Birkenstock (NYSE:BIRK) Downgraded to Strong Sell Rating by Zacks Research

Zacks Research downgraded shares of Birkenstock (NYSE:BIRK) from a hold rating to a strong sell rating in a research report sent to investors on Monday morning,Zacks.com reports.

BIRK has been the subject of a number of other reports. UBS Group decreased their price target on Birkenstock from $77.00 to $76.00 and set a “buy” rating for the company in a research note on Tuesday. Seaport Research Partners lowered Birkenstock from a “buy” rating to a “neutral” rating in a report on Monday, July 20th. Telsey Advisory Group dropped their price target on shares of Birkenstock from $60.00 to $45.00 and set an “outperform” rating on the stock in a research report on Thursday, May 14th. Stifel Nicolaus set a $51.00 price target on shares of Birkenstock in a report on Wednesday, May 13th. Finally, William Blair lowered shares of Birkenstock from an “outperform” rating to a “market perform” rating and set a $44.00 price objective for the company. in a research report on Monday. Thirteen equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $53.28.

Birkenstock Trading Down 2.7%

NYSE:BIRK opened at $37.84 on Monday. Birkenstock has a 12-month low of $31.12 and a 12-month high of $53.53. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.95 and a quick ratio of 1.19. The business has a 50 day simple moving average of $43.82 and a 200 day simple moving average of $40.13. The firm has a market capitalization of $6.96 billion, a P/E ratio of 17.09, a P/E/G ratio of 1.63 and a beta of 1.30.

Birkenstock (NYSE:BIRK) last posted its earnings results on Wednesday, May 13th. The company reported $0.58 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.12). Birkenstock had a net margin of 16.26% and a return on equity of 12.95%. The firm had revenue of $714.40 million for the quarter, compared to analyst estimates of $716.62 million. During the same period in the previous year, the firm earned $0.63 earnings per share. The company’s revenue for the quarter was up 7.7% on a year-over-year basis. Birkenstock has set its FY 2026 guidance at 2.220-2.400 EPS. Equities research analysts predict that Birkenstock will post 2.27 EPS for the current year.

Insider Buying and Selling

In other Birkenstock news, insider Mehdi Nico Bouyakhf sold 30,000 shares of the firm’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $43.50, for a total value of $1,305,000.00. Following the completion of the transaction, the insider directly owned 31,153 shares in the company, valued at $1,355,155.50. This trade represents a 49.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.

Hedge Funds Weigh In On Birkenstock

Large investors have recently bought and sold shares of the stock. Morse Asset Management Inc acquired a new position in Birkenstock in the 3rd quarter valued at approximately $28,000. Parallel Advisors LLC lifted its position in shares of Birkenstock by 1,161.7% in the 1st quarter. Parallel Advisors LLC now owns 757 shares of the company’s stock worth $27,000 after acquiring an additional 697 shares during the period. EverSource Wealth Advisors LLC grew its holdings in shares of Birkenstock by 125.9% during the 1st quarter. EverSource Wealth Advisors LLC now owns 768 shares of the company’s stock worth $28,000 after purchasing an additional 428 shares in the last quarter. Quarry LP grew its holdings in shares of Birkenstock by 99.2% during the 3rd quarter. Quarry LP now owns 988 shares of the company’s stock worth $45,000 after purchasing an additional 492 shares in the last quarter. Finally, Kestra Advisory Services LLC bought a new stake in shares of Birkenstock during the fourth quarter valued at approximately $42,000. 19.93% of the stock is currently owned by institutional investors and hedge funds.

Birkenstock Company Profile

Birkenstock Group AG, listed on the New York Stock Exchange under the symbol BIRK, is a global footwear manufacturer renowned for its anatomically contoured footbeds and iconic sandal designs. The company’s core product lines include classic models such as the Arizona, Boston and Madrid, alongside a range of clogs, shoes and orthotic insoles. In addition to footwear, Birkenstock offers complementary accessories, including socks and leather care products, reinforcing its commitment to foot health and comfort.

Birkenstock reaches consumers through a diversified distribution network that combines direct-to-consumer channels—such as branded retail stores and e-commerce platforms—with wholesale partnerships spanning specialty footwear retailers, department stores and select online marketplaces.