Birkenstock (NYSE:BIRK) Sets New 1-Year Low – Here’s Why

Birkenstock Holding PLC (NYSE:BIRKGet Free Report) hit a new 52-week low on Thursday . The company traded as low as $32.44 and last traded at $33.0470, with a volume of 8932079 shares trading hands. The stock had previously closed at $37.95.

Birkenstock News Roundup

Here are the key news stories impacting Birkenstock this week:

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on BIRK shares. JPMorgan Chase & Co. cut their price objective on shares of Birkenstock from $66.00 to $52.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 20th. New Street Research set a $47.00 price objective on shares of Birkenstock in a research note on Tuesday, January 27th. Stifel Nicolaus set a $51.00 price target on shares of Birkenstock in a research report on Wednesday. BTIG Research reiterated a “buy” rating and issued a $65.00 price target on shares of Birkenstock in a research report on Thursday, January 29th. Finally, Seaport Research Partners upgraded shares of Birkenstock from a “neutral” rating to a “buy” rating and set a $52.00 price target on the stock in a research report on Tuesday, April 14th. Sixteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $59.41.

View Our Latest Research Report on Birkenstock

Birkenstock Trading Down 12.9%

The company has a quick ratio of 1.04, a current ratio of 3.13 and a debt-to-equity ratio of 0.46. The firm’s 50-day simple moving average is $37.60 and its 200 day simple moving average is $39.85. The stock has a market capitalization of $6.08 billion, a P/E ratio of 14.47, a PEG ratio of 1.45 and a beta of 1.15.

Institutional Trading of Birkenstock

Institutional investors and hedge funds have recently bought and sold shares of the stock. Parallel Advisors LLC lifted its stake in Birkenstock by 1,161.7% during the first quarter. Parallel Advisors LLC now owns 757 shares of the company’s stock valued at $27,000 after buying an additional 697 shares in the last quarter. Morse Asset Management Inc purchased a new stake in Birkenstock during the third quarter valued at about $28,000. Activest Wealth Management lifted its stake in Birkenstock by 77,500.0% during the third quarter. Activest Wealth Management now owns 776 shares of the company’s stock valued at $35,000 after buying an additional 775 shares in the last quarter. Kestra Advisory Services LLC purchased a new stake in Birkenstock during the fourth quarter valued at about $42,000. Finally, Quarry LP lifted its stake in Birkenstock by 99.2% during the third quarter. Quarry LP now owns 988 shares of the company’s stock valued at $45,000 after buying an additional 492 shares in the last quarter. Institutional investors and hedge funds own 19.93% of the company’s stock.

About Birkenstock

(Get Free Report)

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.

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