Burlington Stores (NYSE:BURL) Posts Quarterly Earnings Results, Beats Expectations By $0.32 EPS

Burlington Stores (NYSE:BURL) posted its earnings results on Thursday. The company reported $4.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.75 by $0.32, Zacks reports. Burlington Stores had a return on equity of 47.52% and a net margin of 4.49%. Burlington Stores updated its FY 2025 guidance to 8.700-9.300 EPS and its Q1 2025 guidance to 1.300-1.450 EPS.

Burlington Stores Trading Up 10.9 %

BURL traded up $25.78 during trading on Thursday, reaching $262.73. The company had a trading volume of 1,611,302 shares, compared to its average volume of 953,769. 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 has a 12-month low of $174.64 and a 12-month high of $298.89. The company has a market cap of $16.68 billion, a price-to-earnings ratio of 36.21, a PEG ratio of 1.11 and a beta of 1.62. The firm’s 50-day simple moving average is $271.04 and its 200 day simple moving average is $270.02.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Morgan Stanley increased their price target on shares of Burlington Stores from $285.00 to $305.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 27th. Evercore ISI upped their price objective on shares of Burlington Stores from $315.00 to $340.00 and gave the company an “outperform” rating in a research note on Wednesday, November 27th. Citigroup raised their price target on shares of Burlington Stores from $313.00 to $344.00 and gave the company a “buy” rating in a report on Wednesday, November 27th. TD Cowen boosted their price target on Burlington Stores from $334.00 to $339.00 and gave the company a “buy” rating in a report on Thursday, December 12th. Finally, Telsey Advisory Group reissued an “outperform” rating and issued a $340.00 target price on shares of Burlington Stores in a report on Thursday. One research analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $319.87.

Insider Transactions at Burlington Stores

In other Burlington Stores news, CMO Jennifer Vecchio sold 494 shares of the business’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $284.95, for a total transaction of $140,765.30. Following the sale, the chief marketing officer now directly owns 59,437 shares of the company’s stock, valued at $16,936,573.15. 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 through this hyperlink. 0.91% of the stock is currently 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.