Birkenstock (BIRK) Stock Price, News & Analysis

Company Overview

Birkenstock Holding plc manufactures and sells footwear products. It also offers sandals, shoes, closed-toe silhouettes, skincare products, and accessories. The company sells its products through e-commerce sites and a network of owned retail stores, as well as business-to-business channels. It operates in the United States, Brazil, Canada, Mexico, Europe, APMA, and internationally. Birkenstock Holding plc was founded in 1774 and is based in London, the United Kingdom. Birkenstock Holding plc is a subsidiary of BK LC Lux MidCo S.à r.l.

Key Stats

• Today's Range: $44.47 to $45.60
• 50-Day Range: $43.89 to $51.80
• 52-Week Range: $41.00 to $64.78
• Volume: 1.30 million shs
• Average Volume: 1.02 million shs
• Market Capitalization: $8.57 billion
• P/E Ratio: 74.75
• Dividend Yield: N/A
• Price Target: $66.40
• Consensus Rating: Moderate Buy

Birkenstock Stock Analysis - MarketRank™

Birkenstock scored higher than 85% of companies evaluated by MarketBeat, and ranked 66th out of 287 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Birkenstock has received a consensus rating of Moderate Buy. The company's average rating score is 2.87, and is based on 13 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Birkenstock has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 35.97%

Earnings Growth

Earnings for Birkenstock are expected to grow by 35.97% in the coming year, from $1.39 to $1.89 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Birkenstock is 74.75, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.54.

Price to Earnings Ratio vs. Sector

The P/E ratio of Birkenstock is 74.75, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.85.

Price to Earnings Growth Ratio

Birkenstock has a PEG Ratio of 0.95. PEG Ratios around 1 indicate that a company is correctly valued.

Price to Book Value per Share Ratio

Birkenstock has a P/B Ratio of 3.34. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

7.46% of the float of Birkenstock has been sold short.

Short Interest Ratio / Days to Cover

Birkenstock has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Birkenstock has recently decreased by 18.57%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Birkenstock does not currently pay a dividend.

Dividend Growth

Birkenstock does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

7.46% of the float of Birkenstock has been sold short.

Short Interest Ratio / Days to Cover

Birkenstock has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Birkenstock has recently decreased by 18.57%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.54

News Sentiment

Birkenstock has a news sentiment score of 0.54. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for Birkenstock this week, compared to 10 articles on an average week.

Search Interest

2 people have searched for BIRK on MarketBeat in the last 30 days.

MarketBeat Follows

Only 1 people have added Birkenstock to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Birkenstock insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 19.93% of the stock of Birkenstock is held by institutions.

BIRK Stock Analysis - Frequently Asked Questions

How have BIRK shares performed this year?

Birkenstock's stock was trading at $48.73 at the start of the year. Since then, BIRK stock has decreased by 6.4% and is now trading at $45.60.
View the best growth stocks for 2024 here.

How were Birkenstock's earnings last quarter?

Birkenstock Holding plc (NYSE:BIRK) announced its quarterly earnings data on Thursday, August, 29th. The company reported $0.49 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.56 by $0.07. The company had revenue of $564.76 million for the quarter, compared to the consensus estimate of $628.70 million. Birkenstock had a net margin of 6.26% and a trailing twelve-month return on equity of 5.79%.

When did Birkenstock IPO?

Birkenstock (BIRK) raised $1.5 billion in an initial public offering on Wednesday, October 11th 2023. The company issued 32,258,064 shares at a price of $46.00 per share.

Who are Birkenstock's major shareholders?

Birkenstock's top institutional investors include Bamco Inc. NY (1.65%), Healthcare of Ontario Pension Plan Trust Fund (1.38%), FMR LLC (1.13%) and Holocene Advisors LP (0.27%).

How do I buy shares of Birkenstock?

Shares of BIRK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Birkenstock own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Birkenstock investors own include NVIDIA (NVDA), Tesla (TSLA), Meta Platforms (META), Advanced Micro Devices (AMD), JPMorgan Chase & Co. (JPM), Netflix (NFLX) and Home Depot (HD).

Company Calendar

• Last Earnings: 8/29/2024
• Today: 11/15/2024
• Next Earnings (Confirmed): 12/18/2024
• Fiscal Year End: 9/30/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Discretionary
• Industry: Footwear, except rubber
• Sub-Industry: Apparel
• Current Symbol: NYSE:BIRK
• CUSIP: N/A
• CIK: 1977102
• Web: www.birkenstock.com
• Phone: 44-1534-835-600
• Fax: N/A
• Employees: 6,300
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $66.40
• High Stock Price Target: $85.00
• Low Stock Price Target: $58.00
• Potential Upside/Downside: +45.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.87
• Research Coverage: 15 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.61
• Trailing P/E Ratio: 74.75
• Forward P/E Ratio: 32.81
• P/E Growth: 0.95
• Net Income: $80.18 million
• Net Margins: 6.26%
• Pretax Margin: N/A
• Return on Equity: 5.79%
• Return on Assets: 2.99%

Debt

• Debt-to-Equity Ratio: 0.55
• Current Ratio: 2.91
• Quick Ratio: 1.49

Sales & Book Value

• Annual Sales: $1.72 billion
• Price / Sales: 4.97
• Cash Flow: $0.94 per share
• Price / Cash Flow: 48.75
• Book Value: $13.66 per share
• Price / Book: 3.34

Miscellaneous

• Outstanding Shares: 187,829,000
• Free Float: N/A
• Market Cap: $8.57 billion
• Optionable: Optionable
• Beta: N/A