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NYSE:BIRK

Birkenstock (BIRK) Stock Price, News & Analysis

$45.41
-2.09 (-4.40%)
(As of 09/6/2024 ET)
Today's Range
$45.37
$47.99
50-Day Range
$45.41
$63.53
52-Week Range
$35.83
$64.78
Volume
1.82 million shs
Average Volume
949,621 shs
Market Capitalization
$8.53 billion
P/E Ratio
59.35
Dividend Yield
N/A
Price Target
$62.23

Birkenstock MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.79 Rating Score
Upside/​Downside
37.0% Upside
$62.23 Price Target
Short Interest
Bearish
6.93% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.11mentions of Birkenstock in the last 14 days
Based on 21 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
34.75%
From $1.41 to $1.90 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.35 out of 5 stars

Consumer Discretionary Sector

120th out of 269 stocks

Footwear, Except Rubber Industry

3rd out of 6 stocks

BIRK stock logo

About Birkenstock Stock (NYSE:BIRK)

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.

BIRK Stock Price History

BIRK Stock News Headlines

\\Skechers store sign and logo. footwear brand. — Stock Editorial Photography
Fed Rate Cuts on the Horizon: Why These 2 Stocks Stand to Benefit
Skechers and Lincoln Educational Services are two consumer discretionary companies poised for gains if the Fed cuts interest rates in September.
Financial markets news icon
MarketBeat Week in Review – 9/2 - 9/6 (BIRK)
The jobs report did nothing to change the market’s storyline; investors are waiting on the extent of rate cuts and what they say about a possible recession
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
Birkenstock: Buy The Dip
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
Birkenstock: Stock Is Still Not Attractive After Price Drop
Birkenstock Holding plc (BIRK) Gets a Buy from Stifel Nicolaus
Birkenstock (NYSE:BIRK) Rating Reiterated by BMO Capital Markets
Birkenstock (NYSE:BIRK) Shares Gap Down After Earnings Miss
See More Headlines
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Company Calendar

Last Earnings
8/29/2024
Today
9/07/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Industry
Footwear, except rubber
Sub-Industry
Apparel
Fax
N/A
Employees
6,300
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$62.23
High Stock Price Target
$85.00
Low Stock Price Target
$37.15
Potential Upside/Downside
+37.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.79
Research Coverage
19 Analysts

Profitability

Net Income
$80.18 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$1.72 billion
Cash Flow
$0.84 per share
Book Value
$13.66 per share

Miscellaneous

Free Float
N/A
Market Cap
$8.53 billion
Optionable
Optionable
Beta
N/A
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Key Executives

  • Mr. Oliver Reichert (Age 53)
    CEO & Director
  • Dr. Erik Massmann (Age 59)
    Chief Financial Officer
  • Volker Bach
    Vice President of Global Accounting
  • Mr. Mark Jensen (Age 41)
    Chief Technical Operations Officer
  • Ms. Megan Kulick
    Director Investor Relations
  • Mr. Christian Heesch (Age 51)
    Chief Legal Officer
  • Mr. Jochen Gutzy (Age 54)
    Chief Communications Officer
  • Mr. Klaus Baumann (Age 55)
    Chief Sales Officer
  • Dr. Markus Baum (Age 46)
    Chief Product Officer
  • Mr. David Kahan (Age 63)
    President of Americas

BIRK Stock Analysis - Frequently Asked Questions

How have BIRK shares performed this year?

Birkenstock's stock was trading at $48.73 at the beginning of the year. Since then, BIRK shares have decreased by 6.8% and is now trading at $45.41.
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 the consensus estimate of $0.56 by $0.07. The firm 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 5.92%.

When did Birkenstock IPO?

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

Who are Birkenstock's major shareholders?

Birkenstock's top institutional investors include Millennium Management LLC (0.61%), Federated Hermes Inc. (0.57%), Ghisallo Capital Management LLC (0.48%) and Interval Partners LP (0.33%).

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.

This page (NYSE:BIRK) was last updated on 9/7/2024 by MarketBeat.com Staff

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