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The closing price of Birkenstock Holding Plc (NYSE: BIRK) was $44.84 for the day, down -0.44% from the previous closing price of $45.04. In other words, the price has decreased by -$0.44 from its previous closing price. On the day, 0.6 million shares were traded. BIRK stock price reached its highest trading level at $45.59 during the session, while it also had its lowest trading level at $43.425.
Ratios:
Our analysis of BIRK’s different ratios will help us gain a deeper understanding of the company. 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 8459649536 and an Enterprise Value of 9725493248. As of this moment, Birkenstock’s Price-to-Earnings (P/E) ratio for their current fiscal year is 83.11, and their Forward P/E ratio for the next fiscal year is 25.55. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.03 while its Price-to-Book (P/B) ratio in mrq is 3.10. Its current Enterprise Value per Revenue stands at 6.289 whereas that against EBITDA is 27.639.
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 -3.96%, while the 200-Day Moving Average is calculated to be -1.15%.
Shares Statistics:
BIRK traded an average of 632.28K shares per day over the past three months and 700920 shares per day over the past ten days. 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 16.02% stake in the company. Shares short for BIRK as of 1713139200 were 5143381 with a Short Ratio of 8.13, compared to 1710460800 on 5676533. Therefore, it implies a Short% of Shares Outstanding of 5143381 and a Short% of Float of 14.469999999999999.
