2 weeks Ago By ABMN Staff
Birkenstock Holding plc ( NYSE:BIRK – Get Free Report ) has been assigned a consensus recommendation of “Moderate Buy” from the nineteen research firms that are covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $62.
23. A number of equities analysts have issued reports on the company. Bank of America upgraded Birkenstock from a “neutral” rating to a “buy” rating and increased their price target for the stock from $62.
00 to $65.00 in a report on Thursday, July 25th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $70.
00 price target on shares of Birkenstock in a report on Thursday, June 13th. Citigroup initiated coverage on Birkenstock in a report on Monday, July 1st. They set a “buy” rating and a $65.
00 price objective for the company. Telsey Advisory Group restated an “outperform” rating and issued a $70.00 target price on shares of Birkenstock in a research note on Tuesday, September 24th.
Finally, BMO Capital Markets reissued an “outperform” rating and issued a $60.00 price objective on shares of Birkenstock in a report on Friday, August 30th. Check Out Our Latest Report on BIRK Institutional Inflows and Outflows Birkenstock Stock Performance BIRK opened at $49.
25 on Thursday. Birkenstock has a 1 year low of $35.83 and a 1 year high of $64.
78. The company has a market capitalization of $9.25 billion and a PE ratio of 56.
94. The business has a fifty day simple moving average of $54.16 and a 200 day simple moving average of $51.
57. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.
91 and a quick ratio of 1.49. Birkenstock ( NYSE:BIRK – Get Free Report ) last posted its earnings results on Thursday, August 29th.
The company reported $0.49 EPS for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.
07). The company had revenue of $564.76 million during the quarter, compared to the consensus estimate of $628.
70 million. Birkenstock had a return on equity of 5.79% and a net margin of 6.
26%. Research analysts expect that Birkenstock will post 1.37 EPS for the current year.
Birkenstock Company Profile ( Get Free Report Birkenstock Holding plc manufactures and sells footwear products. It also offers sandals, shoes, closed-toe silhouettes, skincare products, and accessories. The company sells its products through e-commerce sites and a network of owned retail stores, as well as business-to-business channels.
It operates in the United States, Brazil, Canada, Mexico, Europe, APMA, and internationally. Featured Articles Receive News & Ratings for Birkenstock Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Birkenstock and related companies with MarketBeat.com's FREE daily email newsletter .
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