Birkenstock’s (BIRK) “Outperform” Rating Reiterated at Telsey Advisory Group

Telsey Advisory Group reissued their outperform rating on shares of Birkenstock (NYSE:BIRK) in a report issued on Tuesday morning,Benzinga reports. Telsey Advisory Group currently has a $70.00 price objective on the stock. Telsey Advisory Group also issued estimates for Birkenstock’s Q3 2025 earnings at $0.67 EPS, Q4 2025 earnings at $0.38 EPS, FY2025 earnings at $1.89 EPS and FY2026 earnings at $2.28 EPS.

BIRK has been the subject of a number of other research reports. BTIG Research raised their price objective on Birkenstock from $70.00 to $72.00 and gave the company a “buy” rating in a research report on Thursday, May 15th. UBS Group lifted their price objective on shares of Birkenstock from $72.00 to $76.00 and gave the stock a “buy” rating in a research note on Friday, May 16th. Robert W. Baird increased their price target on shares of Birkenstock from $65.00 to $70.00 and gave the company an “outperform” rating in a report on Friday, May 16th. Stifel Nicolaus increased their price target on shares of Birkenstock from $62.00 to $70.00 and gave the company a “buy” rating in a report on Friday, May 16th. Finally, William Blair reaffirmed an “outperform” rating on shares of Birkenstock in a report on Tuesday, June 3rd. Thirteen analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $68.58.

Birkenstock Trading Down 1.6%

Shares of Birkenstock stock opened at $48.56 on Tuesday. The firm has a market cap of $9.12 billion, a price-to-earnings ratio of 34.20, a PEG ratio of 1.17 and a beta of 1.31. The business has a 50-day moving average price of $50.97 and a 200-day moving average price of $51.04. The company has a quick ratio of 1.34, a current ratio of 3.06 and a debt-to-equity ratio of 0.47. Birkenstock has a twelve month low of $40.56 and a twelve month high of $64.78.

Birkenstock (NYSE:BIRK) last issued its quarterly earnings data on Thursday, May 15th. The company reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.57 by $0.01. The firm had revenue of $623.54 million during the quarter, compared to analyst estimates of $567.84 million. Birkenstock had a return on equity of 10.22% and a net margin of 12.86%. The business’s quarterly revenue was up 19.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.38 earnings per share. Equities research analysts anticipate that Birkenstock will post 1.77 EPS for the current fiscal year.

Institutional Trading of Birkenstock

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. GAMMA Investing LLC raised its position in Birkenstock by 34.5% in the 2nd quarter. GAMMA Investing LLC now owns 908 shares of the company’s stock worth $45,000 after purchasing an additional 233 shares during the period. Signaturefd LLC grew its stake in Birkenstock by 66.5% in the 1st quarter. Signaturefd LLC now owns 841 shares of the company’s stock worth $39,000 after acquiring an additional 336 shares in the last quarter. Connable Office Inc. grew its stake in Birkenstock by 7.8% in the 2nd quarter. Connable Office Inc. now owns 4,767 shares of the company’s stock worth $234,000 after acquiring an additional 344 shares in the last quarter. Legal & General Group Plc grew its stake in Birkenstock by 12.3% in the 4th quarter. Legal & General Group Plc now owns 3,158 shares of the company’s stock worth $179,000 after acquiring an additional 347 shares in the last quarter. Finally, Malaga Cove Capital LLC grew its stake in Birkenstock by 3.5% in the 4th quarter. Malaga Cove Capital LLC now owns 12,108 shares of the company’s stock worth $686,000 after acquiring an additional 407 shares in the last quarter. 19.93% of the stock is owned by hedge funds and other institutional investors.

About Birkenstock

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.