Zacks Research Has Optimistic Outlook of BURL Q2 Earnings

Key Points

• Zacks Research raised its Q2 2027 EPS estimate for Burlington to $1.92 (from $1.82) and projects accelerating earnings of $11.23 for FY2027, $13.19 for FY2028 and $15.50 for FY2029.
• Wall Street sentiment is broadly positive with 15 Buy and 5 Hold ratings, a consensus rating of "Moderate Buy" and a consensus target price of $355.44; JPMorgan recently raised its price target to $365 and rated the stock "overweight."
• Burlington recently beat expectations, reporting $4.99 EPS vs. $4.70 expected and $3.65B in revenue (up 11.3% year-over-year), and reiterated FY2026 guidance of $10.95–$11.45 EPS.

Burlington Stores, Inc. (NYSE:BURL - Free Report) - Research analysts at Zacks Research upped their Q2 2027 earnings per share estimates for shares of Burlington Stores in a research note issued on Thursday, March 19th. Zacks Research analyst Team now forecasts that the company will earn $1.92 per share for the quarter, up from their previous estimate of $1.82. The consensus estimate for Burlington Stores' current full-year earnings is $7.93 per share. Zacks Research also issued estimates for Burlington Stores' Q3 2027 earnings at $2.04 EPS, Q4 2027 earnings at $5.63 EPS, FY2027 earnings at $11.23 EPS, Q2 2028 earnings at $2.33 EPS, Q3 2028 earnings at $2.44 EPS, Q4 2028 earnings at $6.51 EPS, FY2028 earnings at $13.19 EPS and FY2029 earnings at $15.50 EPS.

A number of other research firms have also recently commented on BURL. JPMorgan Chase & Co. lifted their price target on Burlington Stores from $356.00 to $365.00 and gave the stock an "overweight" rating in a report on Friday, March 6th. Sanford C. Bernstein set a $350.00 price objective on Burlington Stores and gave the company an "outperform" rating in a research report on Tuesday, January 6th. Evercore reiterated an "outperform" rating and set a $375.00 target price on shares of Burlington Stores in a research note on Thursday, March 5th. The Goldman Sachs Group set a $331.00 target price on Burlington Stores in a report on Wednesday, November 26th. Finally, Guggenheim began coverage on Burlington Stores in a research note on Tuesday, December 9th. They issued a "neutral" rating on the stock. Fifteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $355.44.

Burlington Stores Stock Down 0.4%

Shares of BURL stock opened at $310.86 on Monday. Burlington Stores has a 52-week low of $212.92 and a 52-week high of $332.20. The stock has a market cap of $19.49 billion, a price-to-earnings ratio of 32.65, a PEG ratio of 1.88 and a beta of 1.73. The firm's 50-day moving average is $304.11 and its 200-day moving average is $284.38. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.65 and a current ratio of 1.23.

Burlington Stores (NYSE:BURL - Get Free Report) last announced its quarterly earnings results on Thursday, March 5th. The company reported $4.99 EPS for the quarter, beating analysts' consensus estimates of $4.70 by $0.29. The firm had revenue of $3.65 billion during the quarter, compared to analysts' expectations of $2.77 billion. Burlington Stores had a net margin of 5.28% and a return on equity of 41.37%. The company's revenue for the quarter was up 11.3% compared to the same quarter last year. During the same quarter last year, the company posted $4.07 earnings per share. Burlington Stores has set its FY 2026 guidance at 10.950-11.450 EPS and its Q1 2026 guidance at 1.600-1.750 EPS.

Institutional Investors Weigh In On Burlington Stores

Several hedge funds have recently bought and sold shares of BURL. First Horizon Corp acquired a new position in shares of Burlington Stores in the third quarter valued at approximately $25,000. Stone House Investment Management LLC acquired a new stake in Burlington Stores during the 4th quarter worth approximately $25,000. JPL Wealth Management LLC acquired a new stake in Burlington Stores during the 3rd quarter worth approximately $28,000. Root Financial Partners LLC bought a new stake in Burlington Stores in the 3rd quarter valued at $30,000. Finally, Harbour Investments Inc. grew its holdings 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 buying an additional 34 shares in the last quarter.

About Burlington Stores

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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