Zacks Research Has Pessimistic Outlook of BURL Q2 Earnings

Burlington Stores, Inc. (NYSE:BURL - Free Report) - Equities research analysts at Zacks Research decreased their Q2 2026 earnings per share estimates for Burlington Stores in a research report issued to clients and investors on Thursday, June 12th. Zacks Research analyst S. Singh now expects that the company will post earnings of $1.14 per share for the quarter, down from their prior estimate of $1.34. The consensus estimate for Burlington Stores' current full-year earnings is $7.93 per share. Zacks Research also issued estimates for Burlington Stores' Q3 2026 earnings at $1.57 EPS, Q2 2027 earnings at $1.58 EPS, Q3 2027 earnings at $2.02 EPS, FY2027 earnings at $10.96 EPS and FY2028 earnings at $13.17 EPS.

A number of other brokerages also recently commented on BURL. UBS Group boosted their price objective on shares of Burlington Stores from $360.00 to $405.00 and gave the stock a "buy" rating in a research note on Friday, March 7th. Citigroup cut their price target on Burlington Stores from $344.00 to $340.00 and set a "buy" rating on the stock in a report on Friday, March 7th. Morgan Stanley decreased their price objective on Burlington Stores from $297.00 to $269.00 and set an "overweight" rating for the company in a research note on Tuesday, May 6th. Barclays raised their price objective on Burlington Stores from $254.00 to $299.00 and gave the company an "overweight" rating in a research report on Friday, May 30th. Finally, JPMorgan Chase & Co. lifted their target price on Burlington Stores from $287.00 to $327.00 and gave the company an "overweight" rating in a research note on Monday, May 19th. One investment analyst has rated the stock with a hold rating and fourteen have issued a buy rating to the company's stock. According to MarketBeat.com, Burlington Stores currently has an average rating of "Moderate Buy" and an average target price of $317.43.

Burlington Stores Price Performance

Shares of BURL opened at $228.44 on Monday. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.54 and a current ratio of 1.17. The company has a 50 day moving average price of $239.39 and a 200-day moving average price of $256.43. Burlington Stores has a fifty-two week low of $212.92 and a fifty-two week high of $298.89. The stock has a market capitalization of $14.41 billion, a PE ratio of 31.29, a PEG ratio of 1.11 and a beta of 1.65.

Burlington Stores (NYSE:BURL - Get Free Report) last issued its earnings results on Thursday, May 29th. The company reported $1.60 earnings per share for the quarter, beating analysts' consensus estimates of $1.43 by $0.17. Burlington Stores had a return on equity of 47.52% and a net margin of 4.49%. The business had revenue of $2.50 billion during the quarter, compared to analyst estimates of $2.52 billion. During the same period in the previous year, the company posted $1.35 EPS. Burlington Stores's revenue was up 6.0% on a year-over-year basis.

Institutional Investors Weigh In On Burlington Stores

A number of large investors have recently bought and sold shares of BURL. Buckingham Capital Management Inc. raised its position in Burlington Stores by 159.0% during the 4th quarter. Buckingham Capital Management Inc. now owns 17,419 shares of the company's stock worth $4,965,000 after buying an additional 10,693 shares during the last quarter. Grandeur Peak Global Advisors LLC raised its holdings in shares of Burlington Stores by 3.0% during the fourth quarter. Grandeur Peak Global Advisors LLC now owns 45,056 shares of the company's stock worth $12,844,000 after purchasing an additional 1,305 shares during the last quarter. Principal Financial Group Inc. raised its holdings in shares of Burlington Stores by 35.3% during the fourth quarter. Principal Financial Group Inc. now owns 227,020 shares of the company's stock worth $64,714,000 after purchasing an additional 59,173 shares during the last quarter. Bain Capital Public Equity Management II LLC lifted its position in Burlington Stores by 39.5% during the fourth quarter. Bain Capital Public Equity Management II LLC now owns 456,416 shares of the company's stock valued at $130,106,000 after purchasing an additional 129,303 shares during the period. Finally, Intech Investment Management LLC boosted its holdings in Burlington Stores by 67.0% in the fourth quarter. Intech Investment Management LLC now owns 7,715 shares of the company's stock valued at $2,199,000 after purchasing an additional 3,094 shares during the last quarter.

Insider Activity at Burlington Stores

In related news, CAO Stephen Ferroni sold 450 shares of the company's stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $241.39, for a total value of $108,625.50. Following the transaction, the chief accounting officer now directly owns 2,389 shares of the company's stock, valued at $576,680.71. This represents a 15.85% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CMO Jennifer Vecchio sold 4,939 shares of Burlington Stores stock in a transaction dated Thursday, March 20th. The stock was sold at an average price of $239.94, for a total value of $1,185,063.66. Following the sale, the chief marketing officer now directly owns 70,006 shares of the company's stock, valued at approximately $16,797,239.64. This represents a 6.59% decrease in their position. The disclosure for this sale can be found here. Insiders sold 5,579 shares of company stock valued at $1,338,839 in the last three months. 1.10% of the stock is owned by insiders.

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.

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