Zacks Research Has Bearish Estimate for BURL FY2025 Earnings

Burlington Stores, Inc. (NYSE:BURL) – Stock analysts at Zacks Research dropped their FY2025 earnings per share estimates for Burlington Stores in a research report issued to clients and 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 prior forecast of $7.91. The consensus estimate for Burlington Stores’ current full-year earnings is $7.93 per share.

BURL has been the subject of several other research reports. Barclays decreased their price target on shares of Burlington Stores from $327.00 to $317.00 and set an “overweight” rating for the company in a report on Wednesday, November 27th. TD Cowen upped their target price on shares of Burlington Stores from $334.00 to $339.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. Robert W. Baird upped their target price on shares of Burlington Stores from $315.00 to $330.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 27th. Citigroup upped their target price on shares of Burlington Stores from $313.00 to $344.00 and gave the stock a “buy” rating in a research note on Wednesday, November 27th. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and issued a $340.00 target price 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 given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $319.87.

Burlington Stores Price Performance

Shares of BURL stock opened at $235.67 on Tuesday. Burlington Stores has a 12-month low of $174.64 and a 12-month high of $298.89. The firm has a market capitalization of $14.96 billion, a price-to-earnings ratio of 32.28, a price-to-earnings-growth ratio of 1.11 and a beta of 1.62. The company has a quick ratio of 0.54, a current ratio of 1.17 and a debt-to-equity ratio of 1.35. The firm has a fifty day moving average of $272.22 and a 200-day moving average of $270.26.

Insider Activity

In other Burlington Stores news, CMO Jennifer Vecchio sold 494 shares of the stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $284.95, for a total value of $140,765.30. Following the transaction, the chief marketing officer now directly owns 59,437 shares of the company’s stock, valued at $16,936,573.15. This represents a 0.82 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.91% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Capital International Investors raised its holdings in Burlington Stores by 7.7% in the 4th quarter. Capital International Investors now owns 5,160,096 shares of the company’s stock valued at $1,470,929,000 after acquiring an additional 367,703 shares during the period. SRS Investment Management LLC grew its position in shares of Burlington Stores by 10.8% during the 4th quarter. SRS Investment Management LLC now owns 1,270,421 shares of the company’s stock worth $362,146,000 after purchasing an additional 123,973 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Burlington Stores by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 1,083,852 shares of the company’s stock worth $308,403,000 after purchasing an additional 8,892 shares in the last quarter. Alyeska Investment Group L.P. grew its position in shares of Burlington Stores by 23.1% during the 4th quarter. Alyeska Investment Group L.P. now owns 1,051,611 shares of the company’s stock worth $299,772,000 after purchasing an additional 197,187 shares in the last quarter. Finally, Anomaly Capital Management LP grew its position in shares of Burlington Stores by 21.9% during the 4th quarter. Anomaly Capital Management LP now owns 961,281 shares of the company’s stock worth $274,023,000 after purchasing an additional 172,431 shares in the last quarter.

About Burlington Stores

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.