Bank of America Issues Positive Forecast for Burlington Stores (NYSE:BURL) Stock Price

Burlington Stores (NYSE:BURLGet Free Report) had its price objective raised by research analysts at Bank of America from $367.00 to $375.00 in a report issued on Friday,Benzinga reports. The firm currently has a “buy” rating on the stock. Bank of America‘s target price suggests a potential upside of 17.87% from the company’s current price.

Several other research analysts also recently commented on BURL. Robert W. Baird boosted their price objective on shares of Burlington Stores from $345.00 to $375.00 and gave the company an “outperform” rating in a research report on Friday, March 6th. Citigroup upped their price target on shares of Burlington Stores from $351.00 to $380.00 and gave the stock a “buy” rating in a report on Friday, March 6th. JPMorgan Chase & Co. lowered their price target on shares of Burlington Stores from $374.00 to $351.00 and set an “overweight” rating for the company in a report on Friday. Telsey Advisory Group reiterated an “outperform” rating and set a $365.00 price target on shares of Burlington Stores in a report on Tuesday, March 31st. Finally, Jefferies Financial Group restated a “buy” rating and issued a $370.00 price objective on shares of Burlington Stores in a report on Thursday, March 5th. Sixteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $351.00.

Read Our Latest Stock Report on Burlington Stores

Burlington Stores Stock Performance

Shares of BURL stock traded up $17.61 during trading on Friday, reaching $318.13. The company had a trading volume of 997,829 shares, compared to its average volume of 815,386. Burlington Stores has a one year low of $218.52 and a one year high of $351.85. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.23 and a quick ratio of 0.65. The firm’s 50 day simple moving average is $319.83 and its two-hundred day simple moving average is $301.24. The company has a market capitalization of $19.99 billion, a PE ratio of 33.36, a PEG ratio of 1.97 and a beta of 1.48.

Burlington Stores (NYSE:BURLGet Free Report) last posted its quarterly earnings results on Thursday, May 28th. The company reported $2.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.77 by $0.24. Burlington Stores had a return on equity of 41.37% and a net margin of 5.28%.The business had revenue of $2.86 billion for the quarter, compared to analyst estimates of $2.80 billion. During the same period last year, the company earned $1.67 EPS. The firm’s revenue was up 14.1% on a year-over-year basis. Burlington Stores has set its Q2 2026 guidance at 2.050-2.200 EPS and its FY 2026 guidance at 11.450-11.800 EPS. Sell-side analysts forecast that Burlington Stores will post 11.3 earnings per share for the current year.

Insider Activity

In other news, COO Travis Marquette sold 3,759 shares of the stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $327.75, for a total transaction of $1,232,012.25. Following the transaction, the chief operating officer owned 26,350 shares of the company’s stock, valued at $8,636,212.50. This represents a 12.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.30% of the stock is owned by company insiders.

Institutional Investors Weigh In On Burlington Stores

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Hudson Bay Capital Management LP purchased a new stake in shares of Burlington Stores during the 3rd quarter worth approximately $4,142,000. Vanguard Group Inc. increased its stake in shares of Burlington Stores by 3.5% during the 3rd quarter. Vanguard Group Inc. now owns 6,782,201 shares of the company’s stock worth $1,726,070,000 after purchasing an additional 232,358 shares during the last quarter. Massachusetts Financial Services Co. MA increased its stake in shares of Burlington Stores by 17.5% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,110,632 shares of the company’s stock worth $320,806,000 after purchasing an additional 165,078 shares during the last quarter. Alkeon Capital Management LLC boosted its holdings in Burlington Stores by 50.0% in the 3rd quarter. Alkeon Capital Management LLC now owns 525,000 shares of the company’s stock worth $133,612,000 after buying an additional 175,000 shares during the period. Finally, Assenagon Asset Management S.A. boosted its holdings in Burlington Stores by 82.8% in the 4th quarter. Assenagon Asset Management S.A. now owns 23,157 shares of the company’s stock worth $6,689,000 after buying an additional 10,492 shares during the period.

Trending Headlines about Burlington Stores

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

  • Positive Sentiment: Burlington posted Q1 EPS of $2.01 on revenue of $2.86 billion, both ahead of estimates, and highlighted 14 consecutive quarters of double-digit EPS growth. Article Title
  • Positive Sentiment: The company raised full-year FY2026 guidance, now expecting EPS of $11.45 to $11.80 and revenue of $12.6 billion to $12.8 billion, signaling confidence in continued sales and margin strength. Article Title
  • Positive Sentiment: Analysts at JPMorgan and Wells Fargo both kept overweight ratings while lowering price targets to $351 and $375, respectively, still implying upside from current levels. Article Title
  • Neutral Sentiment: Management also outlined a plan for 115 net new stores in FY2026, which supports growth but may require continued capital spending and execution. Article Title
  • Negative Sentiment: Despite the beat-and-raise quarter, the stock has been weaker as some investors appear to be taking profits, and there was notable put-option activity ahead of the report. Article Title

About Burlington Stores

(Get Free Report)

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.

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