Birkenstock (NYSE:BIRK) Upgraded to “Hold” at Zacks Research

Birkenstock (NYSE:BIRK) was upgraded by analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report issued on Tuesday, Zacks reports.

Several other analysts also recently issued reports on the stock. BTIG Research reissued a “buy” rating and issued a $60.00 price target on shares of Birkenstock in a research report on Friday, August 14th. Stifel Nicolaus set a $51.00 price objective on shares of Birkenstock in a report on Wednesday, May 13th. William Blair lowered shares of Birkenstock from an “outperform” rating to a “market perform” rating and set a $44.00 price objective on the stock. in a research note on Monday, August 3rd. Sanford C. Bernstein reiterated a “market perform” rating and set a $55.00 price objective (up from $50.00) on shares of Birkenstock in a report on Friday, August 14th. Finally, UBS Group decreased their target price on shares of Birkenstock from $77.00 to $76.00 and set a “buy” rating for the company in a research report on Tuesday, August 4th. Thirteen research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $53.91.

Birkenstock Stock Performance

Shares of BIRK opened at $33.75 on Tuesday. Birkenstock has a one year low of $31.12 and a one year high of $51.37. The company has a market cap of $6.00 billion, a PE ratio of 15.82, a P/E/G ratio of 1.37 and a beta of 1.28. The stock has a 50-day moving average of $40.39 and a 200-day moving average of $39.84. The company has a debt-to-equity ratio of 0.67, a current ratio of 3.78 and a quick ratio of 2.09.

Birkenstock (NYSE:BIRK) last announced its quarterly earnings results on Thursday, August 13th. The company reported $0.86 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.88 by ($0.02). The firm had revenue of $834.65 million during the quarter, compared to the consensus estimate of $827.39 million. Birkenstock had a return on equity of 13.36% and a net margin of 14.82%.The firm’s revenue was up 13.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.62 EPS. Birkenstock has set its FY 2026 guidance at 2.220-2.400 EPS. On average, equities research analysts predict that Birkenstock will post 2.2 EPS for the current fiscal year.

Insiders Place Their Bets

In other Birkenstock news, insider Mehdi Nico Bouyakhf sold 60,000 shares of Birkenstock stock in a transaction 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 transaction, the insider directly owned 61,153 shares of the company’s stock, valued at $2,572,706.71. The trade was a 49.52% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the company. Corient Private Wealth LP bought a new stake in Birkenstock in the 2nd quarter worth about $3,703,000. California State Teachers Retirement System increased its stake in Birkenstock by 932.9% in the 2nd quarter. California State Teachers Retirement System now owns 24,398 shares of the company’s stock valued at $1,050,000 after buying an additional 22,036 shares during the last quarter. Public Employees Retirement System of Ohio bought a new position in shares of Birkenstock during the 2nd quarter worth approximately $501,000. Bank of New York Mellon Corp bought a new position in shares of Birkenstock during the 2nd quarter worth approximately $4,772,000. Finally, Militia Capital Management LLC purchased a new position in shares of Birkenstock in the 1st quarter worth approximately $331,000. 19.93% of the stock is owned by institutional investors.

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.