Birkenstock Holding Plc (NYSE: BIRK) is -6.46% lower on its value in year-to-date trading and has touched a low of $39.20 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 $44.79 in the last trading session, with the day’s gains setting it 0.79%.
Currently trading at $45.58, the stock is -3.60% and -5.02% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.3 million and changing 1.76% at the moment leaves the stock -9.91% off its SMA200. BIRK registered 10.58% gain for a year compared to 6-month gain of -3.43%. The firm has a 50-day simple moving average (SMA 50) of $47.9866 and a 200-day simple moving average (SMA200) of $50.59225.
The stock witnessed a -9.71% loss in the last 1 month and extending the period to 3 months gives it a -26.42%, and is -2.23% 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 3.89% over the week and 2.90% over the month.
Birkenstock Holding Plc (BIRK) has around 6300 employees, a market worth around $8.71B and $1.86B in sales. Current P/E ratio is 72.06 and Fwd P/E is 24.85. Profit margin for the company is 6.42%. Distance from 52-week low is 16.28% and -29.64% from its 52-week high. The company has generated returns on investments over the last 12 months (2.72%).
with sales reaching $439.27M over the same period.The EPS is expected to grow by 13.74% this year, but quarterly earnings will post 20.01% year-over-year. Quarterly sales are estimated to grow 17.28% in year-over-year returns.
Birkenstock Holding Plc (BIRK) Top Institutional Holders
The shares outstanding are 182.72M, and float is at 39.92M with Short Float at 10.86%.
Birkenstock Holding Plc (BIRK) Insider Activity
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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).
