Birkenstock Holding Plc (BIRK) concluded trading on Wednesday at a closing price of $57.16, with 5.59 million shares of worth about $319.45 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -6.51% during that period and on December 18, 2024 the price saw a gain of about 1.96%. Currently the company’s common shares owned by public are about 187.83M shares, out of which, 39.92M shares are available for trading.
Stock saw a price change of 5.56% in past 5 days and over the past one month there was a price change of 23.03%. Year-to-date (YTD), BIRK shares are showing a performance of 17.30% which increased to 17.37% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $41.00 but also hit the highest price of $64.78 during that period. The average intraday trading volume for Birkenstock Holding Plc shares is 1.15 million. The stock is currently trading 9.22% above its 20-day simple moving average (SMA20), while that difference is up 14.83% for SMA50 and it goes to 12.34% higher than SMA200.
Birkenstock Holding Plc (NYSE: BIRK) currently have 187.83M outstanding shares and institutions hold larger chunk of about 25.31% of that.
The stock has a current market capitalization of $10.74B and its 3Y-monthly beta is at 2.03. PE ratio of stock for trailing 12 months is 90.37, while it has posted earnings per share of $0.63 in the same period. Its PEG reads 3.61 and has Quick Ratio of 1.49 while making debt-to-equity ratio of 0.57. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BIRK, volatility over the week remained 4.80% while standing at 3.59% over the month.
Stock’s fiscal year EPS is expected to rise by 15.37% while it is estimated to increase by 37.51% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BTIG Research on Dec-19-24 offering a Buy rating for the stock and assigned a target price range of between $60 and $70 to it. Coverage by Piper Sandler stated Birkenstock Holding Plc (BIRK) stock as an Overweight in their note to investors on December 10, 2024, suggesting a price target of $65 for the stock. On December 03, 2024, HSBC Securities Upgrade their recommendations, while on October 10, 2024, BTIG Research Initiated their ratings for the stock with a price target of $60. Stock get an Outperform rating from Telsey Advisory Group on August 23, 2024.
