Allbirds (BIRD) Stock Price, News & Analysis

Company Overview

Allbirds, Inc. manufactures and sells footwear and apparel products for men and women in the United States and internationally. The company offers a range of lifestyle and performance shoes; and apparel, including classic tees and sweats, socks, and underwear. It sells its products through its retail stores, as well as online. The company was formerly known as Bozz, Inc. and changed its name to Allbirds, Inc. in December 2015. Allbirds, Inc. was incorporated in 2015 and is headquartered in San Francisco, California.

Key Stats

• Today's Range: $7.61 to $8.07
• 50-Day Range: $7.29 to $12.80
• 52-Week Range: $7.25 to $29.00
• Volume: 70,518 shs
• Average Volume: 57,609 shs
• Market Capitalization: $61.93 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $18.00
• Consensus Rating: Hold

Allbirds Stock Analysis - MarketRank™

Allbirds scored higher than 64% of companies evaluated by MarketBeat, and ranked 126th out of 209 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.0 / 5
• Analyst Rating: Hold

Consensus Rating

Allbirds has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Allbirds has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Allbirds are expected to grow in the coming year, from ($11.89) to ($10.77) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Allbirds is -0.49, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Allbirds is -0.49, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Allbirds has a P/B Ratio of 0.49. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

10.95% of the float of Allbirds has been sold short.

Short Interest Ratio / Days to Cover

Allbirds has a short interest ratio ("days to cover") of 9.

Change versus previous month

Short interest in Allbirds has recently increased by 22.14%, indicating that investor sentiment is decreasing significantly.

Dividend

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

Dividend Yield

Allbirds does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

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

Percentage of Shares Shorted

10.95% of the float of Allbirds has been sold short.

Short Interest Ratio / Days to Cover

Allbirds has a short interest ratio ("days to cover") of 9.

Change versus previous month

Short interest in Allbirds has recently increased by 22.14%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.03

News Sentiment

Allbirds has a news sentiment score of 1.03. 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 is a higher news sentiment than the 0.68 average news sentiment score of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Allbirds this week, compared to 6 articles on an average week.

Search Interest

5 people have searched for BIRD on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.

MarketBeat Follows

2 people have added Allbirds to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Allbirds insiders have sold 694.61% more of their company's stock than they have bought. Specifically, they have bought $4,896.00 in company stock and sold $38,904.00 in company stock.

Percentage Held by Insiders

45.50% of the stock of Allbirds is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

44.07% of the stock of Allbirds is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BIRD Stock Analysis - Frequently Asked Questions

How have BIRD shares performed this year?

Allbirds' stock was trading at $24.50 at the start of the year. Since then, BIRD shares have decreased by 68.1% and is now trading at $7.81.
View the best growth stocks for 2024 here.

How were Allbirds' earnings last quarter?

Allbirds, Inc. (NASDAQ:BIRD) posted its earnings results on Wednesday, November, 6th. The company reported ($2.68) EPS for the quarter, topping analysts' consensus estimates of ($3.13) by $0.45. The firm had revenue of $43 million for the quarter, compared to the consensus estimate of $42.11 million. Allbirds had a negative trailing twelve-month return on equity of 65.30% and a negative net margin of 60.43%.

When did Allbirds' stock split?

Shares of Allbirds reverse split before market open on Thursday, September 5th 2024. The 1-20 reverse split was announced on Friday, August 30th 2024. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, September 4th 2024. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

When did Allbirds IPO?

Allbirds (BIRD) raised $262 million in an IPO on Wednesday, November 3rd 2021. The company issued 20,192,307 shares at a price of $12.00-$14.00 per share.

Who are Allbirds' major shareholders?

Allbirds' top institutional investors include FMR LLC (9.22%), Geode Capital Management LLC (0.68%), State Street Corp (0.23%) and Wolverine Trading LLC. Insiders that own company stock include Ann Mitchell, Joseph Vernachio, Michael J Bufano, Joseph Zwillinger and Timothy O Brown.
View institutional ownership trends.

How do I buy shares of Allbirds?

Shares of BIRD 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 Allbirds own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Allbirds investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), CrowdStrike (CRWD), Arista Networks (ANET), Advanced Micro Devices (AMD) and Adobe (ADBE).

Company Calendar

• Last Earnings: 11/06/2024
• Today: 11/27/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/11/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Retail/Wholesale
• Industry: Apparel, finished products from fabrics & similar materials
• Sub-Industry: Apparel
• Current Symbol: NASDAQ:BIRD
• CUSIP: N/A
• CIK: 1653909
• Web: www.allbirds.com
• Phone: 628-225-4848
• Fax: N/A
• Employees: 710
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $18.00
• High Stock Price Target: $20.00
• Low Stock Price Target: $14.00
• Potential Upside/Downside: +130.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($16.08)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-152,460,000.00
• Net Margins: -60.43%
• Pretax Margin: -60.15%
• Return on Equity: -65.30%
• Return on Assets: -38.50%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.39
• Quick Ratio: 2.13

Sales & Book Value

• Annual Sales: $254.07 million
• Price / Sales: 0.24
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $16.05 per share
• Price / Book: 0.49

Miscellaneous

• Outstanding Shares: 7,930,000
• Free Float: 4,323,000
• Market Cap: $61.93 million
• Optionable: Not Optionable
• Beta: 1.77