The Burlington Stores Inc (BURL) share price is expected to increase by 18.43% over the next year. This is based on calculating the average 12-month share price estimate provided by 20 stock analysts who have covered BURL. Price targets range from $270 at the low end to $345 at the high end. The current analyst consensus for BURL is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
BURL is a stock in Consumer Cyclical which has been forecasted to be worth $309.35 as an average. On the higher end, the forecast price is $345 USD by Laura Champine from Loop Capital and on the lower end BURL is forecasted to be $270 by Edward Yruma from Piper Sandler.
These are the latest 20 analyst ratings of BURL.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
John Kernan TD Cowen | Buy | $288 | Maintains | Aug 30, 2024 |
Laura Champine Loop Capital | Buy | $345 | Maintains | Aug 30, 2024 |
Michael Binetti Evercore ISI Group | Outperform | $315 | Maintains | Aug 30, 2024 |
Lorraine Hutchinson B of A Securities | Buy | $315 | Maintains | Aug 30, 2024 |
Dana Telsey Telsey Advisory Group | Outperform | $310 | Maintains | Aug 30, 2024 |
Adrienne Yih Barclays | Overweight | $327 | Maintains | Aug 30, 2024 |
Paul Lejuez Citigroup | Buy | $313 | Maintains | Aug 30, 2024 |
Brooke Roach Goldman Sachs | Buy | $310 | Maintains | Aug 30, 2024 |
Alex Straton Morgan Stanley | Overweight | $300 | Maintains | Aug 30, 2024 |
Dana Telsey Telsey Advisory Group | Outperform | $300 | Maintains | Aug 29, 2024 |
Ike Boruchow Wells Fargo | Overweight | $325 | Maintains | Aug 23, 2024 |
Dana Telsey Telsey Advisory Group | Outperform | $300 | Maintains | Aug 23, 2024 |
Michael Binetti Evercore ISI Group | Outperform | $300 | Maintains | Aug 19, 2024 |
Chuck Grom Gordon Haskett | Buy | $300 | Upgrade | Aug 19, 2024 |
John Kernan TD Cowen | Buy | $279 | Upgrade | Aug 9, 2024 |
Ike Boruchow Wells Fargo | Overweight | $300 | Maintains | Jul 22, 2024 |
Matthew Boss JP Morgan | Overweight | $288 | Maintains | Jul 22, 2024 |
Jay Sole UBS | Neutral | $238 | Maintains | Jun 3, 2024 |
Ike Boruchow Wells Fargo | Overweight | $275 | Maintains | May 31, 2024 |
Paul Lejuez Citigroup | Buy | $276 | Maintains | May 31, 2024 |
When did it IPO
2013
Staff Count
17,052
Country
United States
Sector/Industry
Consumer Cyclical/Apparel Retail
CEO
Mr. Michael B. O'Sullivan
Market Cap
$16.53B
In 2023, BURL generated $8.70B in revenue, which was a decrease of -6.65% from the previous year. This can be seen as a signal that BURL's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Burlington demonstrates strong inventory management and has strategic expansion plans, indicating a positive outlook for future growth.
Why It Matters - Effective inventory management and strategic expansion indicate Burlington's potential for increased profitability and market share, which can drive stock performance and attract investor interest.
Summary - Consumer confidence has declined, but retailers ANF, SFM, CHWY, and BURL are adjusting their strategies to foster future growth.
Why It Matters - Decreased consumer confidence may impact spending, but retailers adapting to new behaviors could sustain growth, affecting their stock performance and investor sentiment.
Summary - Retail stocks with strong online presence, including CNXN, JD, BURL, and ANF, are expected to benefit from the Fed's rate cut and the approaching holiday season.
Why It Matters - Retail stocks with strong online sales are poised for growth due to lower borrowing costs and increased consumer spending during the holiday season, driving potential profit increases.
Summary - Burlington Stores (BURL) and Costco (COST) are notable stocks in the Retail - Discount Stores sector, attracting attention from value investors.
Why It Matters - The comparison between Burlington Stores and Costco highlights potential investment opportunities, impacting stock valuations and strategies in the discount retail sector.
Summary - Zacks emphasizes its Rank system, focusing on earnings estimates and revisions to identify strong stocks, while also monitoring value, growth, and momentum trends.
Why It Matters - The Zacks Rank system indicates stocks with favorable earnings estimates, suggesting potential investment opportunities. Trends in value, growth, and momentum further enhance stock selection strategies.
Summary - Burlington is positioned for growth, emphasizing operational efficiency and benefiting from favorable valuation within the retail sector.
Why It Matters - Burlington's operational efficiency and favorable valuation signal potential for higher returns and resilience in the retail market, making it an attractive option for investors.