Burlington Stores, Inc. (BURL)

Burlington Stores Stock Forecast

Stock Price Forecast

The 16 analysts with 12-month price forecasts for Burlington Stores stock have an average target of 250.56, with a low estimate of 137 and a high estimate of 284. The average target predicts an increase of 2.39% from the current stock price of 244.70.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$137	$250.56	$270	$284
Change	-44.01%	+2.39%	+10.34%	+16.06%

* Price targets were last updated on Jun 3, 2024.

Analyst Ratings

The average analyst rating for BURL stock from 16 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Feb '24	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	5	5	5	3	3	3
Buy	9	9	9	10	10	10
Hold	2	2	2	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	0	0	0
Total	17	17	17	16	16	16

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jay Sole UBS	UBS	Hold Maintains $212 → $238	Hold	Maintains	$212 → $238	-2.74%	Jun 3, 2024
Paul Lejuez Citigroup	Citigroup	Strong Buy Maintains $258 → $276	Strong Buy	Maintains	$258 → $276	+12.79%	May 31, 2024
Adrienne Yih Barclays	Barclays	Buy Maintains $252 → $274	Buy	Maintains	$252 → $274	+11.97%	May 31, 2024
John Kernan TD Cowen	TD Cowen	Hold Maintains $209 → $257	Hold	Maintains	$209 → $257	+5.03%	May 31, 2024
Matthew Boss JP Morgan	JP Morgan	Buy Maintains $246 → $284	Buy	Maintains	$246 → $284	+16.06%	May 31, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

10.80B

Increased by 11.06%

from 9.73B

Revenue Next Year

11.92B

Increased by 10.30%

from 10.80B

EPS This Year

7.77

Increased by 48.53%

from 5.23

EPS Next Year

9.55

Increased by 22.92%

from 7.77

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	7.29B	5.76B	9.32B	8.70B	9.73B	10.80B	11.92B	13.15B	14.54B	15.84B
Revenue Growth	9.27%	-20.89%	61.73%	-6.65%	11.78%	11.06%	10.30%	10.34%	10.60%	8.93%
EPS	6.91	-3.28	6.00	3.49	5.23	7.77	9.55	11.79	14.31	15.50
EPS Growth	14.40%	-	-	-41.83%	49.86%	48.53%	22.92%	23.48%	21.40%	8.28%
Forward PE	-	-	-	-	-	31.50	25.63	20.75	17.10	15.79
No. Analysts	-	-	-	-	-	23	23	9	5	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	11.3B	12.5B	13.8B	15.3B	16.9B
Avg	10.8B	11.9B	13.1B	14.5B	15.8B
Low	10.3B	11.2B	12.3B	13.5B	14.7B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	15.7%	15.5%	15.9%	16.6%	16.3%
Avg	11.1%	10.3%	10.3%	10.6%	8.9%
Low	5.6%	3.6%	3.5%	2.4%	0.8%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	8.29	10.30	12.98	15.89	16.05
Avg	7.77	9.55	11.79	14.31	15.50
Low	7.15	8.58	10.83	13.02	14.80

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	58.4%	32.6%	35.9%	34.7%	12.2%
Avg	48.5%	22.9%	23.5%	21.4%	8.3%
Low	36.8%	10.4%	13.4%	10.5%	3.4%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.