Morgan Stanley Cuts Burlington Stores (NYSE:BURL) Price Target to $432.00

Burlington Stores (NYSE:BURL) had its target price lowered by Morgan Stanley from $438.00 to $432.00 in a report issued on Friday, MarketBeat.com reports. Morgan Stanley currently has an overweight rating on the stock.

Several other research firms have also recently weighed in on BURL. Wall Street Zen cut shares of Burlington Stores from a “buy” rating to a “hold” rating in a research report on Sunday, August 2nd. Jefferies Financial Group upped their target price on Burlington Stores from $365.00 to $410.00 and gave the company a “buy” rating in a report on Friday, August 14th. JPMorgan Chase & Co. decreased 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, May 29th. Wells Fargo & Company reduced their price objective on Burlington Stores from $400.00 to $375.00 and set an “overweight” rating for the company in a research report on Friday, May 29th. Finally, Evercore restated an “outperform” rating and issued a $400.00 target price on shares of Burlington Stores in a research note on Monday, August 17th. Thirteen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $367.56.

Burlington Stores Price Performance

Shares of NYSE BURL opened at $273.25 on Friday. The firm has a 50-day moving average of $339.01 and a two-hundred day moving average of $324.89. The company has a market capitalization of $17.16 billion, a price-to-earnings ratio of 24.53, a PEG ratio of 1.29 and a beta of 1.44. The company has a current ratio of 1.17, a quick ratio of 0.47 and a debt-to-equity ratio of 0.95. Burlington Stores has a twelve month low of $240.49 and a twelve month high of $378.33.

Burlington Stores (NYSE:BURL) last issued its earnings results on Thursday, August 27th. The company reported $2.96 earnings per share for the quarter, topping analysts’ consensus estimates of $2.19 by $0.77. Burlington Stores had a net margin of 5.85% and a return on equity of 41.72%. The firm had revenue of $3 billion during the quarter, compared to analysts’ expectations of $3.03 billion. During the same period last year, the firm posted $1.72 earnings per share. The firm’s revenue for the quarter 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. As a group, analysts expect that Burlington Stores will post 13.28 earnings per share for the current fiscal year.

Insider Activity at Burlington Stores

In other Burlington Stores news, CAO Stephen Ferroni sold 2,343 shares of the company’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $337.22, for a total transaction of $790,106.46. Following the completion of the sale, the chief accounting officer owned 1,391 shares of the company’s stock, valued at $469,073.02. This represents a 62.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Matthew Pasch sold 3,773 shares of Burlington Stores stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $317.21, for a total transaction of $1,196,833.33. Following the completion of the transaction, the insider directly owned 6,523 shares in the company, valued at approximately $2,069,160.83. This represents a 36.65% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 30,392 shares of company stock valued at $10,280,271. Corporate insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On Burlington Stores

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

Burlington Stores News Roundup

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

• Positive Sentiment: Second-quarter adjusted EPS reached $2.96, well above the roughly $2.18–$2.19 analyst consensus and up substantially from the prior year. Revenue increased 11% year over year to approximately $3.0 billion, while operating-margin expansion supported the company’s 15th consecutive quarter of double-digit EPS growth. Burlington Stores Reports Strong Second Quarter Sales and Earnings Growth
• Positive Sentiment: Burlington raised its fiscal 2026 adjusted EPS outlook to $11.77–$11.97, above the prior consensus of about $11.23, and expects revenue of $12.7–$12.8 billion. The retailer also plans to use tariff refunds to lower prices, potentially supporting customer traffic and value perception. Burlington Stores Plans to Use Tariff Refunds to Lower Prices
• Neutral Sentiment: The company is pursuing aggressive expansion, with reports of 20 new stores opening across 12 states in September. Store growth can increase long-term sales, though it also raises execution and investment requirements. Burlington Expansion Bringing New Stores to 12 States
• Negative Sentiment: Second-quarter revenue of about $3.0 billion fell short of the $3.03 billion consensus, and comparable-store sales grew only 2%, slowing from 5% a year earlier. The deceleration raised concerns about underlying demand despite the earnings beat. BURL Shares Slide Despite Q2 Earnings Beat
• Negative Sentiment: Fiscal third-quarter EPS guidance of $1.60–$1.70 is materially below the approximately $2.04 analyst consensus. Reports also cited tariff-related costs and a weaker-than-expected near-term forecast as reasons for the market reaction.
• Negative Sentiment: Citigroup cut its price target from $380 to $318 and moved to a neutral rating. Morgan Stanley also reduced its target modestly, from $438 to $432, although it maintained an overweight rating. Analyst Price Target Updates

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.