Birkenstock (NYSE:BIRK) Cut to Strong Sell at Zacks Research

Birkenstock (NYSE:BIRK) was downgraded by stock analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

A number of other equities analysts have also commented on the stock. Morgan Stanley set a $41.00 price target on shares of Birkenstock in a research report on Thursday, May 14th. BTIG Research lowered their target price on shares of Birkenstock from $65.00 to $60.00 and set a “buy” rating on the stock in a research note on Thursday, May 14th. Weiss Ratings upgraded shares of Birkenstock from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, July 2nd. William Blair lowered shares of Birkenstock from an “outperform” rating to a “market perform” rating and set a $44.00 target price for the company. in a research report on Monday. Finally, UBS Group decreased their price target on shares of Birkenstock from $77.00 to $76.00 and set a “buy” rating for the company in a report on Tuesday. Thirteen research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $53.28.

Birkenstock Stock Performance

Shares of NYSE BIRK opened at $37.84 on Monday. The business’s 50-day simple moving average is $43.82 and its 200-day simple moving average is $40.13. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.19 and a current ratio of 2.95. Birkenstock has a 52 week low of $31.12 and a 52 week high of $53.53. The firm has a market cap of $6.96 billion, a price-to-earnings ratio of 17.09, a P/E/G ratio of 1.63 and a beta of 1.30.

Birkenstock (NYSE:BIRK) last posted its earnings results on Wednesday, May 13th. The company reported $0.58 earnings per share for the quarter, missing the consensus estimate of $0.70 by ($0.12). The company had revenue of $714.40 million during the quarter, compared to analyst estimates of $716.62 million. Birkenstock had a return on equity of 12.95% and a net margin of 16.26%.The firm’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.63 earnings per share. Birkenstock has set its FY 2026 guidance at 2.220-2.400 EPS. As a group, equities research analysts expect that Birkenstock will post 2.27 earnings per share for the current fiscal year.

Insider Transactions at Birkenstock

In other news, insider Mehdi Nico Bouyakhf sold 30,000 shares of the business’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $43.50, for a total value of $1,305,000.00. Following the transaction, the insider directly owned 31,153 shares of the company’s stock, valued at $1,355,155.50. The trade was a 49.06% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Hedge Funds Weigh In On Birkenstock

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Bamco Inc. NY increased its stake in shares of Birkenstock by 25.4% in the 4th quarter. Bamco Inc. NY now owns 7,966,037 shares of the company’s stock valued at $325,811,000 after acquiring an additional 1,612,236 shares during the last quarter. T. Rowe Price Investment Management Inc. grew its holdings in shares of Birkenstock by 11.9% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 11,886,454 shares of the company’s stock valued at $486,156,000 after buying an additional 1,264,841 shares during the period. Holocene Advisors LP increased its position in shares of Birkenstock by 239.3% in the 2nd quarter. Holocene Advisors LP now owns 1,748,348 shares of the company’s stock valued at $85,984,000 after buying an additional 1,233,085 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Birkenstock by 61.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,093,620 shares of the company’s stock valued at $126,534,000 after purchasing an additional 1,181,919 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA bought a new position in Birkenstock during the 4th quarter worth about $41,110,000. Institutional investors own 19.93% of the company’s stock.

Birkenstock Company Profile

Birkenstock Group AG, listed on the New York Stock Exchange under the symbol BIRK, is a global footwear manufacturer renowned for its anatomically contoured footbeds and iconic sandal designs. The company’s core product lines include classic models such as the Arizona, Boston and Madrid, alongside a range of clogs, shoes and orthotic insoles. In addition to footwear, Birkenstock offers complementary accessories, including socks and leather care products, reinforcing its commitment to foot health and comfort.

Birkenstock reaches consumers through a diversified distribution network that combines direct-to-consumer channels—such as branded retail stores and e-commerce platforms—with wholesale partnerships spanning specialty footwear retailers, department stores and select online marketplaces.