Birkenstock (NYSE:BIRK) Downgraded to “Sell” Rating by Wall Street Zen

Birkenstock (NYSE:BIRK) was downgraded by investment analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report released on Saturday.

Other equities research analysts also recently issued research reports about the stock. Piper Sandler restated an “overweight” rating and issued a $55.00 price objective (down from $60.00) on shares of Birkenstock in a research note on Monday, April 27th. Zacks Research downgraded shares of Birkenstock from a “hold” rating to a “strong sell” rating in a research note on Friday, May 15th. UBS Group reiterated a “buy” rating on shares of Birkenstock in a research note on Monday, February 9th. Seaport Research Partners upgraded shares of Birkenstock from a “neutral” rating to a “buy” rating and set a $52.00 price target on the stock in a research note on Tuesday, April 14th. Finally, Morgan Stanley set a $41.00 price target on shares of Birkenstock in a research note on Thursday, May 14th. Twelve equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $53.68.

Birkenstock Trading Down 1.8%

Shares of Birkenstock stock opened at $42.20 on Friday. The company’s fifty day simple moving average is $38.40 and its 200-day simple moving average is $39.80. The company has a market cap of $7.76 billion, a price-to-earnings ratio of 19.06, a PEG ratio of 1.80 and a beta of 1.25. The company has a current ratio of 2.95, a quick ratio of 1.19 and a debt-to-equity ratio of 0.45. Birkenstock has a 1 year low of $31.12 and a 1 year high of $57.20.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Principal Financial Group Inc. raised its holdings in shares of Birkenstock by 22.5% in the fourth quarter. Principal Financial Group Inc. now owns 925,061 shares of the company’s stock valued at $37,835,000 after buying an additional 170,034 shares during the last quarter. Artisan Partners Limited Partnership raised its holdings in shares of Birkenstock by 15.0% in the third quarter. Artisan Partners Limited Partnership now owns 887,432 shares of the company’s stock valued at $40,156,000 after buying an additional 115,911 shares during the last quarter. Azzad Asset Management Inc. ADV raised its holdings in shares of Birkenstock by 94.2% in the third quarter. Azzad Asset Management Inc. ADV now owns 56,754 shares of the company’s stock valued at $2,568,000 after buying an additional 27,531 shares during the last quarter. Exane Asset Management bought a new position in shares of Birkenstock in the fourth quarter valued at about $6,502,000. Finally, Boothbay Fund Management LLC raised its holdings in shares of Birkenstock by 151.6% in the third quarter. Boothbay Fund Management LLC now owns 276,903 shares of the company’s stock valued at $12,530,000 after buying an additional 166,860 shares during the last quarter. 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.