Q2 EPS Estimates for BURL Lowered by Telsey Advisory Group

Burlington Stores, Inc. (NYSE:BURL - Free Report) - Analysts at Telsey Advisory Group decreased their Q2 2026 earnings estimates for Burlington Stores in a research note issued on Friday, March 7th. Telsey Advisory Group analyst D. Telsey now anticipates that the company will post earnings per share of $1.31 for the quarter, down from their prior forecast of $1.49. Telsey Advisory Group has a "Outperform" rating and a $340.00 price objective on the stock. The consensus estimate for Burlington Stores' current full-year earnings is $7.93 per share. Telsey Advisory Group also issued estimates for Burlington Stores' Q3 2026 earnings at $1.74 EPS, Q4 2026 earnings at $4.67 EPS, FY2026 earnings at $9.15 EPS and FY2027 earnings at $10.96 EPS.

Burlington Stores (NYSE:BURL - Get Free Report) last announced its quarterly earnings results on Thursday, March 6th. The company reported $4.07 EPS for the quarter, beating analysts' consensus estimates of $3.75 by $0.32. 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%.

Several other equities research analysts have also recently issued reports on the company. TD Cowen boosted their price target on Burlington Stores from $334.00 to $339.00 and gave the company a "buy" rating in a research note on Thursday, December 12th. Barclays increased their price objective on shares of Burlington Stores from $317.00 to $329.00 and gave the company an "overweight" rating in a research note on Friday, March 7th. Citigroup reduced their price objective on Burlington Stores from $344.00 to $340.00 and set a "buy" rating on the stock in a research report on Friday, March 7th. Robert W. Baird increased their target price on Burlington Stores from $330.00 to $335.00 and gave the company an "outperform" rating in a research report on Friday, March 7th. Finally, Morgan Stanley lifted their price target on Burlington Stores from $296.00 to $297.00 and gave the company an "overweight" rating in a research note on Friday, March 7th. One equities research analyst has rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $323.20.

Remove Ads

Burlington Stores Stock Performance

Shares of Burlington Stores stock traded up $8.65 during trading on Monday, reaching $244.08. The company's stock had a trading volume of 1,814,716 shares, compared to its average volume of 1,124,502. 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 market cap of $15.49 billion, a PE ratio of 33.44, a P/E/G ratio of 1.11 and a beta of 1.73. Burlington Stores has a 52 week low of $174.64 and a 52 week high of $298.89. The business's 50-day moving average price is $265.36 and its 200-day moving average price is $268.85.

Insider Activity

In other Burlington Stores news, CMO Jennifer Vecchio sold 494 shares of the business's stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $284.95, for a total transaction of $140,765.30. Following the completion of the sale, the chief marketing officer now owns 59,437 shares in the company, valued at approximately $16,936,573.15. The trade was a 0.82 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.91% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Burlington Stores

Institutional investors and hedge funds have recently made changes to their positions in the business. Capital International Investors raised its position 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 buying an additional 367,703 shares during the last quarter. SRS Investment Management LLC boosted its holdings in Burlington Stores by 10.8% during the fourth 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 during the last quarter. Geode Capital Management LLC increased its stake in Burlington Stores by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 1,083,852 shares of the company's stock valued at $308,403,000 after buying an additional 8,892 shares during the last quarter. Alyeska Investment Group L.P. increased its position in shares of Burlington Stores by 23.1% during the fourth quarter. Alyeska Investment Group L.P. now owns 1,051,611 shares of the company's stock valued at $299,772,000 after acquiring an additional 197,187 shares during the last quarter. Finally, Anomaly Capital Management LP increased 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 valued at $274,023,000 after purchasing an additional 172,431 shares during 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.