Streetbeat News

BIRK

Birkenstock Holding plc

https://www.birkenstock-holding.com

Industry

Apparel - Footwear & Accessories

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.

Open

53.41

Mkt cap

10B

Volume

1.7M

High

55.35

P/E Ratio

88.81

52-wk high

64.78

Low

53.12

Div yield

N/A

52-wk low

41.00

Birkenstock (BIRK) is set to report its earnings next week, with Wall Street expecting earnings growth. However, the company may not have the right combination of factors to beat earnings expectations.

Portfolio Pulse from

December 11, 2024 | 4:15 pm

Birkenstock Holding (NYSE:BIRK) has been analyzed by 9 financial analysts, showing a range of sentiments from bullish to somewhat bullish. Analysts have set a 12-month average price target of $68.0, with a high of $77.00 and a low of $60.00. The company's recent financial performance includes a 19.35% revenue growth rate and a net margin of 13.22%, both above industry averages. However, its return on equity is below industry benchmarks.

Portfolio Pulse from Benzinga Insights

October 10, 2024 | 9:00 pm

BTIG has initiated coverage on Birkenstock Holding (NYSE:BIRK) with a Buy rating and set a price target of $60.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 3:23 pm

Analysts have varied opinions on Birkenstock Holding (NYSE:BIRK), with recent ratings showing a mix of bullish and somewhat bullish sentiments. The average 12-month price target has increased by 8.94% to $70.2. Birkenstock has shown strong revenue growth and profitability, but its ROE is below industry averages.

Portfolio Pulse from Benzinga Insights

September 24, 2024 | 3:00 pm

Telsey Advisory Group has reiterated its 'Outperform' rating for Birkenstock Holding (NYSE:BIRK) with a maintained price target of $70.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 2:38 pm

Birkenstock Holding (NYSE:BIRK) has seen a 14.57% increase in its short percent of float, now at 11.32%. This is higher than its peers' average of 5.88%. It would take traders 4.82 days to cover their short positions. Increased short interest can indicate bearish sentiment but may also present bullish opportunities.

Portfolio Pulse from Benzinga Insights

September 06, 2024 | 3:30 pm

BMO Capital analyst Simeon Siegel maintains an Outperform rating on Birkenstock Holding (NYSE:BIRK) with a $60 price target.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 2:44 pm

Evercore ISI Group has maintained an 'Outperform' rating on Birkenstock Holding but has lowered the price target from $77 to $70.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 12:18 pm

Analysts have provided diverse opinions on Birkenstock Holding (NYSE:BIRK), with a mix of bullish and somewhat bullish ratings. The average 12-month price target has increased by 16.7% to $68.36. Birkenstock has shown strong revenue growth and net margin, but faces challenges with ROE. Analysts have adjusted their ratings and price targets, reflecting positive sentiment.

Portfolio Pulse from Benzinga Insights

August 29, 2024 | 5:00 pm

Telsey Advisory Group has reiterated its 'Outperform' rating for Birkenstock Holding (NYSE:BIRK) with a maintained price target of $70.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 4:57 pm

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