Burlington Stores (NYSE: BURLGet a rating) was downgraded by equity research analysts to StockNews.com from a “hold” rating to a “sell” rating in a report released on Saturday.

BURL has been the subject of a number of other research reports. OTR Global downgraded shares of Burlington Stores to a “positive” rating in a Wednesday, May 4, research report. Credit Suisse Group cut its price target on shares of Burlington Stores to $215.00 in a Friday, May 27 research report. Cowen downgraded shares of Burlington Stores from an “outperform” rating to a “market performer” rating and set a price target of $175.00 for the company. in a Wednesday, June 22 research report. Telsey Advisory Group lowered its price target on Burlington Stores shares from $280.00 to $250.00 and set an “outperform” rating for the company in a research report on Friday, May 27. Finally, Citigroup lowered its price target on Burlington Stores stock from $292.00 to $220.00 and set a “buy” rating for the company in a Tuesday, May 31 research note. Two analysts gave the stock a sell rating, two gave the company a hold rating and fifteen gave the company a buy rating. According to data from MarketBeat.com, Burlington Stores currently has a consensus rating of “Moderate Buy” and an average target price of $236.95.

Shares of BURL opened at $152.20 on Friday. The company has a 50-day moving average of $166.34 and a two-hundred-day moving average of $202.71. The company has a current ratio of 1.26, a quick ratio of 0.53 and a debt ratio of 2.06. The stock has a market capitalization of $10.06 billion, a P/E ratio of 40.70, a PEG ratio of 2.66 and a beta of 0.86. Burlington Stores has a 12-month low of $133.28 and a 12-month high of $357.34.

Burlington Stores (NYSE: BURLGet a rating) last released its quarterly earnings data on Thursday, May 26. The company reported earnings per share of $0.54 for the quarter, missing analyst consensus estimates of $0.64 per ($0.10). The company posted revenue of $1.93 billion in the quarter, versus analyst estimates of $2.02 billion. Burlington Stores had a net margin of 2.80% and a return on equity of 60.41%. The company’s quarterly revenue was down 12.0% year over year. During the same period of the previous year, the company achieved EPS of $2.59. As a group, analysts expect Burlington Stores to post EPS of 6.45 for the current fiscal year.

Several large investors have recently changed their BURL holdings. Quent Capital LLC acquired a new stake in shares of Burlington Stores during the fourth quarter at a value of $33,000. Emerald Advisers LLC acquired a new stake in shares of Burlington Stores in Q4 for a value of approximately $34,000. Column Capital Advisors LLC increased its equity stake in Burlington Stores by 52.8% in Q1. Column Capital Advisors LLC now owns 220 shares of the company worth $40,000 after acquiring 76 additional shares during the period. KB Financial Partners LLC increased its equity stake in Burlington Stores by 68.8% in Q1. KB Financial Partners LLC now owns 238 shares of the company worth $43,000 after acquiring 97 additional shares during the period. Finally, CWM LLC acquired a new stake in shares of Burlington Stores in Q4 worth approximately $50,000.

About Burlington Stores (Get a rating)

Burlington Stores, Inc. operates as a retailer of branded apparel products in the United States. The Company offers fashion-focused products, including women’s ready-to-wear, men’s wear, youth wear, footwear, accessories, toys, gifts and coats, as well as baby, home and beauty products.

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