FY2025 EPS Estimates for Birkenstock Lifted by William Blair

Key Points

• William Blair has raised its FY2025 earnings per share estimate for Birkenstock to $2.01, up from $1.99, and maintains an "Outperform" rating on the stock.
• Birkenstock achieved robust quarterly performance, reporting $0.70 earnings per share against an expected $0.67 and revenues of $749.13 million, surpassing the consensus estimate of $641.18 million.
• The stock has received multiple positive ratings from analysts, with an average rating of "Buy" and a consensus price target of $68.38.

Birkenstock Holding PLC (NYSE:BIRK - Free Report) - Analysts at William Blair lifted their FY2025 earnings per share estimates for Birkenstock in a research report issued to clients and investors on Thursday, September 25th. William Blair analyst S. Zackfia now forecasts that the company will post earnings of $2.01 per share for the year, up from their prior estimate of $1.99. William Blair currently has a "Outperform" rating on the stock. The consensus estimate for Birkenstock's current full-year earnings is $1.77 per share. William Blair also issued estimates for Birkenstock's Q4 2025 earnings at $0.43 EPS, Q4 2026 earnings at $0.56 EPS and FY2027 earnings at $3.10 EPS.

A number of other research analysts have also recently commented on the stock. UBS Group set a $77.00 price target on shares of Birkenstock and gave the stock a "buy" rating in a research note on Tuesday, August 5th. Telsey Advisory Group restated an "outperform" rating and set a $70.00 target price on shares of Birkenstock in a research report on Friday. The Goldman Sachs Group raised Birkenstock from a "neutral" rating to a "buy" rating and set a $60.00 price target on the stock in a research note on Thursday, July 24th. Finally, JPMorgan Chase & Co. dropped their price objective on Birkenstock from $81.00 to $66.00 and set an "overweight" rating for the company in a research note on Friday, September 19th. One equities research analyst has rated the stock with a Strong Buy rating and fourteen have given a Buy rating to the company. According to data from MarketBeat.com, Birkenstock currently has an average rating of "Buy" and a consensus price target of $68.38.

Birkenstock Price Performance

NYSE:BIRK opened at $44.91 on Monday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.29 and a current ratio of 2.78. The company has a 50-day moving average of $49.30 and a 200-day moving average of $49.81. Birkenstock has a 52 week low of $40.56 and a 52 week high of $62.66. The company has a market capitalization of $8.44 billion, a price-to-earnings ratio of 24.95, a PEG ratio of 1.02 and a beta of 1.31.

Birkenstock (NYSE:BIRK - Get Free Report) last posted its quarterly earnings results on Thursday, August 14th. The company reported $0.70 earnings per share for the quarter, topping analysts' consensus estimates of $0.67 by $0.03. The firm had revenue of $749.13 million for the quarter, compared to the consensus estimate of $641.18 million. Birkenstock had a net margin of 15.21% and a return on equity of 11.52%. The business's revenue was up 12.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.40 earnings per share. Birkenstock has set its FY 2025 guidance at EPS.

Institutional Investors Weigh In On Birkenstock

Several institutional investors have recently modified their holdings of the business. T. Rowe Price Investment Management Inc. lifted its holdings in Birkenstock by 25.3% in the first quarter. T. Rowe Price Investment Management Inc. now owns 5,167,145 shares of the company's stock valued at $236,914,000 after buying an additional 1,042,891 shares during the period. Bamco Inc. NY raised its position in shares of Birkenstock by 11.3% during the 2nd quarter. Bamco Inc. NY now owns 4,477,403 shares of the company's stock valued at $220,199,000 after acquiring an additional 453,052 shares during the last quarter. Balyasny Asset Management L.P. lifted its stake in shares of Birkenstock by 214.3% in the 2nd quarter. Balyasny Asset Management L.P. now owns 2,991,187 shares of the company's stock valued at $147,107,000 after purchasing an additional 2,039,623 shares during the period. AGF Management Ltd. boosted its position in shares of Birkenstock by 72.8% in the 2nd quarter. AGF Management Ltd. now owns 2,038,210 shares of the company's stock worth $100,239,000 after purchasing an additional 858,522 shares during the last quarter. Finally, Holocene Advisors LP grew its stake in shares of Birkenstock by 239.3% during the second quarter. Holocene Advisors LP now owns 1,748,348 shares of the company's stock worth $85,984,000 after purchasing an additional 1,233,085 shares during the period. Institutional investors and hedge funds own 19.93% of the company's stock.

About Birkenstock

Birkenstock Holding plc manufactures and sells footwear products. It also offers sandals, shoes, closed-toe silhouettes, skincare products, and accessories. The company sells its products through e-commerce sites and a network of owned retail stores, as well as business-to-business channels. It operates in the United States, Brazil, Canada, Mexico, Europe, APMA, and internationally.

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