Birkenstock (NYSE:BIRK) Price Target Cut to $56.00 by Analysts at Stifel Nicolaus

Birkenstock (NYSE:BIRK) had its price target trimmed by Stifel Nicolaus from $58.00 to $56.00 in a research note released on Wednesday,Benzinga reports. The brokerage currently has a buy rating on the stock.

A number of other analysts have also recently commented on the company. UBS Group reaffirmed a “buy” rating on shares of Birkenstock in a research note on Monday, February 9th. New Street Research set a $47.00 price target on Birkenstock in a research note on Tuesday, January 27th. Sanford C. Bernstein lowered their target price on Birkenstock from $55.00 to $50.00 and set a “market perform” rating for the company in a research note on Thursday, January 15th. BTIG Research reissued a “buy” rating and set a $65.00 target price on shares of Birkenstock in a research note on Thursday, January 29th. Finally, Seaport Research Partners raised Birkenstock from a “neutral” rating to a “buy” rating and set a $52.00 target price for the company in a research note on Tuesday, April 14th. Fifteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Birkenstock has a consensus rating of “Moderate Buy” and a consensus price target of $60.00.

Birkenstock Stock Performance

Shares of BIRK stock opened at $40.90 on Wednesday. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.13 and a quick ratio of 1.04. The stock has a market cap of $7.52 billion, a PE ratio of 17.91, a price-to-earnings-growth ratio of 1.58 and a beta of 1.21. The stock has a 50-day moving average of $38.10 and a 200-day moving average of $40.28. Birkenstock has a one year low of $33.06 and a one year high of $59.50.

Institutional Trading of Birkenstock

Large investors have recently bought and sold shares of the business. Ranger Investment Management L.P. increased its stake in 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 purchasing an additional 127,845 shares in the last quarter. Azzad Asset Management Inc. ADV grew its stake in shares of Birkenstock by 94.2% during the 3rd quarter. Azzad Asset Management Inc. ADV now owns 56,754 shares of the company’s stock worth $2,568,000 after acquiring an additional 27,531 shares in the last quarter. AGF Management Ltd. grew its stake in shares of Birkenstock by 2.5% during the 3rd quarter. AGF Management Ltd. now owns 2,089,320 shares of the company’s stock worth $94,542,000 after acquiring an additional 51,110 shares in the last quarter. Federated Hermes Inc. grew its stake in shares of Birkenstock by 4.4% during the 3rd quarter. Federated Hermes Inc. now owns 1,391,150 shares of the company’s stock worth $62,950,000 after acquiring an additional 59,223 shares in the last quarter. Finally, Swedbank AB grew its stake in shares of Birkenstock by 20.0% during the 3rd quarter. Swedbank AB now owns 1,200,000 shares of the company’s stock worth $54,300,000 after acquiring an additional 200,000 shares in the last quarter. 19.93% of the stock is owned by institutional investors.

About Birkenstock

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.