Shares of Burlington Stores, Inc. (NYSE:BURL – Get Free Report) have been given a consensus rating of “Moderate Buy” by the eighteen ratings firms that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and fourteen have given a buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $208.45.
A number of research firms have issued reports on BURL. Citigroup reduced their target price on shares of Burlington Stores from $220.00 to $215.00 and set a “buy” rating on the stock in a report on Wednesday, November 8th. Sanford C. Bernstein reduced their target price on shares of Burlington Stores from $200.00 to $190.00 and set an “outperform” rating on the stock in a report on Sunday, August 27th. Barclays reduced their target price on shares of Burlington Stores from $213.00 to $211.00 and set an “overweight” rating on the stock in a report on Friday, August 25th. Telsey Advisory Group reiterated an “outperform” rating and set a $225.00 target price on shares of Burlington Stores in a report on Wednesday, November 15th. Finally, Gordon Haskett lowered shares of Burlington Stores from a “buy” rating to a “hold” rating and set a $137.00 target price on the stock. in a report on Wednesday, September 27th.
Institutional Investors Weigh In On Burlington Stores
Burlington Stores Stock Performance
NYSE:BURL opened at $136.75 on Tuesday. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.46 and a current ratio of 1.17. The stock has a market capitalization of $8.87 billion, a P/E ratio of 33.68, a PEG ratio of 0.82 and a beta of 1.23. The company has a 50 day moving average price of $129.66 and a 200 day moving average price of $151.28. Burlington Stores has a fifty-two week low of $115.66 and a fifty-two week high of $239.94.
Burlington Stores (NYSE:BURL – Get Free Report) last posted its quarterly earnings data on Thursday, August 24th. The company reported $0.60 earnings per share for the quarter, topping analysts’ consensus estimates of $0.43 by $0.17. The firm had revenue of $2.17 billion during the quarter, compared to analysts’ expectations of $2.17 billion. Burlington Stores had a net margin of 2.92% and a return on equity of 41.25%. The firm’s quarterly revenue was up 9.4% on a year-over-year basis. During the same quarter last year, the company posted $0.35 EPS. Equities research analysts forecast that Burlington Stores will post 5.66 EPS for the current year.
About Burlington Stores
Burlington Stores, Inc operates as a retailer of branded apparel products 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.
- Five stocks we like better than Burlington Stores
- Biggest Stock Losers – Today’s Biggest Percentage Decliners
- Advanced Auto Parts may be worth more in pieces than the whole
- Are Penny Stocks a Good Fit for Your Portfolio?
- The Trade Desk train returns to the station
- What is the FTSE 100 index?
- 2 low priced AdTech stocks to ride the advertising rebound
Receive News & Ratings for Burlington Stores Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Burlington Stores and related companies with MarketBeat.com's FREE daily email newsletter.