Burlington Stores (BURL) Stock Forecast, Price & News

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Burlington Stores in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" BURL shares.
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17 brokers have issued 1 year price targets for Burlington Stores' stock. Their BURL share price forecasts range from $160.00 to $259.00. On average, they expect the company's stock price to reach $222.76 in the next year. This suggests a possible upside of 54.5% from the stock's current price.
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Burlington Stores' stock was trading at $202.76 at the start of the year. Since then, BURL shares have decreased by 28.9% and is now trading at $144.19.
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Burlington Stores saw a drop in short interest in May. As of May 15th, there was short interest totaling 2,700,000 shares, a drop of 13.2% from the April 30th total of 3,110,000 shares. Based on an average daily volume of 1,050,000 shares, the short-interest ratio is presently 2.6 days. Currently, 4.2% of the shares of the stock are sold short.
View Burlington Stores' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 24th 2023.
View our BURL earnings forecast.

Burlington Stores, Inc. (NYSE:BURL) posted its quarterly earnings data on Thursday, May, 25th. The company reported $0.84 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.93 by $0.09. The company earned $2.13 billion during the quarter, compared to analyst estimates of $2.18 billion. Burlington Stores had a trailing twelve-month return on equity of 41.79% and a net margin of 2.77%. The firm's quarterly revenue was up 10.8% on a year-over-year basis. During the same period last year, the company earned $0.54 earnings per share.

ETFs with the largest weight of Burlington Stores (NYSE:BURL) stock in their portfolio include Thrivent Small-Mid Cap ESG ETF (TSME), Pinnacle Focused Opportunities ETF (FCUS), SPDR S&P Retail ETF (XRT), Logan Capital Broad Innovative Growth ETF (LCLG), Nuveen Growth Opportunities ETF (NUGO), Direxion Daily Retail Bull 3X Shares (RETL), IQ Candriam ESG U.S. Mid Cap Equity ETF (IQSM) and iShares U.S. Consumer Focused ETF (IEDI).

Burlington Stores updated its second quarter 2023 earnings guidance on Tuesday, May, 30th. The company provided EPS guidance of $0.35-$0.45 for the period, compared to the consensus estimate of $0.68. The company issued revenue guidance of $2.15 billion-$2.19 billion, compared to the consensus revenue estimate of $2.19 billion.

178 employees have rated Burlington Stores Chief Executive Officer Michael O’Sullivan on Glassdoor.com. Michael O’Sullivan has an approval rating of 71% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Burlington Stores investors own include NVIDIA (NVDA), Alibaba Group (BABA), Home Depot (HD), Salesforce (CRM), Walt Disney (DIS), UnitedHealth Group (UNH), Boeing (BA), JPMorgan Chase & Co. (JPM), Mastercard (MA) and Netflix (NFLX).

Burlington Stores trades on the New York Stock Exchange (NYSE) under the ticker symbol "BURL."

Burlington Stores' stock is owned by many different retail and institutional investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (9.93%), Geode Capital Management LLC (1.35%), Bessemer Group Inc. (1.12%), DSM Capital Partners LLC (0.90%), Renaissance Technologies LLC (0.81%) and Susquehanna International Group LLP (0.00%). Insiders that own company stock include Dennis Hodgson, Fred Hand, Jeffrey Laub, Jennifer Vecchio, John Crimmins, Joyce Manning Magrini and William P Mcnamara.
View institutional ownership trends.

Shares of BURL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BURL stock can currently be purchased for approximately $144.19.

Burlington Stores (NYSE:BURL) has a market capitalization of $9.36 billion and generates $8.70 billion in revenue each year. The company earns $230.12 million in net income (profit) each year or $3.77 on an earnings per share basis.

The company employs 61,166 workers across the globe.

Burlington Stores' mailing address is 2006 ROUTE 130 NORTH, BURLINGTON NJ, 08016. The official website for the company is www.burlingtoncoatfactory.com. The company can be reached via phone at (609) 387-7800 or via email at info@burlingtoninvestors.com.