Burlington Stores (NYSE:BURL) Price Target Lowered to $318.00 at Citigroup

Burlington Stores (NYSE:BURL) had its price target lowered by equities research analysts at Citigroup from $380.00 to $318.00 in a research report issued on Friday,Benzinga reports. The firm currently has a “neutral” rating on the stock. Citigroup’s target price indicates a potential upside of 15.60% from the company’s current price.

BURL has been the subject of several other research reports. Barclays upped their price objective on shares of Burlington Stores from $365.00 to $411.00 and gave the company an “overweight” rating in a research note on Tuesday, May 26th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $323.00 target price on shares of Burlington Stores in a report on Friday. Wells Fargo & Company set a $370.00 price target on Burlington Stores in a report on Friday. Weiss Ratings upgraded Burlington Stores from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday. Finally, Evercore reissued an “outperform” rating and set a $400.00 price objective on shares of Burlington Stores in a research note on Monday, August 17th. Thirteen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $367.56.

Burlington Stores Price Performance

Shares of NYSE:BURL traded down $14.92 during trading on Friday, reaching $275.08. The stock had a trading volume of 875,825 shares, compared to its average volume of 829,117. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.49 and a current ratio of 1.16. Burlington Stores has a 1-year low of $240.49 and a 1-year high of $378.33. The stock has a market cap of $17.31 billion, a PE ratio of 28.27, a PEG ratio of 1.61 and a beta of 1.44. The business has a fifty day moving average price of $340.27 and a 200-day moving average price of $325.21.

Burlington Stores (NYSE:BURL) last announced its quarterly earnings data on Thursday, August 27th. The company reported $2.96 earnings per share for the quarter, beating analysts’ consensus estimates of $2.19 by $0.77. Burlington Stores had a return on equity of 39.93% and a net margin of 5.24%.The company had revenue of $3 billion for the quarter, compared to analyst estimates of $3.03 billion. During the same quarter last year, the firm posted $1.72 EPS. The firm’s revenue for the quarter was up 11.0% on a year-over-year basis. Burlington Stores has set its Q3 2026 guidance at 1.600-1.700 EPS and its FY 2026 guidance at 11.770-11.970 EPS. On average, equities analysts forecast that Burlington Stores will post 12.21 earnings per share for the current fiscal year.

Insider Activity

In related news, CMO Jennifer Vecchio sold 1,678 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $369.04, for a total value of $619,249.12. Following the transaction, the chief marketing officer directly owned 77,661 shares in the company, valued at approximately $28,660,015.44. This represents a 2.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Matthew Pasch sold 3,773 shares of the stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $317.21, for a total value of $1,196,833.33. Following the completion of the transaction, the insider owned 6,523 shares of the company’s stock, valued at $2,069,160.83. The trade was a 36.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 30,392 shares of company stock valued at $10,280,271 in the last 90 days. Company insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On Burlington Stores

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BURL. JPL Wealth Management LLC acquired a new position in shares of Burlington Stores in the 3rd quarter valued at $28,000. Harbour Investments Inc. grew its holdings in shares of Burlington Stores by 44.7% during the 4th quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock worth $32,000 after purchasing an additional 34 shares during the period. Reflection Asset Management acquired a new stake in shares of Burlington Stores during the 4th quarter worth about $34,000. Larson Financial Group LLC increased its position in shares of Burlington Stores by 180.0% during the 4th quarter. Larson Financial Group LLC now owns 126 shares of the company’s stock worth $36,000 after purchasing an additional 81 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised its holdings in Burlington Stores by 235.4% in the 2nd quarter. Geneos Wealth Management Inc. now owns 161 shares of the company’s stock valued at $37,000 after buying an additional 113 shares during the period.

Key Headlines Impacting Burlington Stores

Here are the key news stories impacting Burlington Stores this week:

• Positive Sentiment: Burlington reported second-quarter EPS of $2.96, well above the $2.19 analyst consensus, while revenue increased 11% year over year to approximately $3.0 billion. The company also delivered its 15th consecutive quarter of double-digit EPS growth, supported by a 100-basis-point operating-margin improvement. Burlington Stores second-quarter results
• Positive Sentiment: Management raised full-year fiscal 2026 adjusted EPS guidance to $11.77–$11.97, above the roughly $11.23 consensus, and expects revenue of $12.7–$12.8 billion. This suggests continued confidence in sales growth and margin expansion. Burlington Stores earnings guidance
• Positive Sentiment: The retailer plans to use tariff refunds to reduce prices, potentially supporting customer traffic and value perception. Burlington is also continuing its expansion, with 20 stores scheduled to open across 12 states in September. Burlington tariff refunds
• Neutral Sentiment: Morgan Stanley lowered its price target from $438 to $432 but maintained an Overweight rating. The revised target still implies substantial upside, although the reduction reflects more cautious near-term expectations. Morgan Stanley Burlington rating
• Negative Sentiment: Third-quarter EPS guidance of $1.60–$1.70 came in well below the approximately $2.04 analyst consensus. Comparable-store sales growth also slowed to 2%, versus 5% in the prior-year period, raising concerns about momentum despite strong total sales growth. Burlington third-quarter guidance
• Negative Sentiment: Second-quarter revenue of about $3.0 billion was slightly below the $3.03 billion estimate. Investors appear to be treating the revenue shortfall and weak near-term forecast as more important than the earnings beat, prompting the recent pressure on BURL shares. Burlington earnings and tariff costs

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.