BIRK Stock Summary and Trading Ideas (Birkenstock Holding PLC | NYSE:BIRK)

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).

Birkenstock Holding PLC trades on the NYSE stock market under the symbol BIRK.

As of February 11, 2025, BIRK stock price declined to $56.45 with 59,234 million shares trading.

BIRK has a beta of 1.10, meaning it tends to be more sensitive to market movements. BIRK has a correlation of 0.10 to the broad based SPY ETF.

BIRK has a market cap of $10.60 billion. This is considered a Large Cap stock.

Last quarter Birkenstock Holding PLC reported $501 million in Revenue and $.32 earnings per share. This beat revenue expectation by $62 million and exceeded earnings estimates by $.06.

The top ETF exchange traded funds that BIRK belongs to (by Net Assets): IWR, IWD, IPO, SPDW, IWS.

BIRK has underperformed the market in the last year with a price return of +17.9% while the SPY ETF gained +21.8%. However, in the short term, BIRK had mixed performance relative to the market. It has outperformed in the last 3 months, returning +21.1% vs +1.2% return in SPY. But in the last 2 weeks, BIRK shares have been beat by the market, returning -3.0% compared to an SPY return of +0.7%.

BIRK support price is $55.08 and resistance is $57.88 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BIRK shares will trade within this expected range on the day.