Birkenstock (NYSE:BIRK) Rating Increased to Hold at Zacks Research

Zacks Research upgraded shares of Birkenstock (NYSE:BIRK) from a strong sell rating to a hold rating in a report issued on Tuesday,Zacks reports.

BIRK has been the subject of a number of other research reports. Williams Trading lowered Birkenstock from a “strong-buy” rating to a “hold” rating in a report on Sunday, August 2nd. Stifel Nicolaus set a $51.00 price target on shares of Birkenstock in a research note on Wednesday, May 13th. Seaport Research Partners downgraded Birkenstock from a “buy” rating to a “neutral” rating in a research note on Monday, July 20th. JPMorgan Chase & Co. lifted their price target on shares of Birkenstock from $49.00 to $58.00 and gave the company an “overweight” rating in a research report on Tuesday, August 4th. Finally, William Blair cut shares of Birkenstock from an “outperform” rating to a “market perform” rating and set a $44.00 price objective for the company. in a research note on Monday, August 3rd. Thirteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $53.91.

Birkenstock Trading Down 1.4%

Birkenstock stock opened at $33.75 on Tuesday. The firm has a 50 day simple moving average of $40.39 and a 200-day simple moving average of $39.84. The company has a debt-to-equity ratio of 0.67, a current ratio of 3.78 and a quick ratio of 2.09. The stock has a market capitalization of $6.00 billion, a PE ratio of 15.82, a price-to-earnings-growth ratio of 1.37 and a beta of 1.28. Birkenstock has a 12-month low of $31.12 and a 12-month high of $51.37.

Birkenstock (NYSE:BIRK) last released its earnings results on Thursday, August 13th. The company reported $0.86 EPS for the quarter, missing the consensus estimate of $0.88 by ($0.02). Birkenstock had a net margin of 14.82% and a return on equity of 13.36%. The business had revenue of $834.65 million for the quarter, compared to analyst estimates of $827.39 million. During the same period in the prior year, the company earned $0.62 earnings per share. The firm’s revenue for the quarter was up 13.3% on a year-over-year basis. Birkenstock has set its FY 2026 guidance at 2.220-2.400 EPS. As a group, equities research analysts expect that Birkenstock will post 2.2 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Mehdi Nico Bouyakhf sold 30,000 shares of the stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $43.50, for a total transaction of $1,305,000.00. Following the completion of the sale, the insider owned 31,153 shares in the company, valued at $1,355,155.50. This represents a 49.06% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Parallel Advisors LLC grew 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 acquiring an additional 697 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in Birkenstock by 125.9% in the 1st quarter. EverSource Wealth Advisors LLC now owns 768 shares of the company’s stock valued at $28,000 after purchasing an additional 428 shares during the period. Morse Asset Management Inc bought a new stake in Birkenstock in the 3rd quarter valued at $28,000. Kestra Advisory Services LLC acquired a new stake in Birkenstock in the 4th quarter worth $42,000. Finally, Quarry LP grew its position in Birkenstock by 99.2% in the 3rd quarter. Quarry LP now owns 988 shares of the company’s stock worth $45,000 after purchasing an additional 492 shares during the last quarter. 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.