Q4 Earnings Forecast for Birkenstock Issued By William Blair

Birkenstock Holding plc (NYSE:BIRK) – Investment analysts at William Blair dropped their Q4 2024 earnings estimates for shares of Birkenstock in a report released on Tuesday, December 10th. William Blair analyst S. Zackfia now anticipates that the company will earn $0.24 per share for the quarter, down from their prior forecast of $0.25. The consensus estimate for Birkenstock’s current full-year earnings is $1.36 per share. William Blair also issued estimates for Birkenstock’s Q2 2025 earnings at $0.60 EPS, Q3 2025 earnings at $0.69 EPS, Q4 2025 earnings at $0.37 EPS, FY2025 earnings at $1.83 EPS and Q1 2026 earnings at $2.41 EPS.

A number of other brokerages also recently issued reports on BIRK. Hsbc Global Res upgraded Birkenstock to a “strong-buy” rating in a report on Tuesday, December 3rd. BMO Capital Markets restated an “outperform” rating and set a $60.00 target price on shares of Birkenstock in a report on Friday, August 30th. UBS Group cut their price target on shares of Birkenstock from $85.00 to $83.00 and set a “buy” rating on the stock in a report on Tuesday. Piper Sandler assumed coverage on shares of Birkenstock in a report on Tuesday. They issued an “overweight” rating and a $65.00 price objective for the company. Finally, Stifel Nicolaus raised their target price on shares of Birkenstock from $63.00 to $70.00 and gave the stock a “buy” rating in a research report on Friday, August 23rd. Two investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Birkenstock currently has a consensus rating of “Moderate Buy” and a consensus price target of $66.13.

Birkenstock Stock Performance

Shares of NYSE:BIRK opened at $55.09 on Friday. The company has a current ratio of 2.91, a quick ratio of 1.49 and a debt-to-equity ratio of 0.55. The company has a 50-day moving average price of $49.31 and a 200-day moving average price of $52.98. The company has a market cap of $10.35 billion, a price-to-earnings ratio of 90.31, a price-to-earnings-growth ratio of 1.19 and a beta of 2.22. Birkenstock has a 12 month low of $41.00 and a 12 month high of $64.78.

Institutional Investors Weigh In On Birkenstock

Several hedge funds have recently added to or reduced their stakes in BIRK. Quarry LP purchased a new position in shares of Birkenstock in the 3rd quarter worth about $25,000. MetLife Investment Management LLC increased its stake in Birkenstock by 52.2% during the 3rd quarter. MetLife Investment Management LLC now owns 688 shares of the company’s stock valued at $34,000 after purchasing an additional 236 shares in the last quarter. GAMMA Investing LLC raised its holdings in Birkenstock by 33.7% in the third quarter. GAMMA Investing LLC now owns 893 shares of the company’s stock worth $44,000 after buying an additional 225 shares during the last quarter. Amalgamated Bank lifted its stake in shares of Birkenstock by 51.8% in the third quarter. Amalgamated Bank now owns 2,071 shares of the company’s stock worth $102,000 after buying an additional 707 shares in the last quarter. Finally, Acadian Asset Management LLC purchased a new stake in shares of Birkenstock during the second quarter valued at approximately $136,000. 19.93% of the stock is owned by institutional investors.

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.