Zacks Research Cuts Earnings Estimates for Burlington Stores

Burlington Stores, Inc. (NYSE:BURL) – Stock analysts at Zacks Research cut their Q3 2027 EPS estimates for shares of Burlington Stores in a report released on Thursday, September 10th. Zacks Research analyst Team now anticipates that the company will post earnings of $1.67 per share for the quarter, down from their previous estimate of $2.03. The consensus estimate for Burlington Stores’ current full-year earnings is $12.65 per share. Zacks Research also issued estimates for Burlington Stores’ Q1 2028 earnings at $2.06 EPS, Q2 2028 earnings at $3.18 EPS, Q3 2028 earnings at $1.84 EPS, Q4 2028 earnings at $5.74 EPS, Q2 2029 earnings at $3.63 EPS and FY2029 earnings at $14.67 EPS.

Other research analysts also recently issued reports about the company. Morgan Stanley reduced their target price on Burlington Stores from $438.00 to $432.00 and set an “overweight” rating on the stock in a report on Friday, August 28th. Deutsche Bank Aktiengesellschaft dropped their price target on Burlington Stores from $367.00 to $323.00 and set a “hold” rating for the company in a report on Friday, August 28th. Truist Financial lifted their price objective on Burlington Stores from $305.00 to $310.00 and gave the company a “hold” rating in a research report on Thursday, May 28th. Bank of America boosted their price objective on Burlington Stores from $367.00 to $375.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Finally, Sanford C. Bernstein decreased their target price on Burlington Stores from $365.00 to $355.00 and set an “outperform” rating on the stock in a report on Friday, August 28th. Fourteen analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $370.75.

Burlington Stores Price Performance

Shares of Burlington Stores stock opened at $232.12 on Monday. The company has a current ratio of 1.17, a quick ratio of 0.47 and a debt-to-equity ratio of 0.95. The stock has a market capitalization of $14.58 billion, a price-to-earnings ratio of 20.84, a P/E/G ratio of 1.37 and a beta of 1.42. Burlington Stores has a 1-year low of $231.88 and a 1-year high of $378.33. The firm’s 50-day moving average price is $323.59 and its two-hundred day moving average price is $320.61.

Burlington Stores (NYSE:BURL) last posted its earnings results on Thursday, August 27th. The company reported $2.96 earnings per share for the quarter, topping the consensus estimate of $2.19 by $0.77. Burlington Stores had a net margin of 5.85% and a return on equity of 41.72%. The business had revenue of $3 billion for the quarter, compared to analyst estimates of $3.03 billion. During the same quarter in the prior year, the firm earned $1.72 EPS. The firm’s quarterly revenue was up 11.0% compared to the same quarter last year. 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.

Insider Buying and Selling at Burlington Stores

In related news, CMO Jennifer Vecchio sold 1,678 shares of the stock in a transaction that occurred on Monday, August 3rd. The shares were 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 $28,660,015.44. This represents a 2.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 1.30% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Burlington Stores

A number of hedge funds and other institutional investors have recently bought and sold shares of BURL. Harbour Investments Inc. lifted its stake in Burlington Stores by 44.7% in the fourth quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock valued at $32,000 after buying an additional 34 shares during the period. Reflection Asset Management bought a new position in Burlington Stores in the fourth quarter valued at approximately $34,000. Larson Financial Group LLC boosted its holdings in shares of Burlington Stores by 180.0% in the fourth quarter. Larson Financial Group LLC now owns 126 shares of the company’s stock valued at $36,000 after buying an additional 81 shares during the period. SJS Investment Consulting Inc. increased its position in shares of Burlington Stores by 925.0% during the first quarter. SJS Investment Consulting Inc. now owns 205 shares of the company’s stock worth $67,000 after acquiring an additional 185 shares in the last quarter. Finally, Clearstead Advisors LLC increased its position in shares of Burlington Stores by 128.3% during the fourth quarter. Clearstead Advisors LLC now owns 242 shares of the company’s stock worth $70,000 after acquiring an additional 136 shares in the last quarter.

Burlington Stores Company Profile

Burlington Stores, Inc is an off-price retailer operating under the Burlington brand. The company sells a broad assortment of branded and private-label merchandise at discounted prices, including women’s, men’s and children’s apparel; footwear; accessories; home goods; and seasonal products.

Burlington’s merchandise assortment is designed to change frequently, with products sourced through manufacturers, wholesalers and other vendors. This flexible buying model allows the company to offer customers value-oriented selections across multiple categories while adapting its inventory to changing consumer preferences and market conditions.

The company traces its origins to 1972, when it began as a coat-focused retailer in Burlington, New Jersey, under the Burlington Coat Factory name.