Burlington Stores (NYSE:BURL) Cut to “Hold” at Wall Street Zen

Wall Street Zen downgraded shares of Burlington Stores (NYSE:BURL) from a buy rating to a hold rating in a research note released on Sunday morning.

BURL has been the subject of a number of other research reports. Bank of America upped their price target on Burlington Stores from $367.00 to $375.00 and gave the company a “buy” rating in a research report on Friday, May 29th. Jefferies Financial Group reissued a “buy” rating and set a $365.00 target price on shares of Burlington Stores in a research note on Friday, May 29th. Barclays upped their target price on Burlington Stores from $365.00 to $411.00 and gave the company an “overweight” rating in a report on Tuesday, May 26th. Wells Fargo & Company dropped their price target on Burlington Stores from $400.00 to $375.00 and set an “overweight” rating for the company in a research note on Friday, May 29th. Finally, UBS Group reiterated a “buy” rating and issued a $435.00 price target on shares of Burlington Stores in a report on Friday, May 29th. Fourteen research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, Burlington Stores presently has an average rating of “Moderate Buy” and a consensus target price of $353.56.

Burlington Stores Price Performance

BURL stock opened at $367.27 on Friday. The stock has a market capitalization of $23.12 billion, a price-to-earnings ratio of 37.75, a PEG ratio of 1.98 and a beta of 1.44. The firm’s 50-day moving average price is $334.66 and its two-hundred day moving average price is $320.18. The company has a current ratio of 1.16, a quick ratio of 0.49 and a debt-to-equity ratio of 1.03. Burlington Stores has a 12-month low of $240.49 and a 12-month high of $378.33.

Burlington Stores (NYSE:BURL) last posted its earnings results on Thursday, May 28th. The company reported $2.01 earnings per share for the quarter, topping analysts’ consensus estimates of $1.80 by $0.21. The company had revenue of $2.86 billion during the quarter, compared to analyst estimates of $2.80 billion. Burlington Stores had a net margin of 5.24% and a return on equity of 39.93%. Burlington Stores’s revenue for the quarter was up 14.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.60 earnings per share. 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. As a group, equities analysts predict that Burlington Stores will post 11.71 earnings per share for the current year.

Insider Transactions at Burlington Stores

In related news, CAO Stephen Ferroni sold 2,343 shares of the company’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $337.22, for a total value of $790,106.46. Following the sale, the chief accounting officer directly 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 at this link. Also, CMO Jennifer Vecchio sold 20,920 shares of the stock in a transaction on Friday, June 12th. The stock was sold at an average price of $341.53, for a total value of $7,144,807.60. Following the completion of the transaction, the chief marketing officer owned 81,017 shares of the company’s stock, valued at approximately $27,669,736.01. This trade represents a 20.52% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 28,714 shares of company stock valued at $9,661,022. Corporate insiders own 1.30% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Stone House Investment Management LLC bought a new stake in Burlington Stores during the fourth quarter worth about $25,000. JPL Wealth Management LLC purchased a new stake in shares of Burlington Stores in the 3rd quarter worth approximately $28,000. Harbour Investments Inc. increased its position in Burlington Stores by 44.7% during the 4th quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock valued at $32,000 after buying an additional 34 shares in the last quarter. Reflection Asset Management purchased a new position in Burlington Stores during the fourth quarter valued at $34,000. Finally, Larson Financial Group LLC boosted its holdings in Burlington Stores by 180.0% in the fourth quarter. Larson Financial Group LLC now owns 126 shares of the company’s stock worth $36,000 after acquiring an additional 81 shares in 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.