Birkenstock (NYSE:BIRK) Earns “Outperform” Rating from Telsey Advisory Group

Birkenstock (NYSE:BIRK)‘s stock had its “outperform” rating restated by Telsey Advisory Group in a research report issued to clients and investors on Thursday,Benzinga reports. They currently have a $60.00 target price on the stock. Telsey Advisory Group’s target price would indicate a potential upside of 49.52% from the company’s current price.

A number of other research analysts also recently issued reports on BIRK. Guggenheim reaffirmed a “buy” rating and issued a $60.00 price objective on shares of Birkenstock in a research report on Friday, December 19th. UBS Group restated a “buy” rating on shares of Birkenstock in a research note on Monday. Deutsche Bank Aktiengesellschaft set a $50.00 price target on Birkenstock in a research report on Thursday, January 8th. The Goldman Sachs Group reiterated a “buy” rating and set a $59.00 price objective on shares of Birkenstock in a report on Thursday, January 29th. Finally, Stifel Nicolaus lowered their price objective on Birkenstock from $66.00 to $58.00 and set a “buy” rating for the company in a research report on Thursday, December 18th. Sixteen equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Birkenstock presently has an average rating of “Moderate Buy” and a consensus price target of $60.18.

Birkenstock Stock Down 0.1%

Shares of BIRK opened at $40.13 on Thursday. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.81 and a quick ratio of 1.26. The stock has a market capitalization of $7.38 billion, a price-to-earnings ratio of 19.20, a price-to-earnings-growth ratio of 1.54 and a beta of 1.19. Birkenstock has a 1 year low of $36.44 and a 1 year high of $59.50. The business’s 50 day simple moving average is $41.31 and its 200-day simple moving average is $44.01.

Birkenstock (NYSE:BIRK) last posted its earnings results on Thursday, February 12th. The company reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.05. The firm had revenue of $471.54 million during the quarter, compared to analyst estimates of $402.30 million. Birkenstock had a net margin of 16.70% and a return on equity of 13.02%. As a group, equities analysts expect that Birkenstock will post 1.77 earnings per share for the current fiscal year.

Institutional Trading of Birkenstock

Hedge funds and other institutional investors have recently made changes to their positions in the business. Peregrine Capital Management LLC purchased a new stake in Birkenstock during the second quarter worth $8,422,000. Federated Hermes Inc. increased its holdings in Birkenstock by 39.9% in the second quarter. Federated Hermes Inc. now owns 1,331,927 shares of the company’s stock valued at $65,504,000 after buying an additional 379,759 shares in the last quarter. AGF Management Ltd. raised its position in shares of Birkenstock by 72.8% in the second quarter. AGF Management Ltd. now owns 2,038,210 shares of the company’s stock worth $100,239,000 after acquiring an additional 858,522 shares during the period. Ranger Investment Management L.P. boosted its stake in shares of Birkenstock by 66.4% during the 3rd quarter. Ranger Investment Management L.P. now owns 320,345 shares of the company’s stock worth $14,496,000 after acquiring an additional 127,845 shares in the last quarter. Finally, American Century Companies Inc. acquired a new stake in shares of Birkenstock during the 2nd quarter valued at about $18,647,000. Institutional investors and hedge funds own 19.93% of the company’s stock.

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.