Telsey Advisory Group Has Lowered Expectations for Birkenstock (NYSE:BIRK) Stock Price

Birkenstock (NYSE:BIRKGet Free Report) had its target price reduced by equities researchers at Telsey Advisory Group from $60.00 to $45.00 in a research report issued to clients and investors on Thursday, MarketBeat reports. The brokerage currently has an “outperform” rating on the stock. Telsey Advisory Group’s price target would indicate a potential upside of 44.24% from the stock’s current price.

BIRK has been the topic of a number of other research reports. Sanford C. Bernstein lowered their target price on Birkenstock from $55.00 to $50.00 and set a “market perform” rating on the stock in a report on Thursday, January 15th. The Goldman Sachs Group reissued a “buy” rating and issued a $59.00 target price on shares of Birkenstock in a report on Thursday, January 29th. Deutsche Bank Aktiengesellschaft set a $49.00 target price on Birkenstock in a report on Friday, February 13th. JPMorgan Chase & Co. lowered their target price on Birkenstock from $66.00 to $52.00 and set an “overweight” rating on the stock in a report on Tuesday, January 20th. Finally, UBS Group reissued a “buy” rating on shares of Birkenstock in a report on Monday, February 9th. Fourteen research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Birkenstock presently has an average rating of “Moderate Buy” and a consensus price target of $55.20.

Get Our Latest Stock Report on BIRK

Birkenstock Stock Down 8.6%

BIRK stock opened at $31.20 on Thursday. Birkenstock has a fifty-two week low of $31.12 and a fifty-two week high of $58.30. The business’s 50-day moving average is $37.25 and its two-hundred day moving average is $39.73. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.04 and a current ratio of 2.95. The company has a market cap of $5.74 billion, a price-to-earnings ratio of 14.09, a P/E/G ratio of 1.35 and a beta of 1.15.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Parallel Advisors LLC raised its stake in shares of Birkenstock by 1,161.7% in the first quarter. Parallel Advisors LLC now owns 757 shares of the company’s stock worth $27,000 after buying an additional 697 shares during the period. Morse Asset Management Inc bought a new position in shares of Birkenstock in the third quarter worth about $28,000. Activest Wealth Management raised its stake in shares of Birkenstock by 77,500.0% in the third quarter. Activest Wealth Management now owns 776 shares of the company’s stock worth $35,000 after buying an additional 775 shares during the period. Kestra Advisory Services LLC bought a new position in shares of Birkenstock in the fourth quarter worth about $42,000. Finally, Quarry LP raised its stake in shares of Birkenstock by 99.2% in the third quarter. Quarry LP now owns 988 shares of the company’s stock worth $45,000 after buying an additional 492 shares during the period. Institutional investors own 19.93% of the company’s stock.

Trending Headlines about Birkenstock

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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.

Further Reading

Analyst Recommendations for Birkenstock (NYSE:BIRK)

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