Birkenstock Holding Plc (NYSE: BIRK) is -13.82% lower on its value in year-to-date trading and has touched a low of $40.56 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 $49.27 in the last trading session, with the day’s loss setting it -47.16%.
Currently trading at $2.11M, the stock is -6.75% and -6.03% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.79 million and changing 3790142% at the moment leaves the stock -3.67% off its SMA200. BIRK registered -12.74% loss for a year compared to 6-month loss of -17.50%. The firm has a 50-day simple moving average (SMA 50) of $52.6104 and a 200-day simple moving average (SMA200) of $51.3214.
The stock witnessed a -8.95% gain in the last 1 month and extending the period to 3 months gives it a 4.77%, and is -5.12% 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 3.28% over the week and 2.84% over the month.
Birkenstock Holding Plc (BIRK) has around 7400 employees, a market worth around $9.29B and $2.10B in sales. Current P/E ratio is 34.38 and Fwd P/E is 19.75. Profit margin for the company is 12.87%. Distance from 52-week low is 21.90% and -23.68% from its 52-week high. The company has generated returns on investments over the last 12 months (6.08%).
with sales reaching $641.18M over the same period.The EPS is expected to grow by 32.10% this year, but quarterly earnings will post 16.54% year-over-year. Quarterly sales are estimated to grow 13.53% in year-over-year returns.
Birkenstock Holding Plc (BIRK) Top Institutional Holders
298.0 institutions hold shares in Birkenstock Holding Plc (BIRK), with institutional investors hold 106.66% of the company’s shares. The shares outstanding are 187.83M, and float is at 39.98M with Short Float at 20.20%. Institutions hold 99.58% of the Float.
The top institutional shareholder in the company is CATTERTON MANAGEMENT COMPANY, L.L.C. with over 137.51 million shares valued at $7.48 billion. The investor’s holdings represent 73.2101% of the BIRK Shares outstanding. As of 2024-06-30, the second largest holder is T. ROWE PRICE INVESTMENT MANAGEMENT, INC. with 3.3 million shares valued at $179.49 million to account for 1.7563 of the shares outstanding. The other top investors are NORGES BANK which holds 3.18 million shares representing 1.6924% and valued at over $172.96 million, while DURABLE CAPITAL PARTNERS LP holds 1.663 of the shares totaling 3.12 million with a market value of $169.96 million.
