Though Birkenstock stock is fresh off its worst weekly loss since going public in October 2023, it's still up 11.7% over the last six months. The equity hit an all-time high of $61.83 on June 20, and the $54 level has acted as a floor for the subsequent pullback. In the short-term, BIRK boasts a 15.2% quarter-to-date lead. Shares of footwear retailer Birkenstock Holding PLC (NYSE:BIRK) are 3.9% higher at $56.51 at last glance, following a pair of bull notes. UBS upgraded BIRK to "buy" from "neutral," with a ...

About this content Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup News Service, Gracenot ...

Publicly traded since October, Birkenstock Holding PLC (NYSE:BIRK) is hitting all-time highs today, despite a downgrade from Goldman Sachs to "neutral" from "buy." The firm cited the stock's current valuation, seeing it as "fairly priced." At last check, BIRK was up 0.9% at $59.68, earlier hitting a peak of $60.55. BIRK is up 26% just in the last month, in part due to its 11.7% post-earnings pop in late May. At this point in the week, the stock is on track for its sixth consecutive weekly gain. The equity c ...

BalkansCat VAL 58.77 Birkenstock Holding PLC (BIRK) Price 58.77 56.00 48.00 40.00 32.00 Nov '23 Jan '24 Mar '24 May '24 Seeking AlphaQ Jun 11, 2024, 3:57 AM EDT Powered by YCHARTS Data by YCharts Cost of sale Operating expense Profit (loss) before ta Net profit (loss Diluted I last wrote a bullish note on Birkensbock in March, when the stock was still trading closer to $47 per share. Now, even after a ~25% rally from those levels, I'm reiterating my buy rating on Birkenstock, and I am encouraging investors ...

Key Points Birkenstock Holding plc NYSE: BIRK delivered a stellar earnings report, and BIRK stock continues to soar as the broader market reprices equities in anticipation of higher-for-longer interest rates amidst persistent inflation. Birkenstock Today -0.30 (-0.51%) 52-Week Range $35.83 ▼ $59.48 Price Target $52.37 Add to Watchlist BIRK Birkenstock $58.43 Neither seems to be an issue for the luxury footwear maker known for its iconic sandals. The company reported earnings per share of 44 cents on revenue ...

Growth in 2024 is now expected to be even better than management previously expected. Shares of shoe company Birkenstock (BIRK 11.66%) hit all-time highs on Thursday after the company reported financial results for its fiscal second quarter of 2024. The stock rose as much as 15% before settling for a 12% gain by the time the market closed for the day. This old company is still going strong Birkenstock clearly doesn't have a demand problem, which is encouraging for a shoe company that's been in business for ...

Key Takeaways Birkenstock set a record for second-quarter sales as demand for its footwear jumped in all categories and regions. The company's earnings and revenue exceeded forecasts, and it raised its full-year outlook. The news sent Birkenstock shares to an all-time high. Shares of Birkenstock Holding Plc (BIRK) jumped to an all-time high Thursday when the maker of fashion footwear posted record second-quarter revenue and boosted its guidance on strong demand across all its segments. The company known for ...

Oliver Reichert Adrien Duverger Operator Paul Lejuez Hey, thank you. Can you just go back to the Pasewalk facility. How ramped-up is that facility today? What capacity is it producing at? I'm curious if you could talk about the performance and efficiency relative to your plan and where you expect to be by the end-of-the year. Also, I think at one point, you said that facility could increase your volumes by 50%. Let me know if I'm remembering that correctly and any update there? And then just last, can you f ...

| --- | --- | --- | |-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | 1,609 | | 1,299 | | | | | | 483 | | 502 | 02 | --- | --- | --- | |----------------------------------------|-----------|-------| | Operating Cash Flow | FY23 \n57 | FY24 | | t/o: Funds from operations | 149 | | | t/o: Changes in working capital | (91) | | | Investing Cash Flow | (25) | | | Financing Cash Flow | (29) | | | t/o: Net IPO proceeds | — | | | t/o: Repayment of loans and borrowings | (2) | | | t/o: Cash interest ...

Investors interested in stocks from the Shoes and Retail Apparel sector have probably already heard of Skechers (SKX) and Birkenstock (BIRK) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earning ...