Seaport Research Partners Downgrades Birkenstock (NYSE:BIRK) to Neutral

Birkenstock (NYSE:BIRK) was downgraded by research analysts at Seaport Research Partners from a “buy” rating to a “neutral” rating in a research note issued on Monday, Marketbeat Ratings reports.

Other equities analysts have also issued research reports about the stock. Zacks Research raised shares of Birkenstock from a “strong sell” rating to a “hold” rating in a research report on Thursday, July 2nd. The Goldman Sachs Group reiterated a “buy” rating and issued a $52.50 price target on shares of Birkenstock in a report on Friday, May 22nd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $41.00 price objective on shares of Birkenstock in a research note on Thursday, May 14th. Telsey Advisory Group dropped their price objective on Birkenstock from $60.00 to $45.00 and set an “outperform” rating for the company in a report on Thursday, May 14th. Finally, Stifel Nicolaus set a $51.00 target price on Birkenstock in a research report on Wednesday, May 13th. Thirteen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $53.57.

Birkenstock Stock Down 1.3%

BIRK opened at $42.22 on Monday. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.95 and a quick ratio of 1.19. The stock has a market capitalization of $7.77 billion, a price-to-earnings ratio of 19.07, a price-to-earnings-growth ratio of 1.79 and a beta of 1.26. The business has a 50-day moving average of $42.96 and a two-hundred day moving average of $40.27. Birkenstock has a 12 month low of $31.12 and a 12 month high of $53.53.

Birkenstock (NYSE:BIRK) last posted its quarterly earnings data on Wednesday, May 13th. The company reported $0.58 EPS for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.12). Birkenstock had a net margin of 16.26% and a return on equity of 12.95%. The company had revenue of $714.40 million for the quarter, compared to analyst estimates of $716.62 million. During the same period in the prior year, the company earned $0.63 EPS. The company’s revenue was up 7.7% compared to the same quarter last year. Birkenstock has set its FY 2026 guidance at 2.220-2.400 EPS. On average, research analysts expect that Birkenstock will post 2.27 earnings per share for the current year.

Insider Transactions at Birkenstock

In related news, insider Mehdi Nico Bouyakhf sold 30,000 shares of the stock in a transaction on Monday, June 8th. The stock was sold at an average price of $43.50, for a total value of $1,305,000.00. Following the completion of the sale, the insider directly owned 31,153 shares in the company, valued at approximately $1,355,155.50. This represents a 49.06% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Institutional Investors Weigh In On Birkenstock

Several institutional investors and hedge funds have recently modified their holdings of the stock. Parallel Advisors LLC grew its stake in shares of Birkenstock by 1,161.7% in the first quarter. Parallel Advisors LLC now owns 757 shares of the company’s stock valued at $27,000 after buying an additional 697 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in Birkenstock by 125.9% during the 1st quarter. EverSource Wealth Advisors LLC now owns 768 shares of the company’s stock worth $28,000 after acquiring an additional 428 shares in the last quarter. Morse Asset Management Inc acquired a new position in Birkenstock during the 3rd quarter worth approximately $28,000. Kestra Advisory Services LLC purchased a new position in Birkenstock in the 4th quarter worth approximately $42,000. Finally, Quarry LP boosted its holdings in Birkenstock by 99.2% in the 3rd quarter. Quarry LP now owns 988 shares of the company’s stock worth $45,000 after acquiring an additional 492 shares during the period. Hedge funds and other institutional investors own 19.93% of the company’s stock.

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.