Birkenstock Holding Plc (NYSE: BIRK) is -14.44% 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 $48.82 in the last trading session, with the day’s loss setting it -0.48%.
Currently trading at $48.34, the stock is -5.60% and -8.28% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.54 million and changing -0.98% at the moment leaves the stock -5.95% off its SMA200. BIRK registered -14.68% loss for a year compared to 6-month loss of -15.62%. The firm has a 50-day simple moving average (SMA 50) of $52.7022 and a 200-day simple moving average (SMA200) of $51.3985.
The stock witnessed a -12.51% gain in the last 1 month and extending the period to 3 months gives it a 10.19%, and is -1.71% 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 2.36% over the week and 2.70% over the month.
Birkenstock Holding Plc (BIRK) has around 7400 employees, a market worth around $9.08B and $2.10B in sales. Current P/E ratio is 33.62 and Fwd P/E is 19.14. Profit margin for the company is 12.87%. Distance from 52-week low is 19.18% and -25.38% from its 52-week high. The company has generated returns on investments over the last 12 months (6.08%).
The EPS is expected to grow by 33.18% this year.
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 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.
