Burlington Stores (NYSE:BURL) Releases Quarterly Earnings Results, Beats Expectations By $0.32 EPS

Burlington Stores (NYSE:BURL) posted its earnings results on Thursday. The company reported $4.07 earnings per share for the quarter, topping analysts’ consensus estimates of $3.75 by $0.32, Zacks reports. The business had revenue of $3.28 billion for the quarter, compared to analyst estimates of $3.25 billion. Burlington Stores had a net margin of 4.49% and a return on equity of 47.52%. Burlington Stores updated its FY 2025 guidance to 8.700-9.300 EPS and its Q1 2025 guidance to 1.300-1.450 EPS.

Burlington Stores Price Performance

Shares of Burlington Stores stock opened at $256.63 on Friday. The firm has a market cap of $16.29 billion, a PE ratio of 35.16, a price-to-earnings-growth ratio of 1.11 and a beta of 1.62. Burlington Stores has a 12-month low of $174.64 and a 12-month high of $298.89. 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 company’s fifty day simple moving average is $270.03 and its two-hundred day simple moving average is $269.80.

Insiders Place Their Bets

In other news, CMO Jennifer Vecchio sold 493 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at approximately $16,253,808. This trade represents a 0.83 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.91% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on BURL shares. Barclays decreased their target price on shares of Burlington Stores from $327.00 to $317.00 and set an “overweight” rating on the stock in a report on Wednesday, November 27th. Citigroup boosted their price target 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. Evercore ISI boosted their price target on shares of Burlington Stores from $315.00 to $340.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 27th. Morgan Stanley boosted their price target on shares of Burlington Stores from $285.00 to $305.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 27th. Finally, Robert W. Baird boosted their price target 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. One equities research analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $319.87.

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.