Birkenstock Holding PLC (NYSE:BIRK) Given Consensus Rating of “Moderate Buy” by Brokerages

Birkenstock Holding PLC (NYSE:BIRK) has been assigned a consensus recommendation of “Moderate Buy” from the seventeen research firms that are currently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and thirteen have issued a buy rating on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $53.6786.

BIRK has been the subject of a number of research reports. UBS Group restated a “buy” rating on shares of Birkenstock in a research note on Monday, February 9th. Stifel Nicolaus set a $51.00 target price on Birkenstock in a research note on Wednesday, May 13th. The Goldman Sachs Group restated a “buy” rating and issued a $52.50 target price on shares of Birkenstock in a research note on Friday. BTIG Research reduced their price objective on Birkenstock from $65.00 to $60.00 and set a “buy” rating for the company in a research report on Thursday, May 14th. Finally, New Street Research set a $47.00 price objective on Birkenstock in a research report on Tuesday, January 27th.

Birkenstock Stock Performance

Shares of BIRK stock opened at $41.41 on Tuesday. The company has a quick ratio of 1.19, a current ratio of 2.95 and a debt-to-equity ratio of 0.45. The business has a 50 day moving average of $37.11 and a two-hundred day moving average of $39.57. Birkenstock has a 52 week low of $31.12 and a 52 week high of $57.20. The company has a market cap of $7.62 billion, a P/E ratio of 18.70, a PEG ratio of 1.66 and a beta of 1.15.

Hedge Funds Weigh In On Birkenstock

Several hedge funds and other institutional investors have recently made changes to their positions in BIRK. Royal Bank of Canada boosted its position in shares of Birkenstock by 310.5% during the first quarter. Royal Bank of Canada now owns 15,820 shares of the company’s stock worth $725,000 after buying an additional 11,966 shares during the period. AQR Capital Management LLC boosted its position in shares of Birkenstock by 53.1% during the first quarter. AQR Capital Management LLC now owns 14,954 shares of the company’s stock worth $686,000 after buying an additional 5,189 shares during the period. NewEdge Advisors LLC boosted its position in shares of Birkenstock by 61.0% during the first quarter. NewEdge Advisors LLC now owns 1,288 shares of the company’s stock worth $59,000 after buying an additional 488 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of Birkenstock by 27.8% during the first quarter. Goldman Sachs Group Inc. now owns 1,074,283 shares of the company’s stock worth $49,256,000 after buying an additional 233,672 shares during the period. Finally, Creative Planning acquired a new position in shares of Birkenstock during the second quarter worth approximately $371,000. 19.93% of the stock is currently owned by institutional investors and hedge funds.

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.