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Expert Outlook: Birkenstock Holding Through The Eyes Of 4 Analysts

Author: Benzinga Insights | February 22, 2024 09:00am

Analysts' ratings for Birkenstock Holding (NYSE:BIRK) over the last quarter vary from bullish to bearish, as provided by 4 analysts.

In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 1 3 0 0 0
Last 30D 0 1 0 0 0
1M Ago 0 0 0 0 0
2M Ago 0 2 0 0 0
3M Ago 1 0 0 0 0

The 12-month price targets, analyzed by analysts, offer insights with an average target of $54.62, a high estimate of $56.50, and a low estimate of $52.00. This upward trend is apparent, with the current average reflecting a 9.24% increase from the previous average price target of $50.00.

price target chart

Diving into Analyst Ratings: An In-Depth Exploration

The analysis of recent analyst actions sheds light on the perception of Birkenstock Holding by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Dana Telsey Telsey Advisory Group Maintains Outperform $56.00 -
Mark Altschwager Baird Raises Outperform $54.00 $53.00
Edward Yruma Piper Sandler Raises Overweight $56.50 $50.00
Jim Duffy Stifel Raises Buy $52.00 $47.00

Key Insights:

  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Birkenstock Holding. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Birkenstock Holding compared to the broader market.
  • Price Targets: Gaining insights, analysts provide estimates for the future value of Birkenstock Holding's stock. This comparison reveals trends in analysts' expectations over time.

Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Birkenstock Holding's market position. Stay informed and make well-informed decisions with our Ratings Table.

Stay up to date on Birkenstock Holding analyst ratings.

Unveiling the Story Behind Birkenstock Holding

Birkenstock Holding PLC is a company that manufactures and sells footbed-based products, including sandals, closed-toe silhouettes, and other products, such as skincare and accessories, for everyday, leisure, and work. The company operates in four operating segments based on its regional hubs: Americas, Europe and APMA (Asia Pacific, Middle East and Africa). The company sells its products through two main channels: business-to-business (B2B) and direct-to-consumer (DTC).

Financial Insights: Birkenstock Holding

Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.

Revenue Growth: Birkenstock Holding's remarkable performance in 3 months is evident. As of 30 September, 2023, the company achieved an impressive revenue growth rate of 16.46%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Consumer Discretionary sector.

Net Margin: Birkenstock Holding's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of -7.55%, the company may encounter challenges in effective cost control.

Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of -1.19%, the company may need to address challenges in generating satisfactory returns for shareholders.

Return on Assets (ROA): Birkenstock Holding's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -0.59%, the company may face hurdles in achieving optimal financial performance.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.81.

Analyst Ratings: Simplified

Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BIRK

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