Allbirds (NASDAQ:BIRD) Stock Rating Lowered by Wall Street Zen

Allbirds (NASDAQ:BIRD) was downgraded by Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued on Sunday.

A number of other brokerages have also commented on BIRD. Weiss Ratings reiterated a “sell (d-)” rating on shares of Allbirds in a research note on Wednesday, October 8th. Morgan Stanley upped their price objective on Allbirds from $5.00 to $8.00 and gave the company an “equal weight” rating in a report on Monday, August 11th. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $11.00.

Allbirds Price Performance

NASDAQ:BIRD opened at $5.05 on Friday. The company has a quick ratio of 1.41, a current ratio of 2.37 and a debt-to-equity ratio of 0.24. Allbirds has a 12-month low of $3.93 and a 12-month high of $12.85. The stock’s 50 day moving average price is $6.47 and its two-hundred day moving average price is $7.80. The firm has a market capitalization of $41.46 million, a price-to-earnings ratio of -0.49 and a beta of 1.92.

Allbirds (NASDAQ:BIRD) last announced its quarterly earnings results on Thursday, November 6th. The company reported ($2.49) earnings per share (EPS) for the quarter, beating the consensus estimate of ($2.64) by $0.15. Allbirds had a negative return on equity of 108.35% and a negative net margin of 51.90%.The business had revenue of $32.99 million during the quarter, compared to the consensus estimate of $34.25 million. Allbirds has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. On average, analysts anticipate that Allbirds will post -11.87 earnings per share for the current year.

Institutional Investors Weigh In On Allbirds

Hedge funds have recently added to or reduced their stakes in the business. Finley Financial LLC bought a new position in shares of Allbirds during the 3rd quarter worth about $28,000. PDT Partners LLC acquired a new position in Allbirds during the 1st quarter worth approximately $76,000. Performa Ltd US LLC bought a new position in Allbirds in the third quarter worth approximately $74,000. Vanguard Group Inc. boosted its holdings in Allbirds by 4.9% in the third quarter. Vanguard Group Inc. now owns 243,983 shares of the company’s stock worth $1,383,000 after acquiring an additional 11,459 shares in the last quarter. Finally, Tenzing Global Management LLC acquired a new stake in Allbirds in the second quarter valued at approximately $3,762,000. 44.07% of the stock is currently owned by institutional investors.

Allbirds Company Profile

Allbirds, Inc manufactures and sells footwear and apparel products for men and women in the United States and internationally. The company offers a range of lifestyle and performance shoes; and apparel, including classic tees and sweats, socks, and underwear. It sells its products through its retail stores, as well as online.