Weiss Ratings Reiterates Hold (C+) Rating for Burlington Stores (NYSE:BURL)

Key Points

• Weiss Ratings has reiterated a "hold (C+)" rating for Burlington Stores, indicating a cautious stance on the stock's performance.
• Recent analyst reports show increased price targets from multiple firms, with UBS Group raising its target from $390 to $430, reflecting positive market sentiment.
• Burlington Stores reported strong earnings of $1.59 per share, exceeding estimates, and its revenue rose by 9.7% year-over-year, showcasing solid financial health.

Burlington Stores (NYSE:BURL - Get Free Report)'s stock had its "hold (c+)" rating reissued by research analysts at Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.

Other analysts also recently issued reports about the company. UBS Group lifted their price objective on Burlington Stores from $390.00 to $430.00 and gave the company a "buy" rating in a report on Friday, August 29th. Telsey Advisory Group reissued an "outperform" rating and set a $350.00 price objective (up from $300.00) on shares of Burlington Stores in a report on Thursday, August 28th. The Goldman Sachs Group lowered their target price on Burlington Stores from $317.00 to $316.00 and set a "buy" rating for the company in a report on Tuesday, July 22nd. Wells Fargo & Company upped their target price on Burlington Stores from $300.00 to $330.00 and gave the stock an "overweight" rating in a report on Thursday, August 28th. Finally, Bank of America lifted their target price on Burlington Stores from $350.00 to $363.00 and gave the company a "buy" rating in a research note on Friday, August 29th. Fourteen investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Burlington Stores has a consensus rating of "Moderate Buy" and an average price target of $344.29.

Burlington Stores Trading Up 3.6%

Shares of NYSE:BURL traded up $9.42 on Wednesday, hitting $269.32. 804,385 shares of the company's stock were exchanged, compared to its average volume of 1,112,382. Burlington Stores has a 12 month low of $212.92 and a 12 month high of $309.00. The stock has a market capitalization of $16.98 billion, a price-to-earnings ratio of 31.80, a price-to-earnings-growth ratio of 1.96 and a beta of 1.74. The business's 50 day simple moving average is $274.72 and its two-hundred day simple moving average is $253.95. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.23 and a quick ratio of 0.55.

Burlington Stores (NYSE:BURL - Get Free Report) last released its earnings results on Thursday, August 28th. The company reported $1.59 earnings per share for the quarter, topping the consensus estimate of $1.27 by $0.32. Burlington Stores had a return on equity of 42.74% and a net margin of 4.96%.The business had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $2.64 billion. During the same period last year, the company earned $1.24 earnings per share. The business's revenue for the quarter was up 9.7% compared to the same quarter last year. Burlington Stores has set its Q3 2025 guidance at 1.5-1.600 EPS. FY 2025 guidance at 9.190-9.590 EPS. Analysts anticipate that Burlington Stores will post 7.93 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CAO Stephen Ferroni sold 1,123 shares of the company's stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $281.25, for a total value of $315,843.75. Following the sale, the chief accounting officer directly owned 2,389 shares of the company's stock, valued at $671,906.25. This represents a 31.98% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.10% of the company's stock.

Institutional Trading of Burlington Stores

Hedge funds have recently bought and sold shares of the business. Dimensional Fund Advisors LP boosted its position in shares of Burlington Stores by 3.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 689,831 shares of the company's stock valued at $164,393,000 after acquiring an additional 21,548 shares during the last quarter. Flagship Harbor Advisors LLC boosted its stake in Burlington Stores by 14.2% during the first quarter. Flagship Harbor Advisors LLC now owns 895 shares of the company's stock worth $213,000 after buying an additional 111 shares during the period. Jump Financial LLC acquired a new stake in shares of Burlington Stores during the first quarter valued at about $286,000. Raymond James Financial Inc. lifted its holdings in shares of Burlington Stores by 11.5% in the 1st quarter. Raymond James Financial Inc. now owns 67,759 shares of the company's stock worth $16,148,000 after acquiring an additional 6,965 shares during the last quarter. Finally, Asset Management One Co. Ltd. lifted its holdings in shares of Burlington Stores by 5.4% in the 1st quarter. Asset Management One Co. Ltd. now owns 23,914 shares of the company's stock worth $5,699,000 after acquiring an additional 1,225 shares during the last quarter.

About Burlington Stores

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.

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