Burlington Stores’ (BURL) Outperform Rating Reaffirmed at Telsey Advisory Group

Burlington Stores (NYSE:BURL)‘s stock had its “outperform” rating reaffirmed by equities research analysts at Telsey Advisory Group in a report released on Tuesday,Benzinga reports. They presently have a $350.00 price objective on the stock. Telsey Advisory Group’s price objective points to a potential upside of 39.52% from the company’s current price.

BURL has been the subject of several other research reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Burlington Stores in a research note on Wednesday, October 8th. BTIG Research started coverage on Burlington Stores in a report on Tuesday, October 14th. They set a “neutral” rating for the company. Morgan Stanley raised their price target on Burlington Stores from $328.00 to $330.00 and gave the company an “overweight” rating in a report on Wednesday, November 5th. Barclays upped their price objective on Burlington Stores from $299.00 to $336.00 and gave the stock an “overweight” rating in a report on Friday, August 29th. Finally, UBS Group reaffirmed a “buy” rating on shares of Burlington Stores in a report on Monday, November 17th. Fourteen research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $344.14.

Burlington Stores Stock Down 11.8%

BURL traded down $33.61 on Tuesday, reaching $250.87. The company’s stock had a trading volume of 1,079,952 shares, compared to its average volume of 1,086,874. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.23 and a quick ratio of 0.55. Burlington Stores has a 1 year low of $212.92 and a 1 year high of $309.00. The business’s 50 day moving average is $270.51 and its 200 day moving average is $264.05. The stock has a market cap of $15.81 billion, a price-to-earnings ratio of 29.80, a price-to-earnings-growth ratio of 2.22 and a beta of 1.74.

Burlington Stores (NYSE:BURL) last issued its quarterly earnings results on Tuesday, November 25th. The company reported $1.68 EPS for the quarter, topping the consensus estimate of $1.59 by $0.09. Burlington Stores had a net margin of 4.96% and a return on equity of 42.74%. The business had revenue of $2.71 billion for the quarter, compared to analysts’ expectations of $2.74 billion. During the same quarter last year, the company posted $1.55 earnings per share. The company’s quarterly revenue was up 7.1% compared to the same quarter last year. Burlington Stores has set its Q4 2025 guidance at 4.500-4.70 EPS. FY 2025 guidance at 9.690-9.890 EPS. As a group, research analysts forecast that Burlington Stores will post 7.93 EPS for the current fiscal year.

Insider Transactions at Burlington Stores

In other Burlington Stores news, CAO Stephen Ferroni sold 1,123 shares of the stock in a transaction that occurred on Tuesday, September 9th. The shares were sold at an average price of $281.25, for a total transaction of $315,843.75. Following the completion of the sale, the chief accounting officer owned 2,389 shares of the company’s stock, valued at approximately $671,906.25. This represents a 31.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CMO Jennifer Vecchio sold 419 shares of the firm’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $274.48, for a total transaction of $115,007.12. Following the completion of the sale, the chief marketing officer owned 63,751 shares of the company’s stock, valued at $17,498,374.48. The trade was a 0.65% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,626 shares of company stock valued at $452,804 over the last 90 days. 1.10% of the stock is owned by corporate insiders.

Institutional Trading of Burlington Stores

A number of institutional investors have recently modified their holdings of the business. Norges Bank purchased a new stake in Burlington Stores during the second quarter valued at about $171,893,000. Junto Capital Management LP boosted its holdings in shares of Burlington Stores by 168.4% during the 3rd quarter. Junto Capital Management LP now owns 503,080 shares of the company’s stock valued at $128,034,000 after buying an additional 315,664 shares in the last quarter. Alkeon Capital Management LLC purchased a new stake in shares of Burlington Stores in the 1st quarter worth approximately $71,499,000. Vaughan Nelson Investment Management L.P. purchased a new stake in shares of Burlington Stores in the second quarter worth $64,350,000. Finally, Interval Partners LP increased its stake in Burlington Stores by 667.5% during the 1st quarter. Interval Partners LP now owns 307,479 shares of the company’s stock valued at $73,281,000 after purchasing an additional 267,419 shares in the last quarter.

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.