Birkenstock Holding Plc [BIRK] stock prices are up 2.74% to $55.06 at the moment. 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 gain 2.82% over the last week, with a monthly amount glided 22.74%, and 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 December 10, 2024, when Piper Sandler initiated its Overweight rating and assigned the stock a price target of $65. Previously, HSBC Securities upgraded its rating to Buy on December 03, 2024, and elevated its price target to $60. On October 10, 2024, BTIG Research initiated with a Buy rating and assigned a price target of $60 on the stock. Telsey Advisory Group reiterated its Outperform rating and increased its price target to $70 on August 23, 2024. BofA Securities upgraded its rating to a Buy and raised its price target to $65 on July 25, 2024. UBS upgraded its rating to Buy for this stock on July 01, 2024, and upped its price target to $85.
The stock price of Birkenstock Holding Plc [BIRK] has been fluctuating between $41.00 and $64.78 over the past year. Currently, Wall Street analysts expect the stock to reach $72.4 within the next 12 months. Birkenstock Holding Plc [NYSE: BIRK] shares were valued at $55.06 at the most recent close of the market. An investor can expect a potential return of 31.49% based on the average BIRK price forecast.
Analyzing the BIRK fundamentals
The Birkenstock Holding Plc [NYSE:BIRK] reported sales of 1.86B for trailing twelve months, representing a surge 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 0.51.
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 53.66 points at the first support level, and at 52.25 for the second support level. However, for the 1st resistance point, the stock is sitting at 55.91, and for the 2nd resistance point, it is at 56.75.
Ratios To Look Out For
It’s worth pointing out that Birkenstock Holding Plc [NYSE:BIRK]’s Current Ratio is 2.91. Also, the Quick Ratio is 1.49, while the Cash Ratio stands at 0.93. Considering the valuation of this stock, the price to sales ratio is 5.70, the price to book ratio is 3.65 and price to earnings (TTM) ratio is 87.05.
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.
