William Blair Increases Earnings Estimates for Birkenstock

Birkenstock Holding plc (NYSE:BIRK - Free Report) - Research analysts at William Blair boosted their Q2 2025 earnings per share estimates for shares of Birkenstock in a research report issued to clients and investors on Monday, February 10th. William Blair analyst S. Zackfia now expects that the company will post earnings per share of $0.53 for the quarter, up from their prior estimate of $0.52. The consensus estimate for Birkenstock's current full-year earnings is $1.77 per share.

Other equities research analysts have also recently issued research reports about the company. HSBC upgraded Birkenstock from a "hold" rating to a "buy" rating and raised their price objective for the stock from $58.00 to $60.00 in a report on Tuesday, December 3rd. UBS Group raised their price objective on Birkenstock from $83.00 to $95.00 and gave the stock a "buy" rating in a report on Thursday, December 19th. BMO Capital Markets raised their price objective on Birkenstock from $60.00 to $70.00 and gave the stock an "outperform" rating in a report on Thursday, December 19th. Hsbc Global Res upgraded Birkenstock to a "strong-buy" rating in a report on Tuesday, December 3rd. Finally, BTIG Research lifted their target price on Birkenstock from $60.00 to $70.00 and gave the company a "buy" rating in a report on Wednesday, December 18th. Two equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Birkenstock has an average rating of "Moderate Buy" and a consensus target price of $68.31.

Birkenstock Price Performance

NYSE:BIRK traded down $1.75 during trading hours on Thursday, reaching $55.17. 1,140,525 shares of the company traded hands, compared to its average volume of 1,405,292. The firm's 50-day moving average is $57.55 and its 200-day moving average is $53.27. The stock has a market cap of $10.36 billion, a P/E ratio of 51.09, a P/E/G ratio of 1.13 and a beta of 1.61. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.60 and a quick ratio of 1.20. Birkenstock has a 1-year low of $41.00 and a 1-year high of $64.78.

Hedge Funds Weigh In On Birkenstock

Several hedge funds and other institutional investors have recently made changes to their positions in the business. T. Rowe Price Investment Management Inc. boosted its position in shares of Birkenstock by 5.0% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 4,124,254 shares of the company's stock worth $233,681,000 after buying an additional 194,622 shares during the period. Bamco Inc. NY boosted its position in shares of Birkenstock by 8.3% during the fourth quarter. Bamco Inc. NY now owns 3,359,351 shares of the company's stock worth $190,341,000 after buying an additional 256,844 shares during the period. Norges Bank bought a new stake in Birkenstock during the fourth quarter worth approximately $131,786,000. FMR LLC raised its holdings in Birkenstock by 61.4% during the third quarter. FMR LLC now owns 2,128,689 shares of the company's stock worth $104,923,000 after purchasing an additional 809,784 shares in the last quarter. Finally, Capital World Investors raised its holdings in Birkenstock by 1.1% during the fourth quarter. Capital World Investors now owns 1,490,366 shares of the company's stock worth $84,444,000 after purchasing an additional 16,466 shares in the last quarter. 19.93% of the stock is currently owned by institutional investors and hedge funds.

About Birkenstock

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.