JPMorgan Chase & Co. Forecasts Strong Price Appreciation for Burlington Stores (NYSE:BURL) Stock

by · The Cerbat Gem

Burlington Stores (NYSE:BURL – Get Free Report) had its target price lifted by investment analysts at JPMorgan Chase & Co. from $365.00 to $374.00 in a report issued on Monday,Benzinga reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 26.76% from the company’s previous close.

Several other research firms have also issued reports on BURL. Evercore restated an “outperform” rating and issued a $375.00 price target on shares of Burlington Stores in a research report on Thursday, March 5th. Telsey Advisory Group reiterated an “outperform” rating and issued a $365.00 target price on shares of Burlington Stores in a research note on Tuesday, March 31st. Wells Fargo & Company lifted their target price on Burlington Stores from $350.00 to $400.00 and gave the stock an “overweight” rating in a research report on Friday, March 6th. Truist Financial assumed coverage on Burlington Stores in a research note on Monday. They set a “hold” rating and a $305.00 price target on the stock. Finally, Weiss Ratings raised Burlington Stores from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 23rd. Sixteen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $353.00.

Read Our Latest Analysis on Burlington Stores

Burlington Stores Stock Performance

Shares of BURL stock traded up $1.46 during trading hours on Monday, reaching $295.06. 72,507 shares of the company’s stock were exchanged, compared to its average volume of 765,364. Burlington Stores has a fifty-two week low of $218.52 and a fifty-two week high of $351.85. 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 stock has a market capitalization of $18.54 billion, a P/E ratio of 31.02, a P/E/G ratio of 1.78 and a beta of 1.48. The business has a fifty day moving average price of $318.54 and a 200-day moving average price of $298.91.

Burlington Stores (NYSE:BURL – Get Free Report) last announced its quarterly earnings data on Thursday, March 5th. The company reported $4.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.70 by $0.29. Burlington Stores had a net margin of 5.28% and a return on equity of 41.37%. The business had revenue of $3.65 billion for the quarter, compared to the consensus estimate of $2.77 billion. During the same quarter last year, the company posted $4.07 earnings per share. Burlington Stores’s quarterly revenue 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. Analysts predict that Burlington Stores will post 11.27 EPS for the current fiscal year.

Insider Transactions at Burlington Stores

In other Burlington Stores news, COO Travis Marquette sold 3,759 shares of Burlington Stores stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of $327.75, for a total transaction of $1,232,012.25. Following the completion of the transaction, the chief operating officer directly 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 1.30% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Burlington Stores

Several large investors have recently made changes to their positions in BURL. Massachusetts Financial Services Co. MA raised its position in Burlington Stores by 6.7% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 945,554 shares of the company’s stock valued at $240,643,000 after purchasing an additional 59,587 shares during the last quarter. Hudson Bay Capital Management LP bought a new stake in shares of Burlington Stores during the third quarter worth $4,142,000. Vanguard Group Inc. grew its holdings in shares of Burlington Stores by 3.5% during the third quarter. Vanguard Group Inc. now owns 6,782,201 shares of the company’s stock worth $1,726,070,000 after purchasing an additional 232,358 shares during the last quarter. Campbell & CO Investment Adviser LLC acquired a new stake in shares of Burlington Stores in the third quarter valued at $1,033,000. Finally, Alkeon Capital Management LLC raised its holdings in shares of Burlington Stores by 50.0% in the third quarter. Alkeon Capital Management LLC now owns 525,000 shares of the company’s stock valued at $133,612,000 after buying an additional 175,000 shares during the last quarter.

Burlington Stores Company Profile

(Get Free Report)

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.

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