Burlington Stores (BURL) Stock Forecast, Price Target & Predictions
BURL Stock Forecast
Burlington Stores stock forecast is as follows: an average price target of $261.14 (represents a -3.39% downside from BURL’s last price of $270.29) and a rating consensus of 'Buy', based on 17 wall street analysts offering a 1-year stock forecast.
BURL Price Target
The average price target for Burlington Stores (BURL) is $261.14 based on 1-year price targets from 17 Wall Street analysts in the past 3 months, with a price target range of $350.00 to $175.00. This represents a potential -3.39% downside from BURL's last price of $270.29.
BURL Analyst Ratings
According to 17 Wall Street analysts, Burlington Stores's rating consensus is 'Buy'. The analyst rating breakdown for BURL stock is 0 'Strong Buy' (0.00%), 14 'Buy' (82.35%), 3 'Hold' (17.65%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Burlington Stores Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 30, 2024 | Paul Lejuez | Citigroup | $313.00 | $267.17 | 17.15% | 15.80% |
| Aug 23, 2024 | Ike Boruchow | Wells Fargo | $325.00 | $268.20 | 21.18% | 20.24% |
| Aug 19, 2024 | Chuck Grom | Gordon Haskett Capital Corporation | $300.00 | $264.45 | 13.44% | 10.99% |
| May 31, 2024 | Simeon Siegel | BMO Capital | $240.00 | $235.55 | 1.89% | -11.21% |
| May 31, 2024 | Mark Altschwager | Robert W. Baird | $275.00 | $235.55 | 16.75% | 1.74% |
| May 31, 2024 | Dana Telsey | Telsey Advisory | $270.00 | $235.55 | 14.63% | -0.11% |
| May 31, 2024 | Adrienne Yih | Barclays | $274.00 | $235.55 | 16.32% | 1.37% |
| May 31, 2024 | Gabriella Carbone | Deutsche Bank | $265.00 | $235.55 | 12.50% | -1.96% |
| May 31, 2024 | Ike Boruchow | Wells Fargo | $275.00 | $235.55 | 16.75% | 1.74% |
| May 30, 2024 | Michael Binetti | Evercore ISI | $274.00 | $235.55 | 16.32% | 1.37% |
The latest Burlington Stores stock forecast, released on Aug 30, 2024 by Paul Lejuez from Citigroup, set a price target of $313.00, which represents a 17.15% increase from the stock price at the time of the forecast ($267.17), and a 15.80% increase from BURL last price ($270.29).
Burlington Stores Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 3 | 3 | 15 |
| Avg Price Target | $312.67 | $312.67 | $262.73 |
| Last Closing Price | $270.29 | $270.29 | $270.29 |
| Upside/Downside | 15.68% | 15.68% | -2.80% |
In the current month, the average price target of Burlington Stores stock is $312.67, according to 3 Wall Street analysts offering twelve months forecast. The average price target represents a 15.68% increase as opposed to Burlington Stores's last price of $270.29. This month's average price target is down 0.00% compared to last quarter, and up 19.01% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 30, 2024 | Wells Fargo | Buy | Buy | Hold |
| Aug 30, 2024 | UBS | Underperform | Underperform | Hold |
| Aug 30, 2024 | Loop Capital Markets | Buy | Buy | Hold |
| Aug 30, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Aug 30, 2024 | Citigroup | Buy | Buy | Hold |
| Aug 30, 2024 | Barclays | Overweight | Overweight | Hold |
| Aug 29, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Aug 23, 2024 | Telsey Advisory | Outperform | Outperform | Hold |
| Aug 23, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Aug 19, 2024 | Evercore ISI | Outperform | Outperform | Hold |
Burlington Stores's last stock rating was published by Wells Fargo on Aug 30, 2024. The company gave BURL a "Buy" rating, the same as its previous rate.
Burlington Stores Financial Forecast
Burlington Stores Revenue Forecast
| Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.19B | - | - | $1.01B | $801.52M | $2.21B | $1.78B |
| Avg Forecast | $3.23B | $3.15B | $3.06B | $2.98B | $3.62B | $2.78B | $2.70B | $2.61B | $3.28B | $2.55B | $2.42B | $2.34B | $3.07B | $2.29B | $2.17B | $2.17B | $2.60B | $2.05B | $2.02B | $2.03B | $2.77B | $2.23B | $2.07B | $1.78B | $2.06B | $1.54B | $1.12B | $1.02B | $2.20B | $1.79B |
| High Forecast | $3.34B | $3.25B | $3.16B | $3.07B | $3.73B | $2.87B | $2.78B | $2.69B | $3.29B | $2.58B | $2.49B | $2.41B | $3.17B | $2.32B | $2.23B | $2.24B | $2.69B | $2.12B | $2.05B | $2.06B | $2.81B | $2.26B | $2.10B | $1.80B | $2.09B | $1.57B | $1.14B | $1.04B | $2.23B | $1.81B |
| Low Forecast | $3.17B | $3.09B | $3.01B | $2.93B | $3.55B | $2.73B | $2.64B | $2.56B | $3.26B | $2.53B | $2.37B | $2.30B | $3.01B | $2.26B | $2.13B | $2.13B | $2.56B | $2.01B | $1.99B | $2.01B | $2.74B | $2.20B | $2.04B | $1.75B | $2.03B | $1.52B | $1.11B | $1.01B | $2.17B | $1.76B |
| # Analysts | 7 | 5 | 5 | 9 | 6 | 4 | 4 | 7 | 11 | 11 | 10 | 6 | 6 | 12 | 6 | 6 | 6 | 9 | 10 | 9 | 9 | 6 | 6 | 6 | 6 | 14 | 8 | 8 | 10 | 13 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.23% | - | - | 0.90% | 0.78% | 1.00% | 1.00% |
Burlington Stores's average Quarter revenue forecast for Aug 21 based on 6 analysts is $2.07B, with a low forecast of $2.04B, and a high forecast of $2.10B. BURL's average Quarter revenue forecast represents a -5.74% decrease compared to the company's last Quarter revenue of $2.19B (May 21).
Burlington Stores EBITDA Forecast
| Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 5 | 5 | 9 | 6 | 4 | 4 | 7 | 11 | 11 | 10 | 6 | 6 | 12 | 6 | 6 | 6 | 9 | 10 | 9 | 9 | 6 | 6 | 6 | 6 | 14 | 8 | 8 | 10 | 13 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $286.88M | - | - | $-27.07M | $-470.10M | $338.39M | $184.29M |
| Avg Forecast | $241.48M | $235.02M | $228.73M | $222.60M | $270.27M | $207.77M | $201.26M | $194.89M | $244.77M | $190.63M | $180.40M | $449.57M | $229.16M | $171.14M | $161.81M | $408.70M | $194.47M | $162.46M | $151.16M | $151.77M | $102.94M | $147.69M | $154.37M | $231.09M | $59.47M | $115.35M | $83.72M | $312.70M | $164.33M | $133.39M |
| High Forecast | $249.04M | $242.37M | $235.88M | $229.57M | $278.73M | $214.27M | $207.56M | $200.98M | $245.51M | $192.88M | $186.04M | $539.49M | $236.33M | $173.36M | $166.87M | $490.44M | $200.56M | $194.95M | $153.02M | $153.83M | $123.53M | $177.23M | $156.47M | $277.30M | $71.36M | $116.92M | $84.86M | $375.24M | $166.57M | $135.21M |
| Low Forecast | $236.94M | $230.60M | $224.42M | $218.42M | $265.19M | $203.86M | $197.48M | $191.22M | $243.30M | $189.14M | $177.00M | $359.66M | $224.85M | $168.93M | $158.76M | $326.96M | $190.82M | $129.97M | $148.59M | $149.80M | $82.35M | $118.15M | $152.37M | $184.87M | $47.57M | $113.85M | $82.64M | $250.16M | $162.21M | $131.67M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.24% | - | - | -0.32% | -1.50% | 2.06% | 1.38% |
6 analysts predict BURL's average Quarter EBITDA for Aug 21 to be $154.37M, with a high of $156.47M and a low of $152.37M. This is -46.19% lower than Burlington Stores's previous annual EBITDA (May 21) of $286.88M.
Burlington Stores Net Income Forecast
| Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 5 | 5 | 9 | 6 | 4 | 4 | 7 | 11 | 11 | 10 | 6 | 6 | 12 | 6 | 6 | 6 | 9 | 10 | 9 | 9 | 6 | 6 | 6 | 6 | 14 | 8 | 8 | 10 | 13 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $171.03M | - | - | $-46.78M | $-333.73M | $206.32M | $96.46M |
| Avg Forecast | $328.32M | $147.22M | $115.84M | $127.82M | $285.88M | $119.97M | $99.12M | $111.66M | $243.20M | $99.61M | $61.59M | $207.16M | $213.16M | $62.20M | $28.80M | $188.32M | $175.81M | $81.64M | $14.82M | $40.62M | $12.54M | $74.22M | $96.52M | $132.45M | $4.52M | $10.06M | $-68.09M | $205.05M | $207.90M | $90.43M |
| High Forecast | $341.68M | $153.21M | $120.55M | $133.02M | $297.50M | $124.85M | $103.15M | $116.20M | $249.02M | $104.81M | $64.10M | $248.59M | $221.83M | $73.39M | $29.97M | $225.99M | $182.96M | $97.97M | $15.06M | $41.34M | $15.05M | $89.06M | $98.23M | $158.94M | $5.42M | $10.24M | $-66.95M | $246.06M | $211.58M | $92.04M |
| Low Forecast | $320.30M | $143.62M | $113.01M | $124.70M | $278.88M | $117.04M | $96.70M | $108.93M | $241.91M | $97.65M | $60.09M | $165.73M | $207.94M | $56.60M | $28.10M | $150.66M | $171.51M | $65.31M | $14.50M | $39.94M | $10.03M | $59.37M | $94.90M | $105.96M | $3.61M | $9.89M | $-69.30M | $164.04M | $204.40M | $88.91M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.29% | - | - | 0.69% | -1.63% | 0.99% | 1.07% |
Burlington Stores's average Quarter net income forecast for Aug 21 is $96.52M, with a range of $94.90M to $98.23M. BURL's average Quarter net income forecast represents a -43.57% decrease compared to the company's last Quarter net income of $171.03M (May 21).
Burlington Stores SG&A Forecast
| Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 5 | 5 | 9 | 6 | 4 | 4 | 7 | 11 | 11 | 10 | 6 | 6 | 12 | 6 | 6 | 6 | 9 | 10 | 9 | 9 | 6 | 6 | 6 | 6 | 14 | 8 | 8 | 10 | 13 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $664.83M | - | - | $491.60M | $485.09M | $595.32M | $583.64M |
| Avg Forecast | $1.09B | $1.06B | $1.03B | $1.00B | $1.22B | $937.53M | $908.18M | $879.40M | $1.10B | $860.21M | $814.02M | $1.26B | $1.03B | $772.27M | $730.13M | $1.15B | $877.54M | $559.06M | $682.08M | $684.82M | $699.48M | $508.24M | $696.56M | $598.55M | $394.54M | $520.48M | $377.78M | $650.67M | $741.53M | $601.91M |
| High Forecast | $1.12B | $1.09B | $1.06B | $1.04B | $1.26B | $966.87M | $936.60M | $906.92M | $1.11B | $870.33M | $839.49M | $1.52B | $1.07B | $782.25M | $752.98M | $1.38B | $905.00M | $670.87M | $690.47M | $694.16M | $839.38M | $609.88M | $706.06M | $718.27M | $473.44M | $527.58M | $382.93M | $780.80M | $751.64M | $610.11M |
| Low Forecast | $1.07B | $1.04B | $1.01B | $985.58M | $1.20B | $919.90M | $891.09M | $862.86M | $1.10B | $853.47M | $798.71M | $1.01B | $1.01B | $762.28M | $716.40M | $918.58M | $861.03M | $447.25M | $670.48M | $675.97M | $559.59M | $406.59M | $687.55M | $478.84M | $315.63M | $513.76M | $372.89M | $520.53M | $731.95M | $594.13M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.11% | - | - | 1.30% | 0.75% | 0.80% | 0.97% |
Burlington Stores's average Quarter SG&A projection for Aug 21 is $696.56M, based on 6 Wall Street analysts, with a range of $687.55M to $706.06M. The forecast indicates a 4.77% rise compared to BURL last annual SG&A of $664.83M (May 21).
Burlington Stores EPS Forecast
| Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 5 | 5 | 9 | 6 | 4 | 4 | 7 | 11 | 11 | 10 | 6 | 6 | 12 | 6 | 6 | 6 | 9 | 10 | 9 | 9 | 6 | 6 | 6 | 6 | 14 | 8 | 8 | 10 | 13 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.58 | - | - | $-0.71 | $-5.08 | $3.11 | $1.46 |
| Avg Forecast | $5.10 | $2.29 | $1.80 | $1.99 | $4.44 | $1.86 | $1.54 | $1.74 | $3.78 | $1.55 | $0.96 | $1.07 | $3.31 | $0.97 | $0.45 | $0.92 | $2.73 | $0.51 | $0.23 | $0.63 | $3.21 | $1.25 | $1.50 | $0.83 | $2.12 | $0.16 | $-1.06 | $-1.42 | $3.23 | $1.40 |
| High Forecast | $5.31 | $2.38 | $1.87 | $2.07 | $4.62 | $1.94 | $1.60 | $1.81 | $3.87 | $1.63 | $1.00 | $1.12 | $3.45 | $1.14 | $0.47 | $0.96 | $2.84 | $0.53 | $0.23 | $0.64 | $3.27 | $1.28 | $1.52 | $0.84 | $2.16 | $0.16 | $-1.04 | $-1.40 | $3.28 | $1.43 |
| Low Forecast | $4.98 | $2.23 | $1.76 | $1.94 | $4.34 | $1.82 | $1.50 | $1.69 | $3.76 | $1.52 | $0.93 | $1.05 | $3.23 | $0.88 | $0.44 | $0.90 | $2.67 | $0.50 | $0.23 | $0.62 | $3.16 | $1.23 | $1.47 | $0.82 | $2.09 | $0.15 | $-1.08 | $-1.45 | $3.17 | $1.38 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.11% | - | - | 0.67% | 3.57% | 0.97% | 1.04% |
According to 6 Wall Street analysts, Burlington Stores's projected average Quarter EPS for Aug 21 is $1.50, with a low estimate of $1.47 and a high estimate of $1.52. This represents a -41.93% decrease compared to BURL previous annual EPS of $2.58 (May 21).
Burlington Stores Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| EXPR | Express | $0.83 | $20.00 | 2309.64% | Buy |
| GES | Guess' | $19.48 | $29.25 | 50.15% | Buy |
| AEO | American Eagle Outfitters | $19.39 | $27.62 | 42.44% | Hold |
| URBN | Urban Outfitters | $37.29 | $41.08 | 10.16% | Hold |
| PLCE | Children's Place | $17.40 | $19.00 | 9.20% | Hold |
| SCVL | Shoe Carnival | $43.90 | $46.00 | 4.78% | Buy |
| BURL | Burlington Stores | $270.29 | $261.14 | -3.39% | Buy |
| TJX | TJX Companies | $117.84 | $100.38 | -14.82% | Buy |
| HIBB | Hibbett | $87.49 | $71.10 | -18.73% | Hold |
| BKE | Buckle | $44.52 | $32.00 | -28.12% | Sell |
BURL Forecast FAQ
Is Burlington Stores a good buy?
Yes, according to 17 Wall Street analysts, Burlington Stores (BURL) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 14 'Buy' recommendations, accounting for 82.35% of BURL's total ratings.
What is BURL's price target?
Burlington Stores (BURL) average price target is $261.14 with a range of $175 to $350, implying a -3.39% from its last price of $270.29. The data is based on 17 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Burlington Stores stock go up soon?
According to Wall Street analysts' prediction for BURL stock, the company can go down by -3.39% (from the last price of $270.29 to the average price target of $261.14), up by 29.49% based on the highest stock price target, and down by -35.25% based on the lowest stock price target.
Can Burlington Stores stock reach $400?
BURL's average twelve months analyst stock price target of $261.14 does not support the claim that Burlington Stores can reach $400 in the near future.
What is Burlington Stores's current price target trend?
3 Wall Street analysts forecast a $312.67 price target for Burlington Stores (BURL) this month, up 15.68% from its last price of $270.29. Compared to the last 3 and 12 months, the average price target increased by 15.68% and decreased by -2.80%, respectively.
Did the BURL's actual financial results beat the analysts' financial forecasts?
In terms of the last quarterly report (May 2021), Burlington Stores's revenue was $2.19B, beating the average analysts' forecast of $1.78B by 23.49%. The company's EBITDA was $286.88M, beating the average prediction of $231.09M by 24.14%. Burlington Stores's net income was $171.03M, beating the average estimation of $132.45M by 29.13%. The company's SG&A was $664.83M, beating the average forecast of $598.55M by 11.07%. Lastly, the company's EPS was $2.58, beating the average prediction of $0.83 by 210.81%