Birkenstock Holding PLC (NYSE:BIRK) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Birkenstock Holding PLC (NYSE:BIRK) have been assigned an average rating of “Moderate Buy” from the sixteen brokerages that are presently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and twelve have given a buy recommendation to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $53.6786.

A number of research firms recently issued reports on BIRK. Telsey Advisory Group decreased their price target on shares of Birkenstock from $60.00 to $45.00 and set an “outperform” rating for the company in a research note on Thursday, May 14th. Morgan Stanley set a $41.00 price target on shares of Birkenstock in a research note on Thursday, May 14th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $41.00 price target on shares of Birkenstock in a research note on Thursday, May 14th. Seaport Research Partners raised shares of 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. Finally, Wall Street Zen downgraded shares of Birkenstock from a “hold” rating to a “sell” rating in a research note on Saturday, June 6th.

Insider Buying and Selling at Birkenstock

In other Birkenstock news, insider Mehdi Nico Bouyakhf sold 60,000 shares of the firm’s stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $42.07, for a total transaction of $2,524,200.00. Following the completion of the transaction, the insider owned 61,153 shares of the company’s stock, valued at approximately $2,572,706.71. This trade represents a 49.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Hedge Funds Weigh In On Birkenstock

Institutional investors and hedge funds have recently made changes to their positions in the business. Principal Financial Group Inc. grew its holdings in shares of Birkenstock by 22.5% during the fourth quarter. Principal Financial Group Inc. now owns 925,061 shares of the company’s stock valued at $37,835,000 after buying an additional 170,034 shares during the last quarter. Artisan Partners Limited Partnership grew its holdings in shares of Birkenstock by 15.0% during the third quarter. Artisan Partners Limited Partnership now owns 887,432 shares of the company’s stock valued at $40,156,000 after buying an additional 115,911 shares during the last quarter. Exane Asset Management purchased a new stake in shares of Birkenstock during the fourth quarter valued at approximately $6,502,000. Tabor Asset Management LP purchased a new stake in shares of Birkenstock during the third quarter valued at approximately $2,327,000. Finally, Boothbay Fund Management LLC grew its holdings in shares of Birkenstock by 151.6% during the third quarter. Boothbay Fund Management LLC now owns 276,903 shares of the company’s stock valued at $12,530,000 after buying an additional 166,860 shares during the last quarter. Institutional investors own 19.93% of the company’s stock.

Birkenstock Price Performance

BIRK stock opened at $46.41 on Friday. Birkenstock has a 1 year low of $31.12 and a 1 year high of $53.53. The company has a market cap of $8.53 billion, a P/E ratio of 20.96, a PEG ratio of 1.93 and a beta of 1.25. The firm has a 50-day moving average of $40.67 and a 200 day moving average of $40.15. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.95 and a quick ratio of 1.19.

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.