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As of close of business last night, Birkenstock Holding Plc’s stock clocked out at $59.78, down -2.75% from its previous closing price of $61.47. In other words, the price has decreased by -$2.75 from its previous closing price. On the day, 1.03 million shares were traded. BIRK stock price reached its highest trading level at $61.4 during the session, while it also had its lowest trading level at $59.48.
Ratios:
To gain a deeper understanding of BIRK’s stock, we examine its different 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.
Goldman Downgraded its Buy to Neutral on June 12, 2024, whereas the target price for the stock was revised from $54.20 to $58.
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 11228237824 and an Enterprise Value of 12557211648. As of this moment, Birkenstock’s Price-to-Earnings (P/E) ratio for their current fiscal year is 102.98, and their Forward P/E ratio for the next fiscal year is 32.53. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.19. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.34 while its Price-to-Book (P/B) ratio in mrq is 4.07. Its current Enterprise Value per Revenue stands at 7.695 whereas that against EBITDA is 33.796.
Stock Price History:
Over the past 52 weeks, BIRK has reached a high of $61.83, while it has fallen to a 52-week low of $35.83. The 50-Day Moving Average of the stock is 20.15%, while the 200-Day Moving Average is calculated to be 27.90%.
Shares Statistics:
It appears that BIRK traded 731.87K shares on average per day over the past three months and 951020 shares per day over the past ten days. A total of 182.72M shares are outstanding, with a floating share count of 25.19M. Insiders hold about 86.59% of the company’s shares, while institutions hold 16.42% stake in the company. Shares short for BIRK as of 1715731200 were 5139454 with a Short Ratio of 6.20, compared to 1713139200 on 5143381. Therefore, it implies a Short% of Shares Outstanding of 5139454 and a Short% of Float of 14.46.
