Birkenstock Holding Plc (NYSE: BIRK) is -15.60% 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 $47.79 in the last trading session, with the day’s loss setting it -0.28%.
Currently trading at $47.51, the stock is -5.18% and -9.54% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.89 million and changing -0.59% at the moment leaves the stock -7.56% off its SMA200. BIRK registered -16.15% loss for a year compared to 6-month loss of -17.37%. The firm has a 50-day simple moving average (SMA 50) of $52.518 and a 200-day simple moving average (SMA200) of $51.39775.
The stock witnessed a -14.92% gain in the last 1 month and extending the period to 3 months gives it a -1.23%, and is -2.68% 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 2.03% over the week and 2.56% over the month.
Birkenstock Holding Plc (BIRK) has around 7400 employees, a market worth around $8.92B and $2.10B in sales. Current P/E ratio is 33.04 and Fwd P/E is 18.97. Profit margin for the company is 12.87%. Distance from 52-week low is 17.14% and -26.66% 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 32.29% 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
299.0 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 19.77%. 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.
