Zacks Research Has Bearish Estimate for BURL FY2025 Earnings

Burlington Stores, Inc. (NYSE:BURL) – Zacks Research decreased their FY2025 EPS estimates for shares of Burlington Stores in a research note issued to investors on Monday, March 3rd. Zacks Research analyst S. Singh now expects that the company will post earnings per share of $7.80 for the year, down from their previous estimate of $7.91. The consensus estimate for Burlington Stores’ current full-year earnings is $7.93 per share.

Other analysts have also issued research reports about the stock. Robert W. Baird increased their price target on shares of Burlington Stores from $315.00 to $330.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 27th. Morgan Stanley increased their price target on shares of Burlington Stores from $285.00 to $305.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 27th. TD Cowen raised their target price on shares of Burlington Stores from $334.00 to $339.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. Evercore ISI raised their target price on shares of Burlington Stores from $315.00 to $340.00 and gave the company an “outperform” rating in a research report on Wednesday, November 27th. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and set a $340.00 price target on shares of Burlington Stores in a research note on Thursday, February 27th. One investment analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the company. According to MarketBeat, Burlington Stores has a consensus rating of “Moderate Buy” and a consensus price target of $319.87.

Burlington Stores Stock Performance

NYSE BURL opened at $235.67 on Tuesday. The company has a current ratio of 1.17, a quick ratio of 0.54 and a debt-to-equity ratio of 1.35. The firm has a market capitalization of $14.96 billion, a price-to-earnings ratio of 32.28, a P/E/G ratio of 1.11 and a beta of 1.62. The firm’s 50 day simple moving average is $272.22 and its 200 day simple moving average is $270.26. Burlington Stores has a 1 year low of $174.64 and a 1 year high of $298.89.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of Burlington Stores by 2.3% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 145,552 shares of the company’s stock valued at $38,350,000 after buying an additional 3,246 shares during the last quarter. Alpha DNA Investment Management LLC acquired a new position in shares of Burlington Stores during the third quarter valued at about $764,000. Buckingham Capital Management Inc. grew its holdings in shares of Burlington Stores by 159.0% during the fourth quarter. Buckingham Capital Management Inc. now owns 17,419 shares of the company’s stock valued at $4,965,000 after buying an additional 10,693 shares during the last quarter. Logan Capital Management Inc. grew its holdings in shares of Burlington Stores by 9.1% during the third quarter. Logan Capital Management Inc. now owns 56,354 shares of the company’s stock valued at $14,848,000 after buying an additional 4,695 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC grew its holdings in shares of Burlington Stores by 7.5% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 378,921 shares of the company’s stock valued at $108,292,000 after buying an additional 26,412 shares during the last quarter.

Insiders Place Their Bets

In other Burlington Stores news, CMO Jennifer Vecchio sold 493 shares of the firm’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $275.75, for a total value of $135,944.75. Following the completion of the sale, the chief marketing officer now directly owns 58,944 shares in the company, valued at approximately $16,253,808. This trade represents a 0.83 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.91% of the company’s stock.

Burlington Stores Company Profile

Burlington Stores, Inc operates as a retailer of branded merchandise 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.