Birkenstock: Upside Is Not Attractive At The Current Valuation
I assign a hold rating to Birkenstock due to limited upside potential despite strong fundamentals and positive outlook. BIRK's recent performance is impressive, with 22% y/y growth in 4Q24 and strong demand across all regions and channels. Management's conservative FY25 guidance of 15-17% y/y growth suggests potential for a "beat and raise" motion, but valuation limits upside.
Birkenstock Approaches Buy Point Despite Stock Market Sell-Off
German shoemaker Birkenstock is approaching a new buy point following this week's surge on earnings. The post Birkenstock Approaches Buy Point Despite Stock Market Sell-Off appeared first on Investor's Business Daily.
Birkenstock price target lowered to $57.90 from $59.10 at Goldman Sachs
Goldman Sachs lowered the firm's price target on Birkenstock to $57.90 from $59.10 and keeps a Neutral rating on the shares. The company reported "robust" Q4 earnings that confirm its strong brand momentum, while margins surprised positively and drove earlier operating leverage vs. prior expectations, the analyst tells investors in a research note. The firm adds however that it will continue to monitor channel feedback with the view that the next potential catalyst will be the performance in the seasonally largest periods of the year, also noting that the management's outlook for FY25 was "modestly light".
Birkenstock's High-end Lifestyle Positioning Provides Competitive Edge That Is Difficult To Replicate: Analyst
Telsey Advisory Group analyst Dana Telsey reiterated the Outperform rating on Birkenstock Holding plc BIRK with a price forecast of $70.
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Birkenstock Holding plc (BIRK) Q4 2024 Earnings Call Transcript
Birkenstock Holding plc (NYSE:BIRK ) Q4 2024 Earnings Conference Call December 18, 2024 8:00 AM ET Company Participants Megan Kulick - Director, Investor Relations Oliver Reichert - Director and Chief Executive Officer Erik Massmann - Chief Financial Officer Nico Bouyakhf - President, EMEA Alexander Hoff - Vice President, Global Finance David Kahan - President, Americas Klaus Baumann - Chief Sales Officer Conference Call Participants Matthew Boss - JPMorgan Paul Lejuez - Citi Micheal Binetti - Evercore Dana Telsey - Telsey Group Laurent Vasilescu - BNP Paribas Randy Konik - Jefferies Lorraine Hutchinson - Bank of America Simeon Siegel - BMO Capital Markets Mark Altschwager - Baird Sam Poser - Williams Trading Janine Stichter - BTIG Jim Duffy - Stifel Erwan Rambourg - HSBC Jay Sole - UBS Adrien Duverger - Goldman Sachs Operator Good morning and thank you for standing by. Welcome to Birkenstock's Fourth Quarter and Fiscal Year 2024 Earnings Conference Call.
Here's Why Birkenstock Stock Jumped Up Today
Shares of sandal company Birkenstock (BIRK 5.69%) jumped on Wednesday after the company reported its financial results for its fiscal fourth quarter of 2024, capping off a strong year of growth and profitability. As of 9:45 a.m.
Birkenstock Steps Up in Q4, Stock Surges
Shares of Birkenstock Holdings PLC (NYSE:BIRK) are up 8.8% at $61.00 at last glance, earlier as high as $62.45, after the footwear retailer posted better-than-expected fiscal fourth-quarter earnings and revenue.
Birkenstock Stock Rises as Shoemaker Sees Margins Improving
Birkenstock Holdings (BIRK) posted better fourth-quarter results than analysts had expected Wednesday and outlined its expectations for its second full fiscal year as a public company, sending shares higher.
Birkenstock jumps as clog sales aid expectation-beating earnings
Birkenstock Holding PLC (NYSE:BIRK) shares jumped on Wednesday after the footwear maker unveiled expectation-beating results for the fourth quarter. Revenue surged by 22% to €456 million ($478 million) during the quarter, Birkenstock said on Wednesday, outdoing estimates for €439 million.
Birkenstock (BIRK) Q4 Earnings and Revenues Top Estimates
Birkenstock (BIRK) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to loss of $0.16 per share a year ago.
Birkenstock Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Birkenstock Holding plc BIRK will release its fourth-quarter financial results, before the opening bell, on Wednesday, Dec. 18.
