Burlington Stores (NYSE:BURL) Sets New 52-Week High – Here’s What Happened

Burlington Stores, Inc. (NYSE:BURL) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $338.75 and last traded at $337.6850, with a volume of 569901 shares changing hands. The stock had previously closed at $328.73.

Analyst Ratings Changes

Several brokerages have recently issued reports on BURL. Sanford C. Bernstein set a $350.00 price objective on Burlington Stores and gave the company an “outperform” rating in a research note on Tuesday, January 6th. Barclays lifted their price objective on Burlington Stores from $331.00 to $335.00 and gave the company an “overweight” rating in a research note on Monday, March 2nd. Weiss Ratings upgraded Burlington Stores from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, March 23rd. Jefferies Financial Group reiterated a “buy” rating and issued a $370.00 price objective on shares of Burlington Stores in a research note on Thursday, March 5th. Finally, Deutsche Bank Aktiengesellschaft began coverage on Burlington Stores in a research note on Thursday, January 8th. They issued a “hold” rating and a $318.00 price objective for the company. Sixteen analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, Burlington Stores presently has a consensus rating of “Moderate Buy” and a consensus price target of $355.44.

Burlington Stores Trading Up 2.3%

The company has a quick ratio of 0.65, a current ratio of 1.23 and a debt-to-equity ratio of 1.11. The business’s fifty day simple moving average is $310.35 and its two-hundred day simple moving average is $288.77. The company has a market cap of $21.01 billion, a price-to-earnings ratio of 35.20, a PEG ratio of 1.99 and a beta of 1.62.

Burlington Stores (NYSE:BURL) last released its quarterly earnings data on Thursday, March 5th. The company reported $4.99 earnings per share for the quarter, topping analysts’ consensus estimates of $4.70 by $0.29. Burlington Stores had a net margin of 5.28% and a return on equity of 41.37%. The company had revenue of $3.65 billion for the quarter, compared to analysts’ expectations of $2.77 billion. During the same quarter last year, the company earned $4.07 earnings per share. The firm’s revenue for the quarter was up 11.3% on a year-over-year basis. Burlington Stores has set its FY 2026 guidance at 10.950-11.450 EPS and its Q1 2026 guidance at 1.600-1.750 EPS. On average, equities analysts predict that Burlington Stores, Inc. will post 7.93 EPS for the current year.

Insiders Place Their Bets

In other Burlington Stores news, COO Travis Marquette sold 3,759 shares of the firm’s stock in a transaction that occurred on 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 sale, the chief operating officer owned 26,350 shares of the company’s stock, valued at approximately $8,636,212.50. This trade represents a 12.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.10% of the company’s stock.

Institutional Trading of Burlington Stores

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. First Horizon Corp purchased a new stake in Burlington Stores in the third quarter valued at approximately $25,000. Stone House Investment Management LLC purchased a new stake in Burlington Stores in the fourth quarter valued at approximately $25,000. JPL Wealth Management LLC purchased a new stake in Burlington Stores in the third quarter valued at approximately $28,000. Root Financial Partners LLC purchased a new stake in Burlington Stores in the third quarter valued at approximately $30,000. Finally, 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 last quarter.

Burlington Stores Company Profile

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.