Burlington Stores (NYSE:BURL) Releases FY25 Earnings Guidance

Burlington Stores (NYSE:BURL) issued an update on its FY25 earnings guidance on Thursday morning. The company provided EPS guidance of $7.66-7.96 for the period, compared to the consensus EPS estimate of $7.71. The company issued revenue guidance of +9-10% yr/yr to ~$10.58-10.68, compared to the consensus revenue estimate of $10.59 billion. Burlington Stores also updated its FY 2024 guidance to 7.660-7.960 EPS.

Wall Street Analysts Forecast Growth

BURL has been the subject of several research analyst reports. Citigroup boosted their target price on shares of Burlington Stores from $276.00 to $313.00 and gave the stock a buy rating in a research report on Friday. Bank of America boosted their price objective on Burlington Stores from $275.00 to $315.00 and gave the company a buy rating in a report on Friday. Loop Capital increased their target price on Burlington Stores from $270.00 to $345.00 and gave the stock a buy rating in a report on Friday. Evercore ISI boosted their price target on Burlington Stores from $300.00 to $315.00 and gave the company an outperform rating in a report on Friday. Finally, Barclays upped their price target on Burlington Stores from $274.00 to $327.00 and gave the company an overweight rating in a research report on Friday. Two research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of Moderate Buy and a consensus price target of $294.94.

Burlington Stores Stock Performance

Shares of BURL opened at $268.24 on Friday. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.52 and a current ratio of 1.07. Burlington Stores has a 1 year low of $115.66 and a 1 year high of $282.49. The firm has a fifty day moving average of $252.19 and a 200-day moving average of $222.45. The company has a market cap of $17.12 billion, a price-to-earnings ratio of 44.93, a price-to-earnings-growth ratio of 1.36 and a beta of 1.61.

Burlington Stores (NYSE:BURL) last posted its earnings results on Thursday, May 30th. The company reported $1.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.04 by $0.38. Burlington Stores had a net margin of 3.87% and a return on equity of 46.39%. The firm had revenue of $2.36 billion during the quarter, compared to analyst estimates of $2.34 billion. During the same period in the previous year, the business posted $0.84 EPS. Burlington Stores’s revenue was up 10.7% on a year-over-year basis. As a group, equities analysts anticipate that Burlington Stores will post 7.61 earnings per share for the current year.

Insider Buying and Selling

In other news, CMO Jennifer Vecchio sold 494 shares of the stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $255.37, for a total value of $126,152.78. Following the completion of the transaction, the chief marketing officer now owns 61,907 shares of the company’s stock, valued at $15,809,190.59. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 0.91% of the company’s stock.

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.