Birkenstock (NYSE:BIRK) Stock Crosses Above Fifty Day Moving Average - Time to Sell?

Key Points

• Birkenstock shares rose above their 50-day moving average, reaching $33.52 and last trading near $33.40, while remaining below the 200-day average of $38.28.
• Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus and an average price target of $51.91; however, Seaport Research Partners downgraded the stock to “neutral.”
• Recent results showed revenue growth of 13.3% year over year to $834.65 million, though quarterly EPS of $0.86 slightly missed estimates. Institutional investors own approximately 19.93% of the company.

Shares of Birkenstock Holding PLC (NYSE:BIRK - Get Free Report) crossed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $33.11 and traded as high as $33.52. Birkenstock shares last traded at $33.3980, with a volume of 1,659,300 shares.

Analyst Ratings Changes

BIRK has been the subject of a number of recent analyst reports. Seaport Research Partners cut Birkenstock from a "buy" rating to a "neutral" rating in a research report on Monday, July 20th. Guggenheim restated a "buy" rating and set a $55.00 target price on shares of Birkenstock in a research note on Friday, September 11th. Zacks Research raised Birkenstock from a "strong sell" rating to a "hold" rating in a research report on Tuesday, September 1st. Sanford C. Bernstein reiterated a "market perform" rating and issued a $55.00 price target (up from $50.00) on shares of Birkenstock in a research note on Friday, August 14th. Finally, Telsey Advisory Group increased their price target on Birkenstock from $45.00 to $50.00 and gave the company an "outperform" rating in a research note on Friday, August 14th. Thirteen investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $51.91.

Birkenstock Trading Up 5.7%

The stock's fifty day simple moving average is $33.11 and its 200-day simple moving average is $38.28. 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 firm has a market cap of $5.94 billion, a PE ratio of 15.65, a PEG ratio of 1.04 and a beta of 1.30.

Birkenstock (NYSE:BIRK - Get Free Report) last announced its quarterly earnings data on Thursday, August 13th. The company reported $0.86 earnings per share for the quarter, missing analysts' consensus estimates of $0.88 by ($0.02). Birkenstock had a net margin of 14.82% and a return on equity of 13.36%. The company had revenue of $834.65 million for the quarter, compared to analysts' expectations of $827.39 million. During the same period last year, the firm earned $0.62 earnings per share. Birkenstock's quarterly revenue was up 13.3% compared to the same quarter last year. Birkenstock has set its FY 2026 guidance at 2.220-2.400 EPS. On average, sell-side analysts forecast that Birkenstock Holding PLC will post 2.19 earnings per share for the current year.

Institutional Investors Weigh In On Birkenstock

A number of large investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP grew its position in Birkenstock by 30.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,049,787 shares of the company's stock worth $145,078,000 after purchasing an additional 956,167 shares during the period. Swedbank AB lifted its holdings in shares of Birkenstock by 6.7% in the 1st quarter. Swedbank AB now owns 1,600,000 shares of the company's stock valued at $57,328,000 after buying an additional 100,000 shares during the period. Rice Hall James & Associates LLC lifted its holdings in shares of Birkenstock by 26.5% in the 1st quarter. Rice Hall James & Associates LLC now owns 590,368 shares of the company's stock valued at $21,153,000 after buying an additional 123,791 shares during the period. Kornitzer Capital Management Inc. KS lifted its holdings in shares of Birkenstock by 6.2% in the 1st quarter. Kornitzer Capital Management Inc. KS now owns 170,525 shares of the company's stock valued at $6,110,000 after buying an additional 10,000 shares during the period. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Birkenstock in the second quarter worth about $4,772,000. Hedge funds and other institutional investors own 19.93% of the company's stock.

Birkenstock Company Profile

Birkenstock Holding plc, which operates the Birkenstock brand, is a German footwear company known for anatomically shaped footbed products designed to provide support and comfort. Its product portfolio includes sandals, shoes, clogs, boots and children's footwear, along with related accessories and care products.

The company traces its roots to 1774, when Johann Adam Birkenstock was listed as a shoemaker in Germany. Birkenstock's distinctive contoured footbed became the foundation of its footwear products and remains central to the brand.

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