Birkenstock Holding PLC (NYSE:BIRK) Stock Has Average Price Target of $52.50 According to Brokerages

Shares of Birkenstock Holding PLC (NYSE:BIRK) have received a consensus recommendation of “Moderate Buy” from the nineteen brokerages that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and thirteen have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $51.91.

A number of research firms have recently issued reports on BIRK. Sanford C. Bernstein reiterated a “market perform” rating and set a $55.00 price target (up from $50.00) on shares of Birkenstock in a research report on Friday, August 14th. Zacks Research raised Birkenstock from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 1st. BTIG Research reiterated a “buy” rating and issued a $60.00 price objective on shares of Birkenstock in a research report on Friday, August 14th. BMO Capital Markets assumed coverage on shares of Birkenstock in a research note on Tuesday, September 8th. They issued a “market perform” rating and a $35.00 price objective on the stock. Finally, Williams Trading downgraded shares of Birkenstock from a “hold” rating to a “strong sell” rating in a report on Friday, October 16th.

Birkenstock Stock Up 4.4%

Shares of NYSE BIRK opened at $33.75 on Friday. The company has a quick ratio of 2.09, a current ratio of 3.78 and a debt-to-equity ratio of 0.67. Birkenstock has a 52 week low of $29.93 and a 52 week high of $50.73. The firm has a 50-day moving average price of $33.56 and a 200 day moving average price of $38.50. The stock has a market capitalization of $6.00 billion, a price-to-earnings ratio of 15.82, a price-to-earnings-growth ratio of 1.07 and a beta of 1.30.

Birkenstock (NYSE:BIRK) last released its quarterly earnings data on Thursday, August 13th. The company reported $0.86 EPS for the quarter, missing analysts’ consensus estimates of $0.88 by ($0.02). Birkenstock had a return on equity of 13.36% and a net margin of 14.82%. The company had revenue of $834.65 million for the quarter, compared to analysts’ expectations of $827.39 million. During the same period in the prior year, the firm posted $0.62 EPS. The firm’s quarterly revenue was up 13.3% on a year-over-year basis. Birkenstock has set its FY 2026 guidance at 2.220-2.400 EPS. Equities research analysts anticipate that Birkenstock will post 2.19 EPS for the current fiscal year.

Institutional Investors Weigh In On Birkenstock

Large investors have recently bought and sold shares of the stock. T. Rowe Price Investment Management Inc. increased its position in Birkenstock by 11.9% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 11,886,454 shares of the company’s stock worth $486,156,000 after buying an additional 1,264,841 shares in the last quarter. Bamco Inc. NY lifted its position in shares of Birkenstock by 25.4% in the fourth 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 in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Birkenstock by 30.9% in the first quarter. Dimensional Fund Advisors LP now owns 4,049,787 shares of the company’s stock valued at $145,078,000 after acquiring an additional 956,167 shares in the last quarter. Swedbank AB lifted its position in shares of Birkenstock by 6.7% in the first quarter. Swedbank AB now owns 1,600,000 shares of the company’s stock valued at $57,328,000 after acquiring an additional 100,000 shares in the last quarter. Finally, Rice Hall James & Associates LLC boosted its stake in shares of Birkenstock by 26.5% during the first quarter. Rice Hall James & Associates LLC now owns 590,368 shares of the company’s stock valued at $21,153,000 after acquiring an additional 123,791 shares during the last quarter. Institutional investors and hedge funds own 19.93% of the company’s stock.

About Birkenstock

Birkenstock Holding plc, which operates the Birkenstock brand, is a German footwear company known for anatomically shaped footbed products designed to provide support and comfort. Its product portfolio includes sandals, shoes, clogs, boots and children’s footwear, along with related accessories and care products.

The company traces its roots to 1774, when Johann Adam Birkenstock was listed as a shoemaker in Germany. Birkenstock’s distinctive contoured footbed became the foundation of its footwear products and remains central to the brand.