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

August 12, 2018 - By Victoria Pittman

Burlington Stores, Inc. (NYSE:BURL) LogoInvestors sentiment increased to 1 in Q1 2018. Its up 0.05, from 0.95 in 2017Q4. It increased, 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.
Bluecrest Mngmt Ltd accumulated 0.01% or 2,233 shares. Junto Cap Mgmt L P owns 196,951 shares or 1.98% of their US portfolio. Scopus Asset Management L P holds 640,000 shares or 0.79% of its portfolio. Alpine Glob Management Ltd Liability Corp owns 1,715 shares. Credit Suisse Ag stated it has 0.01% in Burlington Stores, Inc. (NYSE:BURL). 707 are held by Tyvor. Alps Advsrs has 3,782 shares. Legal & General Gp Public Ltd Com holds 47,412 shares. Sg Americas Securities Ltd Co accumulated 75,932 shares or 0.08% of the stock. Employees Retirement Sys Of Texas reported 93,000 shares stake. Sumitomo Mitsui Asset Mgmt Co Ltd invested in 41,682 shares or 0.08% of the stock. Jefferies Gp Limited Company holds 0% of its portfolio in Burlington Stores, Inc. (NYSE:BURL) for 6,558 shares. Schroder Investment Mgmt Group Incorporated has invested 0.11% of its portfolio in Burlington Stores, Inc. (NYSE:BURL). King Luther Management Corporation has invested 0% of its portfolio in Burlington Stores, Inc. (NYSE:BURL). Lord Abbett & Ltd Liability Corporation reported 500,918 shares or 0.2% of all its holdings.

Since March 12, 2018, it had 0 insider buys, and 17 insider sales for $25.69 million activity. $1.74M worth of stock was sold by Katz Marc on Monday, June 4. $372,964 worth of Burlington Stores, Inc. (NYSE:BURL) was sold by MAGRINI JOYCE MANNING. On Wednesday, March 14 Sullivan Paul sold $635,050 worth of Burlington Stores, Inc. (NYSE:BURL) or 5,000 shares. On Tuesday, March 13 the insider Hand Fred sold $893,550. Shares for $1.16 million were sold by Crimmins John on Monday, June 4.

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. On Monday, March 12 the stock rating was maintained by M Partners with “Buy”. The stock of Burlington Stores, Inc. (NYSE:BURL) has “Buy” rating given on Friday, June 1 by SunTrust. The rating was maintained by SunTrust on Monday, April 23 with “Buy”. Deutsche Bank initiated the shares of BURL in report on Monday, April 30 with “Buy” rating. The firm has “Buy” rating given on Friday, March 9 by Buckingham Research. As per Thursday, March 8, the company rating was maintained by BMO Capital Markets. The rating was maintained by J.P. Morgan with “Buy” on Monday, June 25. SunTrust maintained the shares of BURL in report on Thursday, March 8 with “Buy” rating. The stock has “Overweight” rating by Morgan Stanley on Friday, March 9. The rating was maintained by Loop Capital Markets with “Buy” on Wednesday, June 27.

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: Schaeffersresearch.com which released: “Red-Hot Burlington Stock Could Still Be a ‘Buy'” on August 09, 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, Seekingalpha.com published: “Kimco Shrugs Off Toys ‘R’ Us Bankruptcy… Shares Are Cheap” on August 01, 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: “What’s Stopping Burlington Stores?” with publication date: July 16, 2018.

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

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