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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美東時間11月27日，多家華爾街大行更新了$伯靈頓百貨 (BURL.US)$的評級，目標價介於305美元至350美元。
摩根士丹利分析師Alexandra Straton維持買入評級，並將目標價從285美元上調至305美元。
美銀證券分析師Lorraine Hutchinson維持買入評級，並將目標價從315美元上調至350美元。
花旗分析師Paul Lejuez維持買入評級，並將目標價從313美元上調至344美元。
巴克萊銀行分析師Adrienne Yih維持買入評級，並將目標價從327美元下調至317美元。
富國集團分析師Ike Boruchow維持買入評級，維持目標價325美元。
此外，綜合報道，$伯靈頓百貨 (BURL.US)$近期主要分析師觀點如下：
第三季度的收入和可比結果受到暫時天氣相關不利因素的影響。儘管如此，伯靈頓百貨在該季度表現出利潤率的韌性和擴張，這反映了其BURL 2.0策略的進展。在分析潛在因素時，這一時期被認爲是穩固的。有一個顯著的積極變化率、短期內潛在的每股收益上調的可能性，並且公司在接近競爭激烈的第四季度零售環境時，擁有有利的價值定位。
伯靈頓百貨的第三季度業績受到天氣條件的影響，但其核心業務仍然保持強勁。利潤率超過預期，並預計將繼續推動積極的結果。公司在假日季節表現良好，並有可能超越第四季度的預測。
伯靈頓百貨的第三季度收益符合共識，儘管其可比門店銷售增長1.0%未能達到預期。此外，儘管伯靈頓提高了2024財年收益指引的下限，但現在預計可比銷售將處於下限。
儘管比較較弱，伯靈頓百貨在收益方面表現一致，反映了對利潤率的良好執行。
伯靈頓模式中運營槓桿的潛力支持了對2025財年共識每股收益預期的上調。儘管第三季度在折扣零售市場由於天氣條件觀察到挑戰，但預計11月至12月的天氣更爲有利，將導致復甦加速。
以下爲今日8位分析師對$伯靈頓百貨 (BURL.US)$的最新投資評級及目標價：
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