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Birkenstock Holding Plc (NYSE: BIRK) closed the day trading at $57.69 down -2.42% from the previous closing price of $59.12. In other words, the price has decreased by -$2.42 from its previous closing price. On the day, 1.05 million shares were traded. BIRK stock price reached its highest trading level at $58.5 during the session, while it also had its lowest trading level at $57.43.
Ratios:
For a better understanding of BIRK, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 26.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 34.22. For the most recent quarter (mrq), Quick Ratio is recorded 1.20 and its Current Ratio is at 2.60. In the meantime, Its Debt-to-Equity ratio is 0.53 whereas as Long-Term Debt/Eq ratio is at 0.50.
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, BTIG Research on December 18, 2024, Reiterated its Buy rating but revised its target price to $70 from $60 previously.
On December 10, 2024, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $65.
HSBC Securities Upgraded its Hold to Buy on December 03, 2024, whereas the target price for the stock was revised from $58 to $60.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 13 ’24 when Klaus Baumann bought 30,000 shares for $46.43 per share.
Erik Massmann bought 35,000 shares of BIRK for $1,567,650 on Sep 12 ’24. On Aug 30 ’24, another insider, Christian Heesch, who serves as the Officer of the company, bought 25,000 shares for $61.97 each.
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 10835854336 and an Enterprise Value of 11852900352. As of this moment, Birkenstock’s Price-to-Earnings (P/E) ratio for their current fiscal year is 52.08, and their Forward P/E ratio for the next fiscal year is 25.34. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.08. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.43 while its Price-to-Book (P/B) ratio in mrq is 3.70. Its current Enterprise Value per Revenue stands at 6.877 whereas that against EBITDA is 28.539.
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 $41.00. The 50-Day Moving Average of the stock is 13.01%, while the 200-Day Moving Average is calculated to be 12.46%.
Shares Statistics:
Over the past 3-months, BIRK traded about 1.22M shares per day on average, while over the past 10 days, BIRK traded about 2077630 shares per day. A total of 187.83M shares are outstanding, with a floating share count of 39.92M. Insiders hold about 78.75% of the company’s shares, while institutions hold 25.31% stake in the company. Shares short for BIRK as of 1732838400 were 3947409 with a Short Ratio of 3.20, compared to 1730332800 on 4336700. Therefore, it implies a Short% of Shares Outstanding of 3947409 and a Short% of Float of 11.1.
