Birkenstock Holding Plc (NYSE: BIRK) closed the day trading at $46.85 down -0.38% from the previous closing price of $47.03. In other words, the price has decreased by -$0.18 from its previous closing price. On the day, 530865 shares were traded.
Ratios:
For a better understanding of BIRK, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.93 and its Current Ratio is at 2.95. In the meantime, Its Debt-to-Equity ratio is 0.60 whereas as Long-Term Debt/Eq ratio is at 0.58.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Evercore ISI on November 07, 2023, initiated with a Outperform rating and assigned the stock a target price of $47.
On November 07, 2023, Bernstein started tracking the stock assigning a Mkt Perform rating and target price of $37.15.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BIRK now has a Market Capitalization of 8.80B and an Enterprise Value of 10.20B. As of this moment, Birkenstock’s Price-to-Earnings (P/E) ratio for their current fiscal year is 86.84, and their Forward P/E ratio for the next fiscal year is 25.97. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.98. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.25 while its Price-to-Book (P/B) ratio in mrq is 3.24. Its current Enterprise Value per Revenue stands at 6.60 whereas that against EBITDA is 26.53.
Stock Price History:
Over the past 52 weeks, BIRK has reached a high of $55.00, while it has fallen to a 52-week low of $35.83. The 50-Day Moving Average of the stock is 48.03, while the 200-Day Moving Average is calculated to be 45.53.
Shares Statistics:
Over the past 3-months, BIRK traded about 818.82K shares per day on average, while over the past 10 days, BIRK traded about 687.52k shares per day. A total of 182.72M shares are outstanding, with a floating share count of 24.89M. Insiders hold about 86.75% of the company’s shares, while institutions hold 19.80% stake in the company. Shares short for BIRK as of Feb 29, 2024 were 5.36M with a Short Ratio of 6.55, compared to 6.43M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.86% and a Short% of Float of 15.09%.
Earnings Estimates
Current recommendations for the stock of the company come from 13 analysts. The consensus estimate for the next quarter is $0.53, with high estimates of $0.58 and low estimates of $0.48.
Analysts are recommending an EPS of between $1.5 and $1.16 for the fiscal current year, implying an average EPS of $1.34. EPS for the following year is $1.82, with 16 analysts recommending between $1.99 and $1.75.
Revenue Estimates
A total of 17 analysts have provided revenue estimates for BIRK’s current fiscal year. The highest revenue estimate was $1.96B, while the lowest revenue estimate was $1.89B, resulting in an average revenue estimate of $1.93B. In the same quarter a year ago, actual revenue was $1.63B, up 18.20% from the average estimate. Based on 17 analysts’ estimates, the company’s revenue will be $2.26B in the next fiscal year. The high estimate is $2.33B and the low estimate is $2.21B. The average revenue growth estimate for next year is up 17.00% from the average revenue estimate for this year.
