Birkenstock Holding Plc (NYSE: BIRK) is -7.94% 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 $45.52 in the last trading session, with the day’s loss setting it -0.66%.
Currently trading at $44.86, the stock is -6.31% and -6.61% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.19 million and changing -1.45% at the moment leaves the stock -11.35% off its SMA200. BIRK registered 12.60% gain for a year compared to 6-month gain of -4.51%. The firm has a 50-day simple moving average (SMA 50) of $48.1044 and a 200-day simple moving average (SMA200) of $50.6189.
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The stock witnessed a -11.06% loss in the last 1 month and extending the period to 3 months gives it a -28.09%, and is -3.32% down 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 3.61% over the week and 2.73% over the month.
Birkenstock Holding Plc (BIRK) has around 6300 employees, a market worth around $8.43B and $1.86B in sales. Current P/E ratio is 70.92 and Fwd P/E is 24.21. Profit margin for the company is 6.42%. Distance from 52-week low is 16.52% and -30.75% from its 52-week high. The company has generated returns on investments over the last 12 months (2.72%).
The EPS is expected to grow by 14.12% this year
The shares outstanding are 182.72M, and float is at 58.18M with Short Float at 7.45%.
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).
