BirkenstockBIRK
About: Birkenstock Holding PLC is a company that manufactures and sells footbed-based products, including sandals, closed-toe silhouettes, and other products, such as skincare and accessories, for everyday, leisure, and work. It sells its products through two main channels: business-to-business (B2B) which comprises sales made to established third-party store networks, and direct-to-consumer (DTC) which comprises sales made on globally owned online stores through the Birkenstock.com domain and sales made in Birkenstock retail stores. The company's reportable segments are based on its regional hubs and include: the Americas which is also its key revenue-generating segment; Europe; and Australia, Japan, India, China, and the United Arab Emirates (APMA).
Employees: 7,400
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
267% more call options, than puts
Call options by funds: $108M | Put options by funds: $29.4M
97% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 38
13% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 38
2% more funds holding
Funds holding: 175 [Q2] → 178 (+3) [Q3]
2.77% less ownership
Funds ownership: 97.7% [Q2] → 94.93% (-2.77%) [Q3]
12% less capital invested
Capital invested by funds: $9.99B [Q2] → $8.79B (-$1.2B) [Q3]
20% less funds holding in top 10
Funds holding in top 10: 5 [Q2] → 4 (-1) [Q3]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Telsey Advisory Group Dana Telsey 59% 1-year accuracy 113 / 190 met price target | 23%upside $70 | Outperform Maintained | 22 Jan 2025 |
UBS Jay Sole 63% 1-year accuracy 31 / 49 met price target | 67%upside $95 | Buy Maintained | 19 Dec 2024 |
BMO Capital Simeon Siegel 77% 1-year accuracy 17 / 22 met price target | 23%upside $70 | Outperform Maintained | 19 Dec 2024 |
Baird Mark Altschwager 69% 1-year accuracy 22 / 32 met price target | 27%upside $72 | Outperform Maintained | 19 Dec 2024 |
Deutsche Bank Krisztina Katai 60% 1-year accuracy 12 / 20 met price target | 16%upside $66 | Buy Maintained | 19 Dec 2024 |
Financial journalist opinion
Based on 7 articles about BIRK published over the past 30 days
