Analysts See $0.96 EPS for Burlington Stores, Inc. (BURL)

August 12, 2018 - By Russell Jones

Burlington Stores, Inc. (NYSE:BURL) LogoInvestors sentiment increased to 1 in Q1 2018. Its up 0.05, from 0.95 in 2017Q4. It improved, as 30 investors sold Burlington Stores, Inc. shares while 122 reduced holdings. 70 funds opened positions while 82 raised stakes. 65.36 million shares or 2.38% less from 66.96 million shares in 2017Q4 were reported.
Maverick Limited invested 0.13% of its portfolio in Burlington Stores, Inc. (NYSE:BURL). Balyasny Asset Management Ltd Liability Company stated it has 858,154 shares or 0.48% of all its holdings. Macquarie Grp Ltd has 416,807 shares for 0.1% of their portfolio. 283,682 were reported by Franklin Resources. Great Lakes Advisors Limited Liability Com invested in 112,261 shares. Mutual Of America Cap Management Ltd Liability Corporation reported 600 shares. Utah Retirement Systems accumulated 0.04% or 12,500 shares. Legal General Group Public Limited Liability Corporation holds 47,412 shares. Alliancebernstein Lp owns 1.04 million shares. 60,000 are held by Caisse De Depot Et Placement Du Quebec. Quantitative Inv Mgmt Limited owns 95,400 shares. Moreover, Amer Century Inc has 0.31% invested in Burlington Stores, Inc. (NYSE:BURL) for 2.31M shares. Bokf Na holds 0.01% of its portfolio in Burlington Stores, Inc. (NYSE:BURL) for 1,571 shares. Amp Ltd accumulated 38,560 shares or 0.03% of the stock. Panagora Asset Mgmt Incorporated has invested 0.1% in Burlington Stores, Inc. (NYSE:BURL).

Since March 12, 2018, it had 0 insider buys, and 17 selling transactions for $25.69 million activity. Shares for $314,099 were sold by MAGRINI JOYCE MANNING on Monday, March 12. Shares for $980,070 were sold by Hand Fred. Katz Marc sold $1.32M worth of stock. Shares for $635,050 were sold by Sullivan Paul on Wednesday, March 14. Another trade for 7,700 shares valued at $1.16M was sold by Crimmins John.

Analysts expect Burlington Stores, Inc. (NYSE:BURL) to report $0.96 EPS on August, 23.They anticipate $0.24 EPS change or 33.33 % from last quarter’s $0.72 EPS. BURL’s profit would be $64.91 million giving it 41.53 P/E if the $0.96 EPS is correct. After having $1.26 EPS previously, Burlington Stores, Inc.’s analysts see -23.81 % EPS growth. The stock increased 0.13% or $0.2 during the last trading session, reaching $159.49. About 421,471 shares traded. Burlington Stores, Inc. (NYSE:BURL) has risen 37.97% since August 13, 2017 and is uptrending. It has outperformed by 25.40% the S&P500.

Burlington Stores, Inc. (NYSE:BURL) Ratings Coverage

Among 15 analysts covering Burlington Stores (NYSE:BURL), 12 have Buy rating, 1 Sell and 2 Hold. Therefore 80% are positive. Burlington Stores had 21 analyst reports since March 8, 2018 according to SRatingsIntel. The firm has “Buy” rating by J.P. Morgan given on Monday, June 25. On Wednesday, June 27 the stock rating was maintained by Loop Capital Markets with “Buy”. Buckingham Research maintained the shares of BURL in report on Friday, June 1 with “Buy” rating. The rating was maintained by Citigroup with “Neutral” on Tuesday, July 31. Buckingham Research maintained Burlington Stores, Inc. (NYSE:BURL) on Friday, March 9 with “Buy” rating. The stock of Burlington Stores, Inc. (NYSE:BURL) has “Buy” rating given on Friday, June 1 by SunTrust. On Monday, March 12 the stock rating was maintained by M Partners with “Buy”. The company was maintained on Monday, April 23 by SunTrust. The stock of Burlington Stores, Inc. (NYSE:BURL) has “Buy” rating given on Monday, April 30 by Deutsche Bank. The firm has “Buy” rating by SunTrust given on Thursday, March 8.

Burlington Stores, Inc. operates as a retailer of branded apparel products in the United States. The company has market cap of $10.78 billion. The firm offers fashion-focused merchandise, including ladies sportswear, menswear, youth apparel, baby furniture, footwear, accessories, home d??cor and gifts, and coats. It has a 26.72 P/E ratio. As of January 28, 2017, it operated 592 stores, including an Internet store in 45 states and Puerto Rico.

More notable recent Burlington Stores, Inc. (NYSE:BURL) news were published by: Seekingalpha.com which released: “What’s Stopping Burlington Stores?” on July 16, 2018, also Bizjournals.com with their article: “Amazon fuels T. Rowe Price US mutual funds past the S&P 500” published on July 23, 2018, Schaeffersresearch.com published: “Red-Hot Burlington Stock Could Still Be a ‘Buy'” on August 09, 2018. More interesting news about Burlington Stores, Inc. (NYSE:BURL) were released by: Benzinga.com and their article: “22 Stocks Moving In Wednesday’s Pre-Market Session” published on July 25, 2018 as well as Seekingalpha.com‘s news article titled: “Kimco Shrugs Off Toys ‘R’ Us Bankruptcy… Shares Are Cheap” with publication date: August 01, 2018.

Burlington Stores, Inc. (NYSE:BURL) Institutional Positions Chart

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