Birkenstock Holding Plc (NYSE: BIRK) is -3.45% lower on its value in year-to-date trading and has touched a low of $38.50 and a high of $64.78 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BIRK stock was last observed hovering at around $46.40 in the last trading session, with the day’s gains setting it 0.65%.
Currently trading at $47.05, the stock is -3.63% and -2.67% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.14 million and changing 1.40% at the moment leaves the stock -7.07% off its SMA200. BIRK registered 11.44% gain for a year compared to 6-month gain of 1.88%. The firm has a 50-day simple moving average (SMA 50) of $48.6134 and a 200-day simple moving average (SMA200) of $50.62015.
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The stock witnessed a -3.65% loss in the last 1 month and extending the period to 3 months gives it a -19.53%, and is 2.28% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.88% over the week and 2.58% over the month.
Birkenstock Holding Plc (BIRK) has around 6300 employees, a market worth around $8.84B and $1.86B in sales. Current P/E ratio is 74.39 and Fwd P/E is 24.92. Profit margin for the company is 6.42%. Distance from 52-week low is 22.21% and -27.37% from its 52-week high. The company has generated returns on investments over the last 12 months (2.72%).
Birkenstock Holding Plc quarterly earnings per share for the current quarter are estimated at 0.29 with sales reaching $470.59M over the same period.The EPS is expected to grow by 14.06% this year, but quarterly earnings will post 18.50% year-over-year. Quarterly sales are estimated to grow 15.80% in year-over-year returns.
The shares outstanding are 182.72M, and float is at 58.18M with Short Float at 9.17%.
Birkenstock Holding Plc (BIRK) Insider Activity
Still, SEC filings show that on Aug 30 ’24, Christian Heesch (Officer) Proposed Sale 25,000 shares at an average price of $61.97 for $1.55 million. The insider now directly holds shares of Birkenstock Holding Plc (BIRK).
