A share price of Birkenstock Holding Plc [BIRK] is currently trading at $42.29, up 0.33%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The BIRK shares have lost -2.60% over the last week, with a monthly amount drifted -8.86%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Birkenstock Holding Plc [NYSE: BIRK] stock has seen the most recent analyst activity on November 07, 2023, when Evercore ISI initiated its Outperform rating and assigned the stock a price target of $47. Previously, Bernstein started tracking the stock with Mkt Perform rating on November 07, 2023, and set its price target to $37.15. On November 06, 2023, William Blair initiated with a Outperform rating. UBS started tracking the stock assigning a Neutral rating and suggested a price target of $44 on November 06, 2023. Telsey Advisory Group initiated its recommendation with a Outperform and recommended $47 as its price target on November 06, 2023. Stifel started tracking with a Buy rating for this stock on November 06, 2023, and assigned it a price target of $47. In a note dated November 06, 2023, Robert W. Baird initiated an Outperform rating and provided a target price of $48 on this stock.
Birkenstock Holding Plc experienced fluctuations in its stock price throughout the past year between $35.83 and $55.00. Currently, Wall Street analysts expect the stock to reach $54 within the next 12 months. Birkenstock Holding Plc [NYSE: BIRK] shares were valued at $42.29 at the most recent close of the market. An investor can expect a potential return of 27.69% based on the average BIRK price forecast.
Analyzing the BIRK fundamentals
Trailing Twelve Months sales for Birkenstock Holding Plc [NYSE:BIRK] were 1.68B which represents -34.50% decline. Gross Profit Margin for this corporation currently stands at 0.61% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.0%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.0 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.6.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 41.81 points at the first support level, and at 41.32 for the second support level. However, for the 1st resistance point, the stock is sitting at 42.76, and for the 2nd resistance point, it is at 43.22.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Birkenstock Holding Plc [NYSE:BIRK] is 2.95. Also, the Quick Ratio is 0.93, while the Cash Ratio stands at 0.53. Considering the valuation of this stock, the price to sales ratio is 4.74, the price to book ratio is 2.92 and price to earnings (TTM) ratio is 78.39.
