock in the latest quarter.

Burlington Stores, Inc. (NYSE:BURL - Get Free Report) shares hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $240.44 and last traded at $239.0910, with a volume of 1351451 shares trading hands. The stock had previously closed at $255.42.

Analysts Set New Price Targets

Several equities analysts have issued reports on BURL shares. Morgan Stanley decreased their price objective on shares of Burlington Stores from $438.00 to $432.00 and set an "overweight" rating for the company in a research note on Friday, August 28th. Evercore reiterated an "outperform" rating and issued a $400.00 price objective on shares of Burlington Stores in a research note on Monday, August 17th. Weiss Ratings raised Burlington Stores from a "buy (b-)" rating to a "buy (b)" rating in a report on Wednesday, August 26th. The Goldman Sachs Group cut their target price on shares of Burlington Stores from $394.00 to $382.00 and set a "buy" rating on the stock in a report on Monday, August 31st. Finally, Jefferies Financial Group upped their price target on shares of Burlington Stores from $365.00 to $410.00 and gave the company a "buy" rating in a research report on Friday, August 14th. Fourteen analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $370.75.

Burlington Stores Stock Performance

The stock has a 50 day moving average of $329.72 and a two-hundred day moving average of $322.71. The stock has a market capitalization of $15.02 billion, a PE ratio of 21.46, a P/E/G ratio of 1.49 and a beta of 1.42. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.17 and a quick ratio of 0.47.

Burlington Stores (NYSE:BURL - Get Free Report) last released its quarterly earnings data on Thursday, August 27th. The company reported $2.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.19 by $0.77. The firm had revenue of $3 billion during the quarter, compared to analysts' expectations of $3.03 billion. Burlington Stores had a return on equity of 41.72% and a net margin of 5.85%.Burlington Stores's revenue was up 11.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.72 earnings per share. 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. Research analysts expect that Burlington Stores, Inc. will post 12.9 EPS for the current fiscal year.

Insider Activity

In other Burlington Stores news, CAO Stephen Ferroni sold 2,343 shares of the company's stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $337.22, for a total transaction of $790,106.46. Following the transaction, the chief accounting officer directly owned 1,391 shares in the company, valued at approximately $469,073.02. This represents a 62.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CMO Jennifer Vecchio sold 1,678 shares of the stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $369.04, for a total transaction of $619,249.12. Following the completion of the transaction, the chief marketing officer directly owned 77,661 shares of the company's stock, valued at approximately $28,660,015.44. This trade represents a 2.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 26,619 shares of company stock valued at $9,083,438 in the last quarter. Company insiders own 1.30% of the company's stock.

Hedge Funds Weigh In On Burlington Stores

Several hedge funds and other institutional investors have recently bought and sold shares of BURL. JPL Wealth Management LLC purchased a new position in shares of Burlington Stores in the third quarter valued at $28,000. Harbour Investments Inc. grew its stake in 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 acquiring an additional 34 shares during the last quarter. Reflection Asset Management acquired a new stake in Burlington Stores in the 4th quarter valued at about $34,000. Larson Financial Group LLC grew its position in shares of Burlington Stores by 180.0% in the fourth quarter. Larson Financial Group LLC now owns 126 shares of the company's stock valued at $36,000 after purchasing an additional 81 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised its position in shares of 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 last quarter.

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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