Birkenstock Holding Plc [BIRK] Revenue clocked in at $1.86 billion, down -4.72% YTD: What’s Next?

Birkenstock Holding Plc [NYSE: BIRK] gained 3.66% on the last trading session, reaching $46.43 price per share at the time.

If compared to the average trading volume of 1.37M shares, BIRK reached a trading volume of 2488650 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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Here is what top equities market gurus are saying about Birkenstock Holding Plc [BIRK]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BIRK shares is $66.85 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BIRK stock is a recommendation set at 1.53. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Telsey Advisory Group have made an estimate for Birkenstock Holding Plc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on August 23, 2024. While these analysts kept the previous recommendation, BofA Securities raised their target price from $62 to $65. The new note on the price target was released on July 25, 2024, representing the official price target for Birkenstock Holding Plc stock. Previously, the target price had yet another raise from $52 to $85, while UBS kept a Buy rating on BIRK stock.

The Average True Range (ATR) for Birkenstock Holding Plc is set at 2.22, with the Price to Sales ratio for BIRK stock in the period of the last 12 months amounting to 4.68. The Price to Book ratio for the last quarter was 3.08, with the Price to Cash per share for the same quarter was set at 2.31. Price to Free Cash Flow for BIRK in the course of the last twelve months was 33.24 with Quick ratio for the last quarter at 1.49.

Trading performance analysis for BIRK stock

Birkenstock Holding Plc [BIRK] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.25. With this latest performance, BIRK shares dropped by -23.01% in over the last four-week period, additionally sinking by -0.90% over the last 6 months.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BIRK stock in for the last two-week period is set at 31.97, with the RSI for the last a single of trading hit 30.46, and the three-weeks RSI is set at 34.91 for Birkenstock Holding Plc [BIRK]. The present Moving Average for the last 50 days of trading for this stock 55.74, while it was recorded at 45.02 for the last single week of trading, and 50.40 for the last 200 days.

Birkenstock Holding Plc [BIRK]: A deeper dive into fundamental analysis

Birkenstock Holding Plc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.49 and a Current Ratio set at 2.91.

Birkenstock Holding Plc [BIRK]: An earnings per share (EPS) analysis

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BIRK. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Birkenstock Holding Plc go to 24.92%.

An analysis of Institutional ownership at Birkenstock Holding Plc [BIRK]