Birkenstock Holding Plc [BIRK] stock is trading at $50.17, up 2.03%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The BIRK shares have gain 4.00% over the last week, with a monthly amount drifted -21.08%, 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 August 23, 2024, when Telsey Advisory Group reiterated its Outperform rating and also boosted its price target to $70 from $63. Previously, BofA Securities upgraded its rating to Buy on July 25, 2024, and elevated its price target to $65. On July 01, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $85 on the stock. In a note dated June 12, 2024, Goldman downgraded an Neutral rating on this stock and boosted its target price from $54.20 to $58.
Birkenstock Holding Plc [BIRK] stock has fluctuated between $35.83 and $64.78 over the past year. Currently, Wall Street analysts expect the stock to reach $67.08 within the next 12 months. Birkenstock Holding Plc [NYSE: BIRK] shares were valued at $50.17 at the most recent close of the market. An investor can expect a potential return of 33.71% based on the average BIRK price forecast.
Analyzing the BIRK fundamentals
Birkenstock Holding Plc [NYSE:BIRK] reported sales of 1.86B for the trailing twelve months, which represents a growth of 18.06%. Gross Profit Margin for this corporation currently stands at 0.59% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.04 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.57.
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 49.47 points at the first support level, and at 48.76 for the second support level. However, for the 1st resistance point, the stock is sitting at 50.63, and for the 2nd resistance point, it is at 51.08.
Ratios To Look Out For
For context, Birkenstock Holding Plc’s Current Ratio is 2.91. In addition, the Quick Ratio stands at 1.49 and the Cash Ratio stands at 0.93. Considering the valuation of this stock, the price to sales ratio is 5.06, the price to book ratio is 3.33 and price to earnings (TTM) ratio is 79.32.
Transactions by insiders
Recent insider trading involved Klaus Baumann, Officer, that happened on Sep 13 ’24 when 30000.0 shares were purchased. Officer, Erik Massmann completed a deal on Sep 12 ’24 to buy 35000.0 shares. Meanwhile, Officer Christian Heesch bought 25000.0 shares on Aug 30 ’24.
