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In the latest session, Birkenstock Holding Plc (NYSE: BIRK) closed at $60.70 down -2.05% from its previous closing price of $61.97. In other words, the price has decreased by -$2.05 from its previous closing price. On the day, 2.05 million shares were traded. BIRK stock price reached its highest trading level at $62.71 during the session, while it also had its lowest trading level at $60.66.
Ratios:
For a deeper understanding of Birkenstock Holding Plc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.13 and its Current Ratio is at 2.87. In the meantime, Its Debt-to-Equity ratio is 0.59 whereas as Long-Term Debt/Eq ratio is at 0.56.
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, Telsey Advisory Group on August 23, 2024, Reiterated its Outperform rating but revised its target price to $70 from $63 previously.
On July 25, 2024, BofA Securities Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $62 to $65.
UBS Upgraded its Neutral to Buy on July 01, 2024, whereas the target price for the stock was revised from $52 to $85.
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 11639772160 and an Enterprise Value of 12730011648. As of this moment, Birkenstock’s Price-to-Earnings (P/E) ratio for their current fiscal year is 104.57, and their Forward P/E ratio for the next fiscal year is 31.38. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.13. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.44 while its Price-to-Book (P/B) ratio in mrq is 4.13. Its current Enterprise Value per Revenue stands at 7.801 whereas that against EBITDA is 33.592.
Stock Price History:
Over the past 52 weeks, BIRK has reached a high of $64.78, while it has fallen to a 52-week low of $35.83. The 50-Day Moving Average of the stock is 5.05%, while the 200-Day Moving Average is calculated to be 21.36%.
Shares Statistics:
For the past three months, BIRK has traded an average of 1.21M shares per day and 1191060 over the past ten days. A total of 182.72M shares are outstanding, with a floating share count of 58.18M. Insiders hold about 69.03% of the company’s shares, while institutions hold 25.15% stake in the company. Shares short for BIRK as of 1723680000 were 4025765 with a Short Ratio of 3.32, compared to 1721001600 on 4057398. Therefore, it implies a Short% of Shares Outstanding of 4025765 and a Short% of Float of 11.3199994.
