On Nov 27, major Wall Street analysts update their ratings for $Burlington Stores (BURL.US)$, with price targets ranging from $305 to $350.
Morgan Stanley analyst Alexandra Straton maintains with a buy rating, and adjusts the target price from $285 to $305.
BofA Securities analyst Lorraine Hutchinson maintains with a buy rating, and adjusts the target price from $315 to $350.
Citi analyst Paul Lejuez maintains with a buy rating, and adjusts the target price from $313 to $344.
Barclays analyst Adrienne Yih maintains with a buy rating, and adjusts the target price from $327 to $317.
Wells Fargo analyst Ike Boruchow maintains with a buy rating, and maintains the target price at $325.
Furthermore, according to the comprehensive report, the opinions of $Burlington Stores (BURL.US)$'s main analysts recently are as follows:
Q3 topline and comp results were influenced by temporary weather-related headwinds. Despite these, Burlington Stores demonstrated margin resilience and expansion during the quarter, reflecting progress in its BURL 2.0 strategy. The period was considered solid when analyzing the underlying factors. There is a notable promising rate of change, potential for near-term positive EPS revisions, and the company holds an advantaged value positioning as it approaches a competitive Q4 retail landscape.
Burlington Stores' Q3 results were impacted by weather conditions, yet the core business maintains its strength. Margins have exceeded expectations and are anticipated to continue driving positive results. The company is poised to perform well in the holiday season and potentially surpass Q4 forecasts.
Burlington Stores' Q3 earnings aligned with consensus, though its comparable store sales showing a 1.0% increase fell short of expectations. Furthermore, although Burlington has uplifted the lower end of its fiscal 2024 earnings guidance, it now anticipates comparable sales to be at the lower end.
Burlington Stores delivered in-line earnings despite softer comparisons, reflecting solid execution on margins.
The potential for operating leverage in the Burlington model supports an increase to consensus EPS expectations through FY25. Although a challenging Q3 was observed across Off-Price due to weather conditions, more favorable weather in November-December is expected to lead to a reacceleration.
Here are the latest investment ratings and price targets for $Burlington Stores (BURL.US)$ from 8 analysts:
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美东时间11月27日，多家华尔街大行更新了$伯灵顿百货 (BURL.US)$的评级，目标价介于305美元至350美元。
摩根士丹利分析师Alexandra Straton维持买入评级，并将目标价从285美元上调至305美元。
美银证券分析师Lorraine Hutchinson维持买入评级，并将目标价从315美元上调至350美元。
花旗分析师Paul Lejuez维持买入评级，并将目标价从313美元上调至344美元。
巴克莱银行分析师Adrienne Yih维持买入评级，并将目标价从327美元下调至317美元。
富国集团分析师Ike Boruchow维持买入评级，维持目标价325美元。
此外，综合报道，$伯灵顿百货 (BURL.US)$近期主要分析师观点如下：
Q3的总收入和比较结果受暂时性与天气相关的逆风影响。尽管如此，伯灵顿百货在季度展现了边际韧性和扩张，反映了其BURL 2.0 策略取得进展。在分析基本因素时，这一时期被认为是稳健的。有一个值得注意的变化率，可能会在短期内进行积极的每股收益修订，并且随着进入具有竞争力的Q4零售市场，该公司持有优势的价值定位。
伯灵顿百货的Q3业绩受天气条件影响，但核心业务保持了强劲。边际超出预期，并有望继续推动积极业绩。该公司有望在假日季表现良好，有可能超过Q4的预期。
伯灵顿百货的Q3盈利与共识一致，尽管其可比店铺销售额增长1.0%，但未达到预期。此外，尽管伯灵顿已提高了其2024财年盈利预测的下限，但现在预计可比销售额将处于下限。
尽管较为温和的比较数据，伯灵顿百货在盈利方面表现平稳，反映了边际执行过程的实力。
伯灵顿模型的营运杠杆潜力支持通过2025财年对共识每股收益的预期增加。尽管由于天气条件，在折扣品牌中观察到挑战性的Q3，但预计11月至12月的天气将变得更加有利，从而导致重新加速。
以下为今日8位分析师对$伯灵顿百货 (BURL.US)$的最新投资评级及目标价：
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