Burlington Stores' (BURL) Outperform Rating Reaffirmed at Telsey Advisory Group

Key Points

• Telsey Advisory Group has reaffirmed an "outperform" rating for Burlington Stores (NYSE:BURL) and set a price target of $300.00, indicating a potential upside of 7.04% from its current price.
• Several analysts have adjusted their price targets recently, with a consensus target of $318.92 and 13 analysts rating the stock as a Buy.
• Burlington Stores reported a net margin of 4.88% and earnings of $1.60 per share, outperforming analysts' estimates of $1.43 per share for the last quarter.

Burlington Stores (NYSE:BURL - Get Free Report)'s stock had its "outperform" rating reissued by equities researchers at Telsey Advisory Group in a research report issued on Thursday, Marketbeat Ratings reports. They currently have a $300.00 target price on the stock. Telsey Advisory Group's price objective points to a potential upside of 5.56% from the company's current price.

A number of other research firms have also weighed in on BURL. JPMorgan Chase & Co. upped their target price on shares of Burlington Stores from $280.00 to $338.00 and gave the stock an "overweight" rating in a report on Monday, July 28th. Morgan Stanley decreased their target price on shares of Burlington Stores from $297.00 to $269.00 and set an "overweight" rating on the stock in a report on Tuesday, May 6th. The Goldman Sachs Group decreased their target price on shares of Burlington Stores from $317.00 to $316.00 and set a "buy" rating on the stock in a report on Tuesday, July 22nd. Barclays boosted their price target on shares of Burlington Stores from $254.00 to $299.00 and gave the stock an "overweight" rating in a research note on Friday, May 30th. Finally, Evercore ISI cut their price target on shares of Burlington Stores from $345.00 to $310.00 and set an "outperform" rating for the company in a research note on Friday, May 30th. Fourteen research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price of $340.71.

Burlington Stores Stock Performance

Shares of NYSE BURL traded down $11.07 during midday trading on Thursday, hitting $284.21. The company's stock had a trading volume of 608,150 shares, compared to its average volume of 1,128,072. The stock has a fifty day moving average price of $264.27 and a 200 day moving average price of $247.93. The company has a current ratio of 1.06, a quick ratio of 0.39 and a debt-to-equity ratio of 1.21. The firm has a market capitalization of $17.93 billion, a price-to-earnings ratio of 34.87, a P/E/G ratio of 2.43 and a beta of 1.69. Burlington Stores has a one year low of $212.92 and a one year high of $309.00.

Burlington Stores (NYSE:BURL - Get Free Report) last posted its earnings results on Thursday, August 28th. The company reported $1.59 earnings per share for the quarter, topping analysts' consensus estimates of $1.27 by $0.32. The business had revenue of $2.70 billion for the quarter, compared to analyst estimates of $2.64 billion. Burlington Stores had a net margin of 4.88% and a return on equity of 44.03%. Burlington Stores's revenue was up 9.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.24 EPS. Burlington Stores has set its Q3 2025 guidance at 1.5-1.600 EPS. FY 2025 guidance at 9.190-9.590 EPS. On average, research analysts forecast that Burlington Stores will post 7.93 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CAO Stephen Ferroni sold 450 shares of the company's stock in a transaction on Thursday, June 5th. The shares were sold at an average price of $241.39, for a total value of $108,625.50. Following the completion of the sale, the chief accounting officer owned 2,389 shares of the company's stock, valued at approximately $576,680.71. This represents a 15.85% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CMO Jennifer Vecchio sold 420 shares of the company's stock in a transaction on Tuesday, July 1st. The shares were sold at an average price of $236.64, for a total transaction of $99,388.80. Following the completion of the sale, the chief marketing officer directly owned 65,429 shares of the company's stock, valued at $15,483,118.56. This trade represents a 0.64% decrease in their position. The disclosure for this sale can be found here. 1.10% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Burlington Stores

Institutional investors have recently made changes to their positions in the business. Golden State Wealth Management LLC boosted its stake in shares of Burlington Stores by 258.6% in the 1st quarter. Golden State Wealth Management LLC now owns 104 shares of the company's stock valued at $25,000 after purchasing an additional 75 shares in the last quarter. WPG Advisers LLC bought a new stake in Burlington Stores during the 1st quarter valued at $26,000. Geneos Wealth Management Inc. raised its holdings in Burlington Stores by 235.4% during the 2nd quarter. Geneos Wealth Management Inc. now owns 161 shares of the company's stock valued at $37,000 after buying an additional 113 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its holdings in Burlington Stores by 250.9% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 186 shares of the company's stock valued at $43,000 after buying an additional 133 shares during the last quarter. Finally, Brooklyn Investment Group raised its holdings in Burlington Stores by 48.2% during the 1st quarter. Brooklyn Investment Group now owns 206 shares of the company's stock valued at $49,000 after buying an additional 67 shares during the last quarter.

Burlington Stores Company Profile

Burlington Stores, Inc operates as a retailer of branded merchandise in the United States. The company provides fashion-focused merchandise, including women's ready-to-wear apparel, menswear, youth apparel, footwear, accessories, toys, gifts, and coats, as well as baby, home, and beauty products.