Weekly Research Analysts’ Ratings Changes for Burlington Stores (BURL)

A number of firms have modified their ratings and price targets on shares of Burlington Stores (NYSE: BURL) recently:

• 12/12/2024 – Burlington Stores had its price target raised by analysts at TD Cowen from $334.00 to $339.00. They now have a “buy” rating on the stock.
• 11/27/2024 – Burlington Stores had its price target raised by analysts at Morgan Stanley from $285.00 to $305.00. They now have an “overweight” rating on the stock.
• 11/27/2024 – Burlington Stores had its price target lowered by analysts at Barclays PLC from $327.00 to $317.00. They now have an “overweight” rating on the stock.
• 11/27/2024 – Burlington Stores had its price target raised by analysts at Evercore ISI from $315.00 to $340.00. They now have an “outperform” rating on the stock.
• 11/27/2024 – Burlington Stores had its price target raised by analysts at Robert W. Baird from $315.00 to $330.00. They now have an “outperform” rating on the stock.
• 11/27/2024 – Burlington Stores had its price target raised by analysts at Citigroup Inc. from $313.00 to $344.00. They now have a “buy” rating on the stock.
• 11/26/2024 – Burlington Stores had its “outperform” rating reaffirmed by analysts at Telsey Advisory Group. They now have a $310.00 price target on the stock.
• 11/25/2024 – Burlington Stores had its price target raised by analysts at TD Cowen from $288.00 to $334.00. They now have a “buy” rating on the stock.
• 11/14/2024 – Burlington Stores had its price target raised by analysts at UBS Group AG from $270.00 to $280.00. They now have a “neutral” rating on the stock.
• 10/23/2024 – Burlington Stores was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.

Burlington Stores Trading Up 0.0 %

Burlington Stores stock opened at $289.97 on Monday. The stock has a market cap of $18.41 billion, a P/E ratio of 39.72, a PEG ratio of 1.58 and a beta of 1.64. Burlington Stores, Inc. has a fifty-two week low of $174.64 and a fifty-two week high of $298.89. The firm’s fifty day moving average price is $267.64 and its 200-day moving average price is $258.17. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.54 and a current ratio of 1.17.

Burlington Stores (NYSE:BURL) last posted its quarterly earnings data on Tuesday, November 26th. The company reported $1.55 earnings per share for the quarter, topping the consensus estimate of $1.54 by $0.01. Burlington Stores had a net margin of 4.49% and a return on equity of 47.52%. The company had revenue of $2.53 billion for the quarter, compared to analysts’ expectations of $2.55 billion. During the same period in the prior year, the business earned $0.98 earnings per share. Burlington Stores’s revenue for the quarter was up 10.5% compared to the same quarter last year. Equities research analysts forecast that Burlington Stores, Inc. will post 7.93 earnings per share for the current fiscal year.

Insider Activity at Burlington Stores

In other Burlington Stores news, CMO Jennifer Vecchio sold 494 shares of Burlington Stores stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $293.89, for a total value of $145,181.66. Following the transaction, the chief marketing officer now directly owns 59,931 shares of the company’s stock, valued at $17,613,121.59. The trade was a 0.82 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Paul Sullivan sold 1,705 shares of the company’s stock in a transaction on Thursday, September 19th. The shares were sold at an average price of $277.05, for a total transaction of $472,370.25. Following the sale, the director now owns 7,393 shares of the company’s stock, valued at $2,048,230.65. This represents a 18.74 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 2,283 shares of company stock valued at $638,628 over the last 90 days. 0.91% of the stock is owned by insiders.

Institutional Investors Weigh In On Burlington Stores

A number of large investors have recently made changes to their positions in the business. Crewe Advisors LLC purchased a new position in shares of Burlington Stores in the 2nd quarter valued at approximately $25,000. RPg Family Wealth Advisory LLC bought a new stake in shares of Burlington Stores during the 3rd quarter valued at $26,000. Brooklyn Investment Group purchased a new stake in shares of Burlington Stores in the 3rd quarter worth about $33,000. Blue Trust Inc. increased its stake in shares of Burlington Stores by 619.2% in the 2nd quarter. Blue Trust Inc. now owns 187 shares of the company’s stock worth $43,000 after acquiring an additional 161 shares in the last quarter. Finally, American National Bank purchased a new stake in Burlington Stores in the second quarter worth about $47,000.

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.