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

44.90

Mkt cap

8.6B

Volume

1.3M

High

45.60

P/E Ratio

73.52

52-wk high

64.78

Low

44.47

Div yield

N/A

52-wk low

41.00

Footwear stocks are trading higher following strong Q2 results from Skechers and Deckers. Skechers reported record sales and raised guidance, while Deckers saw a 22% revenue increase and 87% earnings growth. Other footwear stocks like On Holding, Birkenstock, and Crocs are also climbing.

Portfolio Pulse from Erica Kollmann

July 26, 2024 | 5:41 pm

Birkenstock shares are trading higher after B of A Securities upgraded the stock from a Hold to a Buy and raised its price target from $62 to $65.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 1:30 pm

B of A Securities has upgraded Birkenstock Holding (NYSE:BIRK) from Neutral to Buy and raised the price target from $62 to $65.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 11:46 am

Birkenstock shares are trading lower after an initial rise on Monday following a UBS upgrade.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 11:42 am

Citigroup analyst Paul Lejuez has reinstated a Buy rating on Birkenstock Holding (NYSE:BIRK) and set a price target of $65.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 2:42 pm

Birkenstock shares are trading higher after UBS upgraded the stock from Neutral to Buy and raised its price target from $52 to $85.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 12:53 pm

UBS analyst Jay Sole has upgraded Birkenstock Holding (NYSE:BIRK) from Neutral to Buy and raised the price target from $52 to $85.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 12:26 pm

The article highlights the ten worst-performing large-cap stocks from June 23 to June 29. Walgreens Boots Alliance, Moderna, and Floor & Decor Holdings were among the biggest losers, with significant declines due to various factors such as earnings reports, economic data, and regulatory news.

Portfolio Pulse from Lekha Gupta

June 30, 2024 | 6:21 pm

Birkenstock Holding announced the pricing of an underwritten secondary public offering of 14,000,000 of its ordinary shares by BK LC Lux MidCo S.à R.l. at a price to the public of $54.00 per share.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 7:01 am

Birkenstock shares are trading lower following the announcement of an offering of up to 14 million ordinary shares by a selling shareholder.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 2:24 pm

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