Birkenstock (NYSE:BIRK) Shares Gap Up – Here’s What Happened

Birkenstock Holding PLC (NYSE:BIRK) shares gapped up before the market opened on Thursday . The stock had previously closed at $33.21, but opened at $36.74. Birkenstock shares last traded at $38.7510, with a volume of 1,204,084 shares changing hands.

Analysts Set New Price Targets

BIRK has been the subject of several research reports. Morgan Stanley set a $41.00 price objective on shares of Birkenstock in a research report on Thursday, May 14th. Telsey Advisory Group lowered their price objective on shares of Birkenstock from $60.00 to $45.00 and set an “outperform” rating for the company in a research report on Thursday, May 14th. Piper Sandler reissued an “overweight” rating and issued a $55.00 price objective (down from $60.00) on shares of Birkenstock in a research report on Monday, April 27th. Stifel Nicolaus set a $51.00 price objective on shares of Birkenstock in a research report on Wednesday, May 13th. Finally, The Goldman Sachs Group reissued a “buy” rating and issued a $59.00 price objective on shares of Birkenstock in a research report on Thursday, January 29th. Thirteen equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $54.14.

Birkenstock Trading Up 17.8%

The company has a debt-to-equity ratio of 0.45, a current ratio of 2.95 and a quick ratio of 1.19. The stock has a market cap of $7.20 billion, a price-to-earnings ratio of 17.72, a P/E/G ratio of 1.31 and a beta of 1.15. The company’s fifty day moving average price is $36.88 and its 200-day moving average price is $39.54.

Institutional Investors Weigh In On Birkenstock

A number of large investors have recently bought and sold shares of the company. Arkadios Wealth Advisors purchased a new stake in Birkenstock in the first quarter valued at approximately $372,000. EverSource Wealth Advisors LLC boosted its position in Birkenstock by 125.9% in the first quarter. EverSource Wealth Advisors LLC now owns 768 shares of the company’s stock valued at $28,000 after buying an additional 428 shares during the last quarter. Quantinno Capital Management LP boosted its position in Birkenstock by 97.6% in the first quarter. Quantinno Capital Management LP now owns 15,204 shares of the company’s stock valued at $545,000 after buying an additional 7,511 shares during the last quarter. Polar Asset Management Partners Inc. purchased a new stake in Birkenstock in the first quarter valued at approximately $2,630,000. Finally, SummitTX Capital L.P. boosted its position in Birkenstock by 1,301.0% in the first quarter. SummitTX Capital L.P. now owns 89,368 shares of the company’s stock valued at $3,202,000 after buying an additional 82,989 shares during the last quarter. Hedge funds and other institutional investors own 19.93% of the company’s stock.

Birkenstock Company Profile

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.