What is Zacks Research’s Estimate for BURL FY2025 Earnings?

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

Several other brokerages have also recently weighed in on BURL. Robert W. Baird lifted their price objective 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. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $340.00 target price on shares of Burlington Stores in a report on Thursday, February 27th. Evercore ISI raised their price target on shares of Burlington Stores from $315.00 to $340.00 and gave the company an “outperform” rating in a research note on Wednesday, November 27th. UBS Group upgraded Burlington Stores from a “neutral” rating to a “buy” rating and upped their target price for the company from $280.00 to $360.00 in a report on Friday, January 10th. Finally, Citigroup increased their price target on Burlington Stores from $313.00 to $344.00 and gave the stock a “buy” rating in a report on Wednesday, November 27th. One equities research analyst has rated the stock with a hold rating and fifteen have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $319.87.

Burlington Stores Stock Performance

Shares of BURL stock opened at $229.93 on Tuesday. The company has a market capitalization of $14.60 billion, a price-to-earnings ratio of 31.50, a PEG ratio of 1.11 and a beta of 1.62. The company has a 50-day simple moving average of $272.22 and a 200 day simple moving average of $270.26. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.54 and a current ratio of 1.17. Burlington Stores has a 52 week low of $174.64 and a 52 week high of $298.89.

Hedge Funds Weigh In On Burlington Stores

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC raised its stake in shares of Burlington Stores by 103.3% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 6,732 shares of the company’s stock valued at $1,774,000 after buying an additional 3,421 shares during the period. Nisa Investment Advisors LLC increased its stake in Burlington Stores by 1,001.2% in the 3rd quarter. Nisa Investment Advisors LLC now owns 4,570 shares of the company’s stock worth $1,204,000 after acquiring an additional 4,155 shares during the last quarter. First Trust Direct Indexing L.P. increased its position in shares of Burlington Stores by 13.0% in the third quarter. First Trust Direct Indexing L.P. now owns 1,200 shares of the company’s stock worth $316,000 after purchasing an additional 138 shares during the last quarter. Janney Montgomery Scott LLC raised its position in shares of Burlington Stores by 90.0% during the 3rd quarter. Janney Montgomery Scott LLC now owns 4,482 shares of the company’s stock valued at $1,181,000 after buying an additional 2,123 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. lifted its stake in Burlington Stores by 3,041.5% during the third quarter. Robeco Institutional Asset Management B.V. now owns 30,912 shares of the company’s stock worth $8,145,000 after purchasing an additional 29,928 shares during the last quarter.

Insider Activity at Burlington Stores

In related news, CMO Jennifer Vecchio sold 493 shares of Burlington Stores stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $275.75, for a total transaction of $135,944.75. Following 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 sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.91% of the stock is owned by insiders.

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.